Iconic 60-year-old company that transformed America edges towards oblivion - because of Ozempic
WeightWatchers is in dire trouble as it buckles under the weight of $1.6 billion in debt. The company - whose name became a byword for the traditional weight-loss industry - has begun discussions with its lenders about restructuring, the Wall Street Journal reported. The rise of weight-loss drugs like Ozempic and Wegovy have upended its business model, which was based around selling low-calorie foods and diet advice to overweight people.
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