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Casino and L'Oreal team up to launch new beauty stores, Reuters

PARIS (Reuters) - French supermarket chain Casino ( CASP.PA ) and cosmetics group L’Oreal ( OREP.PA ) are launching new beauty stores in Paris this weekend, the latest effort by brick and mortar retailers to retain customers in the face of online competition. The two companies said on Friday that the new stores — dubbed “le drugstore parisien” — will offer beauty products and healthcare goods, as well as over-the-counter medicines. For Casino, the tie-up with L’Oreal marks its latest move away from grocery stores, as France’s traditional retailers seek new ways to appeal to shoppers. The first two outlets will open this weekend in the chic 9th and 6th districts...

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