British cosmetics company The Body Shop has announced the closure of all its US-based operations and the impending shutdown of dozens of its Canadian stores as it files for bankruptcy. This decision comes as a result of the challenging economic environment, with high inflation taking a toll on traditional retailers like The Body Shop.
Thirty-three stores in Canada will begin liquidation sales immediately, marking the beginning of the end for these locations. Despite this, all stores will remain open for the time being as the company navigates through this difficult period.