Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show
The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into debt, according to court documents.
![Body Shop Canada to lay off 200 workers after parent company took its cash, court docs show](https://i.cbc.ca/1.7131457.1709324319!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/body-shop-canada.jpg)
![A Body Shop storefront is shown with a sale sign in the window in Toronto, on March 1, 2024. It's one of the 33 stores that the cosmetics company will sell as it files for creditor protection. A woman and her dog walk by a storefront with a sign reading The Body Shop.](https://i.cbc.ca/1.7131457.1709324319!/fileImage/httpImage/image.jpg_gen/derivatives/16x9_620/body-shop-canada.jpg)
The Body Shop Canada Ltd. is seeking creditor protection and closing a third of its stores because its parent company stripped the Canadian arm of cash and pushed it into debt, according to court documents.