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The Body Shop is closing nearly half of its stores in the UK after less than a year in the business.
The chain announced last week that it would close seven of its stores in England, Scotland, and Wales, leaving about 200 workers out of a job, the Guardian reports.
The chain, which was bought by private equity firm Aurelius last year, said it would continue to sell products under the Body Shop brand but would shift its focus to online sales and wholesale strategies.
(The Body Shop is owned by French consumer goods giant Danone.)
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A customized collection of grant news from foundations and the federal government from around the Web.
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Social Entrepreneurship
Spotlight
Tom’s Partner with Make It Right to Build Sustainable Homes for People in Need
Tom’s, the social enterprise popular for its shoes, has released a pair of shoes and a pair of shades to benefit Make It Right, a nonprofit founded by Brad Pitt in 2007 that builds affordable, green homes, buildings and communities for underserved and low-income populations.
