Nutrisystem

From Wikipedia, the free encyclopedia
Nutrisystem, Inc.
Company typeSubsidiary
Nasdaq: NTRI
Founded1972
FounderHarold Katz
Headquarters,
US
Area served
US and Canada
Key people
Stephen Mikulak, President
Productsweight loss, weight management, nutrition
Servicestelephone, Internet and mobile counseling for weight control
ParentKainos Capital
Websitenutrisystem.com

Nutrisystem is a commercial provider of weight loss products and services headquartered in Fort Washington, Pennsylvania.

Company history[edit]

Nutrisystem's initial product in 1972 was a liquid protein diet, but the company changed its offering after Slim-Fast came to prominence in that market.[1]

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.[2]

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.[3][4][5]

In 2015, the firm acquired the South Beach Diet brand.[6]

In December 2018, Tivity Health announced that it would acquire the Nutrisystem brand.[7]

On October 19, 2020, Kainos Capital acquired the brand from Tivity Health.[8]

In 2021, Stephen Mikulak was named President of Nutrisystem.[9]

The company is known for its celebrity marketing, which has included Marie Osmond in national advertising.[10] One of its primary competitors is Weight Watchers with the rivalry deemed "diet wars" by the media. [11]

Efficacy and criticism[edit]

A systematic review in 2015 concluded that Nutrisystem "shows promise" because, in the short term, studies have shown that Nutrisystem was more effective at weight-loss than a control group, but found no studies of long-term efficacy.[12]

As of 2019, four weeks of a basic Nutrisystem plan costs the average American customer $274.99.[13] In light of this expense, the Mayo Clinic lists one of the disadvantages of the diet to be its potentially "prohibitive" cost.[14] Obesity specialist Fatima Cody Stanford writes that a potential disadvantage of the diet is that it complicates social eating because a person following the Nutrisystem plan has to follow a distinct dietary program.[13]

References[edit]

  1. ^ Longe JL, ed. (2008). "Nutrisystem". Gale Encyclopedia of Diets. Vol. 2. Gale Group. pp. 722–726.
  2. ^ "United States Securities and Exchange Commission Annual Report Form 10-K".
  3. ^ Brandy, Shaul (24 April 2015). "Nutrisystem Launches Weight Loss Platform on IOS". AdWeek SocialTimes. Retrieved 18 May 2015.
  4. ^ 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.
  5. ^ "Webdiet Inc v. Nutrisystem Inc". Retrieved 20 November 2020.
  6. ^ Hilario, Kenneth (18 December 2015). "Nutrisystem acquires diet brand for $15M". Business Journals. Retrieved 2019-11-27.
  7. ^ Hammond, Ed (10 December 2018). "Tivity Health Plunges With $1.3 Billion Nutrisystem Deal". Bloomberg News. Retrieved 2019-11-27.
  8. ^ "Tivity Health Announces Sale of Nutrition Business". October 19, 2020.
  9. ^ "PE-backed Nutrisystem names new President". www.privateequitywire.co.uk/. 22 February 2021. Retrieved 2021-08-16.
  10. ^ "Marie Osmond Shows off 50-lb Weight Loss and Tells Fans: 'Food is Not My Enemy Anymore'". 26 January 2023.
  11. ^ "Weight Watchers (And Oprah) are winning the diet war". 28 February 2018.
  12. ^ 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.
  13. ^ a b Stanford FC (6 November 2018). "Chapter 10: Weight-loss programs". In Stevens JR, Stern TA (eds.). Facing Overweight and Obesity: A Complete Guide for Children and Adults. MGH Psychiatry Academy. pp. 127–128. ISBN 978-0-9991483-5-8.
  14. ^ "Weight loss: Choosing a diet that's right for you". Mayo Clinic. 6 June 2020.

External links[edit]

  • Official website