Fitness Pros Want More From MooreBy: By Jennipher Shaver NORTH PALM BEACH, FL -- Two fitness professionals are challenging filmmaker Michael Moore to get healthy. Jim Labadie and Ryan Lee recently created an e-mail campaign to raise awareness about the benefits of exercise and its role in preventive care. ... 24 Hour Suit SettledSAN FRANCISCO—This week, the San Francisco Superior Court approved a class action settlement between 24 Hour Fitness and approximately 1.8 million current and former monthly members, according to a joint release from the law firms for both parties.... Life Time Cited by Texas AGDALLAS — The Texas Attorney General has cited Life Time Fitness, Eden Prairie, MN, for unlawfully dumping identifying information of its members—both adults and children—as well as its employees in easily accessible trash bins outside several clubs in Texas.... Bally Files for Chapter 11 BankruptcyCHICAGO – Bally Total Fitness made it official last night: The second-largest revenue-producing club company in the industry filed for Chapter 11 bankruptcy.... Athletic Club Winners AnnouncedSEATTLE -- The North American Association of Club Athletic Directors (NAACAD) recognized several award winners at its annual conference in June at the Atlanta Athletic Club.... Gainesville Health & Fitness Opens New ClubGAINESVILLE, FL -- Joe Cirulli, owner of Gainesville (FL) Health & Fitness Center, has opened a new facility in Tioga, FL. This two-level, interior fit-out is a coed fitness center and serves as a compliment to the original club.... Bally Will File for Chapter 11 BankruptcyCHICAGO — Bally Total Fitness announced Friday that it will file for Chapter 11 bankruptcy. ... 24 Hour Reaches 24 YearsSAN RAMON, CA – 24 Hour Fitness is celebrating the 24th anniversary of its first club opening. ... Celebrity Fitness Trainer Faces Legal Troubles in IndianaINDIANAPOLIS – Tracy Anderson, a fitness trainer to celebrities such as Gwyneth Paltrow and Madonna, is the subject of an investigation in the state of Indiana.... Bally Secures Extensions Through July 31CHICAGO – Bally Total Fitness has secured extensions of existing forbearance arrangements until July 31 from beneficial holders of a majority of its 9 7/8 percent senior subordinated notes due 2007 and its 10 1/2 percent senior notes due 2011 as well as from the lenders under its $284 million senior secured credit facility, the company announced today.... Crunch Names New CEONEW YORK – Tim Miller, who has nearly 20 years experience as a hotel executive, is the new chief executive officer of Crunch Fitness, the club chain announced today.... Titan to Team with Gold’s GymDALLAS – Titan Fitness Holdings announced today that it is in the process of closing on funding that would allow it to become one of the largest franchise owners of Gold’s Gym locations in the United States.... Shareholders Propose New Plan for BallyCHICAGO – Liberation Investment Group, the second-largest shareholder of Bally Total Fitness which last month threatened to sue Bally over its pre-packaged Chapter 11 reorganization plan, has come up with an alternative reorganization plan.... New Jersey Governor Signs Sales Tax Exemption BillTRENTON, NJ – New Jersey Gov. Jon Corzine signed a bill today that would exempt the initiation fees, membership fees and dues charged by nonprofit health and fitness clubs from the state’s 7 percent sales tax. ... FTC Franchise Rule to Take Effect July 1WASHINGTON, DC -- Revisions to the federal Franchise Rule will take effect on July 1, but the changes won’t become mandatory until July 1, 2008, according to the Federal Trade Commission (FTC). The FTC’s Franchise Rule has been in place since 1978 to offer potential franchisees the information they need to weigh the risks and benefits of investment in a franchise. ... Bally Begins Soliciting Approvals for Chapter 11 PlanCHICAGO – Bally Total Fitness announced today that it has commenced the formal process of soliciting approvals for a prepackaged Chapter 11 plan of reorganization from holders of the company’s 10 ½ percent senior notes due 2011 and the 9 7/8 senior subordinated notes due 2007. The voting agent must receive votes on the reorganization plan no later than 4 p.m. EDT on July 27, unless the deadline is extended.... Minnesota Becomes First State to Make PCI Compliance LawMINNEAPOLIS – Minnesota recently became the first state to turn a core requirement of the Payment Card Industry (PCI) Data Security Standard (DSS) into a law for all companies—including fitness clubs—that handle credit and debit card data.... Bally Moves Closer to BankruptcyCHICAGO – Bally Total Fitness announced an agreement today with noteholders that brings the company closer to a Chapter 11 bankruptcy filing, which Bally expects to happen “in the near future,” according to a press release.... Shareholder Threatens to Sue BallyNEW YORK -- It has been an active period for Bally Total Fitness since the company announced on May 31, plans to restructure under Chapter 11 protection. Liberation Investment Group, Bally’s second largest shareholder, threatened to sue the company in a letter sent Wednesday to Bally’s board of directors. In the letter, Liberation says that Bally’s pre-packaged bankruptcy plan was “draconian” because it cancels all existing equity. The company is expected to file for bankruptcy next month.... Equity Firms Eye BallyNEW YORK -- Bally Total Fitness, which announced plans for Chapter 11 restructuring last week, are reportedly being sought after by private-equity firms.... Oklahoma Club Owner Allegedly Sold SteroidsMUSKOGEE, OK – Prosecution witnesses described during a Tuesday hearing undercover drug buys allegedly made during a five-month investigation by a Muskogee, OK, fitness club owner, the Muskogee Phoenix reported.... Nearby Centers, Discount Programs Encourage ParticipationEAGAN, MN – According to a study by Blue Cross and Blue Shield of Minnesota, people who use fitness center discount programs are more likely to live close to a fitness center (63.3 percent of those surveyed live within two miles of a participating fitness center), and nearly half of fitness discount users (43 percent surveyed) say they joined a fitness center because of the discount.... Club One Partners with Silver Creek Sportsplex for New CenterSAN FRANCISCO -- Pre-sale memberships are underway for Club One Inc.’s newest fitness center set to open June 2007. Located in the Silver Creek community just south of San Jose, CA, the 60,000-square-foot fitness club marks Club One’s fifth edition to the South Bay, CA, area. The center will be located in the 200,000 square-foot Silver Creek Sportsplex, a family sports facility featuring in-line hockey rinks, soccer fields, restaurants and retail space. ... Rhode Island AG Dismisses Six Clubs From LawsuitPROVIDENCE, RI – The Rhode Island Attorney General’s office said Thursday that it has dismissed six of the 10 clubs from a lawsuit alleging they failed to properly register with the state, according to a report on the TV news Web site www.turnto10.com.... New York Sports Clubs to Open 50th NYC ClubNEW YORK – New York Sports Clubs (NYSC) will open its Rego Park location June 1 in Queens, NY, the company announced. The club will be the 50th NYSC location in New York City.... |
Ask the Experts
Featured Content
How-to articles to help you improve retention, increase sales, energize your group exercise programming and more.
Insights into what high-level club executives think about their business and industry trends.
News about fitness facilities, club owners, acquisitions, suppliers and more delivered to your in-box three times a month.
Practical Internet strategies to help you build customer relationships, increase revenues and lower costs. Most Popular |
||||||||
