The Body Shop Announces Closure of Dozens of Stores in the UK and Canada
Monday, 11 March 2024, 17:26
The Body Shop's Restructuring Amid Financial Challenges
The Body Shop has taken its financial struggles seriously, leading to the cessation of U.S. operations and planned store closures in the UK and Canada. The announcement came as FRP, the appointed administrators, disclosed the imminent closure of 82 out of 198 stores in the UK over the coming weeks. The move is a part of The Body Shop International's strategy to reposition itself in the market amidst ongoing challenges.
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