Jenny Craig, the weight loss business backed by HIG Capital, is shutting down after failing to secure additional financing. Find out more.
Play Video
Management informed workers of the news in an email late Tuesday, and company-owned centres where members pick up meals, consult with coaches and weigh in are closed as of Wednesday, the employee said, adding that franchise-owned locations may remain open.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Bloomberg News previously reported that the company was mulling bankruptcy if a buyer didn’t surface. The company also had plans to move to an online-only model but it’s unclear whether that will happen, the employee said. The company didn’t respond to a request for comment.Article content
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Weight-loss company Jenny Craig to shut down after 4 decadesJenny Craig, the weight loss business backed by HIG Capital, is shutting down after failing to secure additional financing. Find out more.
Read more »
Jenny Mollen Alleges She Was The Victim Of A ‘Slow & Subtle’ Sexual Assault During Spa Massage:Jenny Mollen is opening up about a massage at a spa that wound up becoming a sexual assault. In a new essay that the actress, author and podcaster shared on Substack, titled “Tell Me a Time You Were Molested”, she detailed the incident, which took place in a New York City spa in 2020. “I’d…
Read more »
Man killed after reacting to Facebook photo with laugh emojiIsiah Craig Fitzgerald, 18, was killed after a war of words on Facebook
Read more »
Montreal borough charging for parking permits based on vehicle weight instead of engine sizeCharging for permits based on vehicle weight instead of engine size.
Read more »
Button: 'The Oilers are the team to beat in this series'Jay Onrait was joined by TSN Director of Scouting Craig Button to get his thoughts on the second round series between the Oilers and Kings, and who he thinks will emerge victorious.
Read more »
This Month’s MMA Birthdays: Jarred Brooks Celebrates No. 30“The Monkey God” has found a home in the Singapore-based One Championship organization, where he now reigns over the 125-pound weight class.
Read more »