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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WW Reports Full Year 2020 Results
Feb. 26, 2021 Weight Watchers reported results of the 4th quarter and full tear 2020. Management said that: "...Our new membership tier, Digital 360, is being enthusiastically received by members and is building subscriber momentum. Today, WW is the leading weight loss and wellness digital subscription platform, with multiple membership verticals and revenue streams, creating…
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Tivity Health Bails Out on NutriSystem Too Early
Tivity Health, a healthcare organization in the Southeast U.S., acquired NutriSystem, the weight loss company, in December 2018. Tivity ran NutriSystem under its Nutrition division for about 18 months, then wound up selling it, at a big loss, to private equity firm Kainos Capital. On Oct. 19, 2020 Kainos Capital agreed to acquire NutriSystem, from…
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New Weight Loss Market Research Coming – Health Clubs Take A Beating in 2020
Feb. 10, 2021 Marketdata is now updating its largest, best-selling biennial report: "The U.S. Weight Loss & Diet Control Market", due to be released in 3-4 weeks. Research so far has uncovered a few things about some of the market segments and how they fared in 2020 during the pandemic. One part of the weight…
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WW Launches 360 App-based Membership Plan
Jan 5, 2021 WW announces its newest membership plan, Digital 360, designed to give members next-level support, motivation and accountability through live and on-demand content. "The experience is powered by a new group of inspiring WW coaches who have expertise in what members need - including fitness, mindfulness and applied clinical psychology. Members can follow…
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Medifast Reports Q3 Results
Dec. 29, 2020 "Our business continues to go from strength to strength, with high levels of client demand and engagement among independent OPTAVIA Coaches, accelerated growth and record levels of active earning Coaches," said Dan Chard, CEO of Medifast. "Our programming efforts this year, along with enhancements to our organization, have given us a foundation for significant…
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Weight Watchers Reports Q3 Results
Nov. 2, 2020 According to Mindy Grossman, the company's President and CEO: "We ended the quarter with 4.7 million subscribers, marking a new record for a third quarter close. We accelerated initiatives that were already underway to create a truly differentiated, tech-enabled, member experience. Building on the massive success of the m yWW food program, we are thrilled…
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U.S. Adult Obesity Rate Tops 40% For First Time, Covid-19 To Blame
Oct. 20, 2020 No surprise here... The U.S. adult obesity rate stands at 42.4 percent, the first time the national rate has passed the 40 percent mark, providing further evidence of the country’s obesity crisis. The national adult obesity rate has increased by 26 percent since 2008. With consumers working and staying at home during…
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