Oct. 2, 2021 WW International, Inc. (WW) announced that Mindy Grossman, President and CEO, who has led the brand's transformation since 2017, has decided to step down as President and CEO after the first quarter of 2022. Ms. Grossman will continue to lead the company until that time and will work with the Board of Directors…
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Two New Medical Weight Loss Companies
Sept. 2, 2021 We just discovered two new medical weight loss companies: Options and Calibrate. Options has brick & mortar sites, while Calibrate is a virtual program. Apparently, there's a lot of venture capital money out there looking for start-ups, and the weight loss space is enticing. Calibrate claims to have raised $127 million from…
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WW Reports 2nd Qtr. 2021 Results
Aug. 9, 2021 According to CEO Mindy Grossman: “We ended the quarter with 4.9 million subscribers, including 4.1 million Digital subscribers -- an all-time second quarter-end high and up 6% year-over-year, but below our expectations. The strong Digital year-over-year growth momentum in Q1 slowed in the second quarter as we cycled against strong Digital performance…
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WW Reports Q1 2021 Results
May 6, 2021 Weight Watchers reported its 1st quarter performance yesterday. "...WW had a strong start to the year, ending Q1 with 5.0 million subscribers, record Digital subscribers, and member retention remaining at an all-time high of over 10 months,” said Mindy Grossman, the Company’s President and CEO. "...Our continued digital transformation to a personalized,…
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Americans Pack On The Pounds During Pandemic
March 23, 2021 Just as we thought, lots of Americans gained a significant amount of weight the past year due to the pandemic, forced to stay away from gyms and be sedentary at home. And, the obesity rate at 42% of adults, was already at record highs. Great news for weight loss program providers, lots…
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Marketdata Publishes New Weight Loss Report: Findings
March 18, 2021 Marketdata LLC, has just released the new 16th edition of its best-selling report: "The U.S. Weight Loss & Diet Control Market". This is a 438-page analysis of ALL segments of the market -- commercial chains, medical programs, diet foods, soft drinks, meal replacements, diet books, Rx diet drugs, bariatric surgeries, the health…
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Medical Weight Loss Market Declines 27% in 2020
March 1, 2021 Marketdata and DietBusinessWatch.com continue to release major findings from its ongoing current research of the weight loss market, contained in our upcoming study; "The U.S. Weight Loss & Diet Control Market", due out shortly. Based on interviews with management at the major medical weight loss center chains and franchises, Marketdata analysts are…
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Metrics of the “Average” Commercial Weight Loss Center
Feb. 26, 2021 Where does one get details about commercial weight loss centers -- how much revenues they gross per year, their profits, their payroll, their characteristics, how many of them operate in the country? There ARE a few sources, in the absence of a national trade association for the industry. One can obtain the…
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