{"id":179496,"date":"2023-08-29T15:53:53","date_gmt":"2023-08-29T15:53:53","guid":{"rendered":"https:\/\/hotworldreport.com\/?p=179496"},"modified":"2023-08-29T15:53:53","modified_gmt":"2023-08-29T15:53:53","slug":"high-street-beauty-shop-could-be-sold-affecting-250-store-locations-the-sun","status":"publish","type":"post","link":"https:\/\/hotworldreport.com\/lifestyle\/high-street-beauty-shop-could-be-sold-affecting-250-store-locations-the-sun\/","title":{"rendered":"High street beauty shop could be SOLD affecting 250 store locations | The Sun"},"content":{"rendered":"<p>A WELL-KNOWN high street beauty shop with 250 locations could be put up for sale.<\/p>\n<p>In a filing yesterday, Natura and Co, which owns The Body Shop, said it had authorised bosses to explore &quot;strategic alternatives&quot; for the retailer.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/08\/logo-british-cosmetics-skin-care-840834969.jpg\"><\/p>\n<p>The Brazilian beauty conglomerate added the move could involve a &quot;potential sale&quot; of the business.<\/p>\n<p>However, it added there was &quot;no assurance&quot; its latest decision would lead to the company being bought out.<\/p>\n<p>It is not clear at this stage whether a sale of the company would see stores close or jobs lost.<\/p>\n<p>The news comes just weeks after Subway was sold to a private equity firm, The Wall Street Journal\u00a0reported, and as a number of high street retailers struggle amid surging energy costs and as consumers turn to online shopping.<\/p>\n<h2><span>Read more in Retail<\/span><\/h2>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/08\/empty-retail-unit-closed-down-839317455.jpg\"><\/p>\n<h3>High Street chain with 450 branches to abruptly close store for good within days<\/h3>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/08\/closed-sign-small-business-pandemic-839877865-1.jpg\"><\/p>\n<h3>Bargain supermarket with over 800 locations to shut stores in weeks<\/h3>\n<p>New Look recently announced it is shutting one branch in Aberdeen within days following a string of closures.<\/p>\n<p>Argos has closed branches in recent weeks too.<\/p>\n<\/p>\n<p>A number of retailers have crashed into administration as well this year.<\/p>\n<p>Cath Kidston was bought by Next in March after falling into administration, but the deal did not include its shops.<\/p>\n<h2>Most read in Money<\/h2>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/08\/2023-wilko-shop-staines-upon-840343661-3.jpg\"><\/picture>\n<section class=\"css-1r4x4sg\"><span>TO THE SHOPS <\/span><\/p>\n<h3>New Wilko rescue bid emerges as MoneySavingExpert warns of online scam<\/h3>\n<\/section>\n<p><\/span><span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/08\/new-look-logo-seen-outside-794185916.jpg\"><\/picture>\n<section class=\"css-1r4x4sg\"><span>THREAD BARE <\/span><\/p>\n<h3>Shoppers &#x27;absolutely gutted&#x27; as New Look announces store closure<\/h3>\n<\/section>\n<p><\/span><span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/08\/american-restaurant-chain-international-822091280-1.jpg\"><\/picture>\n<section class=\"css-1r4x4sg\"><span>LAST SLICE? <\/span><\/p>\n<h3>Future of Pizza Hut hangs in the balance as chain battles huge debt pile<\/h3>\n<\/section>\n<p><\/span><span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/www.thesun.co.uk\/wp-content\/uploads\/2023\/07\/fried-chicken-crispiest-flavorful-crunchy-829678226.jpg\"><\/picture>\n<section class=\"css-1r4x4sg\"><span>EAT UP <\/span><\/p>\n<h3>Fast food chain you&#x27;ve never heard of that&#x27;s &#x27;better than KFC&#x27; &#8211; prices start at 30p<\/h3>\n<\/section>\n<p><\/span><\/p>\n<p>It saw locations in London, Kent, Ellesmere Port and York shut to customers for good.<\/p>\n<p>Meanwhile, Paperchase went bust in January, with its 106 stores closing soon after.<\/p>\n<p>Most recently, Wilko fell into administration, putting 400 stores and 12,500 jobs at risk. But a recent bid could see them saved.<\/p>\n<p>But it&#x27;s not all bad news. A number of retailers have opened branches since last year or into 2023, or have plans to this year.<\/p>\n<p>New Look opened several shops across the UK in November 2022 while it has plans to open more in 2023.<\/p>\n<p>The retailer has stopped short of saying how many will open and where in the UK they will be though.<\/p>\n<p>Meanwhile, Poundland has plans to open 50 new stores in England by the end of September.<\/p>\n<p>The Body Shop opened its first UK store in 1976 in Brighton.<\/p>\n<p>Natura and Co is the fourth biggest beauty group in the world, employing 40,000 members of staff and operating in over 100 countries.<\/p>\n<p><strong>Do you have a money problem that needs sorting? Get in touch by emailing\u00a0money-sm@news.co.uk<\/strong>.<\/p>\n<p><strong>You can also join our new Sun Money Facebook group to share stories and tips and engage with the consumer team and other group\u00a0members.<\/strong><\/p>\n<p>Source: <a href=\"https:\/\/www.thesun.co.uk\/money\/23690046\/body-shop-sold-natura-and-co\/\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A WELL-KNOWN high street beauty shop with 250 locations could be put up for sale. In a filing yesterday, Natura and Co, which owns The Body Shop, said it had [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":179495,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>High street beauty shop could be SOLD affecting 250 store locations | The Sun - Hot World Report<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hotworldreport.com\/lifestyle\/high-street-beauty-shop-could-be-sold-affecting-250-store-locations-the-sun\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"High street beauty shop could be SOLD affecting 250 store locations | The Sun - Hot World Report\" \/>\n<meta property=\"og:description\" content=\"A WELL-KNOWN high street beauty shop with 250 locations could be put up for sale. 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