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Market News

28Mar2008
 

Shoppers to Open New Beauty Stores

Shoppers Drug Mart is going after a higher stake in the Canadian beauty market by launching a new store banner. Aside from a full-service pharmacy, the new stores are intended to offer an upscale beauty experience with an extensive selection of skin care and dermatological products, full range of prestige cosmetics and fragrance brands. The new banners will not run under the Shoppers Drug Mart name, though a new name has not been made public. Source: Canadian Grocer E-Newsletter, March 28, 2008.