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May 21, 2020 As Marketdata analysts predicted just about a year ago, Tivity Health’s acquisition of NutriSystem has not worked out well. As of May 7, 2020 Tivity’s board has decided to explore “strategic alternatives” for the Nutrition business (translation: they want to sell the business unit), including a possible transaction and has engaged Lazard […]
Marketdata Was Right About NutriSystem & Tivity Health Read More »
May 19, 2020 WW International Inc. said last Friday it plans to lay off workers and eliminate jobs worldwide as it tries to cut costs amid the economic devastation caused by the Coronavirus pandemic. The company formerly known as Weight Watchers said it expects to spend about $12 million in employee-termination payments and other expenses.
WW Plans Lay-offs Due to Covid-19, Oprah Events Coming Read More »
May 19, 2020 Herbalife Intl. is a well-known MLM (multi-level marketing) company that sells weight loss products in the U.S. and abroad. It sells meal replacements (protein shakes, drink mixes, weight loss enhancers and healthysnacks). However, what some may not know is that, based on its sales, it ranks as the third largest weight loss
Herbalife’s U.S. Sales of Weight Loss Products at $633 Million in 2019 Read More »
May 15, 2020 The health club industry’s trade association, IHRSA (Intl. Health & Racquet Sports Assn.) reported to Marketdata that U.S. health club industry revenues were up 8.3% to $35.0 billion in 2019, on the heels of a 7.7% gain in 2018. Through 2023, Marketdata forecasts revenues to grow by 5.6% per year, on average,
Health Club Revenues Reach $35 Billion Read More »
May 15, 2020 The number of bariatric (weight loss) surgeries performed in the U.S. was up 10.5% in 2018, to 252,000 procedures. Marketdata analysts estimate that this market was worth $6.3 billion, based on the average price per surgery of $25,000. No data is available yet for 2019. The ASMBS (American Society for Metabolic and
Most Weight Loss Surgeries Performed in the Northeast Read More »