Herbal Magic announces bankruptcy

Herbal Magic: Weight Loss Company Announces Bankruptcy, Closes Centers Across Canada
The company said Friday that 41 centers in Western Canada would stay open but under a secured lender. The rest of Herbal Magic's roughly 150 locations were expected to be closed by Friday.


Herbal Magic has long been a leader in Canada's weight loss market. However, it has become evident that our current business model is not viable in today's changing weight loss market and significant changes were required. To our affected clients and staff, we thank you for your support during this transition.

see article here:

http://www.cbc.ca/news/business/herbal-magic-shuts-doors-in-eastern-canada-sells-off-41-centres-1.3183425?cmp=fbtl

http://globalnews.ca/news/2153754/herbal-magic-closes-stores-across-the-country/



their facebook page here:
https://www.facebook.com/HerbalMagic?fref=nf