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The UK retail sector is in crisis as Bodycare’s administration leads to 32 store closures, including Loughborough and Croydon, with 450 job losses.
The Derby store survives, but the chain, owned by Baaj Capital since 2021, collapsed despite a £7 million debt facility.
Interpath Advisory oversees the process, with Bodycare’s website offline and customers on X mourning affordable beauty products.
The closures reflect broader high street struggles, as seen with Wilko, driven by rising costs and shifting consumer habits.
Economic pressures, including borrowing costs at a 27-year high of 5.72%, and warnings of a fiscal “doom loop” amplify the challenge.
Keir Starmer’s government faces calls for reforms to support retailers, as the high street’s decline threatens local economies.
The November budget will be critical to addressing these economic woes and restoring retail confidence.




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