Health food and supplements chain Holland & Barrett has been sold to Russian billionaire Mikhail Fridman’s L1 Retail for £1.77bn.
British beauty brand The Body Shop is on the market for £600m after its owner, L’Oreal, put it up for sale earlier this year.
As commercial centres become increasingly homogenised a new breed of shopping mall is challenging how we view retail therapy and offering an all-encompassing lifestyle experience in the city proper.
The Spring budget brought no relief for retailers today, instead underlining the difficulties they face over the next few years.
There are lies, damned lies, and statistics.
While Next is not the only retailer facing a challenging 2017, it has overlooked a fundamental issue – an aging customer base.