New COVID-19 guidelines in New York are requiring gyms and health clubs to shut their doors no later than 10 p.m., but Retro Fitness CEO Andrew Alfano said the move is unnecessary and gyms are essential to maintaining health.
Last Friday, Governor Andrew Cuomo instituted the curfew for gyms as well as in-person restaurant and bar services, but Alfano says fitness centers should not be lumped together with eateries.
Additionally, he questioned the usefulness of curfews and pointed out that overnight shift workers, such as police officers, firefighters, and healthcare workers who use gyms late in the evening, are likely to be those most affected by the new guidelines.
“This is a non-discriminating disease. It does not discriminate against the population and it certainly doesn’t know the time. So [there's no difference] before 10 p.m. or after 10 p.m.,” Alfano continued, noting that the chain has asked Cuomo to reconsider the curfew.
New York isn't the only city restricting gym use. Oregon and cities such as Philadelphia and San Francisco have also announced plans to close or restrict gym hours as the latest wave of COVID-19 reaches new heights.
Alfano's message to governors considering a complete shutdown of health and fitness facilities: don't. He noted that unlike the locales restricting gym access, Florida Governor Ron DeSantis was among the first onboard to reopen, a move Alfano supports.
He stressed the importance of exercise and maintaining health even as the pandemic persists. "There is more to public health than just a virus. There's mental health. There's physical health."
After earlier restrictions were lifted, Alfano said Retro Fitness saw an uptick in business with new member enrollments recently up 20 percent.
“Our September, if you can imagine this, in the midst of a pandemic, we had the best September in franchise sales since September 2013, and we had our best overall month since 2017,” he noted.
The company is looking to build on its recovery with plans to incorporate a hybrid option that allows members to complete workout sessions at home.
Alfano also announced that the company will be partnering with a trained chef to provide members with access to healthy food prep videos via YouTube.
The Trump administration has issued its first warnings to online services that offer unofficial versions of popular drugs like the blockbuster obesity treatment Wegovy.
Oracle soars as it cashes in on the AI boom, Plus: Starbucks shares continue to fall under its new CEO, and does anybody actually want a new iPhone Air?
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
Oracle co-founder Larry Ellison wrested the title of the world’s richest man from longtime holder Elon Musk early Wednesday as stock in his software giant rocketed more than a third in a stunning few minutes of trading. That is according to wealth tracker Bloomberg. A college dropout, the 81-year-old Ellison is now worth $393 billion, Bloomberg says, several billion more than Musk, who had been the world’s richest for four years. The switch in the ranking came after a blockbuster earnings report from Oracle. Forbes still has Musk as the richest, however, valuing his private businesses much higher.
Aurimas Sabulis, CEO of Dextall, unveils how AI‑driven prefabricated façades slash design time by 80%, labor by 87%, and accelerate affordable housing delivery.