Metro Jacksonville

Community => Business => Topic started by: thelakelander on January 09, 2015, 03:35:35 PM

Title: Jax-based Body Central leaving this side of life; shutting down entire operation
Post by: thelakelander on January 09, 2015, 03:35:35 PM
2,500 jobs will be lost.

QuoteBody Central going out of business, stores closing this weekend

By Mark Basch, Contributing Writer

Body Central Corp. is going out of business, closing its remaining stores this weekend after failing to find additional capital, an attorney for the company said Friday.

The Jacksonville-based fashion retailer earlier this week said it was facing severe liquidity issues that could force it to file for a Chapter 11 bankruptcy reorganization.

Instead, it entered into an Assignment for the Benefit of Creditors with a firm that handles liquidation and workouts for troubled firms.
Title: Re: Jax-based Body Central leaving this side of life; shutting down entire operation
Post by: Coolyfett on January 10, 2015, 07:15:42 PM
Damn I knew it, when I saw what there stock did the last 2 years...I knew this was coming.
Title: Re: Jax-based Body Central leaving this side of life; shutting down entire operation
Post by: Noone on January 11, 2015, 11:38:14 AM
Drove by that place yesterday on Powers Ave. Made it a point to use a different route from Baymeadows Rd. heading back to Downtown. Too bad they weren't offered incentives to move Downtown or were they?