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WeightWatchers, one of the most recognizable names in the health and wellness industry for more than 60 years, is filing for Chapter 11 bankruptcy as it struggles to remain competitive in a rapidly changing weight-loss market now dominated by prescription injectable drugs. The New York-based company confirms that the restructuring is aimed at reducing its debt burden and realigning its business model for the modern era, especially as it pivots toward digital health services and telehealth offerings.
The company, officially known as WW International, insists it is not. . .
