24 Hour Fitness to Open Clubs in ChinaSAN RAMON, CA – Basketball star Yao Ming and 24 Hour Fitness have partnered up to open clubs in Yao’s native China.... New Fitness Center and Spa Enters Denver MarketDENVER – Pura Vida Fitness and Spa will become the anchor tenant of a four-story building in Denver’s Cherry Creek market. The facility will include a 4,000-square foot spa, a street-level café, appointed locker rooms, Kinesis and Pilates studios and group cycling and group exercise classes.... Bally Acting CEO ResignsCHICAGO – Bally Total Fitness Acting CEO Barry Elson announced today that he will step down from his post on May 31.... Two State Attorneys General Target ClubsNATIONWIDE – Fitness clubs have become the target in a lawsuit and a complaint by attorneys general in two states.... Bills Introduced in KS, IN and NYNATIONWIDE—A number of bills were recently introduced in states across the country, according to the International Health, Racquet and Sportsclub Association (IHRSA). The topics of interest were automatic renewal of contracts, automated external defibrillators (AED), and CPR and first aid certifications. ... Judge Orders Bally to Pay Discrimination SettlementFRESNO, CA – A federal judge ordered Bally Total Fitness to pay $24,000 to a Sikh man who sued when the company denied him a job after asking if he was Muslim, the U.S. Equal Employment Opportunity Commission said Wednesday.... Bally Stock to be DelistedCHICAGO – The New York Stock Exchange (NYSE) notified Bally Total Fitness that its common stock will be suspended prior to the market open on May 2 and that the NYSE will formally delist Bally’s stock, the club company announced. ... Gold’s Gym Opens First Club in Columbus, OHCOLUMBUS, OH -- Gold’s Gym recently opened its first facility in Columbus, OH. The 58,000-square-foot club features an indoor swimming pool, a panoramic elevated indoor track, a full-court basketball court, a racquetball court, cardio areas with more than 150 pieces of equipment that include personalized flat-screen televisions, a cardio movie cinema, group exercise classes, a smoothie bar and a pro shop. Another addition is the Fit Factory for children. This section of the club is equipped with a basketball court for children, computer stations, a movie-viewing area with a flat-screen television and a floor-to-ceiling play land. ... The Sports Club Co. Revenue Increases 4 PercentThe Sports Club Co. Inc., Los Angeles, saw a 4.4 percent growth in fourth quarter 2005 revenue and a 4.6 percent revenue growth for the year ended Dec. 31, 2006. ... Fuel Fitness Closes Chattanooga Facility— Manny Butera, who owns Fuel Fitness, closed one of his Chattanooga locations last week. Fuel Fitness filed for Chapter 11 bankruptcy in December, but Butera had kept open all of his Tennessee clubs until last week. He had already closed his Alabama, Colorado and Atlanta ... 24 Hour Fitness to Team with Yankees24 Hour Fitness has signed a 10-year deal with the New York Yankees baseball club. ... Peak Fitness Agrees to Alter Misleading AdsRALEIGH, NC – Peak Fitness, a North Carolina chain that is facing a lawsuit from the state Attorney General’s Office, agreed Wednesday to stop running misleading advertisements and to set aside money to cover future refunds.... Bally May Be Delisted From New York Stock ExchangeCHICAGO -- Bally filed a Securities and Exchange Commission (SEC) Form 8-K on Friday in which the company said its shares may be delisted from the New York Stock Exchange (NYSE) if the company does not submit an acceptable business plan that indicates how it will regain compliance within 18 months.... HFC Has Nearly 20 Percent Fourth Quarter IncreaseHealth Fitness Corp., Minneapolis, experienced a 19.3 percent increase in revenue for the fourth quarter 2006 and a 15.7 percent increase for all of 2006, according to the company, which provides fitness and health management services... IHRSA Opens in San FranSAN FRANCISCO -- The International Health, Racquet and Sportsclub Association (IHRSA) Convention and Trade Show opened yesterday with addresses from boxer Sugar Ray Leonard, Vice Admiral Richard Carmona and former Disney CEO Michael Eisner.... The Sports Club/LA Moves EastThe Sports Club/LA is venturing out of California next year with its first club in Dallas. The new facility will be an 80,000-square-foot, $35 million luxury sports and fitness complex offering more than 30 sports and fitness options under one roof. The club will feature a lobby ... Bally May File for Chapter 11By: Stuart Goldman CHICAGO – Bally Total Fitness may file for Chapter 11 bankruptcy protection if it is unable to restructure its debt, the company announced yesterday.... California Introduces Tax Credit BillSACRAMENTO, CA – A bill that is pending in the California Assembly would give businesses a tax credit to improve the fitness of their employees. The credit would be equal to 10 percent of what businesses spend each year on fitness improvement.... NJ Delays Sales Tax Refund BillTRENTON, NJ – A New Jersey bill that would exempt fitness clubs from a 7 percent sales tax and would give club members a refund for sales tax they’ve paid on memberships has been delayed. A vote on the bill was scheduled for March 8.... NJ Considers Sales Tax Refund BillThe New Jersey General Assembly is considering a bill that would exempt fitness clubs from a 7 percent sales tax and would give club members a refund for sales tax they’ve paid on memberships... Gold’s Gym on Exhibition at Dallas OpeningGold's Gym International unveiled its new Dallas flagship facility with a Grand Opening VIP Party, An Exhibitionist Evening, on Jan. 25. ... East Shore Receives Regional HonorEast Shore Athletic Club, Charleston, SC, was named the seventh fastest growing company in the Charleston region by the Charleston Regional Business ... TSI Posts Increased 2006 RevenueNEW YORK—Revenue was up in the fourth quarter 2006 and for the year for Town Sports International Holdings Inc. (TSI), according to the company’s earnings released yesterday. ... Club Operators Must Report Injuries to OSHAAnytime Fitness Increases to 1,000 FranchisesAnytime Fitness recently opened its 1,000th franchise. The company, which began in 2002, plans to have 2,000 franchises by 2008. ... |
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