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Target’s expansion of Beauty Concierge program reflects larger trend within beauty

BY Antoinette Alexander

Target has announced that it is expanding its Beauty Concierge program with approximately 200 stores implementing the program during 2013.

This is important as it reflects a larger trend that is taking place within mass-market beauty — retailers are becoming increasingly aggressive in elevating the beauty shopping experience at mass. With a melding of upscale décor, higher-end beauty brands, in-store services and innovative technology, they are working to become a beauty destination for savvy shoppers.

Such efforts are important as competition from specialty retailers and online retailing only becomes increasingly intense.

As previously reported by Drug Store News, Walgreens has an army of 26,000-plus beauty advisors across its store network. The beauty advisors are especially front and center in the retailer’s Look Boutiques. These upscale beauty departments not only feature prestige and niche beauty brands, but also offer such in-store beauty services as manicures and brow shaping.

And CVS/pharmacy also has some beauty advisors in its store locations nationwide.

There’s also Pharmaca Integrative Pharmacy, which has its Natural Beauty Bar in Los Angeles that offers such services as brow waxing and threading, as well as makeup and lash applications.

Clearly, mass-market retailers are stepping up their efforts in beauty, which makes this latest news from Target timely and important. It should also be noted that Target is no stranger to beefing up its beauty departments, as it has seen success with such exclusive offerings as Sonia Kashuk and Petra Strand.

 

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Dr. Reddy’s, Fujifilm end Japan generics deal

BY Alaric DeArment

HYDERABAD, India — Dr. Reddy’s Labs and Fujifilm have terminated a deal to market generic drugs in Japan, Dr. Reddy’s said Monday.

The two had signed a memorandum of understanding in June 2011 to establish a joint venture for developing and manufacturing generics in Japan. The ending of the deal was the result of Fujifilm changing its long-term strategy for the drug business, but Dr. Reddy’s said they would continue looking into opportunities for partnerships and alliances in other drug businesses.

"Unfortunately, we will not be able to partner with Fujifilm specifically for generic formulations business in Japan," Dr. Reddy’s chairman and CEO G.V. Prasad said. "However, I want to reinforce our commitment towards a planned entry into Japan to bring affordable and innovative drugs to more patients worldwide."


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Schnucks enhances computer network security

BY Alaric DeArment

ST. LOUIS — Schnuck Markets is enhancing the security of its computer network, the Midwestern supermarket chain said Monday.

Schnucks said the upgrades would not affect the operation of its stores, but that people sending emails to the company might experience delays.

The enhancement comes about two months after a cyberattack announced at the end of March in which the company’s payment card system was compromised. The company reported finding computer codes that captured the magnetic stripe data on the backs of credit and debit cards.


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