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Drugstore.com Acquires SkinStore.com

Drugstore SkinstoreDrugstore.com, Inc., which owns drugstore.com and beauty.com, has entered into an agreement to acquire Salu, Inc. in a stock and cash transaction. Salu owns and operates SkinStore.com, a an online retailer of clinical skin care and beauty products. Salu also has distribution capabilities in Australia and operates the spalook.com webstore for Sandow Media, parent company of NewBeauty Magazine.

"Beauty is a cornerstone of our growth strategy, and we are delighted to expand our footprint with the addition of SkinStore.com to our online portfolio," said Dawn Lepore, CEO and chairman of the board, drugstore.com, inc. "This acquisition will further solidify our position as a first choice for beauty consumers and brings us one step closer toward achieving our goal of becoming the leading online retailer of beauty and spa products."

Posted on December 29, 2009





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