Crunch Franchisee to Open Crunch Gym in Colleyville, Texas
CR Fitness Holdings, LLC will open Crunch Colleyville in Spring 2025. The franchisee has 74 locations in Florida, Georgia, North Carolina, Texas, and Tennessee and plans to expand into Arizona.
Recall: Precor Resolute Cable Multi-Station Exercise Equipment
Precor has received nine reports of the pulley dropping during use, including two minor head injuries. The product was manufactured in China and sold to fitness facilities nationwide from July 2023 through October 2024 for between $3,020 and $3,340.
Golf Datatech Reports Rounds Played in November 2024 Were Up for the Month
U.S. rounds played were up +3.0 percent for the month and up +2.6 percent YTD when compared to November 2023.
Compass Diversified Completes Sale of Ergobaby Business
The parent of the 5.11 Tactical, Boa, Lugano, Primaloft, and Velocity Outdoor subsidiaries has entered into a definitive agreement and completion of the sale of its majority-owned subsidiary, The Ergo Baby Carrier, Inc.
CR Fitness Holdings to Open 74th Crunch Fitness
CR Fitness Holdings LLC, the franchisee of Crunch Fitness, announced plans on January 1 in Lake Worth, FL. The company plans to expand into Arizona and reach 100 clubs by 2026.
Life Time Celebrates End of 2024; Opens Club in Rosement, MN
The 90,000-square-foot club and adjacent 60,000-square-foot outdoor space features a Beach Club and four pickleball courts. The club opened on December 27. It is the company’s 28th location in Minnesota.
SGB Media’s Revised Holiday Publishing Schedule
In observance of the end of year holidays, SGB Media is taking time to be with family and friends and has adjusted its SGB Morning and
SGB Evening Update Newsletter publishing schedules.
South Sound Running Sells Two Stores as Owners Set to Retire
Fleet Feet franchisees Wade and Julie Pannell have acquired the Olympia, WA and Puyallup, WA, South Sound Running stores. They will reopen as Fleet Feet Olympia on January 2 and Fleet Feet Puyallup on January 10, respectively.
Fleet Feet Franchisee Opens First Miami, FL Store
Franchisee and store owner Pablo Martinez, a local entrepreneur from Guatemala, has been a Miami resident for 25 years. The new Fleet Feet store is located in the Country Walk Plaza in Miami, FL.
U.S. Consumer Confidence Shrinks in December Survey; Tariffs Top of Mind
Based on consumers’ short-term outlook for income, business and labor market conditions, the Board’s Expectations Index tumbled 12.6 points to 81.1 for the month, just above the threshold of 80 that usually signals a recession ahead.
Fleet Feet Franchisee Expands Texas Footprint with New Brownsville Store
Hugo and Sandra Gutierrez opened a second Fleet Feet store in Brownsville, TX, expanding on their Fleet Feet store in McAllen, TX. The new store is in the Morrison Crossing Shopping Center.
First Holiday Sales Wrap Up Sees 3.8 Percent Growth for 2024
Preliminary insights reveal that U.S. retail holiday sales, excluding automotive, increased 3.8 percent year-over-year from November 1 through December 24, exceeding the firm’s September forecast of 3.7 percent growth for the holiday sales period.
Bollé Brands Partners with Optician Distributor for Western Europe
Seaport-ODLM will manage the distribution of Bollé, Serengeti and Spy+ products across several key European markets, including Germany, Italy, Austria, France, Spain, and Portugal.
Manna Tree Appoints Managing Director of Human Talent
The a global private equity firm in the health and wellness sector, has appointed former Cotopaxi executive Grace Zuncic as its first managing director of human talent, effective January 2, 2025.
Saks Global Completes Acquisition of Neiman Marcus Group
The company finalized its acquisition of Neiman Marcus Group (NMG) for a total enterprise value of $2.7 billion. Marc Metrick will serve as CEO of Saks Global Operating Group, and Ian Putnam will serve as CEO of Saks Global Properties & Investments.
