article thumbnail

The Body Shop Australia facing ‘cashflow crisis’

Inside Retail

Credible reports suggest The Body Shop Australian business is facing a cashflow crisis as a result of the collapse of the UK parent company. The Body Shop operates about 100 stores in Australia and is said to be the most profitable international arm of the stricken business.

Shopping 290
article thumbnail

The Cheesecake Shop sold to Aussie investment firm

Inside Retail

The Cheesecake Shop is to have new owners. Aussie based investment River Capital has entered into an agreement to acquire The Cheesecake Shop Group (TCS) for an undisclosed amount from existing owners PAG Asia Capital. The post The Cheesecake Shop sold to Aussie investment firm appeared first on Inside Retail.

Shopping 297
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Natura & Co sells The Body Shop to Aurelius for US$259 million

Inside Retail

Beauty brand The Body Shop has been acquired by pan-European alternative investment firm Aurelius from Natura & Co for £207 million (US$258.69 The Body Shop has over 900 company-owned stores across 20 countries and has partnerships with franchisees operating 1600 stores in additional 69 geographies.

Shopping 261
article thumbnail

TK Maxx opens first WA store, at Ocean Keys Shopping Centre

Inside Retail

Discount retail store TK Maxx has opened a store at Ocean Keys Shopping Centre in Clarkson, marking its entry into the WA market. This is TK Maxx’s 78th store in Australia since it started its operations in the country in 2017. TK Maxx is a subsidiary of US-headquartered apparel and home fashion discount retailer TJX Companies.

Shopping 246
article thumbnail

Reject Shop brushes off wage theft class action as ‘immaterial’

Inside Retail

Discount retailer The Reject Shop is facing a class action lawsuit for “purported underpayments” to staff, launched by specialist law firm Adero Law Between February 2016 and April 2021, seven former employees of the discount retailer allege underpayment during their employment with the company.

Shopping 242
article thumbnail

No longer a “hot new thing”: Why AR shopping is here to stay

Inside Retail

“When it comes to makeup, I always say, ‘use without caution,’ and now you can shop without caution, too.” However, beauty brands and other companies in various retail sectors have been integrating AR technology into the consumer shopping experience since well before 2020.

Shopping 245
article thumbnail

TK Maxx to open first store in Perth

Inside Retail

Discount retailer TK Maxx is set to open its first store in Perth’s Ocean Keys Shopping Centre, Clarkson on October 5. Since its expansion into Australia in 2017, the retailer has opened 78 stores including the new TK Maxx store in WA.

Expansion 279