[arista]

Tragic another big store all over the UK
going under.

The thing is
most supermarkets sell body shop-type
health food and pills.


[The Body Shop's UK business is set to
appoint administrators this week,
in a move likely to result in
shop closures and job losses.
The owner of the company,
set up in 1976 by the late Dame Anita Roddick,
is expected to appoint experts
to significantly restructure the retailer.

The Body Shop was bought by private
equity firm Aurelius just weeks ago.

It is understood that trading over
the key Christmas period and into
January was not as strong as hoped.

It also emerged that the Body Shop had
insufficient working capital.
The retailer's British business has more than
200 shops in the UK as well as
its headquarters in London.
The Body Shop also employs a
significant number of staff.

Restructuring expert FRP Advisory
is likely to be appointed as the
administrator in the coming days.]




https://www.bbc.co.uk/news/business-68261784