Wow...I spoke too soon...this was on our local news website...
Quote:
L.A. Weight Loss closing Atlantic Canadian franchises
Last Updated: Tuesday, November 25, 2008 | 1:50 PM NT Comments5Recommend10
CBC News
A chain of weight loss franchises in Atlantic Canada is closing its doors, with one owner citing the worsening economic crisis.
Nine L.A. Weight Loss franchises in Atlantic Canada are closing their doors.
A St. John's franchise will lock its doors on Dec. 5, putting about 40 people out of work.
Franchise owner David Shneer told CBC News Tuesday that things have been tough for a while, but the ongoing global economic crisis has made it impossible to stay in business.
He added that many consumers do not think weight loss is a necessity when times are tough.
Clients who enrolled for longer-range programs can obtain refunds, he said.
Pennsylvania-based L.A. Weight Loss has seen other franchises close over the past month, including operations in Oregon, Montana and Wisconsin.