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,…
Read more
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…
Read more
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…
Read more
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…
Read more
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
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
Jenny Craig Seeks Buyer
Sept. 12, 2018 Word has it that Jenny Craig is seeking a buyer for its business, according to The Wall Street Journal. Sources indicate the company has hired investment bankers to help advise it on the process. The company has improved sales somewhat after being acquired in 2015 by private equity firm North Castle Partners.…
Read more