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After months of unsuccessfully searching for a buyer, Jenny Craig is closing. The company emailed employees on Tuesday, May 2 with news that the entire operation will close for good this week. All employees will be let go by Friday, May 5. They join a growing list of stores and businesses experiencing closures and liquidation sales. Just look at Bed Bath and Beyond and Buy Buy Baby as examples. This decision not only affects all the locations — but the online sales, too. The website will be reportedly shut down and there will be no way to order Jenny Craig meals after Friday.
The closure is urgent. So urgent, in fact, that Jenny Craig locations are reportedly calling current customers offering free food before their doors shutter completely. In some cases, office furniture and equipment are also up for grabs.
The weight loss business category is one that has long been struggling, with companies like WW International (formerly known as Weight Watchers) looking for new ways to rake in revenue. For example, WW acquired telehealth platform Sequence in March 2023. This allows them the ability to offer customers access to prescription injectables like Ozempic. It’s a diabetes medication which has an off-label use for weight loss.
Below find everything we know about the Jenny Craig closure so far.
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Jenny Craig is closing for good this week after 40 years in business.
Prior to the closure news, the company has been an established name in the weight loss industry for over three decades. Jenny and Sid Craig founded the namesake company in 1983. providing personalized weight loss solutions, support, and guidance to millions of clients. But competition from other weight loss companies is tight and consumer preferences are changing. Both factors are forcing Jenny Craig out of business.
RELATED: Weight Watchers New Program Gives Members Access to Ozempic — But Are There Cost Savings?
Many locations are liquidating everything from food to furniture.
As the news of the company’s closure spreads, some locations are reportedly making generous offers to their customers. This is all in an effort to empty their inventories. According to online sources, there are locations offering $1,000 worth of food for free. If these offers are not taken, the food may be thrown away.
In addition to food offers, Jenny Craig locations are giving away various office supplies and equipment as they close. The list of items includes office furniture, scales, weights, chairs, and desks.
All locations will close by Friday, May 5, 2023.
The closing of Jenny Craig has undoubtedly taken a toll on its employees, who are now facing layoffs and an uncertain future. However, the company’s decision to shut down will also leave a significant gap in the weight loss industry. Jenny Craig has been a popular choice for many seeking personalized support and guidance in their weight loss journey. Moreover, it will be interesting to see how programs like Nutrisystem move forward with a longtime competitor out of the market.