Summary
Beauty chain Bodycare is set to close 30 more stores after going into administration. Initially, 32 of its stores were closed, affecting 450 jobs. The company is still seeking buyers for its remaining stores, which face challenges due to high costs and low stock levels.
Key Facts
- Bodycare, a health and beauty retailer, has gone into administration.
- The company closed 32 stores in September, losing 450 jobs.
- An additional 30 stores will close soon, with 14 on Tuesday and 16 on Thursday.
- Administrators are attempting to sell the remaining 85 stores.
- Rising rents and operating costs have made it hard to maintain all stores.
- The company initially employed about 1,500 people.
- Bodycare was founded in Lancashire in 1970.
- The remaining stores will continue to trade while discussions with potential buyers take place.
