The Body Shop to Close 75 UK Stores, Cutting Nearly 500 Jobs
The iconic beauty retailer's UK operations face a major downsizing as it enters administration, with plans to keep 116 stores open.
- Nearly 500 employees will be made redundant as The Body Shop shuts down 75 stores across the UK.
- The closures are part of a restructuring effort aimed at stabilizing the business and ensuring its long-term sustainability.
- Affected staff are encouraged to seek support through the government's redundancy payments service.
- The Body Shop's administration follows a period of poor sales and challenges in the competitive beauty market.
- The restructuring does not impact The Body Shop's global operations, which continue to trade as normal.