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The company encountered financial difficulties after losing the Weight Watchers/Smart Ones licence in 2004. [1] In December 2005, Markham-based International Franchise Corp. acquired Yogen Früz , founded in 1986 by brothers Michael Serruya and Aaron Serruya, along with the CoolBrands franchise division [ 2 ] which included the Swensen's ice ...
The Smart Ones brand was launched by the H.J Heinz Company in 1992 as a sub-brand of the Weight Watchers line of frozen entrées and desserts. At the time, Heinz owned Weight Watchers International, known for its well-known weight-loss program and services.
It’s no secret that weight-loss medications, particularly those of the injectable variety, are in high demand.Without insurance, they’re also costly. Wegovy (semaglutide) has a list price of ...
On 2 May 2023, Jenny Craig announced to employees via email that the company will wind down operations, lay off all employees, and possibly switch to an e-commerce model. The company had been pursuing a sale for some time. [14] Two days later, on 4 May, the company announced via its official Facebook page that it was going out of business. [15]
The Food and Drug Administration (FDA) announced in a statement Tuesday that it has sent warning letters to companies selling unapproved weight loss drugs. The letter went to Xcel Peptides ...
Sistani helped push the company into the weight-loss drug space in 2023 through the $106 million acquisition of the telehealth platform Sequence — now called WeightWatchers Clinic, which ...