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The Body Shop: What went wrong for the pioneering beauty chain?

Retail Gazette

The ethical beauty retailer’s former chief executive David Boynton described the news on LinkedIn as a “totally avoidable tragedy”, while others labelled it as “disappointing” and another “blow for the high street”. Retail Gazette takes a look at how one of the sector’s most pioneering beauty retailers ended up in this position.

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Wholesale Christmas Holiday Gifts 2023

Independent Retailer

The holiday season of 2023 is sure to be an exciting time for retailers, as consumers continue to look for the latest trends in wholesale products. To help them prepare, here are some predictions regarding upcoming wholesale product trends for the holidays this year. There’s a lot of shopping that is mobile-only.

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BREAKING: The Body Shop to axe half of stores and 40% of head office jobs

Retail Gazette

The ethical beauty chain will also axe around 40% of head office roles, to around 400 full-time staff. Despite offloading much of its international business, the retailer said that ita franchise and wholesale partners would be a “cornerstone of future success” for The Body Shop.

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Top 10 Closeout & Liquidation Suppliers

Independent Retailer

Sourcing closeout and liquidation wholesale suppliers is a great way for retailers to purchase merchandise on a budget. Many of these companies get their products from retailers that are going out of business, from unwanted customer returns, or shelf pulls — ultimately offering you the best deal for these cheaply-sourced items.

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The Body Shop: 489 jobs lost as administrators shut 75 more stores

Retail Gazette

The ethical beauty chain’s owner Aurelius called in administrators for the UK business earlier this month, which it said would “accelerate restructuring” of the company. The UK business continues to trade in administration, and we remain fully focused on exploring all options to take the business forward.”

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Next eyes rescue bid for The Body Shop

Retail Gazette

Next is said to have been monitoring the ethical beauty retailer for a while, but people close to the group confirmed it had expressed an interest in assembling a deal. The Body Shop owner Aurelius filed for administration of the retailer’s UK operations last week in a move to restructure the business.

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Chemist Warehouse founder Jack Gance shares the secrets to success

Inside Retail

A reinvigorated return At this time Jack “semi-retired” and did an MBA. This reinvigorated his interest in entrepreneurship and he returned to the family business, looking at it with a fresh viewpoint. “I They would promote products that were giving them the biggest margin, but not necessarily the biggest margin for the retailer.