Planet Fitness — page 10

January typically brings a surge in fitness and health resolutions, with gyms bustling with new members and those recommitting.

Crunch Fitness has appointed Chequan Lewis as president of its high-value, low-price (HVLP) fitness empire, while its CEO of franchising, Ben Midgley, will transition to Crunch’s board of directors.

Planet Fitness is stepping up its advertising game. The “Judgment Free” gym franchise announced the launch of its PF Media Network.

Children’s enrichment centers provide hands-on, interactive and entertaining programs specially designed to spark interest in subjects such as science, technology, engineering and math (STEM); arts and crafts; coding; and cooking.

Genesis Health Clubs acquires The Atlantic Club in New Jersey.

Squeeze Massage franchise offers affordable luxury in 2024 with $17 billion annual industry revenue.

Planet Fitness CEO Craig Benson discusses franchise strategy and price increase plans

An Army vet has achieved his dream of owning a gym with a Workout Anytime franchise, which offers 24/7 access to fitness equipment.

PureGym, a U.K.-based brand and the second-largest fitness operator in Europe, is planning to expand its high-value, low-price (HVLP) fitness franchise within the U.S.

Franchises come in many shapes and sizes, but the biggest names and most intricate concepts may carry a premium.

10 franchise concepts are profitable in 2023, including food trucks and pet services.

Planet Fitness is winning over consumers as the low-price, high-value fitness franchise nears 20 million members, according to its year-end operational metrics.

The franchise industry is expected to be attractive in 2024, with opportunities for growth and expansion.

Fresh off the Times Square stage following the first performance of 2024, rapper Megan Thee Stallion is collaborating with popular low-price, high-value fitness franchise Planet Fitness for a new campaign and exclusive, co-branded merchandise.

Franchise brands promoting fitness, mental health, and healthy eating are likely to gain attention in the new year, according to Forbes.

Planet Fitness continues to win big with Gen Z, with the gym franchise owning the eighth spot and being the only fitness brand named on a top ten list of leading companies that young consumers are eyeing with their purchasing power.

Uni K Wax, a natural waxing solution, was acquired by Exaltare Capital Management and Heather Elrod, former CEO of Amazing Lash Studio.

This article is a newsletter with highlights from Bill Edwards’ Global Business Newsletter, covering international franchise development and global employment issues.

There has been a surge of interest in a new class of “GLP-1” medications for diabetes and weight loss, and the drugs’ popularity could greatly benefit the fitness industry, especially high-volume, low-price (HVLP) gyms like Planet Fitness.

Planet Fitness stock surges on 13.6% Q3 revenue jump to $277.6 million

Planet Fitness CEO Chris Rondeau faces allegations of toxic culture

Chris Rondeau, who resigned as CEO of Planet Fitness last week in a stunning move, was reportedly “seriously blinded” by the board’s decision to request that he step down.

Planet Fitness announces a leadership transition with Craig Benson appointed as Interim Chief Executive Officer, effective immediately.

Chris Rondeau exits as Planet Fitness CEO, replaced by Craig Benson.