Life Time Fitness
State of the Health Club Industry Looks Bright for Larger Clubs in 2012
The differences in the situation between well-capitalized companies and small club operators may lead some to believe that the industry is heading toward two separate groups: the haves and the have-nots....
Lifestyle Founder Returns to Club Operations
As part of the changes at Lifestyle Family Fitness, which recently agreed to sell its clubs in Ohio, Indiana and North Carolina to Life Time Fitness, Lifestyle Founder Geoff Dyer is getting back into club operations....
Acquisition Activity for Commercial Health Clubs Abounds throughout Industry
The end of 2011 proved active for health club acquisition activity....
Several Health Clubs Face Lawsuits for Sexual Harassment
A number of sexual harassment lawsuits and charges against health club personnel were filed this year. ...
Violence Erupts Outside Health Clubs
An alarming number of incidents of violence took place outside health clubs in 2011....
Life Time Fitness Expands as Lifestyle Exits Markets
As Life Time Fitness grows its portfolio nationally, Lifestyle Family Fitness is drastically cutting back its operations, focusing its efforts instead in its home state of Florida....
Revenues Improve at Public Health Club, Fitness Equipment Companies
Across the board, public club companies and manufacturers saw growth in their revenue this year. ...
Life Time Acquisition of Lifestyle Family Fitness Could Reach Up to Nine Clubs
Life Time Fitness, Chanhassen, MN, has acquired four clubs from Lifestyle Family Fitness, St. Petersburg, FL, which is closing most of its other clubs in Indiana and Ohio. The deal could involve as many as nine clubs....
Life Time Revenue, Net Income Grow in Third Quarter 2011
Life Time Fitness grew revenue by 11.4 percent to $265.4 million in third quarter 2011 compared to $238.3 million in third quarter 2010. Net income for the quarter grew 15.4 percent to $27 million compared to $23.4 million in the corresponding period last year....
Illinois Pools Closed Due to VGB Compliance Issues
Several public pools in Illinois have been forced to close after missing the state’s Oct. 1 deadline for compliance with the federal Virginia Graeme Baker Pool and Spa Safety Act (VGB). ...
Life Time, TSI, Crunch Announce Club Openings
Life Time Fitness, Town Sports International (TSI) and Crunch have each announced new clubs within the past week....
Ex-Life Time Fitness Employee Charged with Two More Counts of Aggravated Sexual Battery
A former Life Time Fitness employee of the company’s club in Collierville, TN, was charged last week with two additional counts of aggravated sexual battery, and local police detectives have obtained surveillance video of one of the alleged incidents....
Larger Health Clubs Seeking Acquisition Possibilities
The major players in the industry either have the cash or are more able to get the credit to grow their companies. The result could mean industry consolidation, likely driven by only those major players....
More Accusations Surface against Ex-Life Time Fitness Employee
A former employee of a Memphis, TN-area Life Time Fitness was arrested again as more accusations have come against the man who was charged with aggravated sexual battery of a 6-year-old girl in the club’s day care center....
Life Time Targets Growth, Expects 2011 Revenue of $1 Billion
Life Time Fitness increased revenue by 11.1 percent in second quarter 2011 and is expected to hit $1 billion in revenue by the end of this year....
