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Explained in plain English
Puregym is a 'fitness chain', meaning it's a brand with many gyms, often across different locations or countries. This helps them offer consistent services and pricing, and benefit from economies of scale. Puregym's plans for 60 new sites this year and expansion into Ireland show how chains grow.
Stories that explain this
Puregym plans 60 new sites this year as half-year earnings rise 18%