50 Brands on the Brink of Declaring Bankruptcy

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Jenny Craig, one of the most well-known weight loss chains in America, has experienced a significant setback after filing for Chapter 7 bankruptcy in May of 2023. This is a big development for the firm because it signals that it will no longer engage in its normal operations and will instead focus on selling its assets in a piecemeal manner as a strategic move. 

Jenny Craig

Jenny Craig, which was once known for its brick-and-mortar weight loss centers, has opted to make a complete shift and embrace a fully online presence and customer base. The decision to postpone the reopening of its physical weight loss facilities reflects both tectonic shifts in customer tastes and ongoing transformations in the health and wellness industry.

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Did you know...

  • Once you've handled all your money, you should probably wash your hands. Money is some of the dirtiest things that we own. In fact, it's been found to be dirtier than a household toilet! During flu season, the virus can live on a bill for up to 17 days. That's just plain disgusting!
  • The most expensive hotel room in the world (the Royal Penthouse Suite at the Hotel President Wilson in Geneva, Switzerland) costs $83,200 a night. That's $58 per minute for a stay! Good thing it has 12 bedrooms, 12 baths, a wraparound terrace, a Steinway piano, and an assigned private staff (including a chef)!
  • Want a money saving tip? Ditch credit and debit cards, and stick to carrying around cash. Studies show people spend between 12 – 18% more when using a plastic card as opposed to when paying for things in cash. If you physically have to dole it out, you’re much more aware that you are spending your hard-earned money!
  • Have you ever wondered who prints the most money? That would be Hasbro, as in the makers of Monopoly. Hasbro prints more Monopoly money in a given year than there is money in the entire world. Each set of the game comes with $20,580. Bet you didn’t know you had that much money lying around the house!
  • Paper money is actually pretty heavy. One pound would be worth $454 in $1 bills. That means $1 million comprised solely of $100 bills would weigh over 20 pounds. Those suitcases filled with money in movies must be hefty to lug around all that paper money. If you plan on robbing a bank, you better bulk up!