As we all continue to grapple with the surge in inflation, everyday Americans are feeling the pinch in their wallets. One alarming case has come to light, exposing how companies like Planet Fitness are allegedly taking advantage of the economic situation by engaging in exorbitant price increases. In this investigation, we delve into the details of how a popular gym chain is being accused of price gouging its consumers with a staggering 260% markup on sports drinks.
It has been uncovered that Planet Fitness, a well-known fitness center with millions of members nationwide, has implemented an unprecedented price increase on sports drinks sold at its facilities. A sports drink that can be purchased for $2.50 at various retail stores is allegedly being sold for an astonishing $9.00 at Planet Fitness locations. This jaw-dropping 260% price hike has left many members placing the drinks back in the cooler, questioning the ethics of the gym chain and has raised concerns about the impact of inflation on consumer goods.
Critics argue that this price surge is a glaring example of the economic policies under the Biden administration, commonly referred to as “Bidenomics,” having a tangible impact on everyday Americans’, or a perfect example of corporate greed.