The Body Shop Closing Over 100 Stores in UK, Canada, Exiting US Due to Financial Struggles

The Body Shop has ceased operations in the US and is closing 33 stores in Canada due to financial struggles
The brand's UK parent company has appointed administrators and plans to close 82 of 198 UK stores over the next 5 weeks
The Body Shop Canada has filed for bankruptcy protection to evaluate options and implement restructuring
The Body Shop was founded in 1976 by Anita Roddick and promoted ethical business practices
The brand grew rapidly but has changed ownership several times since 2006, most recently being sold to a private equity firm