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The Body Shop has shut down all of its US-based operations and will be closing dozens of Canadian store locations as it files for bankruptcy. In a news release earlier this month, the UK-based ...
The Body Shop has shut down operations in the U.S. and is now closing dozens of stores in Canada. This comes as the beauty brand files for bankruptcy.
The Body Shop has ceased its U.S. operations and is closing dozens of locations in Canada amid deepening financial struggles for the British beauty and cosmetics chain. The Body Shop's U.S. arm ...
Throughout the 21st century, retail businesses in Canada have felt the pressures of foreign store expansions into the country, as well as a shift towards online retail. As a result, closures have been a mix of stores unique to the nation, as well as newcomers like Target Canada.
The Body Shop filed for administration on February 15, 2024, warning that a significant portion of its United Kingdom locations would close in the coming months. [66] Just a day later, its German branch collapsed into administration and ceased operations, and most of its European branches were also expected to be placed into administration the ...
On 1 March 2024, the Body Shop Canada filed for creditor protection and announced that it would cease online operations and close 33 locations out of 105. On the same day, the Body Shop USA closed all of its stores and ceased operations online. On 10 March, the Body Shop USA filed for Chapter 7 bankruptcy liquidation. [45]
Aeropostale Canada – subsidiary of the United States-based retailer Aeropostale, closed all 41 stores in Canada in 2016; A&A Records – founded in Toronto at the end of WWII, it was the dominant record chain store in Canada until being superseded by Sam the Record Man in the 1960s; it became defunct in 1993
The Body Shop is shutting down its U.S. operations after filing for bankruptcy. The U.K.-based chain filed for Chapter 7 liquidation in New York last week, according to a court filing.