Jenny Craig to Become E-Commerce Business

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Elsewhere, Jenny Craig is set to become an e commerce business that according to an exclusive NBC report, we INC which owns rival weight loss brand Nutrisystem has acquired rights to Jenny Craig's intellectual property. This for an undisclosed amount. Court documents dated back on June 2nd show. The IP was priced at up to $10 million. We said the weight loss provider would become completely virtual. He said members will still be able to order meals to their doorsteps and also get personalized coaching, but it would take place all online. After four decades in business, Jenny Craig filed chapter seven bankruptcy back in May that after the famous diet company was unable to secure additional financing.