Retail news

• Job losses likely as The Body Shop lines up administrators

  11-02-2024 16:36
  
  Some of chain’s 200 UK stores expected to shut following weak trading over Christmas and JanuaryThe Body Shop, the skincare and cosmetics retailer founded by the campaigner Anita Roddick in the 1970s, is set to appoint administrators in a move likely to result in lost jobs and shop closures.The pan-European private equity investor Aurelius bought the company six weeks before Christmas but said trading over the festive period and early January had been weak. Continue reading...
  
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• How supermarkets make you pay more – podcast

  11-02-2024 15:00
  
  We’re all paying more for groceries in a cost-of-living crisis because supermarkets are hiking prices higher than they need to. That’s according to one of the foremost competition experts in Australia, Prof Allan Fels, who presented a scathing report on price gouging last week.It’s the first of a number of inquiries to be held this year examining how supermarkets set their prices and the tactics they use to increase profits. Senior business reporter Jonathan Barrett tells Jane
  
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