News Walthamstow

Walthamstow Body Shop to close down

The Selborne Walk store is among the 75 shops earmarked for closure over the coming weeks

Credit: Lily Dixon via Pexels

The Body Shop has confirmed that its Walthamstow store will close down in the next four to six weeks.

The store, which is inside 17&Central on Selborne Walk, is among a total of 75 stores earmarked for closure across the country. Body Shop’s 116 remaining stores will stay open, administrators said.

The nearest Body Shop staying open is in Westfield Stratford City.

The beleaguered beauty brand, which announced its intention to appoint administrators on 13th February, had been bought by private equity firm Aurelius Group in November.

The company suffered from sluggish Christmas and January sales, and as the BBC reported previously, was found to have insufficient working capital to meet its day-to-day expenses.

According to FRP Advisory, the administrators who are restructuring the company, a total of 489 staff will “regrettably” be made redundant from the planned store closures.

A worker at the Walthamstow store told the Echo that she had not been yet told when exactly the shop will close. FRP has said all impacted staff will be supported with claims to the Redundancy Payments Service.

In a statement, FRP said a “reduced store footprint will coincide with a renewed focus on [Body Shop’s] products, online sales channels and wholesale strategies” which will bring “the brand in line with industry peers and support a return to financial stability”.

Tony Wright, joint administrator, said: “In taking swift action to right-size The Body Shop UK store portfolio, we have stabilised the business and are providing the best opportunity for this iconic brand to have a long-term, sustainable future. The UK business continues to trade in administration, and we remain fully focused on exploring all options to take the business forward.”

The Echo needs you. No matter how small, your support makes a difference

Waltham Forest Echo is a community newspaper that holds authority to account, highlights inequality, promotes good causes, and provides a platform for local people. We do real local news with no paywalls, free to read for all. We can only do this with the continued support of our readers. If you can afford to, please consider supporting us with a small monthly, yearly or one-off contribution.

Monthly direct debit 

Annual direct debit

£5 per month supporters get a digital copy of each month’s paper before anyone else, £10 per month supporters get a digital copy of each month’s paper before anyone else and a print copy posted to them each month.  £50 annual supporters get a digital copy of each month's paper before anyone else.

Donate now with Pay Pal

More information on supporting us monthly or annually 

More Information about donations