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Feb. 26, 2021 Medifast reported Q4 and full year 2020 results. To achieve any kind of growth during a year of pandemic and recession is admirable. To post the kind of record sales that Medifast did last year is just remarkable. The company continues to post impressive growth and is now the #2 weight loss …
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 …
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 …
Tivity Health Bails Out on NutriSystem Too Early Read More »
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 …
New Weight Loss Market Research Coming – Health Clubs Take A Beating in 2020 Read More »
Jan. 25, 2021 Robard just recently did a webinar featuring Patrick O’Neil at the Medical University of South Carolina. In that webinar, he discussed working with obese patients, and what their program has been seeing, and how they’ve changed their services to adapt to the limitations of the pandemic. This is a multidisciplinary medical weight …
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 …
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 …
Aug. 29, 2020 WW has collaborated with Amazon for the launch of Amazon Halo, a health and wellness membership and wearable device that uses technology to provide personal wellness insights. The Amazon collaboration will provide consumers with the latest in personal health and wellness technology, demonstrating our shared commitment to offering consumers science-backed, cutting edge …
Jan. 15, 2019 What do most consumers think about when they hear the term “wellness”? Some may think about being free of any disease, or being physically fit, or mentally fit. Do they also think about weight loss? Maybe. Maybe not. In any case, in America the term wellness has always been kind of vague …
Wellness May Be A Tough Sell for Diet Companies – By J. LaRosa Read More »
Jan. 9, 2019 A recent interview by the news site Cheddar, with Jenny Craig CEO Monty Sharma, revealed that the company is not stressing the wellness aspect of its program, in contrast to competitors such as WW (Weight Watchers). Mr. Sharma claims that consumers are confused by the term “wellness”. Rather, the company is placing …
Jenny Craig Takes Different Path – By J. LaRosa, Marketdata Read More »