Planet Fitness Describes Tanning Service Risk
“Although our business model does not place an emphasis on indoor tanning,” Planet Fitness, Inc., tells stakeholders in its annual report delivered to the U.S. Securities and Exchange Commission this week, “the vast majority of our corporate-owned and franchise stores offer indoor tanning services. We offer tanning services as one of many amenities available to our PF Black Card members. Many states and provinces where we and our franchisees operate have health and safety regulations that apply to health clubs and other facilities that offer indoor tanning services. In addition to regulations imposed on the indoor tanning industry, medical…
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