Planet Fitness Inc. - Planet Fitness Expands Global ~ Press News

Setting Off The Lunk Alarm At Planet Fitness--This day has been a bit different, and a bit crazier. Today instead of getting just a normal workout, we have d...At Planet Fitness, we know that the quality of our equipment has an impact on your workout and the results that follow. That's why we make use of the number one fitness equipment brand, Life Fitness. Life Fitness offers the widest range of cardio, strength and group training products.Planet Fitness (PFIP LLC) is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. The company reports that it has 1,742 clubs, making it one of the largest fitness club franchises by number of members and locations.If Is Planet Fitness Open New Year's Day is what you want to know, then read on. The Planet Fitness does close on special occasions like Christmas Eve and New Year's Eve, but only for certain period of time. For example, on Christmas Eve, the Planet Fitness closes around 4 PM and opens only after it is 5 AM the next day.Media in category "Planet Fitness" The following 30 files are in this category, out of 30 total. 1100 Wayne Avenue - Silver Spring, Maryland 03.jpg 4,608 × 3,456; 4.13 MB

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Planet Fitness were a tag team in the Squared Circle Wrestling. Cheech MarcosAt Planet Fitness, we believe your fitness is essential™. Making your overall physical and mental wellness a priority will melt away stress, decrease anxiety, and increase your overall positive energy levels, and you'll feel healthy and strong for the holidays and new year! See what Planet Fitness is all about! Take a Virtual Club Tour!Planet Hollywood International Inc. (stylized as planet hollywood, planet Hollywood observatory and ph) is a themed restaurant chain inspired by the popular portrayal of Hollywood.The company is owned by Earl Enterprises corporation. Earl Enterprises was founded by Robert Earl.. It was launched in New York City on October 22, 1991, with the backing of Hollywood stars Sylvester Stallone, BruceAbout Planet Fitness Founded in 1992 in Dover, N.H., Planet Fitness is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by number of members

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Planet Fitness | Logopedia | Fandom. Games Movies TV Video. Wikis. Explore Wikis; Community Central; Start a Wiki; Search This wiki This wiki All wikis | Sign In Don't have an account? Register Start a WikiWhile fast becoming a national brand name today, when Michael and Marc Grondahl opened their first Planet Fitness location in Dover in 1992, Michael had what he called "an unfathomable" dream of perhaps growing to 100 franchises.25 reviews of Planet Fitness "Simple business model, great people, clean space, variety of machines and additional services! This is not a gym for body builders, buts it's perfect for the average joe that wants to get in shape. I love the 30 Minute Circuit room, 10 Minute Ab room and the cool-down area. Locker rooms are kept clean and are never full.Planet Fitness (PFIP LLC) is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. The company reports that it has 2,039 clubs, making it one of the largest fitness club franchises by number of members and locations. There are locations across the United States as well as in other countries such as Canada, Dominican Republic, Panama, and Mexico.Get high-quality fitness at an affordable price. Planet Fitness offers low startup fees, no-commitment options as well as the PF Black Card ® where you can get ALL. THE. PERKS all in the Judgement Free Zone®.

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PFIP, LLCA Planet Fitness location in Cincinnati, OhioTrade titlePlanet FitnessTypePublicTraded asNYSE: PLNT (Class A)Russell 2000 ComponentIndustryFitnessFounded1992FoundersMichael GrondahlMarc GrondahlChoice of locations2,039[1]Area servedNorth AmericaKey other folksChris Rondeau (CEO)Websitewww.planetfitness.com

Planet Fitness (PFIP LLC) is an American franchisor and operator of fitness centers based totally in Hampton, New Hampshire.[2] The company studies that it has 2,039 golf equipment,[1] making it probably the most largest fitness membership franchises through collection of individuals and locations. There are locations across the United States as well as in different countries comparable to Canada, Dominican Republic, Panama, and Mexico. In 2019 the franchise expanded to Australia.[3] It markets itself as a "Judgment Free Zone" that caters to newbie and casual gym customers and is reported to be the country's quickest rising fitness middle franchise.[4]

History

A Planet Fitness location in Revere, Massachusetts in November 2012 Planet Fitness places within the United States

In 1992, Michael and Marc Grondahl bought a struggling Gold's Gym franchise in Dover, New Hampshire.[5] They closed that unique location, and in 1993 they opened a brand new location named Coastal Fitness. They introduced on a third spouse, current CEO Chris Rondeau,[6] and in 1994 they modified their identify to Planet Fitness.[7]

Michael Grondahl purchased the Planet Fitness trademark from Rick Berks in 2002.[8] Rick Berks had started his own Planet Fitness health club in 1993 in Sunrise, Florida, and ultimately expanded it to three clubs.[9] A former Broward Sheriff's Office detective, he owned and operated a Gold's Gym franchise.[9][10] Berks were catering to the bodybuilding culture in his Gold's Gym. "I made up our minds I didn't wish to maintain that crowd, in order that's once I opened the unique Planet Fitness membership in Sunrise, Florida, in 1993." The title got here from his daughter's school venture, "Fitness Planet."[11] The new model was an effort to provide a fitness hub for on a regular basis folks.[8] Berks later went directly to open the first Youfit Health Club in St. Petersburg, Florida.[12]

Rondeau and the Grondahls identified that there used to be a better opportunity to serve a far greater phase of the inhabitants in the event that they modified the gym atmosphere, both in angle and structure, via making a non-intimidating, low cost fashion.[13] Planet Fitness was known as the "Judgement Free Zone," aimed extra on the moderate consumer than the bodybuilder form of fitness fanatic.[14] They also dramatically diminished costs to compete towards better-known brands.[15] This low-cost industry style focuses on the desires of occasional or first-time gym contributors, quite than extra skilled participants,[4] and depends on many members hardly appearing up.[16] According to a Planet Money episode from 2014, "half of the Planet Fitness members don't ever go to their gyms."[17]

As part of their effort to create a non-intimidating surroundings, Planet Fitness has alienated many serious weight lifters.[18] Some bodybuilders and weight lifters have found the way in which they're portrayed in Planet Fitness TV commercials to be offensive, and the best way they're treated in Planet Fitness gyms to be "quite possibly discriminatory."[18] Planet Fitness has been criticized for prohibiting sure weightlifting exercises–similar to deadlifts and clean-and-jerks–that many mavens consider are extremely efficient.[19] In 2010, Men's Health magazine known as Planet Fitness "the worst gym in America."[19]

As early as March 2015, the "Judgement Free Zone" coverage has been expanded to permit trans women to make use of the women's locker room. The coverage states that "members and guests may use all gym facilities based on their sincere self-reported gender identity."[20]

In 2003, Planet Fitness opened its first franchised location in Florida, with Eric Dore and Shane McGuiness.[14]

In the fall of 2013, TSG Consumer Partners LLC changed into an equity spouse within the Planet Fitness franchise.[21] Michael Grondahl, co-founder of Planet Fitness stepped down as CEO, and was succeeded by means of Chris Rondeau.[22][23] The company went public on August 6, 2015.[24]

In February 2016, the franchise used to be added to the Franchise Times' "Fast and Serious" checklist of top franchises (#1),[13] and in its 2016 score of franchises, Forbes magazine ranked Planet Fitness #4.[25] It ranked in the most sensible 50 of Entrepreneur magazine's Franchise 500 in 2017.[26]

In 2020, the company won criticism for charging its customers for March dues "despite closing its facilities nationwide due to the novel coronavirus pandemic."[27] They mentioned that they had been not able to stop the pre-scheduled payments on short understand, but would no longer charge long run per month dues until they reopen, and would also supply a credit for closed days up to now paid for.[28]

Statistics and international enlargement

The company reports that as of 2019, there are 80 corporate-owned gyms, the rest independently owned and operated.[29]

The membership's two membership levels are and .Ninety nine per month: the per thirty days degree comprises access to aerobic and energy apparatus, limitless crew fitness instruction and pizza and bagels as soon as a month; the .Ninety nine monthly ("Black Card") stage lets in contributors to carry one guest consistent with day at no rate, get right of entry to to all Planet Fitness locations, and get entry to to extra amenities, such as tanning cubicles, massage chairs, purple gentle remedy and water massage beds.[30][26]

In December 2014, Planet Fitness opened its first global location in Toronto, Ontario, Canada. The 2nd Toronto location opened in early 2015.[31][32] In October 2015 the company opened their 2nd world location in Santo Domingo, Dominican Republic.[33]

With the addition of a Planet Fitness outlet in Hawaii in January 2018,[34] Planet Fitness had 1,500 places with an estimated 10 million contributors across 50 states, the District of Columbia, the Dominican Republic, Mexico, and Panama[35] and Canada.[34][29] In 2016, over 90% of Planet Fitness locations have been opened by way of present franchise house owners.[36]

Sponsorships

In October 2011, Planet Fitness reached an settlement with NBC to sponsor the network's reality display, The Biggest Loser beginning with the 2012 season.[37] The contestants at the display worked out on Planet Fitness equipment after which at Planet Fitness gyms near their properties, running with Planet Fitness instructors.[37]

In March 2013, Planet Fitness partnered with 50 Cent to promote his energy drink "Street King".[38]

Since December 2014, Planet Fitness has been the reliable fitness sponsor of Dick Clark's New Year's Rockin' Eve on ABC.[39]

In March 2016, Planet Fitness partnered with STOMP Out Bullying,[40] a countrywide organization devoted to bullying prevention, and the Boys & Girls Clubs of America to release the corporate's nationwide philanthropic initiative, The Judgement Free Generation.[41] Also in 2016, the corporate donated more than 1 million to this system.[42][43][44] Planet Fitness has also equipped mini "Judgement Free Zone" gyms to Boys & Girls Clubs in Manchester, New Hampshire[45] and Pasadena, California.[46]

In October 2017, Planet Fitness and its participants raised 1 million which it donated to the non-profit Boys and Girls Clubs of America.[47]

In January 2020, Planet Fitness partnered with The Biggest Loser, to be the reliable sponsor of the show's 2020 reboot.[48]

References

^ a b .mw-parser-output cite.quotationfont-style:inherit.mw-parser-output .quotation qquotes:"\"""\"""'""'".mw-parser-output .id-lock-free a,.mw-parser-output .citation .cs1-lock-free abackground:linear-gradient(transparent,transparent),url("//upload.wikimedia.org/wikipedia/commons/6/65/Lock-green.svg")correct 0.1em center/9px no-repeat.mw-parser-output .id-lock-limited a,.mw-parser-output .id-lock-registration a,.mw-parser-output .citation .cs1-lock-limited a,.mw-parser-output .citation .cs1-lock-registration abackground:linear-gradient(transparent,transparent),url("//upload.wikimedia.org/wikipedia/commons/d/d6/Lock-gray-alt-2.svg")right 0.1em heart/9px no-repeat.mw-parser-output .id-lock-subscription a,.mw-parser-output .citation .cs1-lock-subscription abackground:linear-gradient(transparent,clear),url("//upload.wikimedia.org/wikipedia/commons/a/aa/Lock-red-alt-2.svg")correct 0.1em middle/9px no-repeat.mw-parser-output .cs1-subscription,.mw-parser-output .cs1-registrationcolour:#555.mw-parser-output .cs1-subscription span,.mw-parser-output .cs1-registration spanborder-bottom:1px dotted;cursor:help.mw-parser-output .cs1-ws-icon abackground:linear-gradient(clear,transparent),url("//upload.wikimedia.org/wikipedia/commons/4/4c/Wikisource-logo.svg")right 0.1em heart/12px no-repeat.mw-parser-output code.cs1-codecolor:inherit;background:inherit;border:none;padding:inherit.mw-parser-output .cs1-hidden-errordisplay:none;font-size:100%.mw-parser-output .cs1-visible-errorfont-size:100%.mw-parser-output .cs1-maintdisplay:none;colour:#33aa33;margin-left:0.3em.mw-parser-output .cs1-formatfont-size:95%.mw-parser-output .cs1-kern-left,.mw-parser-output .cs1-kern-wl-leftpadding-left:0.2em.mw-parser-output .cs1-kern-right,.mw-parser-output .cs1-kern-wl-rightpadding-right:0.2em.mw-parser-output .citation .mw-selflinkfont-weight:inherit"SEC Form 10Q Report, Q1". bamSEC.com. U.S. Securities and Exchange Commission. Retrieved May 20, 2020. ^ Sullivan, Max (November 10, 2016). "Planet Fitness headquarters moving to Hampton". Seacoast on-line.com. GateArea Media. Retrieved May 31, 2017. ^ Hall, Nick. "4 international franchises that landed Down Under in 2019". Inside Franchise Business. Retrieved December 23, 2019. ^ a b Schlossberg, Mallory (December 12, 2015). "The fastest-growing gym in America has memberships and gives out free pizza, bagels, and candy". Business Insider. Retrieved May 31, 2017. ^ Turner, Jeremiah. "Fit for franchising: From first gym in Dover, Planet Fitness building big brand". fosters.com. Retrieved July 1, 2020. ^ "How Planet Fitness Became the Leader in Fitness Franchising - News". www.franchise-info.ca. Retrieved July 2, 2020. ^ "Marc Grondahl of Planet Fitness: How a Lean Business Model Became a Franchise Heavyweight". Business Trends and Insights. Retrieved July 2, 2020. ^ a b Zabonick-Chonko, Rachel (November 11, 2013). "Youfit Health Clubs". Club Solutions Magazine. Retrieved June 28, 2020. ^ a b "YouFit Health Club expanding across South Florida, around nation | The Starting Gate". Miami Herald. Retrieved June 30, 2020. ^ Brochu, Nicole. "No-frills gym offers fitness without flash". Sun-Sentinel.com. Retrieved June 30, 2020. ^ "Meet Youfit's CEO Rick Berks". Youfit Youniverse. February 24, 2016. Retrieved June 29, 2020. ^ "New gym in town hopes it's a good fit". San Diego Union-Tribune. April 19, 2013. Retrieved June 29, 2020. ^ a b EWEN, Beth; KAISER, Tom; UPTON, Nicholas; WEINGARTNER, Nancy (February 23, 2016). "Fast and Serious: FT ranks the smartest-growing brands". FranchiseTimes.com. Franchise Times. ^ a b Taylor, Kate (July 25, 2014). "Franchise Players: We Were Planet Fitness's First Franchisees. Now, We Own 22 Locations". Entrepreneur.com. Entrepreneur Media. Retrieved May 31, 2017. ^ Morrel, Katie (June 13, 2013). "Marc Grondahl of Planet Fitness: How a Lean Business Model Became a Franchise Heavyweight". Open Forum. American Express. Retrieved May 31, 2017. ^ Jakab, Spencer (August 11, 2019). "Planet Fitness Must Come Down to Earth". Wall Street Journal. ISSN 0099-9660. Retrieved April 30, 2020. ^ Swanson, Ana. "What your new gym doesn't want you to know". Washington Post. Retrieved April 30, 2020. ^ a b O'Neil, Luke (May 8, 2011). "Planet Fitness vs. the lunkheads: Why is a health club trying to alienate people who love to work out?". Slate Magazine. Retrieved June 29, 2020. ^ a b Carter, Kiera (December 29, 2010). "The Worst Gym in America?". Men's Health. Retrieved June 29, 2020. ^ Grinberg, Emanuella (March 9, 2015). "Planet Fitness revokes woman's membership after transgender complaint". CNN.com. Cable News Network. Retrieved July 16, 2018. ^ Lawrence, Kelli (August 15, 2013). "A World Of Their Own". Profile Magazine. Retrieved June 8, 2014. ^ "Planet Fitness Has New Investor; Promotes Rondeau To CEO". TSG Consumer Partners. January 17, 2013. ^ "Former Radio Shack CFO Fills Planet Fitness Hole". WSJ.com. News Corp. July 26, 2013. ^ "Planet Fitness goes public, hits mark in first day of trading". Los Angeles Times. August 6, 2015. Retrieved February 19, 2020. ^ Feldman, Amy (June 22, 2016). "Ranking America's Best And Worst Franchises: Which Are The Best Investments?". Forbes. ^ a b "2017 Top Franchises from Entrepreneur's Franchise 500 List". Entrepreneur. ^ Jakab, Spencer (March 23, 2020). "This Gym Chain Has Reason to Sweat". Wall Street Journal. ISSN 0099-9660. Retrieved April 30, 2020. ^ McEnery, Thornton (March 19, 2020). "Planet Fitness members outraged over March bill amid coronavirus closures". New York Post. Retrieved April 30, 2020. ^ a b "SEC Form 10Q Report, Q2". SEC.gov. U.S. Securities and Exchange Commission. Retrieved August 26, 2019. ^ Tom, Lauren (December 24, 2015). "17 January Gym Discounts That Are Too Cheap to Pass Up". cosmopolitan.com. Hearst Corp. ^ "American gym powerhouse chooses Brampton for first suburban Canadian location". ^ Tucker, Rebecca (January 22, 2015). "Cheap 'n' cheerful chinups: Canada welcomes Planet Fitness, the gym for those bad at gym". NationwidePost.com. Postmedia Network Inc. ^ Stromgren, Eric (October 15, 2015). "Planet Fitness Continues International Expansion in Dominican Republic". Club Industry Magazine. Retrieved June 2, 2017. ^ a b Hrushka, Anna (January 4, 2018). "Planet Fitness opens first Hawaii location at Ala Moana Center". Pacific Business News. American City Business Journals. Retrieved March 12, 2018. ^ "Panama to Welcome Planet Fitness". Global Franchise magazine. August 16, 2017. Retrieved March 12, 2018. ^ Rick, Munarriz (April 6, 2017). "10 Million Reasons to Get Pumped About Planet Fitness". Fox Business. News Corp. Retrieved June 2, 2017. ^ a b Goldman, Stuart (October 11, 2011). "Planet Fitness to Sponsor 'The Biggest Loser'". ClubIndustry.com. Penton Media. Retrieved June 2, 2017. ^ "50 Cent and Joan Rivers Kick It At The Gym [PHOTOS]". The Urban Daily. March 28, 2012. Retrieved June 8, 2014. ^ Olenski, Steve (December 22, 2016). "Planet Fitness To Launch New Global Campaign On New Year's Eve". Forbes. Retrieved June 2, 2017. ^ STOMP Out Bullying ^ Share, Susan (March 11, 2016). "The Judgement Free Zone: Judgement Free Generation Video Contest". www.myclubmylife.com. Boys and Girls Clubs of America. ^ Friedman, John (November 9, 2016). "Planet Fitness 'Judgment Free Zones' a Model of Inclusion". Huffington Post. TheHuffingtonPost.com, Inc. ^ Cameron, Courtney (January 2017). "Planet Fitness Anti-Bullying Initiative 1M Success". athleticbusiness.com. Athletic Business LLC. ^ "Planet Fitness Anti-Bullying Initiative 1M Success". thenewsandsentinel.com. The Parkersburg News & Sentinel. January 8, 2017. ^ Feely, Paul (September 9, 2016). "Planet Fitness debuts fitness room for kids at Boys and Girls Club in Manchester". UnionLeader.com. New Hampshire Union Leader. Retrieved June 2, 2017. ^ Pasadena Now, Staff Reports (November 13, 2016). "Planet Fitness Opens Judgement Free Gym at Pasadena Boys and Girls Club". Pasadena Now. PASADENA NOW. LLC. Retrieved June 2, 2017. ^ "Planet Fitness raises 1M for Boys and Girls Clubs of America". Fosters.com. Gatehouse Media Publications. November 28, 2017. Retrieved March 12, 2018. ^ "Planet Fitness named national gym sponsor of 'The Biggest Loser'". seacoastonline.com. Retrieved February 19, 2020.

External hyperlinks

Wikimedia Commons has media related to Planet Fitness.Official web site Twitter Retrieved from "https://en.wikipedia.org/w/index.php?title=Planet_Fitness&oldid=1022721773"