Posted on 05/04/2023 5:54:03 PM PDT by lowbridge
Jenny Craig will close its doors after four decades in the weight loss and nutrition business, according to internal communications to employees reviewed by NBC News.
In an email sent to employees late Tuesday, the company said it will close “due to its inability to secure additional financing.” Jenny Craig corporate and salaried field employees' last day will be Friday, and hourly center employees’ last day working was Tuesday. The company operated about 500 company-owned and franchised stores in the United States and Canada, according to H.I.G. Capital when it acquired Jenny Craig for an undisclosed amount in April 2019. It now employs more than 1,000 people.
Last week, corporate employees at the company’s Carlsbad, California, office received a WARN Act notice that the company would be closing the office June 24, but may close as soon as Friday. A FAQ was also sent by Jenny Craig to employees, explaining that it would wind down physical operations to transition to an e-commerce model.
For the past two weeks, Jenny Craig had been running out of money as it searched for a buyer. Bloomberg Law reported last month that the company was pursuing a sale. Two current Jenny Craig corporate employees say they fear the company will file for bankruptcy by the end of the week.
Neither Jenny Craig nor H.I.G. Capital, a $55 billion private equity firm, have responded to requests for comment.
Jenny Craig was founded in 1983 to help people lose weight, and the brand became a household name for its weight loss program. The program provided special menus designed by chefs and nutritionists to help consumers lose weight. The company recruited celebrities to front the brand, including actors Kirstie Alley, Valerie Bertinelli and Jason Alexander, and singer-songwriter Mariah Carey.
(Excerpt) Read more at nbcnews.com ...
not really, fat acceptance/pride (for women) is becoming a thing. Not only is it okay, its mandatory to call morbidly obese (women) beautiful. This isn’t the 80s anymore.
I've noticed that it was during the Covid Scamdemic that people, most notably women but men too, started getting a lot fatter and it's pretty much stayed that way since. Now it seems to be a fashion statement, if not a point of pride. Go figure.
Lean Cuisine’s not bad if you melt a lot of cheese on it.
More accurately, only if you are a woman. Guys are not celebrated for being fat. Gynosociety only say fat women are great and healthy and don’t need to change.
The population was much younger too
Lizzo did it.
Fat is the new thing.
The shortage is fat people who don’t want to be fat.
With all the wokesters identifying as skinny...
Cut out sugar and you will lose weight.
Yep, Afterall Lizzo was declared “devastating” in a bikini. ugh. And then there’s Stacy Abrams who the press fawned all over.
The globalists love fat asses. Easier for the robo-dogs to gun them down.
Amazing
From afar, it looked like it should have been highly profitable
Sugar comes in many forms. Potatoes, rice, flour, etc., all convert to sugar in the body (and a lot of low-fat alternatives are sweetened to make them palatable.)
If anything has killed these old weight-loss programs, it’s the low-carb/keto movement.
And a half pound of bacon.
The reason is simple...Ozempic. It’s going to kill all the diet companies and the products they sell.
really, even though I can’t do a very good keto, I can do low/lower carb....why spend so much money on these fixes when one can do it themselves.
My daughter knows several who’ve taken the shot and lost a lot of weight. Our daughter, on the other hand, diets and exercises. I told her, give it a year b/c those girls haven’t changed their lifestyles and will gain it all back.
Still laughing.
BTW, and just curious.
Jenny Craig, how much do you currently weigh?
Nutri System drove them out of business. No more Nutri System commercials or great deals. Classic. Marie Osmond better look for a new job...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.