Final rep: VI Fitness shuts down, Nanaimo loses third gym in 2 weeks
NANAIMO — The sudden closure of VI Fitness Centres signals the latest development in the rapidly changing local gym landscape.
Two Nanaimo locations are among eight on Vancouver Island that greeted gym goers with closed signs Wednesday morning, after the company filed for bankruptcy.
“Effective immediately the bankruptcy of the company automatically terminates all employees. At this time, there are no intentions to continue to operate,” stated a message outside Nanaimo’s Wellington Rd. location.
The company stated on its website its business model was no longer sustainable due to an increasingly competitive landscape and can no longer operate at a loss. Staff and members were reportedly notified of the closure at the same time via email.



