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The Body Shop Closes All US Stores After Filing for Bankruptcy

1 min read
Source: NBC News
The Body Shop Closes All US Stores After Filing for Bankruptcy
Photo: NBC News
TL;DR

The Body Shop is closing its U.S. stores and filing for Chapter 7 bankruptcy, with plans to liquidate assets to pay off creditors. The U.K.-based beauty chain had also filed for restructuring in the U.K. and Canada, with some stores in those countries remaining open. The company, which was acquired by L'Oréal in 2006 and then a private equity group in December, faced financial challenges and a difficult retail environment before collapsing in February.

Topics:business#bankruptcy#business-retail#restructuring#retail#the-body-shop#us-operations
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  1. The Body Shop shuts down in the U.S. after filing for bankruptcy  NBC News
  2. The Body Shop is closing down all US operations after filing for bankruptcy  The Hill
  3. The Body Shop files for bankruptcy in the US and Canada  The Guardian
  4. The Body Shop shutters all store locations in United States as chain files for bankruptcy  USA TODAY
  5. The Body Shop filed for bankruptcy — Shop favorites on sale on Amazon  New York Post

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