Club Insider

Health and Fitness Club Industry News: Chains

Saturday, March 28th, 2020

Older Stories | Back to Club Insider Online

Planet Fitness Provides Update on COVID-19
Posted: March 18, 2020 in Chains

Planet FitnessHAMPTON, 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, has announced updates to its business operations. In response to the evolving COVID-19 pandemic, and with the majority of stores system-wide temporarily closed as March 17, Planet Fitness has made the decision to close the remainder of its corporate stores through March 31st and is strongly urging its franchisees to do the same. The Company will reevaluate the timing of reopening on an ongoing basis. Planet Fitness has recently enhanced the functionality of its mobile app to include access to fitness content and over 500 exercises for in-home workouts. The company is encouraging members to utilize this amenity during this time of social distancing. Read More...

Planet Fitness Appoints Enshalla Anderson to Board of Directors
Posted: February 3, 2020 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the United States with more members than any other fitness brand, has announced the appointment of Enshalla Anderson to its Board of Directors, effective immediately. Additionally, the Company has announced internal senior leadership appointments focused on strengthening its leadership team to support its accelerating growth. Read More...

Planet Fitness Will Once Again be the National Gym Sponsor of USA Network’s “The Biggest Loser”
Posted: January 24, 2020 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc., one of the largest and fastest-growing global franchisors and operators of fitness centers with more members than any other fitness brand, announced it is the official national gym partner of the reboot of the popular TV series, 'The Biggest Loser.' A revamped version of the original hit series, 'The Biggest Loser,' will provide 12 contestants with a 360-degree view of what it takes to make positive lifestyle changes. Contestants will then prepare for each week's challenge in 'The Biggest Loser' gym that is completely equipped by Planet Fitness. Read More...

Planet Fitness Ranked #7 In Entrepreneur Magazine’s Franchise 500
Posted: January 16, 2020 in Chains

Planet FitnessHAMPTON, 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, has announced it has been ranked number seven in Entrepreneur Magazine's Franchise 500, the world's first, best and most comprehensive franchise ranking, for its outstanding performance in areas including unit growth, financial strength and stability, and brand power. Read More...

Planet Fitness Reaches 2,000th Location Milestone
Posted: January 7, 2020 in Chains

Planet FitnessHAMPTON, 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, announced that it has opened its 2,000th location in Colorado Springs, Colorado on December 31st, 2019. The Company also opened its 2,001st location on December 31, 2019, bringing its 2019 total openings to a record 261. Read More...

Justin Drummond Named COO of PF Growth Partners
Posted: December 26, 2019 in Chains

Planet FitnessTIMONIUM, MD - PF Growth Partners, LLC, an award-winning franchise division of Planet Fitness, has promoted Justin S. Drummond to Chief Operating Officer. Drummond joined PF Growth Partners in February 2010 as General Manager of the Planet Fitness club in Catonsville, Maryland. As regional manager, he later facilitated the opening of the 1,000th Planet Fitness club, located in Washington, DC. He has advanced to manage operations in the Maryland, District of Columbia and Florida markets, served as interim COO from March 2019 to December 2019 and earned the distinction of being PF Growth Partners’ longest-tenured employee. Read More...

PF Growth Partners Making International Debut
Posted: December 19, 2019 in Chains

Planet FitnessBALTIMORE, MD - PF Growth Partners, LLC, an award-winning franchise division of Planet Fitness, is going global. The Timonium, Maryland-based company is one of three partners in Bravo Fit Holdings Pty Ltd. that recently entered into an area development agreement with Planet Fitness to bring a minimum of 35 Planet Fitness clubs to Australia over the next several years. Its other associates in the venture are U.S. franchisee, Bravo Fit, LLC, and Galactic Fitness Pty, which is owned and operated by leading Australian fitness operator, Dallas Rosekelly. Read More...

Planet Fitness Returns As Presenting Sponsor of Times Square’s Iconic New Year’s Eve Celebration
Posted: December 18, 2019 in Chains

A Planet Fitness New Year's EveHAMPTON, N.H. - Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone, has announced that it will again play host to the biggest party on the planet on New Year's Eve. In partnership with Times Square Alliance and Countdown Entertainment, the Judgement Free Zone is returning as the presenting sponsor of Times Square's New Year's Eve celebration for the fifth consecutive year. Read More...

Planet Fitness Strengthens Management Team with the Addition of Tom Fitzgerald as Chief Financial Officer
Posted: December 10, 2019 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., has announced that Tom Fitzgerald has been appointed Chief Financial Officer. Officially joining the Company in early January, Fitzgerald will be responsible for all aspects of financial strategy and management. He will report directly to Chris Rondeau, Chief Executive Officer of Planet Fitness. Fitzgerald will succeed Dorvin Lively who has served as Planet Fitness’ Chief Financial Officer since July 2013, and was promoted to Chief Financial Officer and President in April 2017. Read More...

Planet Fitness Prices $550 Million Securitized Financing
Posted: November 20, 2019 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) (together with its subsidiaries, the "Company") announced that it has priced $550 million of Series 2019-1 Class A-2 Fixed Rate Senior Secured Notes (the "Class A-2 Notes"), with an anticipated repayment term of ten years and a fixed interest rate of 3.858% per annum, payable quarterly. The Class A-2 Notes are expected to be issued by Planet Fitness Master Issuer LLC (the "Master Issuer"), a limited-purpose, bankruptcy remote, indirect subsidiary of Planet Fitness, Inc. in a privately placed securitization transaction. Read More...

Planet Fitness Names Jeremy Tucker Chief Marketing Officer; Expands Global Footprint to Australia
Posted: November 8, 2019 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S., has announced that Jeremy Tucker has been appointed Chief Marketing Officer. Tucker will be responsible for overseeing the Company's national and local marketing, branding, creative development and media, digital and social media, brand partnerships and sponsorships, communications and corporate social responsibility. He will report directly to Chris Rondeau, Chief Executive Officer of Planet Fitness. Planet Fitness has also has announced the company's international expansion to Australia. The country's first official Judgement Free Zones are located in Tuggerah and Gosford in the Central Coast of New South Wales, and a location in Casula is expected to open in 2020. Read More...

Planet Fitness Invites Veterans and Active Military Personnel to “Work Out And Relax” For Free November 8 – 15
Posted: November 4, 2019 in Chains

Planet FitnessHAMPTON, N.H. - In honor of Veterans Day, Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone, invites all veterans and active military personnel to work out for free at any of Planet Fitness' more than 1,800 clubs throughout the United States from November 8 – 15. Read More...

Planet Fitness Reaches $5 Million Fundraising Milestone Benefitting Boys & Girls Clubs of America
Posted: October 23, 2019 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone, announced that together with its franchisees, partners and members, it has raised more than $5 million since 2016 for its nonprofit partner, Boys & Girls Clubs of America. This fundraising effort is made possible through Planet Fitness' philanthropic initiative, The Judgement Free Generation, which aims to prevent bullying and promote kindness among youth. Read More...

Planet Fitness And Pacer’s National Bullying Prevention Center Team Up On ‘Students With Solutions’ Nationwide Contest, Empowering Today’s Youth To Promote Kindness And Prevent Bullying
Posted: October 15, 2019 in Chains

Planet FitnessHAMPTON, N.H. - As part of its continued commitment to prevent bullying and promote kindness among today's youth, and in honor of National Bullying Prevention Month, Planet Fitness, Inc. is teaming up with PACER's National Bullying Prevention Center, the nation's leading nonprofit bullying prevention organization, to launch Students with Solutions. The contest invites classrooms across the country to share ideas that can help prevent bullying and is now open for entries through December 31. Read More...

Planet Fitness Announces 2019 Franchise Awards
Posted: September 23, 2019 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone, has announced the winners of its 2019 Franchise Awards. Honorees were selected from various categories that contribute to Planet Fitness’ overall system-wide success. The 2019 Planet Fitness Franchise Awards were given to the following... Read More...

National Fitness Partners Grows North Carolina Territory, Acquires 12 Clubs from Planet Fitness Franchisee
Posted: September 18, 2019 in Chains

Planet FitnessCAMP HILL, PA; CHARLOTTE, N.C. and ATLANTA, GA - Argonne Capital Group, LLC ("Argonne Capital" or "Argonne") has announced that its portfolio company, National Fitness Partners ("NFP" or the "Company"), entered into a definitive agreement to acquire 12 Planet Fitness clubs operating in the Triad North Carolina area (Winston-Salem, Greensboro, High Point) from GNT Triad, LLC ("GNT"). The transaction is expected to close within the next thirty days. This acquisition continues to add to the footprint of the Company, which will now operate 71 clubs in Pennsylvania, Delaware, North Carolina and South Carolina. NFP's headquarters is in Camp Hill, PA, but the Company also maintains an office in Charlotte which will support the newly acquired clubs. Read More...

More Than 900,000 Teens Logged Nearly 5.5 Million Workouts At Planet Fitness This Summer During Its ‘Teen Summer Challenge’
Posted: September 5, 2019 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc., one of the largest and fastest-growing franchisors and operators of fitness centers in the U.S. and home of the Judgement Free Zone, announced that more than 900,000 teens signed up for its national Teen Summer Challenge initiative, logging nearly 5.5 million workouts over the course of three-and-a-half months. The Teen Summer Challenge took place from May 15 through September 1, during which Planet Fitness opened its doors to high school teenagers ages 15 – 18 to work out for free at any of its more than 1,800 locations in the United States and Canada. Read More...

Planet Fitness Named to Fortune’s 2019 100 Fastest-Growing Companies List
Posted: August 22, 2019 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT), one of the largest and fastest-growing franchisors and operators of fitness centers in the United States and home of the Judgement Free Zone, has announced it has been named to Fortune Magazine's 2019 100 Fastest-Growing Companies list, ranking 58 among the world's top three-year performers in revenues, profits and stock returns. Planet Fitness recently announced its 50th consecutive quarter of positive same store sales, ending the second quarter with 1,859 stores system-wide. The company has more than 14 million members and expects to open between 250 and 260 new locations system-wide in 2019, a record for the brand. Read More...

Planet Fitness to open “Judgement Free” Club in Mesa
Posted: August 19, 2019 in Chains

Planet FitnessMESA, AZ - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the United States and home of the Judgement Free Zone, announced it will open its third location in Mesa, AZ in the fall of 2019. The 18,000 square foot Mesa Planet Fitness will offer state of the art cardio machines and strength equipment, 30-Minute Express Circuit, fully equipped locker rooms with day lockers and showers, numerous flat screen televisions, HydroMassage loungers, massage chairs, tanning beds, a Total Body Enhancement booth and more. Read More...

Planet Fitness to Open “Judgement Free” Club in Picayune, Mississippi
Posted: July 24, 2019 in Chains

Planet FitnessPICAYUNE, MS - Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers in the United States, and home of the Judgement Free Zone®, today announced it will open its first location in Picayune, Mississippi in the fall of 2019. The 13,000 square foot Picayune Planet Fitness will offer state of the art cardio machines and strength equipment, 30-Minute Express Circuit, fully equipped locker rooms with day lockers and showers, numerous flat screen televisions, HydroMassage loungers, massage chairs, tanning beds, a Total Body Enhancement booth and more. Read More...

Older Stories | Back to Club Insider Online