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November 14, 2005
By: TOM BRANNA
Editor
CANADA: Body Shop Canada has been approached by a third party regarding divesting its franchise network, said Barry Waite, a spokesman for the company. “It’s very preliminary,” Mr. Waite cautioned. “This is not the first time it’s been approached by a third party.” The name of the prospective buyer was not disclosed. Under pressure from rivals such as Shoppers Drug Mart Corp., Wal-Mart Canada Corp., Costco Wholesale Canada Ltd. and Loblaw Cos. Ltd. that also sell natural products, the owners o...
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