Our content is fact checked by our senior editorial staff to reflect accuracy and ensure our readers get sound information and advice to make the smartest, healthiest choices.
We adhere to structured guidelines for sourcing information and linking to other resources, including scientific studies and medical journals.If you think back to a trip to the mall even just a few years ago, there's a good chance many of the stores you remember seeing wouldn't be around today. Drastic changes in the retail industry have seen many shops scale back their brick-and-mortar presence just to stay afloat, including some big.
"L'Oreal knows how to use brands," Portas told the BBC." it did not know how to run a retailer, and so the soul went out of it."in over 80 countries as of last year, CNN reports. But more recently, it began to struggle with flagging sales and increased competition. "The Body Shop itself hasn't really evolved its concepts, but all its competitors have come up behind it and not only have the advantage of sustainability, but some also have really beautiful branding,", retail expert and chief executive at Rendle Intelligence and Insights, told the BBC." hasn't actually deteriorated, but it hasn't moved.
"The Body Shop has faced an extended period of financial challenges under past owners, coinciding with a difficult trading environment for the wider retail sector," the administrators said in a statement at the time.reports. The company said it had also initiated liquidation sales at 33 of the 105 stores it operates in Canada and would stop all online sales within the country immediately.
Source: Healthcare Press (healthcarepress.net)