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The Federal Trade Commission and United States Department of Justice said that advertisements for the "Medifast 5 & 1 Plan" low-calorie diet told consumers they could "lose up to 2-5 pounds per week", and that these weight-loss claims lacked a reasonable scientific basis, and were unsubstantiated.

And we help all of our partners innovate and manage risk, so they can nourish the world again tomorrow.

[9], In July 2017, Medifast changed the name of its subsidiary Take Shape For Life to OPTAVIA and introduced a new line of products, OPTAVIA Essentials, directly sold from Coaches to clients.

Medifast was founded in 1980 by William Vitale, a medical doctor. The company was founded as a supplier for businesses by William Wallace Grainger in 1927 in Chicago, Illinois, and incorporated as W. W. Grainger, Inc. in 1928. Acer Incorporated Jason Chen Chairman March 20, 2019. Its subsidiaries include Megaworld, Emperador Inc., Travellers International, Golden Arches Development Corporation (GADC) and Infracorp. View Jason Steinfeld’s profile on LinkedIn, the world's largest professional community. We deliver best-in-class finishing and seating products and solutions to industrial, energy, heavy fabrication, off …

Grainger was named by Fortune magazine as one of the top 100 companies to work for in 2013, citing the company's generous profit-sharing plan, where employees with five years of service had 20% of their pay added to their retirement plan. 5159 christopher.sharkey@ambest.com We consistently deliver superior customer satisfaction, and are committed to a safe and rewarding work environment that is essential to long-term success for our owners, partners and employees. W. W. Grainger, Inc. is an American Fortune 500[4] industrial supply company founded in 1927 in Chicago by William W. (Bill) Grainger. Who We Are.

Subsidiaries, parent companies, and sister companies are legally distinct from listed entities. Discover how we protect our people and partners. We join with community leaders, non-profits and others to enrich the places where we live and work, building a strong, sustainable future for agriculture.

[14][15], Lorraine Mirabella (February 20, 2017), "Medifast's Take Shape For Life changes name to Optavia", http://www.baltimoresun.com/business/bs-bz-medifast-rebrand-20170220-story.html, "Carrying out the legacy of Medifast's turnaround CEO", Forbes America's 100 Best Small Companies, "Medifast on the Forbes America's Best Small Companies List", "Medifast earns spot on Forbes' 100 Most Trustworthy Companies list", "Medifast's Take Shape For Life changes name to Optavia", "Medifast, OPTAVIA See Record Growth in 2017", "Medifast relocating headquarters to Harbor East from Baltimore County", "Medifast's entry into Asia is first step in aggressive international expansion", "Medifast unit settles false ad claims for $3.7 million", "Medifast Subsidiary Agrees to $3.7 Million Penalty", European Grouping of Marketing Professionals, https://en.wikipedia.org/w/index.php?title=Medifast&oldid=968753152, Companies listed on the New York Stock Exchange, Nutritional supplement companies of the United States, Official website different in Wikidata and Wikipedia, Creative Commons Attribution-ShareAlike License, Take Shape for Life, Inc. (TSFL) (renamed Optavia from July 2017), This page was last edited on 21 July 2020, at 08:51.

Grainger's subsidiary Zoro Tools, Inc. and website zoro.com was launched in 2011 to serve the US small business market through a web-only transaction-based model,[3] while grainger.com serves primarily large and mid-sized customers.

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