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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowTwo local Bally Total Fitness locations have closed as part of the parent company’s reorganization under Chapter 11 bankruptcy.
Gyms along U.S. 31 in Greenwood and behind The
Fashion Mall at Keystone in Indianapolis are among 26 locations the California-based company closed nationwide
as it attempts a second bankruptcy reorganization.
The pioneer of fitness clubs, which has been in business more than 40 years, still has about 300
clubs. A third Indianapolis-area location at 5435 W. Pike Plaza Road remains open.
Bally has faced an explosion of competition
in recent years as chains such as California-based LA Fitness and Florida-based Lifestyle Family Fitness
embark on nationwide expansions. Both chains have opened several gyms in the Indianapolis area.
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