Life Time Fitness, Chanhassen, MN, announced that it is exploring a conversion of real estate assets into a real estate investment trust (REIT), paving the way to potentially split Life Time into two companies.
US Fitness Holdings LLC, led by brothers Kirk and John Galiani, announced tonight it has acquired Sport & Health, McLean VA, and has added the company to its portfolio of clubs in Virginia and the Washington, DC, area.
Steve Borghi, owner of Blast Fitness, Auburndale, MA, and another Blast owner were ordered by a superior court judge to pay roughly $3 million in damages to the shareholders of Work Out World (WOW) New England and cannot open competing gyms within 50 miles of WOW New England clubs.
Charles Schumer, the U.S. Senator from New York, wants fitness device and app companies to provide an opportunity for users to opt-out before personal health data can be provided to third parties such as employers and insurance companies.
Rick Brunson, the former NBA player who was arrested in June stemming from an incident with an employee at a Chicago-area Life Time Fitness, was indicted on charges of attempted criminal sexual assault, criminal sexual abuse, aggravated battery and domestic battery.
Preview video: Eric Affeldt, CEO of Club Corp, Dallas, shares his thoughts on the future of luxury clubs, how they are changing, how they compete with low-priced clubs and what other clubs can learn from them....More