Kohl's CEO: Planet Fitness, Amazon partnerships are critical to right-sizing our stores [CNBC]
Planet Fitness, Inc. (PLNT)
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Source: CNBC
Kohl's CEO: Planet Fitness, Amazon partnerships are critical to right-sizing our stores Kohl's Planet Fitness Amazon The department chain, whose locations typically cover more than 80,000 square feet, signed a deal with Planet Fitness last month "[Active and wellness] has doubled over the course of the last four years. It's now 20% of our business," Gass told "Mad Money's" Kohl's has plans to expand activewear and wellness products, including golf apparel and Fitbit wearables, by more than 25% in 160 stores. As the gym concept grows, the company expects gymgoers will also walk next door to pick up workout gear, Gass said. "As we look ahead, we're committed to stores ... We have 1,160 of them, it's the core of our business," she said. "But we think there's opportunity in some cases to make them a little smaller." As opposed to lamenting the impact that Amazon has had on retailers across the country, Kohl's is working to adjust to the times through its pilot with the internet giant The
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PLNT
News
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- Planet Fitness names Colleen Keating as new CEO [Yahoo! Finance]Yahoo! Finance
PLNT
Earnings
- 2/22/24 - Beat
PLNT
Sec Filings
- 4/16/24 - Form 8-K
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- PLNT's page on the SEC website