More than 100 Body Shop stores have been saved from closure after a deal was struck to rescue one of Britain’s best known high street chains. The well-known retailer was bought out of administration by a consortium led by “Cosmetics King” Mike Jatania. The millionaire tycoon’s investment firm Aurea announced the completion of the acquisition...
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Category: Shopping
Huge new £294m shopping centre opening in Spanish city in boost for tourists
A new shopping centre is being developed in Spain with an estimated investment of over £294 million (€350 million). Valencia City Council has approved plans for a new shopping centre in Malilla next to the Neuva Fe. The project, which is scheduled to open by 2026, will cover more than 330,000 square metres and will...
Body Shop’s remaining UK stores saved after rescue deal agreed
The Body Shop has been rescued from administration by a consortium led by the British cosmetics tycoon Mike Jatania in a deal that will keep the ethical beauty brand’s remaining 113 UK stores trading. Auréa, the growth capital firm founded by Jatania and former UBS, Credit Suisse and Merrill Lynch executive Paul Raphael, said it...
New Body Shop owner lines up financing as rescue deal looms
The new owners of The Body Shop are lining up tens of millions of pounds in new financing as they finalise a deal to buy the chain out of administration. Sky News has learnt that Aurea, an investment company led by Mike Jatania, a cosmetics entrepreneur, is in advanced talks to secure more than £30m...
Amazon launches AI-powered shopping assistant Rufus in the UK
The new chatbot, which is initially being launched to a subset of customers in Amazon’s mobile app, has been trained on Amazon’s product catalogue and information from across the web to enable it to answer any shopping queries users have. The US tech giant said Rufus can help shoppers with broad research questions such as...
Primark to launch first ever Swap Shop initiative in selected UK stores
Created in partnership with circular clothing company, Verte, the limited run of pop-ups will launch this month in select Primark stores across the UK, including London, Manchester and Birmingham. The new experience will allow swappers to bring up to five items of adult clothing, bags, hats or scarves in good condition, to be assessed and...
Spain’s ‘pineapple-gate’ spark hopes of romance and shop chaos
A Spanish craze encouraging single people to seek partners in supermarkets by using a fruit-based code has caused some chaotic scenes and even led to the police being called to restore order. In recent days, many single Spaniards have been drawn to branches of supermarket chain Mercadona between 7pm-8pm by claims they can find romance...
Man found slumped dead at Sandwell Hospital coffee shop
An NHS Trust is investigating after reports a man was slumped dead over a table in a hospital coffee shop for several hours. The man, 36, was found dead at the table at Sandwell General Hospital in West Bromwich in July, The Sunday Times newspaper reported. It said members of the public and NHS staff,...
Shopping centre cordoned off and evacuated due to ‘security alert’
The Glades in Bromley was shut down on Friday (Picture: Rex) A shopping centre has been evacuated following reports of a ‘suspect package’ inside. Witnesses at The Glades in Bromley, south-east London, said ‘the alarms went off’ and people were ‘told to get outside’ as quickly as possible. Police arrived at the scene with sniffer...
Manchester arsonists set themselves on fire by mistake as they target Ancoats shop
A shop worker has said he was “glad there were no customers” in his family’s store when arsonists set it alight, getting scorched in the process. Dramatic footage shows the hooded trio, with their faces covered, walking into Zafs Go Local in Butler Street, Manchester, at about 17:40 BST on Sunday. One man pours petrol...
Prolific ex-shoplifter on stealing to order for other businesses
‘I stole to order’, £300-a-day former shoplifter tells BBC A former prolific shoplifter who stole goods worth “tens of thousands” of pounds has told a BBC investigation how he regularly sold the items to other shops. Ross, who has 15 convictions for shoplifting but has never been to prison, estimated he stole goods worth £300...
Crypto: ‘First’ person in UK charged with operating illegal ATM
The owner of a high street mobile phone shop has become the first person in the UK to be charged with operating an illegal cryptocurrency ATM, according to Kent Police. Officers carried out a search warrant at the Gadcet shop in Chatham’s High Street on 28 April 2023, where they said they seized a number...