LA Fitness, a privately-owned American health club chain, was formed in Southern California in 1984. Throughout the mid-1990s, LA Fitness grew its club portfolio both by acquiring and turning around existing clubs and by developing venues for new construction and then opening and operating them.Know More
In 1995, LA Fitness designed and built a new multipurpose sports and fitness club that became the company’s signature model. This prototypical design started with the strength and cardio equipment, free weights and group exercise room that are found in most fitness centers and added a swimming pool and court sports to expand the available workout options. In 1998, with 12 prototype clubs in Southern California and Arizona completed, the company rapidly increased the rate of new club development and began rolling out the concept to several other geographic regions across the United States. These included the Sun Belt, the Pacific Northwest, the Mid-Atlantic states, the Northeast and the upper Midwest. This expansion involved adding over 180 new clubs to the chain from 2006 to 2009.
LA Fitness has received considerable criticism over its cancellation policies, which require all cancellations to be done via postal mail. Such cancellations are often misplaced and credit cards then continue to be billed. Even in cases when cancellation has been confirmed via return mail, customers have reported that such billing has continued.Learn more about Corporations
The Hupa Indian tribe comes from California; the tribe considers itself one of California's oldest populations, settling long before American pioneers and trappers arrived in Southern California in 1828. The Hupa Indians settled in the Hupa valley, a lush and fertile river valley adjacent to the Trinity River. Although among the earliest permanent settlers, the American government did not formally recognize the Hupa Indian nation until 1876.Full Answer >
Forming a franchise involves developing a business system, creating an operations manual, drafting a franchise agreement and making a marketing plan. The goals are to make the new location independent and to train the franchisee to run it on his own. Creating a franchise takes time, money and legal support.Full Answer >
Target's history dates back to the early 1900s, when its founder George D. Dayton established the company, originally called Dayton Dry Goods Company, in 1902 as a large department store in Minneapolis, Minnesota, according to Target. Originally, Dayton operated Dayton Dry Goods Company in a business partnership, but assumed sole ownership shortly after. Dayton created a store offering consumer goods at affordable prices; his business philosophy of providing affordable products and benefiting surrounding communities remains in place today.Full Answer >
The Smith & Wesson company, founded in 1856 by Horace Smith and Daniel Wesson, produced the world's first cartridge revolver. The company provided arms for every major war from the Civil War onwards, and it was a major supplier to police forces in the 20th century.Full Answer >