Feb. 25, 2020 “2020 is off to a terrific start. The global launch of the new myWW program is resonating in every market, the WW Presents: Oprah’s 2020 Vision tour in the U.S. has been engaging sold-out crowds siad Mindy Grossman, the firm's President and CEO. “Right now, we have more than 5 million members globally – a new…
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Tivity Health, Parent of NutriSystem, Falters
Feb. 20, 2020 Tivity Health (stock symbol TVTY), the parent company that acquired NutriSystem last year, reported weak earnings and guidance and its CEO Donald Tramuto resigned, as did NutriSystem's Chief Marketing Office, Kiera Krausz. The stock price plummeted Thursday morning, falling 44%. According to management in their conference call: "...Admittedly, the Nutrition business has…
Read moreNoom Sees Growth, Investors
Jan 20, 2020 According to analysts and Bloomberg News, Noom has posted impressive growth, driven in part by aggressive advertising: Noom closed 2019 with $237 million in revenue, up from $61 million and $12 million in the two previous years, respectively. This New Year’s Day, 55,000 people signed up to lose weight with the smartphone…
Read moreU.S. News Ranks The Best Diets
Jan. 2, 2020 U.S. News & World Report, the global authority in rankings and consumer advice, released its annual assessment of the year's Best Diets. For the millions of Americans making health-related resolutions for the New Year, the Best Diets platform offers rankings, data and information on 35 diet plans to help people across the…
Read moreCommercial Diet Companies: 2019 Review, 2020 Outlook
Dec. 30, 2019 Based on 3rd quarter 2019 guidance by each company, it's looking like the top four weight loss companies will post a collective 3.6% sales increase for 2019 versus 2018, with revenues of $3.21 billion ($3.10 bill. in 2018). Adding in all the other smaller commercial franchises and chains, this segment of the…
Read moreJenny Craig Adds DNA Testing
Dec. 31, 2019 Jenny Craig’s new ad campaign promotes a DNA Decoder Plan that directs users toward the best food choices, based on their genetic makeup. The company will have dieters first swab their cheeks and send off their genetic material for analysis, before developing a meal and exercise plan. Jenny Craig follows other companies,…
Read moreNutriSystem Debuts New Program
Dec.27, 2019 Nutrisystem has launched a new weight-loss program focused on body type, individual goals and food tastes. Nutrisystem uses a proprietary algorithm to determine the best plan for a customer, delivers food for more than half of the program's caloric intake to the customer's home, and then leaves the remaining calories from fresh grocery…
Read moreWW Launches New Plan
Nov. 11, 2019 "More options" and "more freedom" are key aspects of Weight Watchers' new customizable myWW program. For the first time, WW (Weight Watchers) is offering its members the opportunity to choose a program tailored to a member’s weight loss plan -- giving them “more flexibility” when it comes to the foods they eat. MyWW, allows members to…
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