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Town Sports International Holdings history
Town Sports International Holdings company history timeline
The facility, Uptown Racket Club, opened on October 1976 and included a restaurant and sporting goods store.
In 1977 Town Squash opened a third club in a Manhattan hotel, the Doral Inns Squash Club.
In 1981, Town Squash advertised for a new manager to run the Fifth Avenue club.
In 1985, it became partners in a Brooklyn club, Cobble Hill Racket & Fitness.
1987: The company acquires Swiss clubs.
In 1990, the company added four new clubs, three in New York and one in Washington, D.C. While three were acquisitions of existing businesses, a Manhattan facility located at 151 Reede Street was a greenfield operation that would serve as a model for future clubs.
1996: Tascher's departure leads to management-led buyout.
A year later it acquired the Soundview Fitness Center in Mamaroneck and in 1997 acquired a Club Fit's location in White Plains.
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Town Sports International Holdings competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Planet Fitness | 1992 | $1.2B | 1,616 | 3,102 |
| P.F. Chang's China Bistro | 1993 | $1.2B | 20,000 | 747 |
| The Marcus Corporation | 1935 | $488.1M | 7,500 | 317 |
| Nordstrom | 1901 | $15.0B | 74,000 | 1,472 |
| Rite Aid | 1962 | $24.1B | 50,000 | 9 |
| Snap Fitness | 2003 | $20.0M | 2,615 | 67 |
| Walgreens | 1901 | - | 210,500 | 22,068 |
| Staples | 1986 | $18.2B | 75,000 | 2,236 |
| Bon-Ton | 1898 | $2.7B | 23,300 | 15 |
| Kindred Healthcare | 1985 | $6.0B | 38,300 | 432 |
Town Sports International Holdings history FAQs
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Town Sports International Holdings may also be known as or be related to Town Sports International Holdings, Town Sports International Holdings Inc and Town Sports International, LLC.