Modern Retail Rundown: The Body Shop shuts down U.S. business, Outdoor Voices closes stores & apparel C-suite shakeups

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This week on the Modern Retail Rundown: The Body Shop filed for bankruptcy and announced it’s closing down all U.S. operations. In a surprise move, Outdoor Voices is also closing all its stores — with plans to remain an online-only DTC brand. This week also saw a number of C-suite shakeups across apparel and footwear, including Allbirds and Under Armour announcing new CEOs.