Obesity may still be a huge problem, but some well-known weight-loss programs aren’t getting any fatter for it. Jenny Craig sales have continued to slump in the first half of the year, Weight Watchers revenue is down 3.7 percent so far this year, and revenue at Nutrisystem, whose sales have fallen since 2008, dropped 20 percent.
It’s not like Americans got skinny or simply stopped trying. So what gives? According to the suffering weight-loss companies, it’s the economy—well, that and the rise of the fitness monitor.