Company News

Drug Store Firm Starts New Cosmetics Chain

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By: TOM BRANNA

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JAPAN: Drug store operator Matsumotokiyoshi Holdings Co. plans to open another chain focusing primarily on cosmetics and beauty products to prepare for increased competition it may face next spring when supermarkets and other retailers begin to sell over-the-counter OTC drugs. According to published reports, the company will focus on large cities and open the stores in train station complexes, shopping centers and department stores.

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