The Impact World This Week: 22 February 2024

credit: TRB Blogs

The Body Shop is closing nearly half of its stores in the UK after less than a year in the business.

The chain announced last week that it would close seven of its stores in England, Scotland, and Wales, leaving about 200 workers out of a job, the Guardian reports.

The chain, which was bought by private equity firm Aurelius last year, said it would continue to sell products under the Body Shop brand but would shift its focus to online sales and wholesale strategies.

(The Body Shop is owned by French consumer goods giant Danone.) Read the Entire Article

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