The Body Shop Canada explores sale amid low inventory [Video]

TORONTO –

The Body Shop Canada is exploring a sale as it struggles to get its hands on enough inventory to keep up with “robust” sales after announcing it would file for creditor protection and close 33 stores.

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In an April 8 affidavit filed in a Toronto court on Monday, the head of the retailer’s Canadian operations said he has seen a “sufficient level of interest” in the business from parties to believe the company should pursue a sale.

Jordan Searle did not name who is interested in buying the skin care and cosmetics business that’s been in Canada since 1980. He and the company’s lawyers did not immediately respond to a request for comment.

Exploration of a sale marks the latest chapter for the beleaguered retailer, which announced plans to seek creditor protection at the start of March when its U.S. affiliate Buth-Na-Bodhaige Inc. also revealed it would close.

Parent company The Body Shop International, filed for …