Jenny Craig, Inc., often known simply as Jenny Craig, is an American weight loss, weight management, and nutrition company. At its peak, 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. Founded as an independent company, the business was purchased by Nestlé in 2006 for approximately $600 million. However, the business declined, and on 4 May 2023, the company announced that it was going out of business after 40 years. It was revived as an e-commerce store by Wellful (the parent company of Nutrisystem) sometime after this announcement in fall 2023.
History
Jenny Craig and her husband, Sidney Craig, founded Jenny Craig, Inc. on 21 March 1983 in Melbourne, Australia and began operations in the United States in 1985.[2] The company expanded rapidly after entering the U.S., opening 46 locations by 1987 as well as 114 in other countries. In 1991, the company underwent an IPO, generating $73.5 million in funding.[3]