Toppers Spa, a regional chain offering massages, facials and manicures, has closed all locations and filed for bankruptcy, The Philadelphia Inquirer reported. The company, which had been in business for over 40 years, had locations in Pennsylvania, New Jersey and Delaware. The business opened in 1981. To remain open, the company had sought external financing and loans, the statement noted. In 2020, the Newtown location closed, followed by the location near Rittenhouse Square in 2021 and Devon in 2022. The last remaining locations in Marlton and Dover closed on April 28. On July 7, the company filed for chapter 7 in the U.S. Bankruptcy Court for the Eastern District of Pennsylvania. According to the filing, Toppers Salon & Health Spa Inc. has up to 49 creditors, and its estimated liabilities are valued between $1,000,001 and $10 million. The company has estimated assets between $0 and $50,000. A creditors meeting is scheduled for Aug. 16, when company representatives will be questioned.
