Health and Fitness Club Industry News: Chains
Sunday, May 31st, 2026
Planet Fitness Ranked #7 In Entrepreneur Magazine’s Franchise 500
Posted: January 16, 2020 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, 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
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, 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
TIMONIUM, 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
BALTIMORE, 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
HAMPTON, 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
HAMPTON, 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
HAMPTON, 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
HAMPTON, 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
HAMPTON, 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
HAMPTON, 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
HAMPTON, 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...
