Retail Gazette

APRIL 15, 2024

The Body Shop administrators have been working on a deal to cut its tax bill in order to boost cash for creditors facing losses following its collapse. The creditors will benefit from a proposal to protect tax losses, which may be used to lower corporation tax due in the future, if The Body Shop can be rescued and continue solvent training.

Beauty and Health 105

Beauty and Health Planning Shopping 105

Retail Gazette

MARCH 5, 2024

Sainsbury’s has launched a branded shops concept on its website powered by its Nectar360 ecommerce media platform. The offering, which creates a ‘shop-in-shop’ experience that gives customers access to all of a brand’s products on one page, can be launched in 10 days and include up to 100 product listings.

Shopping 114

Shopping Supermarket Advertising Management 114

Retail Gazette

MARCH 3, 2024

The Body Shop administrators are investigating allegations that millions were taken out of the company prior to its collapse. FRP Advisory is looking into claims of unaccounted for funds that pre-date The Body Shop’s sale to Aurelius, with the investigation remaining at an early stage, according to The Telegraph.

Shopping 116

Shopping ATS 116

Retail Gazette

FEBRUARY 12, 2024

The Body Shop has filed a notice to appoint administrators in a move that will likely to lead to job losses and store closures. Private equity firm Aurelius purchased The Body Shop from Brazilian giant Natura in November for £207m. Private equity firm Aurelius purchased The Body Shop from Brazilian giant Natura in November for £207m.

Shopping 110

Shopping Planning Beauty and Health Management 110

Retail Gazette

JANUARY 15, 2024

Mike Ashley is eyeing an offer for Sheffield’s Meadowhall shopping center, which could be the retail tycoon’s most significant move into retail property to date. sq ft shopping centre up for sale last year with a reported asking price of £750m. Click here to sign up to Retail Gazette‘s free daily email newsletter

Shopping 119

Shopping 119

Retail Gazette

FEBRUARY 25, 2024

Next is considering a rescue bid to acquire parts of The Body Shop after the retailer’s UK operations were placed into administration earlier this month. The Body Shop owner Aurelius filed for administration of the retailer’s UK operations last week in a move to restructure the business.

Shopping 122

Shopping Wholesale Finance Returns 122

Retail Gazette

JANUARY 29, 2024

Ditching tax-free shopping for tourists is costing the UK £11.1bn and deterring around 2m foreign visitors per year, the Centre for Economics and Business Research (CEBR) revealed. The news comes as over 420 business leaders have called on the Prime Minister to reinstate tax-free shopping for tourists.

Shopping 131

Shopping Consumer 131

Retail Gazette

FEBRUARY 13, 2024

The Body Shop has formally appointed FRP as administrators, which it said would “accelerate restructuring” of its UK business. FRP said: “The Body Shop remains guided by its ambition to be a modern, dynamic beauty brand, relevant to customers and able to compete for the long term.

Shopping 120

Shopping ATS 120

Retail Gazette

APRIL 2, 2024

UK shop price inflation in March fell to the lowest level since December 2021 as retailers battled to win shoppers, the latest BRC-NielsenIQ Shop Price Index found. Click here to sign up to Retail Gazette‘s free daily email newsletter last month – down from 2.5% Non-food inflation fell to 0.2% in March, a drop from 1.3%

Shopping 126

Shopping Promotions Supermarket Consumer 126

Retail Gazette

MARCH 20, 2024

MPs have urged the insolvency watchdog to reveal the cost of The Body Shop’s collapse to taxpayers. Around 500 roles have been axed since The Body Shop’s collapse , with affected workers told to make claims through the Government-backed redundancy payments service – which is funded using National Insurance contributions.

Payment Services 105

Payment Services Shopping Beauty and Health ATS 105

Retail Gazette

FEBRUARY 21, 2024

Taxpayers are set to pay millions of pounds to sacked staff of The Body Shop as administrators manage a mass restructuring of the collapsed chain. The Body Shop’s stores on London’s Oxford Street and Canary Wharf, as well as Ashford Town Centre in Kent and Queens Road in Bristol are among the seven that closed earlier this week.

Shopping 122

Shopping Payment Services Location Management 122

Retail Gazette

FEBRUARY 29, 2024

The Body Shop administrators have confirmed that an additional 75 stores will close, putting more than 400 jobs at risk, as it continues to restructure the retailer’s UK business. It also announced the immediate closure of seven Body Shop stores, including London’s Oxford Street and Canary Wharf stores, two weeks ago.

Shopping 122

Shopping Wholesale Returns Planning 122

Retail Gazette

OCTOBER 13, 2023

Iceland Foods and The Range have extended their partnership by introducing further “shop in shop” formats. The move means the “shop in shop” partnership has been opened in 113 stores since starting in 2018 with just three stores.

Shopping 111

Shopping Supermarket Wholesale ATS 111

Retail Gazette

JANUARY 26, 2024

The Fragrance Shop had a record-breaking Christmas as sales soared. “We will persist in our investments to expand both digitally and physically, ensuring our customers enjoy the premium shopping environment they demand.” Revenue jumped 6.5%

Shopping 105

Shopping Beauty and Health Consumer ATS 105

Retail Gazette

FEBRUARY 18, 2024

The Body Shop’s fair trade suppliers, who work with vulnerable people from the Amazon and Africa, say they have been left with more than £792,000 ($1m) worth of beauty ingredients that may never be ordered or paid for. Click here to sign up to Retail Gazette‘s free daily email newsletter

Shopping 122

Shopping ATS 122

Retail Gazette

MARCH 14, 2024

Large scale retail restructuring and administrations such as Wilko led to a net of 14 store closures a day last year with 5,000 fewer shops now trading across the UK. Click here to sign up to Retail Gazette‘s free daily email newsletter

Shopping 110

Shopping Accounting ATS 110

Retail Gazette

FEBRUARY 22, 2024

WHSmith and Holland & Barrett are among the retailers encouraging staff affected by store closures and redundancies announced by The Body Shop to apply for current job vacancies. Click here to sign up to Retail Gazette‘s free daily email newsletter

Shopping 105

Shopping Finance ATS 105

Retail Gazette

OCTOBER 4, 2023

The number of American candy and souvenir shops along Oxford Street has dropped from a peak of 29 to 21 following a crackdown by Westminster City Council. We have ramped up the pressure on Candy stores, souvenir and vape shops, to make clear the status quo is not acceptable,” it said. in unpaid business rates.

Shopping 128

Shopping ATS 128

Retail Gazette

FEBRUARY 11, 2024

The Body Shop is preparing to appoint administrators for its UK operation as soon as next week. The administration process for the British arm will not impact The Body Shop’s global franchise partners, one insider claimed. Click here to sign up to Retail Gazette‘s free daily email newsletter

Shopping 111

Shopping Beauty and Health Management ATS 111

Retail Gazette

FEBRUARY 9, 2024

The former owner of The Body Shop Natura & Co has written to the retailer’s new owner Aurelius over unpaid bonuses worth up to £3m owed to former employees. More than 20 former Body Shop employees are owed bonuses collectively worth between £2m and £3m.

Shopping 110

Shopping Management ATS 110

Retail Gazette

FEBRUARY 27, 2024

Shop price inflation dropped for the second consecutive month in February, hitting its lowest point of annual growth since March 2022. The latest BRC-NielsenIQ Shop Price Index found annual shop prices were down to 2.5% Shop prices eased to 2.9% Click here to sign up to Retail Gazette‘s free daily email newsletter

Drop-Shipping 119

Drop-Shipping Shopping Shipping Consumer 119

Retail Gazette

MARCH 12, 2024

The Perfume Shop enjoyed strong sales in the run up to Mother’s Day as consumers snapped up classic fragrances and gift sets to celebrate. The Perfume Shop noted its busiest day online fell on 3 March, reporting a 24.9% ” In February, The Perfume Shop reported an 18% surge in sales around its Valentine’s Day campaign.

Shopping 104

Shopping Promotions Management Consumer 104

Retail Gazette

FEBRUARY 15, 2024

The gap between the number of international visitors in London and the spending associated with them widened in the final quarter of last year, sparking calls for the government to reinstate tax-free shopping. Click here to sign up to Retail Gazette‘s free daily email newsletter

Returns 116

Returns Shopping ATS 116

Retail Gazette

AUGUST 30, 2023

John Lewis has opened its online Christmas shop as searches for festive products more than doubled over the summer compared to last year. ” Last year, John Lewis unveiled its online Christmas shop 10 days earlier than planned due to the uptick in festive-related searches which had more than quadrupled compared to the year before. .

Shopping 116

Shopping Planning Department Stores 116

Retail Gazette

MARCH 3, 2024

Theft and violence against shop workers in convenience stores across the UK have increased more than fivefold, new data shows. Incidents of violence were also up, with 76,000 cases reported in shops last year compared to 41,000 the year before. Click here to sign up to Retail Gazette‘s free daily email newsletter

Shopping 110

Shopping Planning 110

Retail Gazette

MARCH 7, 2024

M&S is bringing Nobody’s Child pop-up shops to 48 more stores across the UK from this month, bringing its total to 60. As well as bringing the label back to popular locations, including Trafford Manchester, the pop-up shops launch in 24 new locations across the UK, including Bath, Edinburgh, and Nottingham.

Shopping 124

Shopping Location ATS Fashion 124

Retail Gazette

NOVEMBER 8, 2023

Waitrose is investing in delivering personalised online shopping that will improve the online search and browsing experience using AI tools. Click here to sign up to Retail Gazette‘s free daily email newsletter ” Burbedge said the tools should help customers with meal planning too.

Shopping 116

Shopping Grocer Supermarket Advertising 116

Retail Gazette

JANUARY 31, 2024

The Body Shop is set to sell parts of its Europe and Asia business under the new ownership of private equity firm Aurelius. The parts of The Body Shop being sold make up around 14% of its external global sales and will not impact its UK operations or its global head franchise partners operating at a country or territory level.

Shopping 98

Shopping Beauty and Health Marketing Management 98

Retail Gazette

FEBRUARY 14, 2024

The Body Shop owner Aurelius is first in line for a payout after it put the business into administration, despite previously pledging to “drive operational improvements and re-energise” the company. In November, Aurelius purchased The Body Shop and promised to revive the business.

Shopping 105

Shopping Beauty and Health ATS 105

Retail Gazette

JANUARY 8, 2024

The Perfume Shop has invested £2.5m Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning The Perfume Shop managing director Gill Smith said the scale of the investment demonstrates the group’s commitment to its customers, communities, and colleagues.

Shopping 110

Shopping Management ATS 110

Retail Gazette

MARCH 22, 2024

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning The retailer also confirmed all of its shops across England and Wales would be shut on Easter Sunday. Click here to sign up to Retail Gazette‘s free daily email newsletter own-label chocolate eggs over the season.

Grocer 110

Grocer Shopping Supermarket 110

Retail Gazette

FEBRUARY 13, 2024

Daily incidents against shop workers shot up 50% to 1,300 in 2023, new British Retail Consortium (BRC) figures have indicated. Click here to sign up to Retail Gazette‘s free daily email newsletter The government is being called to bring in tougher measures against attacks on retail staff, as violence soars.

Shopping 105

Shopping 105

Retail Gazette

DECEMBER 1, 2023

Cosmetics retailer The Body Shop has reignited its fight against animal testing with its long-term partners, Cruelty Free International. Click here to sign up to Retail Gazette‘s free daily email newsletter The company is bringing back its campaign 25 years after the UK’s absolute ban on animal testing was passed in 1998.

Shopping 110

Shopping Beauty and Health 110

Retail Gazette

NOVEMBER 12, 2023

Ikea owner Ingka Group has acquired its second UK shopping centre, in Brighton, as the business targets city centres for new stores. We’ve proven in Hammersmith that traditional shopping centres have a strong future when they are adapted and constantly evolving to match the real needs of local communities.”

Shopping 119

Shopping Management 119

Retail Gazette

OCTOBER 16, 2023

Orlando Capital has joined the running to snap up The Body Shop, according to Retail Week. Natura bought The Body Shop in 2017 from previous owner L’Oréal but has struggled to maintain its profitability. Earlier this month, Natura & Co set the final deadline for The Body Shop bids as October 23.

Shopping 109

Shopping Returns 109

Retail Gazette

AUGUST 29, 2023

The Body Shop owner Natura & Co is considering a possible sale of the UK retailer after struggling to revive its fortunes post-pandemic. Executives told analysts earlier this month that The Body Shop had weighed on the company’s bottom line as consumers shifted spending following the pandemic.

Shopping 111

Shopping Returns Consumer ATS 111

Retail Gazette

OCTOBER 3, 2023

Lloyds Pharmacy owner Aurelius Group is in the running to buy The Body Shop. Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning The Body Shop’s owner, Brazilian cosmetics giant Natura, put the chain up for sale last month.

Shopping 105

Shopping Management Consumer 105