As you're aware, all Shred415 studios temporarily closed starting the week of March 16th in an effort to prevent the spread of COVID-19, and as a result, we had to lay off about 95% of our workforce. Although the effects of the studio closures were devastating to our community, we are encouraged and overwhelmed by your support, and we would like to extend our sincerest thank you to each and every one of you for your support during this time. Whether that is an unfrozen membership, a gift card purchase, a like on Instagram, participating in an online workout or an email sharing your story, all of it is such a help and inspiration when we need it the most.
With your support, we were able to maintain most of our corporate team and our studio managers but at reduced salaries. In the midst of this tragedy, our owners are foregoing any compensation. We feel it's important to note that over the past 9 years, other than annual salaries, our owners have reinvested every dollar back into the growth of this business. We tell you that so you can understand that our top priority is to reopen and provide jobs to our amazing ShredFam.
To help in that regard, we have sent out several requests for support and help over the past few weeks and we wanted to provide you with some additional details about what it all means.
We originally asked for clients to unfreeze memberships or make purchases and your support has been amazing! Those funds are being used to support operational aspects of our business, like payroll for our retained staff, utilities and other business necessities that could not practically be deferred.
After asking for support with unfreezing memberships and additional purchases, we received a lot of responses from people that wanted to help but could not necessarily help in that way. Based on that, we created the Go Fund Me pages. Any funds raised by the Go Fund Me pages will go directly to our employees and instructors that we had to lay off. Your support in this regard has been inspiring and we can't wait to be able to provide some relief to those instructors and staff that make the Shred415 community truly incredible.
We are all going through this together and your support, not just monetary, is appreciated, welcome and needed during this crisis. We thank you again, and in return we will be here with great (virtual) workouts and a supportive community until we can meet on the decks and treads again soon
To prevent the spread of COVID-19 in our communities, we have decided to temporarily close all studios effective immediately.
[UPDATED] To prevent the spread of COVID-19 in our communities, we have decided to temporarily close the following studios effective immediately:
To prevent the spread of COVID-19 in our communities, we have decided to temporarily close the following studios effective immediately:
While our studios are closed, we will suspend all memberships and extend expiration dates on all class packages. You can also find Shred415 online workouts here. We will continue to add additional content and programs so that you can stay healthy and shredded while at home with your loved ones. Please reach out to your local studio management with questions or concerns.
At Shred415, we pride ourselves on being much more than a workout, and in such extraordinary times, we stand by this statement more than ever. We will see you on the decks and treads soon. Thank you for being a part of our community.
We are monitoring current developments and will continue to take appropriate measures to reduce the spread of COVID-19. Below are some additional safety measures we are taking.
We are reducing class capacity. Class sizes will be reduced to 50% but remain 60-minutes long.
Your local studio will communicate with you regarding their class schedule as needed. If you have any questions or concerns, we’re here for you anytime at email@example.com
We are continuing to evaluate our studio practices with the health of our Shredders, Little Shredders, staff and instructors at the heart of our decisions. We're all in this together! Remember that a healthy diet, working out and avoiding stress are the best ways to keep you and your family from getting sick. We're committed to staying healthy together!