From the edition of September 16, 2026 Warm, curious, carefully sourced takes on the day's most interesting stories. Translate
Money and Tech · Related read

After a Marketing Pivot, Planet Fitness Is Betting on Beginners Again

The Judgment Free Zone spent 2026 chasing fitter members, and it cost the brand the exact people who made it huge. Now it is reversing course.

A wide, welcoming gym entrance with an open doorway and a blank rectangular sign above it, a row of small blank membership tags hanging from a rack just inside, and a single pickleball paddle leaning against the doorframe in warm morning light.
A gym's whole value can be a door that feels safe to walk through. Illustration: Joyful Take.

For a long time, Planet Fitness was the friendliest room in American fitness: a gym built on a judgment-free promise and a ten-dollar monthly price that said you belong here. I have been following the company's rough year, and one thread keeps standing out: the thing that made it beloved was the thing it briefly forgot.

The brand built itself on the gym-timid, the beginner, the person who had been made to feel unwelcome somewhere shinier. Its famous promise was no judgment, and its price meant almost anyone could walk in. That positioning was never a weakness. It was the whole business.

In 2026 the company shifted its marketing toward people who were already fit. The reasoning was not crazy: chase a more fitness-minded crowd, sell them a pricier membership. The result was a miss. Chief executive Colleen Keating later acknowledged that the new marketing landed with fitness-minded people but not with the beginners and casual members who are the company's actual core. The company conceded its marketing had drifted too far from the beginner.

The consequences showed up fast. Planet Fitness added roughly seven hundred thousand net new members in the first quarter of 2026, down from about a million a year earlier, during the make-or-break January sign-up season. It postponed a planned Black Card price increase to win members back. Same-club sales guidance was cut from four to five percent down to about one percent. The stock fell thirty-one percent in a single session, one of the sharpest drops in the company's history.

Meanwhile the low-price gym market got crowded and mean. Crunch Fitness, with more than five hundred clubs and three million members, pushed hard in the South. PureGym bought Blink Fitness for one hundred twenty-one million dollars and rebranded its fifty-six New York and New Jersey clubs. EōS absorbed twenty-three Gold's Gym locations in Southern California. Vasa poured thirty million dollars into sixty-four gyms. A fourteen-dollar rival called Amped Fitness began creeping into overlapping markets.

The Co-Founder's Son, Six Hundred Yards Away

And then there is my favorite detail, the one that made me look twice. In Dover, New Hampshire, a twenty-five-year-old named Justin Grondahl opened a sixty-three-thousand-square-foot gym called Traene Fitness about six hundred yards from the original Planet Fitness. His father is Michael Grondahl, who co-founded Planet Fitness and parted ways with it more than a decade ago. Asked who the new gym is for, the son said it plainly.

We're straight up targeting Planet Fitness.

Justin Grondahl (source)

A family business, in other words, has come back to compete with the family's first gym, at the address where the whole thing started. Traene sells memberships at nineteen dollars and ninety-nine cents a month and pitches community perks like date nights and Celtics tickets. The symbolism is almost too tidy, and that reads charming rather than trivial. Gyms are personal businesses. Even the giant ones started in one room.

What This Actually Means for Members

If you are one of the twenty-one million, the practical upshot is quiet good news. The price increase got postponed, so your membership stays cheap a while longer. The company is, by its own admission, trying to remember who it serves. And the discount gym war unfolding around it, with saunas and cold plunges and fourteen-dollar rivals, means the power has shifted toward the person holding the membership card.

We wrote about this because it is a reminder of something warm. The most defensible business in fitness was never the hardest workout. It was making a nervous person feel welcome. Planet Fitness forgot that for a season, and the market reminded it. The gym-timid won this round.

Sources

Every factual claim above traces to one of these. Links open in a new tab.

  1. Planet Fitness Opened Nearly 200 Gyms in 2025, New Metrics ShowAthletech News, 2026-01-13.
  2. Planet Fitness Stock Is Plunging. It Desperately Needs New Gymgoers.Yahoo Finance, 2026-05-10.
  3. How Planet Fitness Lost Its Way in the Increasingly Competitive Gym MarketMarketWatch, 2026-05-08.
  4. Why the Gen Z Son of Planet Fitness's Co-Founder Is Targeting the Gym GiantAthletech News, 2026-05-04.
  5. TD Cowen Cuts Planet Fitness Stock Rating on Marketing ChallengesInvesting.com.