
With the downturn in housing sales, the hike in the cost of raw materials and the general promotional atmosphere in retail stores, one might think that the struggling home-improvement stores would be aggressively discounting products, but that is not the case.
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CVS Caremark Corp will be testing a new store concept of "prestige beauty" products normally only found at department stores. Women's Wear Daily (WWD) reported that the stores will be named Beauty 360 and will be built either along side of existing CVS pharmacies or set up as separate stores inside the stores.
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