Vista Healthplans to Offer Some Memberships to Employee Groups 

Vista Healthplans will offer free gym memberships to its largest employer groups under a pilot program beginning Jan. 1, according to the managed-care company. ...

Bally Posts Second Quarter Loss 

By: Amy Florence Fischbach

CHICAGO Bally Total Fitness, which has been unable to sell the company, is now focusing on seeking capital and looking for ways to increase financial...

AEDs Save Six at TSI  

Automated external defibrillators (AEDs) have saved six lives at Town Sports International (TSI) clubs since AEDs were installed 18 months ago in all 141 TSI club locations, the company reported. TSI clubs go under the brand names New York Sports Clubs, Boston Sports Clubs, Washington Sports Clubs and Philadelphia Sports Clubs. Employees received training in how to use the AEDs. ...

Bally Posts Second Quarter Loss 

Bally Total Fitness is seeking capital and looking for ways to increase financial flexibility ...

Crunch Opens New Location in Union Square  

Crunch Fitness’s newest location opened Sept. 8 in Union Square in New York. This is Crunch’s 12th club in Manhattan and the first new gym opened since the company was sold to Marc Tascher and Angelo Gordon & Co. in January....

Punk Rock Yoga Hits New York 

Crunch Opens New Location in Union Square 

Bally Posts Second Quarter Loss 

Bally Posts Second Quarter Loss 

CHICAGO—Bally Total Fitness is now focusing on seeking capital and looking for ways to increase financial flexibility. ...

Peak Fitness Announces Future Plans  

Peak Fitness became the largest fitness chain in the Carolinas with the acquisition of the Capital Fitness clubs. The chain is now looking to take the clubs to the next level by upgrading equipment...

Weathering the Storm: One Year Later 

By: Jennipher Shaver

SLIDELL, LA If you asked Dion Grossnickle, general manager of Cross Gates Athletic Club in Slidell, LA, what 10 average people think of New Orleans one...

Are You Keeping in Touch With the Big Picture? 

By: Sandy Coffman

We have definitely spread the word to older adults about the importance of exercise for their future quality of life. The Alliance for Aging Research...

Other Industries Can Help Increase Technology Pace 

By: Gregory Florez

If you've been paying attention, you know that many of the promises of club-based technologies have not worked well or have been slow coming to market....

Balancing Bally 

By: By Amy Florence Fischbach, managing editor

When Bally Total Fitness tabled plans to find a buyer, lowered its cash flow projections by 10 to 20 percent and dismissed Paul Toback, chairman and CEO,...

Bally Signs Confidentiality Agreement with Two Largest Shareholders; Board Member Resigns 

Bally Total Fitness’ two largest shareholders are taking a closer look at the fitness chain after news that the company didn’t receive any suitable proposals for a sale or merger. ...

Sports Club Co. Revenue up 6.8 Percent 

Revenues for Sports Club Co.’s first quarter 2006 increased 6.8 percent to $14.5 million from $13.6 million during the same period last year, the company announced. During the first quarter, the company sold five of its nine sports and fitness clubs to Millennium Partners...

Second Shaq Sport Opens in Florida 

24 Hour Fitness opened a 24 Hour Fitness Shaq Sport last weekend with professional basketball player Shaquille O’Neal on hand. This facility, which is the second in a series of signature clubs opened by the club company and O’Neal...

Bally Ousts CEO Paul Toback 

CHICAGO—Bally Total Fitness, which is no longer for sale, is now searching for a new CEO. Paul Toback, Bally’s chairman and CEO, earned a severance of more than $3.8 million and had 135,000 shares of his restricted stock vested after being ousted on Aug. 11...

Bunker Hill Capital Partners with California Family Fitness  

Bunker Hill Capital, L.P. has made a “significant” investment in California Family Health Inc., which does business as California Family Fitness, an announcement from the two companies said. However, the announcement did not disclose the amount of the investment. California Family Fitness...

Bally CEO Paul Toback Resigns 

CHICAGO—Bally Total Fitness, which is no longer up for sale, is now searching for a new CEO following the ousting of Paul Toback. ...

Bally Board Modifies Employment Agreement with CEO, Approves Bonuses for Committee Members 

Bally CEO Paul Toback, who earned $900,000 in bonuses in 2005, will earn an additional $900,000 if he is terminated without cause before February 2007, according to a document filed with the U.S. Securities and Exchange Commission...

TSI's First Filing Shows Growth in Second Quarter 

By: Pamela Kufahl

NEW YORK In its first filing since going public in June, Town Sports International (TSI) showed an 11.7 percent revenue growth in the second quarter of...

Life Time Sees Financial Growth, Makes a Deal 

By: Pamela Kufahl

EDEN PRAIRIE, MN Life Time Fitness' revenues are climbing along with its health club numbers. In late July, Life Time Fitness of Eden Prairie, MN, released...

Federal Court Dismisses Lawsuit Against Bally 

By: Amy Fischbach

CHICAGO Bally Total Fitness CEO Paul Toback may be breathing a bit easier for now. He, along with John Dwyer, former Bally CFO, executive vice president...

Cooper Life Aims for Healthy Communities 

By: Pamela Kufahl

DALLAS Dr. Kenneth Cooper, founder of the Cooper Institute, is taking health and fitness to the home with a new residential community near Craig Ranch...

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