Collapsed weight loss giant Jenny Craig has been unsuccessful in finding a buyer for its physical stores and will now “immediately cease trading” with all staff being made redundant, the business’ administrators announced.
Jenny Craig Australia announced back in May it would continue to trade while administrators investigate options for restructuring the popular business, the move coming days after its US parent company officially filed for bankruptcy.
In a statement today FTI Consulting revealed it that “despite best efforts”, a buyer was unable to be found and as result the company will be liquidated.
Read the full article at: https://www.9news.com.au/national/jenny-craig-recommended-to-be-liquidated-unable-to-find-buyer/33bda5e9-ff3d-4af4-a0fb-a44289edbdd8