TARGET ON THE MOVE; ACQUIRES DERMSTORE
Mega retailer Target has set it eyes on a new bullseye—DermStore.com, a leading online source for the latest in skincare and cosmeceuticals. Last week, the stylish Minneapolis-based superstore announced it has entered into an agreement to purchase DermStore Beauty Group within 60 days.
So does that mean you will soon be seeing Target’s target on the DermStore website? Well, no. According to Target, DermStore will continue to operate as a separate entity and keep its name.
But if you read between the lines, the purchase most likely means that Target customers could be seeing new skincare brands on it’s shelves. “Not only will DermStore’s 750-plus brands offer Target expanded
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