GoodLife Fitness Eyes Target Locations For Growth
Tuesday January 20th, 2015
Posted at 2:00pm
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GoodLife Fitness is looking to grow and the soon-to-be vacated Target locations may provide opportunities for that the company said Tuesday.
“We want to continue growing until every Canadian is able to benefit from using one of our clubs,” said David ‘Patch’ Patchell-Evans, GoodLife Fitness Founder & CEO. “The former Target locations provide spacious and convenient locations that would be an excellent space for people to achieve their fitness goals. When considering a business to take over some of the Target locations, GoodLife is a perfect partner because of our long-term success and our experience with this type of location. In 1999, we acquired 12 of the former Eaton’s stores, and at that time we were a much smaller company and solely based in Ontario, so we are definitely poised for this type of growth. We want our real estate and shopping centre partners to be healthy and successful too, so this would be a positive solution for all.”
GoodLife will have 350 clubs by this Spring and are looking to have 400 by the end of the year.
Target announced on January 15th that they will close all 133 stores in Canada. Liquidation sales are expected to start in February and the stores closed by June.