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For the first time in company history, Life Time Fitness, Chanhassen, MN, hit the $1 billion mark in total revenue.
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Town Sports International (TSI), New York, had slight increases in fourth quarter 2011 and year-end revenue, and the company eyes growth over the next three years.
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Despite battling a $66 million judgment against it for most of 2011, Cybex International, Medway, MA, ended the year with a 14 percent increase in sales, the company announced. Net sales improved from $123 million in 2010 to $140.1 million in 2011.
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The Jewish Community Center (JCC) of Greater Monmouth County, Deal, NJ, remains open despite financial difficulties that resulted in its filing for bankruptcy on Dec 5.
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Former California Gov. Arnold Schwarzenegger and the late Jack LaLanne headline the inaugural class of the International Sports Hall of Fame.
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Max Fitness is opening a 20,000-square-foot club this month in Fort Wayne, IN, with a grand opening ceremony planned for April. The multimillion-dollar investment will mark Max Fitness' largest entrance into a new market.
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Regular attendees of the International Health, Racquet and Sportsclub Association (IHRSA) conference will have a new destination to look forward to next month. The IHRSA show, held the last several years in either San Francisco or San Diego, is making its home this year in the new Los Angeles Convention Center (South Hall).
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The smartphone revolution is upon us. People carry their mobile phone with them everywhere and use it for everything. Jon Butts shares how you can adapt your business's marketing strategy to take advantage of this revolution.
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Last week, we saw encouraging fourth quarter and year-end financial results from club companies Town Sports International and Life Time Fitness as well as manufacturer Cybex International. That means the recession is over and we can go back to where we were five years ago, right? Think again.
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Movements to end childhood obesity ranging from government initiatives to tailoring fitness centers for children have appeared in headlines, but the all-too-common side effects get overlooked.
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YogaWorks is launching a new Pilates Teacher Training Program beginning this spring. Attendees can attend the six-part program to learn the theory of Pilates, train in all levels and all forms and become a certified Pilates instructor upon completion. Following the YogaWorks' curriculum, program participants must also complete a series of written and practical tests, and are required to complete 330 hours of apprenticeship that includes observation, self-practice, practice teaching and apprentice teaching. Currently, YogaWorks offers nine full-service Pilates studios in 23 of its locations, with the first teacher training program beginning on March 9 at YogaWorks in Westlake, CA.
Miami-based BalanceDiet, which is part of the elements brand, has acquired Results Weight Loss and 1800-WEIGHT LOSS. The acquisition adds 16 locations to the international weight-loss brand. Results Weight Loss, Naples, FL, has locations spanning the West Coast of Florida. Many of the executive team members from Results Weight Loss have been offered positions at BalanceDiet. BalanceDiet plans expansions and renovations at the former Results Weight Loss locations as part of a grand-reopening campaign. BalanceDiet also will introduce club locations in Tampa, Naples and Miami by the end of the year. BalanceDiet has new locations opening this year in New York, Atlanta, Los Angeles and Boston. With 22 open U.S. locations, as well as 11 franchised locations, the company expects to be operating 40 ground locations by the end of the year.
Cuts in the Missouri state budget have caused administrators at some Missouri university rec centers to curtail spending. Missouri Gov. Jay Nixon announced last week a $106 million cut to higher education for the 2013 fiscal year budget, which is a 12.5 percent cut. For Missouri State University in Springfield, MO, the cuts translate into $10 million lost for next year, which led the university to push back completion of its $30 million, 100,000-square-foot Bill R. Foster and Family Recreation Center to spring or summer 2012, several months beyond its original deadline of fall 2011. Also in response to the cuts, Northwest Missouri State University in Maryville, MO, will close its Foster Aquatic Center within the next 90 days, which will allow completion of swimming lessons, lifeguard training and student employment terms.
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Global Wellcare and Health Club Experts joined forces to provide Global MD Now and NACA Health Insurance products for members. Global Wellcare is a division of Global Corporate Alliance, which provides global benefits emphasizing health care to member-based organizations and individuals. Global MD Now is a nationwide network of medical physicians available for phone consultations 24 hours a day, seven days a week from anywhere in the world. Paul Bosley, executive vice president of Health Club Experts, says in a news release: "We are pleased to be teaming up with Global WellCare as we believe there are many individuals in our industry that would benefit from the Global WellCare offerings. By combining these two powerful products, we can offer our membership the best options for the price in this ever-changing world of health care."
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We appreciate readers' comments and discussions on our Facebook, Twitter and LinkedIn pages and online stories. Take a look at what people in the fitness business community are saying and join the conversation.
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