Thursday, August 15, 2019

Planet Fitness finds opportunity in big-box failures

NHBR.com
The increasing failure of big box retailers is contributing to the success of Planet Fitness, which is opening gyms at a record clip, but investors are worried about the fitness franchise’s long-term stamina.

The Hampton-based fitness chain opened up 53 stores in a particularly strong quarter that ended June 30 when it comes to for both revenue and profits, the company announced last week in an earnings release.. . . more