September 09, 2010
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Your Fitness Franchise Financial News SourceFranchise News Watch brings you the latest in fitness franchising financial news from around the web. As a news aggregator for the fitness franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Fitness Franchise Financial News
General Nutrition Centers, Inc. Reports Third Quarter 2009 ResultsGeneral Nutrition Centers, Inc. ("GNC" or the "Company"), a leading global specialty retailer of nutritional products, today reported its financial results for the quarter ended September 30, 2009.
General Nutrition Centers, Inc. Reports Second Quarter 2009 ResultsGeneral Nutrition Centers, Inc. ("GNC" or the "Company"), the largest global specialty retailer of nutritional products, today reported its financial results for the quarter ended June 30, 2009.
Max Muscle Sports Nutrition Franchising Draws Record Interest46 consecutive months of same store sales growth has catapulted Anaheim, California-based Max Muscle Sports Nutrition (MMSN) into the spotlight as Americans look to control their own livelihood in the midst of a belt-tightening economy. General Nutrition Centers, Inc. Reports Fourth Quarter and Full Year 2008 ResultsGeneral Nutrition Centers, Inc. ("GNC" or the "Company"), the largest global specialty retailer of nutritional supplements, today reported its financial results for the quarter and year ended December 31, 2008. GNC Schedules Conference Call and Webcast to Report 4th Quarter and Full Year 2008 Financial ResultsGeneral Nutrition Centers, Inc. ("GNC" or the "Company"), announced today that it has scheduled a conference call and webcast to report its financial results for the fourth quarter and full year 2008 on Thursday, March 19, 2009 at 11 a.m. EDT. General Nutrition Centers, Inc. Reports Third Quarter 2008 Financial ResultsGeneral Nutrition Centers, Inc. ("GNC" the "Company" or "we"), the largest global specialty retailer of nutritional supplements, today reported its financial results for the third quarter ended September 30, 2008. GNC Schedules Conference Call and Webcast to Report 3rd Quarter 2008 Financial ResultsGeneral Nutrition Centers, Inc. ("GNC" or the "Company"), announced today that it has scheduled a conference call and webcast to report its financial results for the third quarter of 2008 on Tuesday, November 11, 2008 at 11 a.m. ET.
General Nutrition Centers, Inc. Reports Second Quarter 2008 Financial ResultsGeneral Nutrition Centers, Inc., the largest global specialty retailer of nutritional supplements, today reported its financial results for the second quarter ended June 30, 2008
Snap Fitness Announces Minority Equity Investment by Summit PartnersSnap Fitness, Inc., the rapidly growing franchisor of compact, 24/7 express fitness clubs, today announced it has received a minority equity investment from Summit Partners, a private equity and venture capital firm that has raised more than...
Rapid Fitness, Inc. Announces Its Company Shareholder UpdateRapid Fitness, Inc. (PINKSHEETS: RPDI), announces its company shareholder update. General Nutrition Centers, Inc. Reports First Quarter 2008 Financial ResultsGeneral Nutrition Centers, Inc. ("GNC" or the "Company"), the largest global specialty retailer of nutritional supplements, today reported its financial results for the first quarter ended March 31, 2008. Wellness Franchise Reports Growth for 2008Fitness Together Holdings, Inc. (FTHI) announced today a record number of new franchise sales.
Athletic Republic Franchise Sales Off To A Fast Start In 2008Athletic Republic CEO Charlie Graves said today that interest in Athletic Republic franchise opportunities has never been higher. General Nutrition Centers, Inc. Reports Fourth Quarter and Full Year 2007 ResultsGeneral Nutrition Centers, Inc. ("GNC" or the "Company"), the largest global specialty retailer of nutritional supplements, today reported its financial results for the quarter and year ended Dec. 31, 2007. |
Features & Special ReportsFamily Friendly: A case study on family-run franchisingFamily-run franchise operations can offer a blessing, or a curse. An example of the blessing would be the close relationships and high degree of trust that exists in many families. In this case, success generally follows. But an example of the curse of family-run franchises could be the inability to separate business from family. That could be a serious problem after 5:00 and on weekends. Still, many families find the attraction of working together a strong pull and the results can be quite productive. Families like Ed Doherty's are a perfect example.< Mentor-Motivated: Two Key Individuals have Inspired Jerry HeathTwo people have figured prominently in Jerry Heath's career. The first is his father, who helped bankroll him when he started out in franchising. The second is Steve Jackson, the president of Hungry Howie's Pizza, who began mentoring Heath at an impressionable age (12). Stop the Bleeding: What Franchisors can do to Help Struggling FranchiseesTwo years of tight credit and reduced consumer spending not only have left many franchisees reeling, they've also put a serious crimp in their franchisors' royalty streams. We asked workout professionals and bankruptcy attorneys experienced in franchising what franchisors can do to help turn around their distressed franchisees--without spending precious funds or getting themselves into legal hot water. Franchising With Family Members Can Be Fraught With Danger Or Filled With SuccessIt can be difficult enough to get a franchise up and running on your own, or with other operational and investing partners, but it can be downright arduous if family members are involved in the deal. But that's the route some franchisees take and when done properly this management model can provide years of personal and professional harmony. But there are some secrets to making it work. Go in unprepared and you could break up a business and a family. The Winner's ColumnAs savvy franchise companies continue to flourish in this challenging economy, FUSR will continue to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, and continuing to grow despite the economy - maybe even because of it. And, as the U.S. struggles through its "jobless recovery," growth-oriented franchisors continue to look overseas for expansion opportunities. Sales Intelligence for Superior Performance, Part 2Aggressive growth companies measure the performance of their sales personnel just as they do their advertising. With high recruitment expenses you can't afford mediocre selling performance, which costs dearly in lost franchise deals. A policyholder survey by Prudential Insurance revealed that the greatest influencing factor in the buying process is the sales person. Turning Around Struggling FranchiseesTwo years of tight credit and reduced consumer spending have left many franchisees reeling and put a serious crimp in franchisors' royalty streams. Workout professionals and bankruptcy attorneys experienced in franchising discuss what franchisors can do to help turn around distressed units - without spending scarce funds or getting themselves into legal hot water. New Gift Card Regulations Kicked in August 22ndLast year when President Obama signed the Credit Card Act of 2009 (the Act") into law, the nation's attention largely focused on those provisions of the law that aim to change the way credit card companies do business with consumers. However, since the Act imposes requirements on gift card issuers, it also changed the way many retailers and franchise companies will do business with consumers. Strong Cultures Sell More Franchises!Every franchise organization has a culture, the same way every person has a personality. If your franchise brand is serious about growth and development, ask yourself these two questions: 1) Does our franchise system have a strong, positive culture?; and 2) Is it a culture that promotes selling franchises? Special Operations: Franchising in a Strange LandOpening franchise units in nontraditional locations has been the domain of specialists--but not anymore. With the economy still slumping, lending still tight, and suburban expansion at a standstill, many multi-unit franchisees are exploring the viability of sites such as airports, hotels, colleges, senior centers, highway rest stops, hospitals, and military bases.
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