Health
WeightWatchers Prepares to File for Bankruptcy Within Weeks
A WeightWatchers brand bathroom scale.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
WW International Inc. is preparing to file for bankruptcy within weeks after reaching a debt-restructuring deal with a majority of its lenders, according to people with knowledge of the situation.
WeightWatchers, the once ubiquitous seller of diet plans and weight-loss products, has struggled under a roughly $1.5 billion debt load amid declining revenue and the emergence of drugs like Ozempic.