Nasdaq “Why Investors Should Consider Fitness” by Andrew Alfano

https://www.nasdaq.com/articles/why-investors-should-consider-fitness

“Fitness, specifically the high value, low price sector, has not only survived but rather thrived during times of economic uncertainty. People have shown a willingness to cut back on other expenses while still willing to invest in their health and wellness. We have proof of this from the 2008 recession, which was one of the peak membership periods for gyms, and we are seeing this again coming out of the pandemic.”

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Retro Fitness’ Project LIFT highlighted by Black Enterprise

“Retro Fitness’ Project LIFT Plans To Open 500 New Health Clubs in Black and Brown Communities”

“Project LIFT is Retro Fitness’ north star, creating a company with a purpose,” Andrew Alfano, CEO of Retro Fitness, told BLACK ENTERPRISE in an email statement.

https://news.yahoo.com/retro-fitness-project-lift-plans-193511094.html?guccounter=1

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Retro Fitness Embarks on Transformation to Become a World-Class Franchisor. Andrew Alfano/Club Industry

“In May 2019 when Andrew Alfano was hired as CEO at Retro Fitness, he was tasked with transforming the brand, and driving future growth and expansion. Little did he know then that his effort to do so in his first year would be capped by a global pandemic that would require even greater transformation for the high-volume, low-price brand, which Alfano refers to as high-value, low-price (HVLP).”

https://www.clubindustry.com/leadership-management/retro-fitness-embarks-transformation-become-world-class-franchisor

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Retro Fitness Opens New Headquarters in West Palm Beach, Florida

WEST PALM BEACH, Fla., April 27, 2021 /PRNewswire/ — Retro Fitness, the leader in high-value, low price fitness, has opened its new corporate headquarters and support center at 1601 Belvedere Rd., West Palm Beach, Florida. The new location was a strategic relocation for the brand amid its 15th year anniversary, prompted by Retro Fitness’ continued national growth and expansion.

Photo credit Retro Fitness
Photo credit Retro Fitness

Retro Fitness worked hand-in-hand with leading architectural firm, Nichols/Page Design Association Inc., to open its new 13,000 sq. ft. support center in the heart of West Palm Beach, generating hundreds of new jobs and opportunities in the surrounding markets. The new state of the art facility and support center has a modern, industrial-chic layout, Retro Fitness branding and a collaborative workspace environment that features:

  • ABC Financial Learning Lab to support initial and ongoing franchisee/investor training and development
  • Podcast Studio to support its focus on mental health, nutrition and education
  • Zen den inclusive of massage chair for its corporate employees
  • Full smoothie bar like you find in Retro Fitness Health Clubs

Additional photography available here

“Recognizing Retro Fitness was at an inflection point, part of our transformation was a strategic relocation that complimented the growth opportunity in front of us,” said Andrew Alfano, CEO of Retro Fitness. “Since then, the world has completely changed amid the pandemic, and our new support center has been our haven as we navigated the new normal, growing our member joins, club locations and investor interest exponentially. We are excited to draw upon the energy of the communities throughout Florida and support Governor DeSantis’ focus that public health is more than just beating a virus.”

“I welcome Retro Fitness to West Palm Beach,” said Governor Ron DeSantis. “Despite the fact that focusing on health and wellness would have done a lot of good in face of the pandemic, the fitness industry was unfortunately one of the main targets of shutdowns in other states. I am excited Retro has made their move to the free state of Florida, and I wish them all the success.”

For more information on Retro Fitness, please visit RetroFitness.com and follow @retrofitness on FacebookInstagramTwitterYouTube and LinkedIn.

About Retro Fitness:
Celebrating its 15 year anniversary, Retro Fitness is a leading national fitness franchise with more than 120 gyms open or in development across the country. With a new executive leadership team led by former Starbucks Senior Executive Andrew Alfano, Retro Fitness provides investors and franchisees with a full suite of world-class support services including real estate site selection, construction, training, marketing and operations support all to deliver a simple turnkey and operational solution. 

For more information on being a Retro Fitness franchisee, please visit http://www.retrofitness.com/franchising.

Media Contact:

5W Public Relations 
RetroFitness@5wpr.com 
212-999-5585

SOURCE Retro Fitness

Related Links

http://retrofitness.com

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Retro Fitness CEO on easing Covid restrictions

Andrew Alfano, CEO of Retro Fitness, joins Worldwide Exchange to discuss the process of reopening gyms in New Jersey and across the country.

https://www.cnbc.com/video/2021/03/19/retro-fitness-ceo-on-easing-covid-restrictions.html

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Retro Fitness CEO Live on Varney (Fox Business’ Varney & Co.)

Hard charging Stuart Varney believes the fitness industry is shrinking. With 71.6% of America overweight or obese, our CEO Andrew Alfrano laid out why we are not shrinking, how we are growing and how Retro Fitness and the fitness industry has a great opportunity to help get America Healthy.

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Retro Fitness CEO on New York’s Imposed Gym Curfews (Cheddar)

As coronavirus cases continue to spike across the country, local officials are taking swift steps to curb the spread. In New York, Governor Andrew Cuomo now mandating that indoor restaurants, bars and gyms must close at 10 P.M. for the foreseeable future. Andrew Alfano, CEO of Retro Fitness, joined Wake Up With Cheddar to discuss how this will impact his fitness centers.

Click here to watch the interview.

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Gyms Fight To Stay Open As Coronavirus Cases Surge (CNBC’s “Power Lunch”)

New York state has announced new Covid-19 restrictions including an earlier closure of gyms. Andrew Alfano, Retro Fitness CEO, joins ‘Power Lunch’ to discuss why he says gyms should be part of the solution.

Click here to watch the interview.

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Gyms should have been in phase one in reopening plan: Retro Fitness CEO (Fox Business’ Varney & Co.)

Retro Fitness CEO Andrew Alfano says gym demand continues to be strong, even with added safety precautions such as wearing a mask while exercising.

Click here to see the interview with Fox Business.

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FOX Business Interviews Retro Fitness CEO

Hard charging Stuart Varney, Fox Business believes the fitness industry is shrinking. With 71.6% of America overweight or obese, I laid out why we are not shrinking, how we are growing and how Retro Fitness and the fitness industry has a great opportunity to help get America Healthy. Exercise is medicine and being fit and healthy is the best vaccine you can have…so here we grow!!!

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