abc.net.au/news/jenny-craig-to-close-australia-new-zealand/102451450Jenny Craig's Australian and New Zealand operations is closing down after administrators failed to find a buyer for the weight-loss company's physical stores.
"Administrators have today advised all of the employees in Australia New Zealand that a sale of the business with the stores continuing to trade and staff continuing their employment has not been achievable," FTI Consulting said in a statement. "This has resulted in a decision to immediately cease trading from stores and employees being made redundant, which is an unfortunate outcome and one which the Administrators had sought to avoid."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: