The Body Shop Canada explores sale as demand outpaces inventory: court filing

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In an affidavit, the head of the retailer’s Canadian operations says he has seen enough interest in the business from unspecified parties to believe the company should pursue a sale

The Body Shop Canada is exploring a sale as it struggles to get its hands on enough inventory to keep up with “robust” sales after announcing it would file for creditor protection and close 33 stores.

Jordan Searle says it’s unclear whether parent company The Body Shop International Ltd. will support a sale or try to preserve the retailer’s Canadian operations.

 

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