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. An affidavit published through the company’s court monitor from Jordan Searle, who heads the Canadian arm, describes how troubles befell … Read more

Ana’s Norwegian Bakeri closes 16th Street Mall, Centennial shops

Ana Fanakra sat in her bakery on the 16th Street Mall on what turned out to be its last day in business, Feb. 3, waiting for customers. But not many came, and she decided to close up early. “We had really low sales that day,” she said. “We hadn’t even made $100 yet, which was … Read more

From cult status to closure fears — what happened to The Body Shop?

It’s a store you know by scent. For decades, the sometimes-overwhelming aroma of The Body Shop’s satsuma soaps and coconut body butters have wafted through mall concourses, as much a staple to the culture as the food court. The U.K.-based beauty and cosmetics shop has more than 3,000 retail locations in 70 countries, including 110 standalone … Read more

Competition Bureau investigating restrictive real estate clauses in Canadian grocery sector

Business The Competition Bureau says it’s investigating the use of property clauses, which limit how real estate can be used by competitors, in the Canadian grocery sector. Watchdog says clauses make it harder for new supermarkets to open The Canadian Press · Posted: Feb 08, 2024 3:09 PM EST | Last Updated: 9 hours ago … Read more