Health and Fitness Club Industry News: Chains
Friday, August 7th, 2026
Town Sports International Holdings Inc. Announces Acquisition of TMPL Gym
Posted: February 28, 2018 in Chains
NEW YORK, N.Y. - Town Sports International Holdings Inc., ("TSI' or the "Company") (Nasdaq: CLUB), a diversified holding company and the largest owner and operator of fitness clubs in the Northeast, announced the acquisition of TMPL. Founded by David Barton, TMPL focuses on the intersection of metabolic science, exercise and nutrition leveraging state of the art technology to drastically change one's body. Read More...
Blink Fitness Announces Agreement for Expansion With Two-time NBA Champion Draymond Green
Posted: February 26, 2018 in Chains
NEW YORK, N.Y. - Blink Fitness and Golden State Warriors forward Draymond Green announced a franchise development deal to bring at least 20 gyms to Michigan and Illinois. This announcement marks the two-time NBA Champion, All Star, Olympic Gold Medalist and Defensive Player of the Year's first investment in the premium-quality, value-based fitness brand as Blink launches its first venture into the Great Lakes region. Read More...
St. Jude, Life Time To Host 3rd Annual Ride For A Reason Event At Life Time Destinations Nationwide On Saturday, March 3
Posted: February 23, 2018 in Chains
CHANHASSEN, MN - As part of ongoing efforts by St. Jude and Life Time to help kids get healthy, more than 100 Life Time destinations across the country will host the third annual Ride for a Reason event on Saturday, March 3. The four-hour cycling relay will benefit St. Jude Children's Research Hospital and the Life Time Foundation. This year more than 7,000 participants and 1,200 teams are expected to participate with a fundraising goal of $1 million. Read More...
Planet Fitness, Inc. Announces Fourth Quarter and Fiscal Year 2017 Results
Posted: February 22, 2018 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) reported financial results for its fourth quarter and fiscal year ended December 31, 2017 and announced full year 2018 outlook. Fiscal Year 2017 Highlights include: Total revenue increased from the prior year by 13.7% to $429.9 million. System-wide same store sales increased 10.2%. Net income was $55.6 million, which includes the net negative impact of approximately $17.2 million related to the remeasurement of the Company's deferred tax assets and tax benefit arrangements due to recent tax reform, compared to $71.2 million in the prior year. Adjusted net income increased 21.8% to $82.3 million, or $0.84 per diluted share, compared to $67.6 million, or $0.69 per diluted share in the prior year. 210 new Planet Fitness stores were opened system-wide during the year, bringing system-wide total stores to 1,518 at December 31, 2017. Read More...
Town Sports International Holdings, Inc. to Acquire Total Woman Gym and Spa
Posted: February 22, 2018 in Chains
JUPITER, FL - Town Sports International Holdings, Inc. ("TSI” or the "Company") (NASDAQ:CLUB) announced that, through its wholly-owned subsidiaries, it has entered into an asset purchase agreement to acquire substantially all of the assets of the Total Woman Gym and Spa business (“Total Woman”). Once consummated, this acquisition will add another women-focused fitness brand to the Company’s growing fitness portfolio. The acquired assets of the California-based Total Woman business include 12 locations which TSI will continue to operate under the Total Woman brand. Read More...
Gold’s Gym Named 2018 Global Franchise Award Winner
Posted: February 21, 2018 in Chains
DALLAS, TX - Gold's Gym has been named a Global Franchise Award Winner for 2018 in the category of Best Health, Beauty and Fitness Franchise. The 2018 Global Franchise Awards, sponsored by Global Franchise Magazine and chosen by a panel of judges of top franchise professionals from around the world, celebrate excellence in international franchising. Winners were selected on criteria including the brand's global intentions, the relationship fostered between franchisor and franchisee, how the brand is marketed and the extent to which a brand has advanced the cause of international franchising. Read More...
Crunch Franchising Named 2018 Best-in-Fitness Category by Franchise Business Review; Opens Newest Locations in Roanoke, Virginia and Ridgeland, Mississippi
Posted: February 20, 2018 in Chains
NEW YORK, N.Y. - Crunch Fitness, the health club brand known for making serious fitness fun through innovative programming and an inclusive atmosphere, was named Best-in-Category in the Fitness sector in Franchise Business Review's list of the top franchises for 2018. Following a year of tremendous growth that pushed Crunch past the 1 million member mark, and into more than 250 locations across 24 U.S. states, Puerto Rico, Canada, Australia and Spain, this independent survey demonstrates the brand's ability to continually offer a market leading health club experience to consumers while providing a rewarding and consistent business experience to franchisees. Read More...
Orangetheory Fitness Members Ready to Work Out for a Cause
Posted: February 12, 2018 in Chains
BOCA RATON, FL - Orangetheory members across the United States and Canada are aiming to raise over $2 million for Augie's Quest to cure ALS, an organization dedicated to finding a cure for amyotrophic lateral sclerosis (ALS). This comes just one year after Orangetheory more than doubled their 2017 fundraising goal, raising over $2.085 million in just two weeks. Funds from the 2018 campaign will help move a promising drug for ALS into human clinical trials. Read More...
Retro Fitness Named Official Fitness Center of New York Yankees
Posted: February 7, 2018 in Chains
COLTS NECK, N.J. - Just in time for the start of baseball season, Retro Fitness is now the Official Fitness Center of the New York Yankees. In this multi-year partnership, Retro Fitness receives logo-usage, player appearances, game tickets and contests to win unique experiences at Yankee Stadium for its members and more. Read More...
Gold’s Gym Resolves to Keep Getting Bigger in 2018
Posted: February 7, 2018 in Chains
DALLAS, TX - According to U.S. News, about 80% of New Year's resolutions fail by the second week of February. But, that's not the case for Gold's Gym Franchising LLC, where business is stronger than ever. The world's most iconic fitness chain will flex its muscle even more in 2018 with plans to expand beyond its 700+ locations in 28 countries around the world. Capping off a strong year of franchise development in 2017, Gold's Gym celebrated 49 new gym openings, including the two largest Gold's Gym locations ever built. Amman, Jordan, and Alexandria, Egypt, each opened new facilities with more than 150,000 square feet. Read More...
