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MDs Told To Be More Proactive In Fighting Obesity – $ Opportunities For Weight Loss Counseling

Nov. 14, 2013… The medical profession (The Obesity Society, American heart Assn., American College of Cardiology) has issued new guidelines for fighting the national obesity epidemic, urging doctors to get more aggressive with their patients. In 2014, most insurance companies are expected to cover counseling and other obesity treatments. These new guidelines advise doctors to:

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Nestle Sells Jenny Craig to North Castle Partners, Combines it With Curves Fitness Chain

Nov. 7, 2013… Nestle will divest Jenny Craig in North America, Australia and New Zealand, the Swiss company said today in a statement. The company was sold to a private equity firm, North castle partners, Greenwich, CT. The price was probably less than the approximately $600 million Nestle paid in 2006, analysts at Natixis and

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Jenny Craig’s New York Employees Obtain Class Action Certification – Dispute Over Work Hours

Oct. 31, 2013…A New York City trial judge has certified a class of 751 current and former Jenny Craig workers who claim the company changed their time cards to show that they had taken 30-minute meal breaks when, in fact, they were pushed to work through the pause. This, the complaint claims, was a policy

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Weight Watchers Reports 3rd Quarter Results: Suspends Dividend, Sees Tough 2014

On Oct. 31, 2013, the company reported Q3 revenues of $393.9 million, down 8.5% on a constant currency basis versus the prior year period. “While progress on cost cutting has allowed us to exceed our Q3 profit expectations, we expect Q4 revenues to be down low double digits given our continuing negative recruitment trends,” commented

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Medifast Warning Sign – Cuts Affiliate Program Commissions

In late October, Medifast informed its affiliate program partners that they will not be paid any commissions on sales for the balance of the year. Their statement was: “Due to significant budget cutbacks, Medifast is having to drastically reduce spend, particularly in the affiliate channel for the remainder of 2013. Effective immediately, you have been

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