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Health and Fitness Club Industry News: Chains

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Snap Fitness and Landon Cassill Team Up For Coke Zero 400
Posted: July 5, 2015 in Chains

DAYTONA BEACH, FL - After making a huge splash during the Coca-Cola 600, Snap Fitness had its American flag collage filled with thousands of club owners, personal trainers and members featured on Landon Cassill’s No 40 car in the Coke Zero 400 Sunday, July 5. Read More...

Maryland Athletic Club At Harbor East Acquired By Wellbridge
Posted: July 3, 2015 in Chains

BALTIMORE, MD - The Maryland Athletic Club & Wellness Center (MAC), which operates three health and wellness facilities in Baltimore County and Baltimore City, announced the sale of their downtown Baltimore facility, the MAC at Harbor East to Wellbridge, a Denver-based company that operates a family of 19 premium athletic and tennis clubs across the country. The transition was effective July 1st. Read More...

Gold’s Gym, Xsport Fitness and Planet Fitness Top J.D. Power 2015 Health and Fitness Center Satisfaction Report
Posted: July 2, 2015 in Chains

WESTLAKE VILLAGE, CA - Gold’s Gym ranks highest in customer satisfaction among national health and fitness centers, according to the J.D. Power 2015 Health and Fitness Center Satisfaction Report. The inaugural report measures customer satisfaction with health and fitness centers by examining seven factors (in alphabetical order): cleanliness; equipment condition; helpfulness of the staff; price; safety; variety of classes; and variety of equipment and amenities in the facility. Satisfaction is measured on a 1,000-point scale. Read More...

Life Time Expands Presence in Toronto Area with Opening of Life Time Athletic Ajax on June 30
Posted: June 25, 2015 in Chains

CHANHASSEN, MN & AJAX, ONT - Advancing its commitment to improve the health of communities, Life Time – The Healthy Way of Life Company announced the opening of its newest destination, Life Time Athletic Ajax, located at 100 Beck Crescent. A ribbon cutting and preview celebration with Town of Ajax Mayor Steve Parish was held at 6:00PM, Thursday, June 25 for Founder’s Members and media. Life Time opened for all members on Tuesday, June 30 at 4:00AM. Read More...

Planet Fitness IPO News Roundup
Posted: June 23, 2015 in Chains

NEWINGTON, N.H. - The Newington, New Hampshire-based company that coined the term, the "Judgement Free Zone," Planet Fitness, has filed for an IPO. Being among several fitness-based companies to do so this year, it has caused a flurry of activity and speculation in the markets and media covering the story. Here's a roundup of some of those stories... Read More...

The Bay Club Company Acquires Santana Row Location
Posted: June 22, 2015 in Chains

SAN FRANCISCO, CA - The Bay Club Company, a California-based active lifestyle corporation, announced the addition of a 36,000 square-foot club in Santana Row, Silicon Valley’s premier shopping, dining, living and working destination. The new property rounds out The Bay Club Silicon Valley campus to include three locations: Bay Club Cupertino, Bay Club Santa Clara, and now, Bay Club Santana Row. Read More...

ACAC Introduces Edge, A New Fitness Studio Concept
Posted: June 18, 2015 in Chains

RICHMOND, VA - ACAC Fitness & Wellness Centers are pleased to introduce EDGE, a new fitness studio concept. The 11,500 square-foot studio will offer unique training experiences, including sports performance programs designed by Mike Curtis, Division One Collegiate Strength and Conditioning Coach and former head strength coach of the NBA’s Memphis Grizzlies; high-intensity, boutique-style cycling classes; and specialized yoga programs, such as hot Vinyasa, Yin Yoga and aerial yoga. Read More...

Town Sports International Holdings, Inc. Announces Departure of Chief Executive Officer
Posted: June 18, 2015 in Chains

NEW YORK, N.Y. - Town Sports International Holdings, Inc. ("TSI" or the "Company") (NASDAQ:CLUB), one of the leading owners and operators of health clubs located primarily in major cities from Washington, DC north through New England, operating under the brand names "New York Sports Clubs," "Boston Sports Clubs," "Washington Sports Clubs", "Philadelphia Sports Clubs" and "BFX Studio," today announced that the Company's President and Chief Executive Officer Dan Gallagher is leaving the Company, effective June 19, 2015. Read More...

Planet Fitness Opens 1,000th Club
Posted: June 10, 2015 in Chains

NEWINGTON, NH - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the United States, announced the opening of its 1,000th club in Washington, DC. In honor of this significant milestone, Planet Fitness welcomed people nationwide to join the celebration, as all 1,000 Planet Fitness locations in the United States and Canada opened their doors on June 11 for a “Free Day of Fitness,” allowing anyone to experience a free, non-intimidating workout with no commitment. Read More...

Life Time Fitness Announces Completion of Acquisition by Affiliates of Leonard Green & Partners and TPG
Posted: June 10, 2015 in Chains

CHANHASSEN, MN - Life Time Fitness, Inc., The Healthy Way of Life Company, announced the completion of its acquisition by an investor group led by affiliates of Leonard Green & Partners and TPG. The execution of a definitive merger agreement outlining the terms of the transaction was initially announced on March 16, 2015. Other key investors include LNK Partners and Life Time Chairman, President and Chief Executive Officer, Bahram Akradi. Read More...

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