24 Hour Fitness Athletes Make U.S. Olympic TeamBy: Pamela Kufahl SAN RAMON, CA The four members of Team 24 Hour Fitness are competing this month in the 2006 Winter Olympics. 24 Hour Fitness, which is the official fitness... Going for the GoldBy: By Jennipher Shaver, associate editor It's not hard to see the silver lining here: the International Health, Racquet and Sportsclub Association's (IHRSA) International Convention and Trade... Governor Seeks Limit on AED LawMassachusetts recently passed legislation requiring health clubs to have at least one automated external defibrillator (AED) on site and train its employees to use the device. The administration of Gov. Mitt Romney, however, is pushing to exempt from the law clubs with fewer than 15 employees because ... Atlanta Welcomes ElementsBy: Pamela Kufahl MIAMI Elements, the South Beach, FL-based fitness and lifestyle brand for women, is opening a showcase club in Alpharetta, GA, an Atlanta suburb, next... Tug of WarBy: By Lawrence Meyers, contributing writer, and Amy Florence Fischbach, managing editor Given the current health craze, one would expect Bally Total Fitness to be the category-killer of the fitness industry. Yet despite sporting 440 clubs,... HFC Acquires HealthCalcBy: Amy Florence Fischbach MINNEAPOLIS After serving as technology partners for a decade, Health Fitness Corp. (HFC) has acquired HealthCalc Network for $6 million. HealthCalc is... Lifestyle Family Fitness Heads NorthBy: Pamela Kufahl ST PETERSBURG, FL In its first foray outside of Florida, Lifestyle Family Fitness acquired eight California Fitness Centers (CalFit) in Columbus, OH,... Bally Postpones Crunch SaleBally Sues Shareholder, Appoints Two New Board MembersCHICAGO –Bally Total Fitness recently filed a federal lawsuit against its second largest shareholder.... Bally Files Financials; Considers Sale or MergerCHICAGO--The wait is now over. After a year-and-a-half quiet period and a deadline extension, Bally Total Fitness released its financial statements for 2004 and the first nine months of 2005. ... 24 Hour Fitness Faces SuitBy: Amy Florence Fischbach SAN FRANCISCO 24 Hour Fitness was recently hit with a class action lawsuit for allegedly engaging in illegal and deceptive billing practices. Jennifer... 24 Hour Fitness Faces SuitClub Memberships Break RecordBy: Amy Florence Fischbach HARTSDALE, NY A record number of Americans are now members of health clubs, according to the Health Club Trend Report from American Sports Data. The number... TSI Moves Ahead with IPOBy: Amy Florence Fischbach NEW YORK Town Sports International Inc. is moving ahead with its initial public offering (IPO), which will make it just the third public club company... Insurance Discount Offered for CertificationsBy: Pamela Kufahl BOSTON The International Health, Racquet and Sportsclub Association (IHRSA) is offering a general liability insurance premium credit for all health clubs... THE CANCER AND EXERCISE CONNECTIONBy: By Pamela Kufahl, editor Julie Main, general manager of Santa Barbara Athletic Club in Santa Barbara, CA, realized first-hand the benefits of exercise in preventing and treating... Life Time Fitness Reports Growth in Third QuarterA Lifetime of Dance and FitnessBy: By Amy Florence Fischbach, managing editor Judi Sheppard Missett knew she would dedicate her life to the joy of dance from the first time she stepped on the stage. But it wasn't until years later... Health Club Chains Target Reality TVBy: Jennipher Shaver and Amy Florence Fischbach CARLSBAD, CA, and CHICAGO Two major health club chains are working with reality television shows to help Americans get in shape. On the The Biggest Loser... Industry Vet Plans Crunch GrowthBy: Amy Florence Fischbach CHICAGO Marc Tascher has big plans for Crunch. So big, in fact, that the upscale brand may eventually reach beyond the U.S. border. Tascher, the co-founder... Jazzercise Implements Joining FeesBy: Amy Florence Fischbach OVERLAND PARK, KS To cover the cost of doing business, Jazzercise is now encouraging franchises to charge a joining fee. The amount charged is up to each... IRS Allows DeductionsBy: Pamela Kufahl WASHINGTON, DC Health club members can now deduct some health club program expenses from their taxes as long as the expenses are not affiliated with membership... Bally Sells Crunch for $45 MillionConsent Extension TimelineJuly 27 When Bally doesn't receive consent from half of its senior and subordinated noteholders, it extends the consent due date to July 28. July 29 Extends... Life Time ShinesBy: Pamela Kufahl EDEN PRAIRIE, MN Since going public more than one year ago, Life Time Fitness has shown continued growth in revenue. That trend didn't stop in the second... |
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