Jax-based Body Central leaving this side of life; shutting down entire operation

Started by thelakelander, January 09, 2015, 03:35:35 PM

thelakelander

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.
"A man who views the world the same at 50 as he did at 20 has wasted 30 years of his life." - Muhammad Ali

Coolyfett

Damn I knew it, when I saw what there stock did the last 2 years...I knew this was coming.
Mike Hogan Destruction Eruption!

Noone

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?