date:Oct 10, 2013
for $600 million from private equity groups ACI Capital and MidOcean Partners as part of its push into nutrition.
The brand, which operates weight loss centers and sells packaged food under the Jenny Craig name, has been hit by the economic slowdown as many consumers have cut back spending on themselves.
Like rival Weight Watchers International, Jenny Craig's business model has also been pressured by an influx of free online and mobile fitness apps that allow consumers to lose weight on their