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Bodycare to Close Another 30 Shops
Bodycare will close 30 more UK stores, resulting in 130 job losses, while administrators seek buyers to preserve the remaining 85 shops amid financial challenges.
- Bodycare, a Lancashire-based beauty retailer founded in 1970, is closing another 30 shops this week after entering administration on September 5.
- The closures follow initial shutdowns of 32 stores that resulted in 450 job losses due to rising costs and inventory shortfalls making all 115 remaining stores unviable to operate.
- Administrators from Interpath, appointed on September 5, reported receiving interest from multiple parties and are working to safeguard the core operations of the business while continuing to run 85 stores.
- Nick Holloway, managing director of Interpath, thanked Bodycare employees for their dedication and confirmed that the company will keep operating the 85 stores still open while talks with potential buyers are ongoing.
- The extended closures will make about 235 more employees redundant and underscore challenges facing local shops amid rising operational expenses and stock shortages.
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38 Articles
38 Articles
Coverage Details
Total News Sources38
Leaning Left4Leaning Right1Center26Last UpdatedBias Distribution84% Center
Bias Distribution
- 84% of the sources are Center
84% Center
13%
C 84%
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