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TowneBank News

The 3 Biggest Discount Gyms in America

Discount gyms charging as little as $10 a month are exploding in popularity, and these three chains are leading the way.

Chipotle, Dunkin' Should Watch Out for These Smaller Rivals

Some ambitious upstarts were on display this week at the International Franchise Expo.

Lucille Roberts Flexes Franchises

Lucille Roberts, the 43-year-old women's only fitness club, is looking to expand through franchising.

5 Best Franchise Opportunities for 2013

Health and wellness, personal services and service-based businesses are among the hottest industries.

5 Fitness Franchises Getting Buff

Fitness franchises are hitting their stride, including these five giving traditional gyms a run for their money.

Breaking News

Gap Stock Slumps On Wider Q1 Loss, Grim Profit Outlook As Shoppers Shun Casual Apparel

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

Big Lots Stock Crumbles After Surprise Q1 Loss As Inflation, Gas Price Surge Bites Spending

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.