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Ahead of Ulta Initiative, Target Sells Skincare Retailer

Target is selling Dermstore, a high-end skincare and beauty retailer, to a U.K. ecommerce company. “The deal comes as Target is about to embark on a major beauty initiative,” per Drug Store News. “In November, the discounter and Ulta Beauty entered into a deal to open Ulta-branded makeup and skincare shops inside hundreds of Target stores nationwide. Target will also offer an online version of the Ulta experience on its website.”

Read the whole story at Drug Store News »

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