Bodycare’s collapse into administration, with 32 UK store closures and 450 job losses, underscores the deepening crisis in high street retail.
While the Derby store survives, outlets in Loughborough, Croydon, and Cannock will shut permanently.
Owned by Baaj Capital since 2021, Bodycare struggled despite a £7 million debt facility, with Interpath Advisory managing the process.
The retailer’s website is offline, and customers on X lamented the loss of affordable beauty products.
The closures align with broader retail challenges, as seen with Wilko, driven by rising costs and shifting consumer habits.
Economic pressures, including a 27-year high in borrowing costs at 5.72%, compound the issue, with warnings of a fiscal “doom loop.” Keir Starmer’s government faces calls for economic reforms to support retailers, as the high street’s decline threatens jobs and local economies.
Bodycare’s 32 store closures deepen the UK retail crisis, threatening jobs and high street vitality.
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Bodycare’s administration, closing 32 UK stores, highlights broader challenges for high street retailers.
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Bodycare’s closure of 32 stores signals a deepening crisis for UK high street retail amid economic pressures.
The Derby Bodycare store is safe, but 32 other UK stores will close following the company’s administration.
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