Skip to main content

The Body Shop closing 5 Alberta stores, liquidating stock

A woman passes a Body Shop cosmetics store at the airport in Frankfurt, central Germany, Friday, March 17, 2006. (AP Photo/Michael Probst) A woman passes a Body Shop cosmetics store at the airport in Frankfurt, central Germany, Friday, March 17, 2006. (AP Photo/Michael Probst)
Share

The Body Shop Canada is shutting down and liquidating stock at five Alberta stores as part of restructuring proceedings.

The beauty brand will begin liquidation sales at 33 of its 105 stores across Canada, including:

  • Sunridge Mall in Calgary;
  • Londonderry Mall in Edmonton;
  • Park Place in Lethbridge;
  • Medicine Hat Mall in Medicine Hat; and
  • Lloyd Mall in Lloydminster.

The Body Shop Canada Limited announced it commenced restructuring by filing for bankruptcy protection, in a news release Friday.

“The Body Shop Canada is commencing this (Notice of Intent) process to obtain a stay of proceedings to provide additional breathing room while it evaluates its strategic alternatives and implements certain restructuring initiatives,” The company said in a news release.

It will also be ceasing online sales. Its United States arm, The Body Shop US Limited, ceased operations effective Friday.

The company was acquired from Natura & Co. by AURELIUS GROUP in December 2023.

The moves come weeks after the company’s parent, The Body Shop International Ltd., filed for administration – a process that allows companies to restructure or wind down without paying off its debts – in the U.K.

With files from The Canadian Press

CTVNews.ca Top Stories

BUDGET 2024

BUDGET 2024 Feds cutting 5,000 public service jobs, looking to turn underused buildings into housing

Five thousand public service jobs will be cut over the next four years, while underused federal office buildings, Canada Post properties and the National Defence Medical Centre in Ottawa could be turned into new housing units, as the federal government looks to find billions of dollars in savings and boost the country's housing portfolio.

Lululemon unveils first summer kit for Canada's Olympic and Paralympic teams

Lululemon showed off its collection for the Summer Olympics and Paralympics on Tuesday at the Liberty Grand entertainment complex. Athletes sported a variety of selections during a fashion show that featured garments to be worn on the podium, during opening and closing ceremonies, media interviews and daily life on the ground in France.

Stay Connected