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Planet Fitness will be raising its classic gym membership monthly price of $10 to $15, the first price hike of its $10 membership Planet Fitness has done in almost 30 years.
Planet Fitness, Inc. is an American franchisor and operator of fitness centers based in Hampton, New Hampshire. [5] The company has around 2,600 clubs, [ 2 ] making it one of the largest fitness club franchises by number of members and locations.
Inlet Square Mall was a single-level, 434,482-square-foot (40,364.7 m 2) regional shopping center located in Garden City, South Carolina, United States.Opened in 1990, the mall originally housed 45 stores and services, but as of December 2023, it only has two major tenants remaining: Belk and Planet Fitness.
Bally Total Fitness acquired Crunch in 2001 for $90 million in cash and stock, [14] holding the brand for four years. In 2005 Angelo, Gordon & Co., a private equity firm, purchased Crunch from Ballys for $45 million, and in 2009 added New Evolution Fitness Company ("NEFC"/New Evolution Ventures), a company founded by Mark Mastrov (founder of 24 hour fitness) and fitness Veteran Jim Rowley, as ...
The three owners extended Gold's Gym to the franchise system and made licensing out deals all over the USA. Gold's Gym was one of the first companies in the health and fitness industry to franchise, starting in 1980. [17] Using the momentum of its fame it sold licenses for products such as fitness equipment and clothing.
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Life Fitness created the first computerized strength training program in 1988. [3] In 1991, Bally Total Fitness sold the company to Mancuso & Company, a private equity firm, for $62.5 million. [4] The same year, Life Fitness expanded into treadmills. Life Fitness was acquired by Brunswick Corporation in June 1997 for $310 million.