New York-based rowing studio CityRow has plans to expand.
Founder and CEO Helaine Knapp told Cheddar she is considering bringing its machines into your home.
“When I think about what a holistic platform would be, for a consumer in New York City, in Seattle, in San Fran, or maybe it’s 35 or 45 [miles] outside of a city, it combines both the physical experience as well as at-home,” she said in an interview Friday. “It’ll be a cornerstone of our fundraising.”
Boutique fitness studios like Peloton and SoulCycle have already moved beyond buildings into at-home products. Knapp hopes to secure new funding in the next two to three months to finance her own company’s move into that market.
She says she’ll also look for opportunities to franchise. The company, which currently has two locations in Manhattan, will open a new studio in Ann Arbor, Michigan early this year.
For full interview [click here](https://cheddar.com/videos/boutique-fitness-studio-cityrow-on-plans-for-expansion).
Peter Krull, a partner and director of sustainable investing at Prime Capital Investment Advisors company Earth Equity Advisors, joined Cheddar News to give some tips on green investments.
Investment in space was down 53% over the first three months of the year, according to a report from investment fund Space Capital. Chad Anderson, founder and managing partners of Space Capital, joined Cheddar News to discuss the funding downturn that's hit the lowest level in 14 quarters for the space industry.
The Week's Top Stories is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
Pulitzer Prize winning digital media outlet BuzzFeed News is being shut down as part of a cost-cutting drive by its corporate parent that’s shedding about 15% of its entire staff, adding to layoffs made earlier this year.
Belgian customs have destroyed more than 2,000 cans of Miller High Life, advertised as the ″Champagne of Beers,” at the request of houses and growers of the bubbly beverage.
Stocks remained listless in afternoon trading Friday, as Wall Street closed out a quiet week highlighted by a batch of mostly mixed corporate earnings reports.
