Health and Fitness Club Industry News: Chains
Friday, March 6th, 2026
Planet Fitness Partners with Dick Vitale and College Basketball Stars to Help Fans Rebound and Recover During Basketball’s Biggest Month
Posted: March 2, 2026 in Chains
HAMPTON, N.H. - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, is helping everyone rebound and recover from the upsets, wins and losses of basketball's biggest month. This season is filled with thrilling moments that captivate fans and push athletes to their limits, but with that excitement comes real physical strain and emotional highs and lows. Read More...
Planet Fitness Announces New Development Agreement In Mexico
Posted: February 17, 2026 in Chains
HAMPTON, N.H. - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announces that it will be expanding its presence in Mexico. The Company has signed a franchise agreement with Impulso Gym to bolster its footprint in northern Mexico, opening new clubs in Tijuana and Mexicali. Currently, Planet Fitness has 47 locations in 14 states across Mexico. Read More...
Planet Fitness Appoints Steve Beard to Board of Directors
Posted: February 9, 2026 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing fitness center operators with more members than any other fitness brand, announces the appointment of Steve Beard, the Chairman and Chief Executive Officer of Covista Inc., formerly Adtalem Global Education Inc., to its Board of Directors, effective immediately. The appointment of Mr. Beard brings Planet Fitness' Board of Directors to nine total directors. Read More...
Planet Fitness Recognized For Exceptional Customer Service
Posted: January 7, 2026 in Chains
HAMPTON, N.H. - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, has been named to USA Today's America's Best Customer Service List for 2026. The annual list, published by USA Today and research partner, Plant-A Insights Group, recognizes companies delivering exceptional customer service that go above and beyond for their customers. Among 750 final companies ranked through a rigorous, independent survey process, Planet Fitness ranked 38th overall and is the highest-ranking fitness brand. Read More...
Planet Fitness Completes Refinancing Transaction; Announces $350 Million Accelerated Share Repurchase Program
Posted: December 15, 2025 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) (together with its subsidiaries, the "Company") announces that it has completed its previously announced refinancing transaction. The Company also announces that it has entered into a $350 million accelerated share repurchase agreement (the "ASR Agreement") with Citibank, N.A. (the "Bank"). The Company will acquire shares under the ASR Agreement as part of its $500 million share repurchase authorization previously announced on June 13, 2024 (the "2024 Share Repurchase Program"). As of December 15, 2025, before giving effect to the ASR Agreement, approximately $350 million remained available for share repurchases pursuant to the 2024 Share Repurchase Program. Read More...
Planet Fitness Kicks Off 2026 as Presenting Sponsor of Times Square’s New Year’s Eve Celebration, Empowering the Nation to Embrace Fitness for All
Posted: December 8, 2025 in Chains
HAMPTON, N.H. - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announces it will return for the eleventh consecutive year as the presenting sponsor of the Times Square's New Year's Eve celebration, in partnership with the Times Square Alliance and One Times Square. Read More...
Planet Fitness Continues Community Support Through Flexing for Good Volunteer Initiative
Posted: November 21, 2025 in Chains
HAMPTON, N.H. - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, is celebrating the end of another successful year of its Flexing for Good volunteer initiative this fall. The annual program unites Planet Fitness team members and franchise partners across the system by giving back to local communities and making a positive impact. Read More...
Planet Fitness Named to Fortune’s 2025 100 Fastest-Growing Companies List
Posted: October 27, 2025 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, has been named to Fortune's 2025 100 Fastest-Growing Companies List. The annual list, published by Fortune magazine, recognizes companies with exceptional growth in revenue, profits and stock performance over a three-year period. Read More...
Planet Fitness Appoints Sarah Powell as General Counsel
Posted: October 20, 2025 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announces the appointment of Sarah Powell as General Counsel, effective November 17, 2025. Ms. Powell will report directly to Chief Executive Officer Colleen Keating. Read More...
IGNITE Fitness Holdings Appoints Joe Pepe, Jr. as Chief Executive Officer
Posted: October 10, 2025 in Chains
MILFORD, CT - IGNITE Fitness Holdings ("IGNITE" or "the Company"), one of the largest developers and operators of fitness clubs under the Planet Fitness brand, announces the appointment of Joe Pepe, Jr. as Chief Executive Officer, effective immediately. Mr. Pepe will also join the Company's Board of Directors. IGNITE currently operates 134 Planet Fitness locations across the U.S. and Canada, with five additional openings planned by the end of 2025. Read More...
Planet Fitness Kicks Off Annual October Fundraiser Celebrating 10 Years of Partnership with Boys & Girls Clubs of America
Posted: October 1, 2025 in Chains
HAMPTON, N.H. - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announces the return of its annual October fundraising campaign to support Boys & Girls Clubs of America. This year's Planet Fitness fundraising campaign marks a transformative decade of empowering youth to build kinder, more inclusive communities with Boys & Girls Clubs of America. Read More...
Grand Fitness Partners Expands to 90 Planet Fitness Clubs with Strategic California Acquisitions
Posted: September 26, 2025 in Chains
CA - Grand Fitness Partners, one of the fastest-growing Planet Fitness franchisees, announces the acquisition of ten new clubs across California, expanding its footprint to 90 total clubs nationwide. The transactions include two clubs in Southern California (Ontario and San Bernardino) from Ontario Fitness, LLC, and eight clubs in the San Francisco Bay Area from Planet Fitness’ corporate club portfolio, which was finalized last month. Read More...
Planet Fitness Awards $250,000 in Scholarships to 50 Boys & Girls Clubs of America Teens for Their Commitment to Promoting Judgement Free Values
Posted: July 15, 2025 in Chains
HAMPTON, N.H. - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announces the recipients of its annual Judgement Free Generation scholarship, which awards teens for their continuous support of promoting inclusion, acceptance and kindness in their communities. Fifty Boys & Girls Clubs high school seniors across the U.S. were awarded $5,000 each toward furthering their education and will join the "JFG Squad," Planet Fitness' network of scholarship winners. Half of this year's Judgement Free Generation scholarship winners represent first-generation college students. Read More...
Planet Fitness Realigns Leadership Team to Drive Growth Initiatives
Posted: February 13, 2025 in Chains
HAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announces it has realigned its leadership team to support the company's strategic imperatives and propel the brand forward. The following appointments will take effect on March 3, 2025... Read More...
Local Planet Fitness Locations Opens Doors to LA County Amid Fires
Posted: January 15, 2025 in Chains
LOS ANGELES, CA - Local Planet Fitness locations are opening their doors to anyone impacted by the LA County fires (residents, first responders, etc.) to use Planet Fitness facilities free of charge (no membership needed). Effective immediately, valid through the end of January. Read More...
