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NEW YORK – 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 ceased operations on March 1, according to a company announcement from earlier this month. The brand’s Canadian subsidiary commenced liquidation of 33 closing stores as part of wider restructuring proceedings.
These closings arrive just weeks after the U.K.-based retailer appointed insolvency administrators set to consider "all options to find a way forward" after years of financial struggles.
Specifics about the timing of closings and liquidation for U.S. locations were not immediately provided.
