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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 ...
In an early 2023 report, Natura noted that The Body Shop was “(facing) headwinds” with a year-over-year decline of 13.5% in 2022, a year the company said “was far from easy” for the brand.
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]
A Body Shop spokesperson did not immediately respond to a request for comment. According to T he Guardian , some 50 locations in the U.S. were operational at the time of the bankruptcy filing.
The chain was founded by four brothers, Stephan, Lawrence, Marvin, and Douglas Jemal, in New York City in 1977. [1] Later, it officially changed its name to its well-known advertising slogan, "Nobody Beats The Wiz."
Menlo Park Mall is a two-level super regional shopping mall, located on U.S. Route 1 and Parsonage Road in Edison, New Jersey. The mall has a gross leasable area of 1,332,132 sq ft (123,759.1 m 2 ) [ 2 ] and is owned and managed by Simon Property Group .