Bodycare to shut remaining stores with loss of 444 jobs

"All remaining Bodycare stores are to close with the loss of 444 jobs after the health and beauty chain's administrators failed to find a buyer for the shops. The business, which fell into administration earlier this month, was "no longer viable to continue" trading because of "the shortage of stock and significant costs" associated with operating the stores, its administrators said."

"The joint administrators had been talking to "a number of parties who have expressed interest in the business, including interest in the Bodycare brand", the spokesperson said. "While these discussions remain ongoing, it is with regret that the administrators confirm that a sale of the stores is now unlikely." Nick Holloway, managing director at Interpath and joint administrator, said they would "continue to explore options for the company's assets, including the Bodycare brand, and will provide further updates in due course"."

All 56 remaining Bodycare stores will close with the loss of 444 jobs after administrators failed to find a buyer for the shops. The chain fell into administration earlier this month and was deemed no longer viable because of stock shortages and significant operating costs. Closures are expected to take place by Saturday. The administrators will continue to provide support to impacted employees and remain in discussions with parties interested in the Bodycare brand and other assets. More than 1,000 people have lost jobs since the retailer collapsed on 5 September. Bodycare was founded in Lancashire in 1970 and was known for bright, warehouse-style store displays.

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