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WeightWatchers files for bankruptcy | CNN Business

//business-finance.news-articles.net/content/202 .. twatchers-files-for-bankruptcy-cnn-business.html

Published in Business and Finance on Tuesday, May 6th 2025 at 19:00 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Weight Watchers, the 61-year-old program that revolutionized dieting for millions of Americans, has filed for bankruptcy.

Orbitz

Weight Watchers, officially known as WW International, filed for Chapter 11 bankruptcy protection on May 6, 2025, amid declining membership and increased competition from digital health and wellness apps. The company, which has been a leader in the weight loss industry for over six decades, reported a significant drop in subscribers over the past year, exacerbated by the rise of free or low-cost alternatives that offer similar services through mobile applications. In an effort to restructure and adapt to the changing market, Weight Watchers plans to focus on digital transformation and has secured $125 million in debtor-in-possession financing to support operations during the bankruptcy process. The company aims to emerge from bankruptcy as a leaner, more agile entity better positioned to compete in the modern health and wellness landscape.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/06/business/weight-watchers-bankruptcy ]

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