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Podcast: レアジョブ英会話 Daily News Article Podcast
Episode: The Body Shop ceases US operations, with plans to close dozens of stores in the UK and Canada
Description: 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. And 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.
A spokesperson for FRP, the administrators hired by The Body Shop Int...