Body Shop Canada's parent took its cash, pushed it $3.3M into debt, 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's parent took its cash, pushed it $3.3M into debt, court docs show
A woman and her dog walk by a storefront with a sign reading The Body Shop.

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.