Weight Watchers Dropping the 'Weight'

Today, Weight Watchers announced it has changed its name and will go by "WW."

The rebranding for Weight Watchers will put more focus on health and wellness and less on losing weight. Investor Oprah Winfrey has lend her support to the name change.

The name change is just part of Weight Watchers' image update, including high-profile ambassadors and free membership for teens.