Nutrisystem: Difference between revisions
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In 2012, Dawn Zier joined Nutrisystem as CEO.<ref>{{Cite web|url=https://www.bizjournals.com/philadelphia/news/2012/11/05/dawn-zier-named-presidentceo-of.html|title=Dawn Zier named president/CEO of Nutrisystem|last=Key|first=Peter|date=5 November 2012|website=www.bizjournals.com|access-date=2019-11-27}}</ref> |
In 2012, Dawn Zier joined Nutrisystem as CEO.<ref>{{Cite web|url=https://www.bizjournals.com/philadelphia/news/2012/11/05/dawn-zier-named-presidentceo-of.html|title=Dawn Zier named president/CEO of Nutrisystem|last=Key|first=Peter|date=5 November 2012|website=www.bizjournals.com|access-date=2019-11-27}}</ref> |
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As of 2014, there was tentative evidence that at three months that Nutrisystem resulted in at least 3.8% more weight loss than a control group, but no good evidence of any benefit in the longer term.<ref name="Gud2015">{{cite journal |vauthors=Gudzune KA, Doshi RS, Mehta AK, Chaudhry ZW, Jacobs DK, Vakil RM, Lee CJ, Bleich SN, Clark JM |title=Efficacy of commercial weight-loss programs: an updated systematic review |journal=Ann Intern Med |volume=162 |issue=7 |pages=501–12 |date=April 2015 |pmid=25844997 |pmc=4446719 |doi=10.7326/M14-2238 |quote=Nutrisystem demonstrates better short-term weight loss than control/education and behavioral counseling; however, we identified no long-term trial results. We conclude that Nutrisystem shows promise, but the lack of long-term RCTs prohibits definitive conclusions.}}</ref> |
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In 2015, Nutrisystem acquired the [[South Beach Diet]] brand.<ref>{{Cite web|url=https://www.bizjournals.com/philadelphia/morning_roundup/2015/12/nutrisystem-acquires-south-beach-diet-brand-15m.html|title=Nutrisystem acquires diet brand for $15M|last=Hilario|first=Kenneth|date=18 December 2015|website=www.bizjournals.com|access-date=2019-11-27}}</ref> In December 2018, [[Tivity Health]] announced that it would acquire the Nutrisystem brand.<ref>{{Cite web|url=https://www.bloomberg.com/news/articles/2018-12-10/tivity-health-agrees-to-buy-nutrisystem-in-1-3-billion-deal|title=Tivity Health Plunges With $1.3 Billion Nutrisystem Deal|last=Hammond|first=Ed|date=10 December 2018|website=Bloomberg|access-date=2019-11-27}}</ref> |
In 2015, Nutrisystem acquired the [[South Beach Diet]] brand.<ref>{{Cite web|url=https://www.bizjournals.com/philadelphia/morning_roundup/2015/12/nutrisystem-acquires-south-beach-diet-brand-15m.html|title=Nutrisystem acquires diet brand for $15M|last=Hilario|first=Kenneth|date=18 December 2015|website=www.bizjournals.com|access-date=2019-11-27}}</ref> In December 2018, [[Tivity Health]] announced that it would acquire the Nutrisystem brand.<ref>{{Cite web|url=https://www.bloomberg.com/news/articles/2018-12-10/tivity-health-agrees-to-buy-nutrisystem-in-1-3-billion-deal|title=Tivity Health Plunges With $1.3 Billion Nutrisystem Deal|last=Hammond|first=Ed|date=10 December 2018|website=Bloomberg|access-date=2019-11-27}}</ref> |
Revision as of 09:10, 17 January 2021
File:Nutrisystem-logo.jpg | |
Company type | Subsidiary |
---|---|
Nasdaq: NTRI | |
Founded | 1972 |
Founder | Harold Katz |
Headquarters | , USA |
Area served | USA and Canada |
Key people | Dawn Zier, President and CEO |
Products | weight loss, weight management, nutrition |
Services | telephone, Internet and mobile counseling for weight control |
Parent | Kainos Capital |
Website | nutrisystem |
Nutrisystem is a commercial provider of weight loss products and services headquartered in Fort Washington, Pennsylvania. The company originally offered weight loss counseling and products in brick and mortar centers, but in 1999, Nutrisystem moved to a direct-to-consumer business model, selling its products and programs on the Internet and by telephone.[1]
The company launched its mobile platform in 2010. WebDiet, Inc., a Silicon Valley startup, accused Nutrisystem of stealing their technology, but the case was dismissed in May, 2014.[2][3][4]
In 2012, Dawn Zier joined Nutrisystem as CEO.[5]
As of 2014, there was tentative evidence that at three months that Nutrisystem resulted in at least 3.8% more weight loss than a control group, but no good evidence of any benefit in the longer term.[6]
In 2015, Nutrisystem acquired the South Beach Diet brand.[7] In December 2018, Tivity Health announced that it would acquire the Nutrisystem brand.[8] On October 19, 2020, Kainos Capital acquired the brand from Tivity Health.[9]
References
- ^ "United States Securities and Exchange Commission Annual Report Form 10-K".
- ^ Brandy, Shaul (24 April 2015). "Nutrisystem Launches Weight Loss Platform on IOS". AdWeek SocialTimes. Retrieved 18 May 2015.
- ^ Fair, Matt (1 July 2014). "Nutrisystem Accused of Stealing Rival's Diet Mobile App Technology". Law360. Archived from the original on 22 May 2015. Retrieved 18 May 2015.
{{cite news}}
: CS1 maint: bot: original URL status unknown (link) - ^ "Webdiet Inc v. Nutrisystem Inc". Retrieved 20 November 2020.
- ^ Key, Peter (5 November 2012). "Dawn Zier named president/CEO of Nutrisystem". www.bizjournals.com. Retrieved 2019-11-27.
- ^ Gudzune KA, Doshi RS, Mehta AK, Chaudhry ZW, Jacobs DK, Vakil RM, Lee CJ, Bleich SN, Clark JM (April 2015). "Efficacy of commercial weight-loss programs: an updated systematic review". Ann Intern Med. 162 (7): 501–12. doi:10.7326/M14-2238. PMC 4446719. PMID 25844997.
Nutrisystem demonstrates better short-term weight loss than control/education and behavioral counseling; however, we identified no long-term trial results. We conclude that Nutrisystem shows promise, but the lack of long-term RCTs prohibits definitive conclusions.
- ^ Hilario, Kenneth (18 December 2015). "Nutrisystem acquires diet brand for $15M". www.bizjournals.com. Retrieved 2019-11-27.
- ^ Hammond, Ed (10 December 2018). "Tivity Health Plunges With $1.3 Billion Nutrisystem Deal". Bloomberg. Retrieved 2019-11-27.
- ^ https://investors.tivityhealth.com/news-and-events/press-release-details/2020/Tivity-Health-Announces-Sale-of-Nutrition-Business/default.aspx.
{{cite web}}
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External links
- Official website
- Historical business data for Nutrisystem:
- SEC filings
- 1972 establishments in Pennsylvania
- 2019 mergers and acquisitions
- American companies established in 1972
- American corporate subsidiaries
- Brand name diet products
- Companies based in Montgomery County, Pennsylvania
- Food and drink companies established in 1972
- Food and drink companies of the United States
- Companies formerly listed on NASDAQ
- Upper Dublin Township, Montgomery County, Pennsylvania
- Weight loss companies