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Slim Fast & Weight Watchers Hit Hard By Low-Carb Diets

  • April 04, 2004

Further confirmation that we are in the midst of a cultural transformation with respect to the appreciation that lowering insulin levels is the key to losing weight, not lowering the fat intake. Sales of Slim-Fast's traditional meal-replacement shakes and powders slipped 27 percent last year, to $290 million. Weight Watchers has also been struggling. After strong growth for three years, its membership fell over 3 percent in the fourth quarter of 2003, not counting members gained through...