Health and Fitness Club Industry News: Chains
Tuesday, August 4th, 2026
Life Time Announces Third Quarter Fiscal 2021 Financial Results
Posted: October 28, 2021 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time" or the "Company") (NYSE: LTH) announced its financial results for the fiscal third quarter ended September 30, 2021. Third Quarter 2021 Results and Prior Year Comparisons: Total revenue increased 66.7% to $385.0 million from $231.0 million. Comparable center sales increased 58.7%. Center memberships increased 16.7% to 668,310 as of September 30, 2021, from 572,811 as of September 30, 2020. Net loss improved to $(45.4) million from $(93.6) million and included tax-effected expenses of $3.2 million related to share-based compensation and $2.0 million primarily related to non-recurring losses incurred on a sale-leaseback of one of our centers. Adjusted EBITDA increased to $47.0 million from $(12.4) million. Read More...
Crunch Franchise Announces Newest Location in Arlington, Texas
Posted: October 27, 2021 in Chains
ARLINGTON, TX - Crunch Franchise has announced the upcoming December 2021 opening of Crunch Arlington, a 40,000-square-foot fitness facility, with state-of-the-art equipment and amenities in Tarrant County. Crunch Arlington will be located in a large retail plaza within a renovated space that was formerly occupied by the Stein Mart. Crunch Arlington is owned by SONO Capital Partners, who combined have 100+ years of experience in the fitness club industry. Read More...
TG The Gym Arizona to Celebrate Grand Opening November 6
Posted: October 26, 2021 in Chains
MESA, AZ - TG The Gym Mesa, Arizona will celebrate it’s grand opening on Saturday, November 6, 2021. The legendary Charles Glass “Godfather of Bodybuilding” and top IFBB pros Pete Ciccone, Mark Robinson, Brenna Martinez, Rob Fletcher and many others will be in attendance. Continuing to serve their community of bodybuilders, powerlifters and serious fitness enthusiasts, TG The Gym Arizona will feature over 40,000 square feet of indoor gym space, lap pool, saunas, private training studio, private spin studio, cardio theater room and converting the basketball court to a huge functional training room. Plus, all the hard core equipment TG has been known for over the past 36 years. Read More...
Planet Fitness Selects Huge as Digital Agency of Record
Posted: October 21, 2021 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, announceds it has selected Huge, a global experience agency, as its new digital agency of record following a strategic competitive review. Planet Fitness will partner with Huge to accelerate the company's digital strategy and support the continuous evolution of its mobile app, website and in-club digital experience, with a focus on strategy, customer satisfaction and creative design within these digital channels. Read More...
EoS Fitness Raises Over $100,000 for Challenged Athletes Foundation
Posted: October 21, 2021 in Chains
CARLSBAD, CA - Doubling down on its commitment to inclusivity and accessibility through a new long-term partnership with the Challenged Athletes Foundation (CAF), EoS Fitness presented the nonprofit with a check for $106,878.01 after fundraising across its 60+ gyms in support of CAF and the inspiring athletes it supports during the month of September. Read More...
ClubCorp Acquires National Golf Club of Kansas City and “the Deuce”
Posted: October 21, 2021 in Chains
KANSAS CITY, MO - ClubCorp officials announced it has acquired and will now own and operate the National Golf Club of Kansas City and the adjacent club, "the Deuce," building on the traditions established by the Illig and Patterson families while bringing ClubCorp’s unique ClubLife lifestyle experiences to the members both on and off the National Club’s legendary fairways. Read More...
Blink Fitness Launches “Step Out of the Blahs and Into a Blink” Campaign to Help Members Reset
Posted: October 18, 2021 in Chains
NEW YORK, N.Y. - Since the beginning of the pandemic, Blink Fitness has been on a mission to help alleviate the pandemic's impact on its members and overall community. Now, Blink is inviting the community to "Step Out of the Blahs and Into a Blink" to re-energize and reconnect with their physical and mental health, especially amidst the feeling of "languishing" that members and the broader community have reported experiencing. Read More...
National Fitness Partners Reaches Major Milestone with 100th Planet Fitness Club Opening and Acquisition of Seven New Clubs Across East Coast
Posted: October 14, 2021 in Chains
CAMP HILL, PA - National Fitness Partners (NFP), a portfolio company of Argonne Capital Group, LLC (Argonne), the Atlanta-based private investment firm, announces a major achievement as the company prepares to celebrate its 100th Planet Fitness club opening this November and its recent acquisition of seven new club locations, expanding the group’s footprint along the East Coast. Read More...
Life Time Announces Closing of $702 Million Initial Public Offering
Posted: October 13, 2021 in Chains
CHANHASSEN, MN - Life Time Group Holdings, Inc. ("Life Time") (NYSE: LTH) announces the closing of its initial public offering of 39,000,000 shares of its common stock at a public offering price of $18.00 per share, resulting in total gross proceeds of $702,000,000 before deducting the underwriting discounts and other offering expenses. The shares of Life Time's common stock began trading on The New York Stock Exchange under the symbol "LTH" on October 7, 2021. Read More...
Paul Rothbard Returns to In-Shape as CEO
Posted: October 13, 2021 in Chains
STOCKTON, CA - In-Shape Health Clubs, one of California’s top destinations for fitness and recreation, announced its majority shareholder and previous CEO, Paul Rothbard, has returned to the company. Having led the company for years prior to stepping up to the Board of Directors, Mr. Rothbard is excited to return to the business with fresh eyes and new experiences from his pursuits outside the industry. Read More...
