Make us your home page
Instagram

Lifestyle Family Fitness files layoff notice with state

St. Petersburg-based Lifestyle Family Fitness filed a notice Thursday that it will lay off 94 employees between Aug. 16 and Dec. 31.

The news comes three days after LA Fitness, one of the nation's largest fitness chains, said it would purchase the 33 Lifestyle locations in Florida for an undisclosed amount.

Lifestyle filed a Worker Adjustment and Retraining Notification with the Florida Department of Economic Opportunity, which is required for mass layoffs.

Officials from LA Fitness and Lifestyle did not return repeated calls for comment from the Tampa Bay Times nor did the companies make announcements about the sale on their respective websites or through social media.

It is still not clear what the sale will mean for its members and prices.

The first Lifestyle opened in Lakeland in 1982, and there are now locations across Tampa Bay. Completing the deal would wipe out the Lifestyle name at popular clubs in Tampa's Hyde Park and Carrollwood.

The purchase is the latest in LA Fitness' efforts to grow its Florida market. Last year, the chain acquired 171 Bally Total Fitness clubs in 16 states for $153 million, according to the Los Angeles Times, paying about $900,000 for each club.

In 2010, Club Industry, a trade publication, ranked LA Fitness the No. 2 fitness chain in the country, based on estimated revenue of $1 billion that year. Lifestyle was 10th on that list with $102 million. The nation's No. 1 gym, 24 Hour Fitness, made $1.3 billion.

Lifestyle Family Fitness files layoff notice with state 06/21/12 [Last modified: Thursday, June 21, 2012 8:29pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Pinellas construction licensing board needs to be fixed. But how?

    Local Government

    LARGO –– Everyone agrees that the Pinellas County Construction Licensing Board needs to be reformed. But no one agrees on how to do it.

    Rodney Fischer, former executive director of the Pinellas County Construction Licensing Board Rodney, at a February meeting. His management of the agency was criticized by an inspector general's report. [SCOTT KEELER   |   Times]

  2. New owners take over downtown St. Petersburg's Hofbräuhaus

    Retail

    ST. PETERSBURG — The downtown German beer-hall Hofbräuhaus St. Petersburg has been bought by a partnership led by former Checkers Drive-In Restaurants president Keith Sirois.

    The Hofbrauhaus, St. Petersburg, located in the former historic Tramor Cafeteria, St. Petersburg, is under new ownership.
[SCOTT KEELER  |  TIMES]

  3. Boho Hunter will target fashions in Hyde Park

    Business

    Boho Hunter, a boutique based in Miami's Wynwood District, will expand into Tampa with its very first franchise.

    Palma Canaria bags will be among the featured items at Boho Hunter when it opens in October. Photo courtesy of Boho Hunter.
  4. Gallery now bringing useful art to Hyde Park customers

    Business

    HYDE PARK — In 1998, Mike and Sue Shapiro opened a gallery in St. Petersburg along Central Ave., with a majority of the space dedicated to Sue's clay studio.

     As Sue Shapiro continued to work on her pottery in St. Petersburg, her retail space grew and her studio shrunk. Now Shapiro's is bringing wares like these to Hyde Park Village. Photo courtesy of Shapiro's.
  5. Appointments at Raymond James Bank and Saint Leo University highlight this week's Tampa Bay business Movers & Shakers

    Business

    Banking

    Raymond James Bank has hired Grace Jackson to serve as executive vice president and chief operating officer. Jackson will oversee all of Raymond James Bank's operational business elements, risk management and strategic planning functions. Kackson joins Raymond James Bank after senior …

    Raymond James Bank has hired Grace Jackson to serve as executive vice president and chief operating officer. [Company handout]