Jenny Craig was an American weight loss, weight management, and nutrition company. The company had more than 700 weight management centers in Australia, the United States, Canada, and New Zealand. The program combined individual weight management counseling with a menu of frozen meals and other foods which were distributed through its centers or shipped directly to clients. On May 4, 2023, the company announced that it was going out of business after 40 years.
Throughout the 1990s, the company's share price declined as it ran into a series of financial troubles involving weight loss drugs, employee training, and costly leases before eventually being delisted from the New York Stock Exchange in August 2001. Jenny Craig stock then traded over the counter
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Get the Craig mug.Jenny Craig, the weight-loss brand that once touted celebrity endorsements from stars like Queen Latifah, Mariah Carey and Jason Alexander, is shutting down after four decades in business.
The Carlsbad, Calif.-based company, which offered coaching sessions and personalized meal plans, said Thursday it was canceling all online food orders and merchandise sales in corporate centers. It also stopped its coaching sessions, the company said.
The Carlsbad, Calif.-based company, which offered coaching sessions and personalized meal plans, said Thursday it was canceling all online food orders and merchandise sales in corporate centers. It also stopped its coaching sessions, the company said.
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