(813) 971-8080

7210 Wareham Drive, Tampa, FL 33647

Tag Archives: weight loss programs

Weight Loss Market Pivots To Survive Covid-19: New Report, 2020 Forecasts

June 12, 2020 Marketdata has released a new 65-page study: Status of The U.S. Weight Loss Market: Effects of The Pandemic. This is a complete analysis and forecast of ALL major segments of the U.S. diet market.  “The Covid-19 crisis has forced many weight loss businesses to accelerate their operations toward the virtual delivery of…
Read more

Weight Watchers Bounces Back

June 16, 2020 As of this morning writing on June 16, WW stock (WW) is up nearly 17%, due to positive news. WW issued an update on its Q2 fiscal 2020 trends to date, which reflects a strong digital business, courtesy of the social distancing and the company’s focus on digital transformation. As of Jun…
Read more

Marketdata Was Right About NutriSystem & Tivity Health

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…
Read more

WW Plans Lay-offs Due to Covid-19, Oprah Events Coming

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.…
Read more

Herbalife’s U.S. Sales of Weight Loss Products at $633 Million in 2019

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…
Read more

Health Club Revenues Reach $35 Billion

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,…
Read more

Most Weight Loss Surgeries Performed in the Northeast

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…
Read more

Quick Weight Loss Centers Out of Business

April 30, 2020 it appears that Quick Weight Loss Centers, headquartered in Pompano Beach, FL, has gone out of business, a victim of the Covid-19 shutdowns and lost revenues. closing its 40 or so centers located in Florida and Texas. The company appears to be in the process of filing for Chapter 7 bankruptcy, as…
Read more