Who bought Signature Athletic Club? (Biz Journal)
The buyer in the most recent gym sale involving locally based Wenmat Fitness is a national fitness franchise looking to expand its presence in the Sacramento region. A franchisee for Fitness Evolution bought an approximately 44,000-square-foot center on Fair Oaks Boulevard from Wenmat Fitness, according to Josh Schmidt, the CBRE vice president who represented the seller, Wenmat Fitness owner Gary Wendell, in the deal.
Crash Diet: After Shedding Thousands Of Locations, Can Curves Get Back In Shape? (Forbes)
Once the largest fitness franchise, Curves has been shedding thousands of units and enraging many franchisees. Can the new owners turn it around?