Full list of Bodycare stores at risk of closure as company faces administration

"Health and beauty retailer Bodycare is facing administration, putting over 100 stores across the UK and 1,500 jobs at risk. It is anticipated that the retailer, which was established over 50 years ago on a Lancashire market stall, will appoint administrators from Interpath Advisory as early as Friday. Bodycare, which specialises in offering skincare, cosmetics, toiletries, and fragrances, has over 1,500 employees and operates over 100 outlets nationwide."

"Baaj Capital, under the leadership of Jas Singh, recently obtained a 7 million loan secured by the chain's inventory. However, attempts to stabilise the business seem to be stalling. Interpath will likely increase its efforts to find buyers for some business segments as a result of the administrators' appointment. Administrators will take charge of the business when it is established and decide if it may be saved, sold, or shut down entirely."

"Widespread store closures, employment losses, and issues for suppliers could arise from this. Here's a list of Bodycare stores that are at risk of closing. Bodycare, Wood Green, The Mall Bodycare, Walthamstow, 15 Selborne Rd, E17 7JR Bodycare, Ilford, Unit 37, 38 Exchange centre, IG1 1RS Bodycare, Croydon, Centrale & Whitgate, Shopping Centre, 21 N End, CR0 1TY Ashton-under-Lyne Barnsley Banbury Barrow Bedford Beverley Blackburn Blackpool Birmingham Perry Barr Bolton Bradford Bridgnorth Bridlington Bristol Bromsgrove Burnley Burton Bury Cannock Carlisle Castleford Chelmsford Chester Chesterfield Chorley"

Bodycare has entered a precarious financial position with administrators from Interpath Advisory expected to be appointed imminently, placing over 100 stores and about 1,500 jobs at risk. The chain was founded over 50 years ago and specialises in skincare, cosmetics, toiletries, and fragrances. Baaj Capital provided a £7 million loan secured against inventory, but stabilisation efforts appear to be stalling. Administrators will assess options to save, sell, or close the business and will seek potential buyers for parts of the operation. Significant store closures, staff redundancies, and supplier impacts are possible if no rescue is found.

Read at www.standard.co.uk