Another year will soon be behind us, and what a year it’s been. Economic turmoil, tepid consumer spending, layoffs, wary lenders, clubs closing, club owners delaying purchasing. And that doesn’t even include whatever the year held for you personally....More
The health club industry has made a definitive push in the low-price arena, highlighted by new Crunch franchise clubs on the West Coast and Equinox-branded Blink clubs on the East Coast....More
CHANHASSEN, MN -- Life Time Fitness CEO Bahram Akradi admitted during his company’s third quarter earnings call in October that the lengthy lagging economy has driven his will to succeed....More
NEW YORK -- Bob Giardina is looking to the future for good news. The past year and a half haven’t offered much of that for Town Sports International (TSI), New York. The company hasn’t posted a revenue increase since first quarter 2009, and that increase was just 0.3 percent....More
As club owners and operators, we spend an inordinate amount of time and money troubleshooting, brainstorming and researching the best ways to keep our members engaged, exercising in our clubs and continuing to pay their membership dues year after year....More
OVERLAND PARK, KS -- Golfers Phil Mickelson and Camilo Villegas say it helped improve their swing. Several NFL players use it to improve their flexibility and help them recover from injury more quickly. And soccer star David Beckham says it gives him the core strength he needs to, well, bend it like Beckham....More
From the looks of the third quarter financial reports of three fitness equipment manufacturers, one might be tempted to say that things are looking up. However, at least one of the company’s executives was cautious about reading too much into the numbers....More
The first Baby Boomers have now turned 65 years old, marking the beginning of a shift that, according to Department of Health and Human Services statistics, will see the number of older people rise to 19 percent of the United States population over the next 20 years....More
Discussions about club design rarely address the impact of building codes. This is understandable: code compliance is not, in and of itself, a competitive differentiator....More
