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Health and Fitness Club Industry News: Chains

Saturday, February 24th, 2024

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Planet Fitness Ranked Among the Top Franchises in Entrepreneur’s Highly Competitive Franchise 500
Posted: January 18, 2023 in Chains

Planet FitnessHAMPTON, 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 has been recognized as one of the top franchises in Entrepreneur's Franchise 500, the world's first, best and most comprehensive franchise ranking. Read More...

Planet Fitness Announces Key Year-End Metrics
Posted: January 9, 2023 in Chains

Planet FitnessHAMPTON, 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 that as of December 31, 2022, it had approximately 17.0 million members, an increase of 1.8 million members since the end of 2021. Additionally, in 2022, it placed equipment in 154 new franchised locations and opened 158 new Planet Fitness stores including 14 corporate-owned locations, bringing system-wide total stores to 2,410. Read More...

Planet Fitness Germantown Expands with $1.7 Million in Renovations
Posted: December 21, 2022 in Chains

Planet FitnessTIMONIUM, MD - Planet Fitness, one of the nation’s largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announces that its Germantown club recently underwent $1.7 million worth of renovations and was expanded by 2,200 square feet. The now 19,700-square-foot facility features a new PF Black Card Spa area, new strength and cardio equipment including Elevate Core, Rowers, Sci-Fit, Smith Machines and TRX suspension training, as well as updated locker rooms and new entrance way floor tile. Read More...

Planet Fitness Continues its Digital Evolution with New Mobile App
Posted: December 14, 2022 in Chains

Planet FitnessHAMPTON, 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, has launched a redesigned version of the Planet Fitness App, providing an updated digital experience to support current and prospective members through their fitness journeys. With the latest Planet Fitness App release, the company is continuing to invest in its bricks with clicks digital strategy and its mission to get the 80% of consumers without a gym membership off the couch and moving. Read More...

Planet Fitness Appoints Edward Hymes President and Chief Operating Officer
Posted: December 12, 2022 in Chains

Planet FitnessHAMPTON, 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 that Edward Hymes has been appointed President and Chief Operating Officer, reporting directly to Chief Executive Officer, Chris Rondeau. Mr. Hymes will join the brand in January and be responsible for driving both the day-to-day business and longer-term strategic growth of the company. Read More...

Planet Fitness Returns as Presenting Sponsor of Times Square’s Iconic New Year’s Eve Celebration
Posted: December 6, 2022 in Chains

Planet FitnessHAMPTON, 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 again return as the presenting sponsor of Times Square's New Year's Eve Celebration for the eighth consecutive year, in partnership with Times Square Alliance and Countdown Entertainment. Planet Fitness will also be featured on "Dick Clark's New Year's Rockin' Eve with Ryan Seacrest 2023" on Saturday, December 31, beginning at 8/7c on ABC, as well as on the Times Square's 2023 webcast throughout the night. Read More...

Planet Fitness Collaborates With Amazon Halo to Provide People with Tools and Resources to Start and Stick with Their Fitness Journeys
Posted: November 23, 2022 in Chains

Planet FitnessHAMPTON, 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 a collaboration with Amazon Halo to provide more people with the tools and resources they need to achieve their fitness goals, inside the gym and beyond. Read More...

Planet Fitness Announces Plans for the Next Stage of Strategic Growth and Shareholder Value Creation at its 2022 Investor Day
Posted: November 15, 2022 in Chains

Planet FitnessHAMPTON, 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, hosted the company's first-ever Investor Day in New York City. At the inaugural event, Planet Fitness addressed how it is continuing to break down fitness barriers for future generations by building on 30 years of consistent, reliable growth through its disruptive brand and disciplined franchise model. Read More...

John W. Brick Foundation Joins with Planet Fitness Growth Partners to Support the National Center for Healthy Veterans at Valor Farm
Posted: November 10, 2022 in Chains

John W. Brick Mental Health FoundationALTAVISTA, VA - The John W. Brick Mental Health Foundation (JWB) and Planet Fitness Growth Partners LLC (PFGP) have established a partnership with The National Center for Healthy Veterans (NCHV) to support veterans in overcoming post-traumatic stress. NAMI reports that up to 1 in 5 veterans experience PTSD, and the U.S. Department of Veterans Affairs reports that 16 veterans a day die by suicide, but there is reason for hope. The JWB awarded NCHV Valor Farm with a grant of $100,000, while PFGP gifted new equipment for the wellness center. Read More...

Planet Fitness Promotes Company Veteran Jennifer Simmons to Division President, Corporate Clubs; Names Paul Barber Chief Information Officer
Posted: November 3, 2022 in Chains

Planet FitnessHAMPTON, 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, announce that Jennifer Simmons, previously Senior Vice President of Business Strategy and Analytics, has been promoted to Division President, Corporate Clubs, and Paul Barber has been appointed Chief Information Officer, effective immediately. Ms. Simmons will continue to report to Chris Rondeau, Chief Executive Officer, and Mr. Barber will report to Tom Fitzgerald, Chief Financial Officer. Read More...

Planet Fitness To Add Marysville, Washington Location
Posted: October 26, 2022 in Chains

Planet FitnessTIMONIUM, MD - Planet Fitness, one of the nation’s largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announces further expansion in the Evergreen State. The Marysville (Smokey Point) club will be Planet Fitness’ 28th and PFGP’s 12th in the Seattle area. The group’s portfolio includes clubs in Bremerton, Burlington, Downtown Seattle, Everett, Federal Way, Lacey, Mill Creek, North Seattle, Oak Harbor, Olympia and Rainier Beach. Read More...

Planet Fitness to Add Parkland, Florida Location
Posted: October 19, 2022 in Chains

Planet FitnessTIMONIUM, MD - Planet Fitness, one of the nation’s largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announces further expansion in the Sunshine State. A 19,703-square-foot space in Parkland, Florida that is currently a YouFit gym will close October 25. Planet Fitness will completely rebuild and equip the facility, for a total investment of $2.8 million with an anticipated December opening. Read More...

Planet Fitness Motivated 3.5 Million High School Students to Prioritize Their Mental and Physical Health This Summer as Part of the ‘High School Summer Pass’ Initiative
Posted: September 14, 2022 in Chains

Planet FitnessHAMPTON, 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, announced that more than 3.5 million high schoolers signed up for its High School Summer Pass program, logging 17 million workouts over the course of three-and-a-half months. High School Summer Pass took place from May 16 through August 31, during which Planet Fitness opened its doors to high schoolers ages 14 – 19 to work out for free at any of its more than 2,300 locations in the United States and Canada. Read More...

Planet Fitness Opens Gallery Place Location
Posted: September 12, 2022 in Chains

Planet FitnessTIMONIUM, MD - Planet Fitness, one of the nation’s largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, announces the opening of its Gallery Place club in Washington D.C. An official Planet Fitness Gallery Place grand opening celebration is being planned for October 17. Planet Fitness Gallery Place is the first of three DC area clubs that PFGP is bringing to the community. The franchise division currently owns and operates 21 clubs in the DMA, including Ivy City and Penn Branch in the nation’s capital. Overall, there are 48 Planet Fitness clubs throughout the area. Read More...

Planet Fitness Franchise Group, Excel Fitness, Acquires 14 Locations in Virginia and North Carolina From Local Franchisee
Posted: August 25, 2022 in Chains

Planet FitnessVIRGINIA BEACH, VA - Excel Fitness, a franchisee of Planet Fitness, announces its acquisition of 14 Planet Fitness locations in the Hampton Roads region of Eastern Virginia from the KSMA group, owned and operated by husband-and-wife team Ken and Sharree Ryder, their son Michael Barnes and daughter Amanda Williamson. This deal brings Excel's club count to 107 and includes development rights to bring six more locations to the Virginia market over the next five years. Read More...

Planet Fitness Promotes Jamie Medeiros to Chief Brand Officer
Posted: August 9, 2022 in Chains

Planet FitnessHAMPTON, N.H. - Planet Fitness, Inc. (NYSE: PLNT) (the "Company"), announces that Jamie Medeiros, Vice President of National Marketing, has been promoted to Chief Brand Officer. Ms. Medeiros, a 22-year Company veteran, will lead the brand strategy and work collaboratively with agencies and across the organization to ensure the brand vision comes to life through national and local marketing strategy, creative, brand marketing sponsorships and activations, and social media. She will report directly to Chris Rondeau, Chief Executive Officer. Read More...

Planet Fitness Opens Newest Club in Martinsville, Indiana
Posted: July 20, 2022 in Chains

Planet FitnessMARTINSVILLE, IN - 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 grand opening of its newest club in Martinsville, Indiana. Planet Fitness is celebrating the grand opening on Friday, July 29, with a ribbon cutting ceremony with Mayor Kenneth Costin and the Martinsville Chamber of Commerce starting at 3:00 p.m. During the celebration, Planet Fitness will donate $2,500 to the Indy Honor Flights, a local non-profit organization that honors Indiana veterans for their service and sacrifice. Read More...

Planet Fitness Awards $250,000 in Scholarships to 50 Boys & Girls Clubs of America Teens For Their Efforts in Promoting a Kinder and More Inclusive World
Posted: June 29, 2022 in Chains

Planet FitnessHAMPTON, 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 recognize teens for their commitment to promoting kindness and contributing to a more judgement free planet. Fifty deserving Boys & Girls Clubs of America teens were each awarded $5,000, over half (56%) of whom will be first-generation college students. Read More...

Altamont Capital Partners Exits Investment in Excel Fitness, a Leading Planet Fitness Franchisee
Posted: June 13, 2022 in Chains

Planet FitnessPALO ALTO, CA - After six years of partnership with Excel Fitness, Altamont Capital Partners has exited its investment with a sale of the company to Olympus Partners. As part of that transaction, completed last month, Excel's management team and founders, along with Altamont, established a bonus pool that provided every employee at the company, more than 1,500 individuals, with a payment at closing, in recognition of their contributions. Read More...

Planet Fitness Hagerstown Hosts Grand Reopening
Posted: May 17, 2022 in Chains

Planet FitnessHAGERSTOWN, MD - Planet Fitness, one of the nation’s largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, recently celebrated the grand reopening of its Hagerstown club. Planet Fitness Hagerstown originally opened in 2009 and recently underwent over $1 million worth of renovations. Expanded by 4,000 square feet of space, the now 21,250 square-foot club features a new PF Black Card Spa area, new strength and cardio equipment, TRX suspension training, updated locker rooms, new entrance way floor tile and a new front desk. Read More...

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