Ground RulesBy: By Amy Florence Fischbach, contributing writer When Ed Steele received a letter from his utility company notifying him of a 38 percent hike in electricity prices, he was glad he had already found one... Small IHRSA Study Shows Positive Results for First Quarter 2008BOSTON -- Despite a slowing economy, a recently conducted survey of 18 leading U.S. health and sports club companies shows that financial performance improved for the first quarter ending March 31, compared to the same period last year.... NautilusBallyLife Time Surging During Tough Economic TimesBy: By Stuart Goldman, managing editor CHANHASSEN, MN -- Despite the continued struggles of the economy that has affected most of the club industry, Life Time Fitness continues to experience steady growth, reflected in the second-quarter results that the company announced today.... IDEA Survey Finds Fitness Facilities Focusing More on CommunitySAN DIEGO -- Fitness facility owners are focusing on building communities for their members, according to results from the IDEA Fitness Programs and Equipment Survey. The 13th annual survey also finds that although new pieces of equipment and group exercise formats are popular in clubs, the old standbys are holding strong in popularity, too. ... 24 Hour Fitness24 Hour Sues Bally Over CEO HiringBy: By Stuart Goldman, managing editor CHICAGO -- 24 Hour Fitness, San Ramon, CA, has filed a lawsuit against Bally Total Fitness, Chicago, accusing Bally of illegally hiring new CEO Michael Sheehan away from 24 Hour to gain access to trade secrets. The lawsuit was filed Monday in the U.S. District Court for the Northern District of Illinois.... Planet Fitness Puts World Gym Up for SaleBy: By Stuart Goldman, managing editor DOVER, NH -- It appears the World has become too much to handle for one Planet. Planet Fitness, which two years ago bought World Gym for around $10 million, is putting World Gym up for sale, Planet Fitness CEO Mike Grondahl confirmed Tuesday.... Arkansas Fitness Trainer Convicted of RapeFAYETTEVILLE, AR -- A fitness trainer was convicted Wednesday of rape and was sentenced to a total of 45 years in prison, according to the Northwest Arkansas Times.... Life Time Fitness Triathlon Set for SaturdayCHANHASSEN, MN -- The Life Time Fitness Triathlon will be held Saturday in Minneapolis and will include 11 triathletes who have qualified for next month’s Summer Olympics in Beijing. The event marks the start of the 2008 Life Time Fitness Triathlon Series Race to the Toyota Cup, which offers a $1.45 million purse.... Weighing the Pros, Cons Of 24-Hour Key-Card ClubsBy: Karen Woodard-Chavez The 24-hour fitness center is one of the fastest-growing fitness franchises, billing itself as an alternative to oversized and overpriced health clubs.... Using Softer Lighting in Clubs Can Be a Bright IdeaBy: Bruce Carter Have you noticed that sometimes you seem to look better than other times? Perhaps you look younger, healthier or thinner. How can you look better in a... Top 100: Peak PerformersBy: By Pamela Kufahl, editor Most people would probably shout from the mountain top when they finally reach the pinnacle. However, in the fitness industry, shouting about your achievements... Net ProfitsThe introduction begins quietly as the letters T-H-E appear on the computer screen, as though they are drawn by a paint brush. Then the music kicks in... For Seniors, It's Time to Get Serious About HumorBy: Sandy Coffman About nine years ago, we made a big deal about the health club industry entering the new millennium. We talked about the challenges of new technology... Hands OnBy: By Jennipher Shaver, senior associate editor When people come into the spa at Old Palm Golf Club's fitness center in Palm Beach Gardens, FL, it's most likely that they're coming in for a massage.... The Call to Ready, Set, ActionBy: Pamela Kufahl, editor I've long held the belief that people will only make exercise a daily part of their lives when they are ready. Offers of low monthly membership rates... Clubs at the TopClubs at The Top This issue contains the Top 100 clubs list, an interesting look at who is moving up in the industry and who may be moving down. This... Mastrov Approves of Bally's Hiring of Former 24 Hour COOBy: Stuart Goldman Chicago When Bally Total Fitness announced last month that it had appointed 24 Hour Fitness Chief Operating Officer Michael Sheehan as its new chief executive... Life Time Announces Financing For Corporate HQ, Kansas ClubBy: Stuart Goldman Chanhassen, Mn Last month, Life Time Fitness received some capital to help with its growth strategy. The company announced a new $34 million credit facility... Crunch Hires New PresidentBy: Pamela Kufahl New York A former restaurant company executive is getting a crash course in fitness as the new president and chief financial officer of Crunch. The New... In BRIEFHealth and fitness industry sales and marketing professional Eddie Tock has launched a new company, Eddie Tock Health Club Sales and Marketing Consulting.... Washed AwayBy: By Stuart Goldman, managing editor, and Jennipher Shaver, senior associate editor The extent of the damage caused by flooding in Iowa this summer won't be known for several weeks, perhaps even months. The rising waters from the Cedar,... Pennsylvania Club Settles with AG OfficeYORK, PA -- The owners of Leader Health and Fitness, which abruptly closed June 9, reached a settlement with the Pennsylvania Office of the Attorney General to send club and pool members refund checks. The office expects to send out the checks later this summer, according to The York Daily Record.... |
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