Drugstore.com set to acquire Salu Inc.

Share this content:

Online beauty and pharmacy retailer drugstore.com has agreed to acquire Salu Inc., parent company of SkinStore.com and spalook.com. The deal is expected to close during the first quarter of next year, said David Lonczak, CMO of drugstore.com.

“Our strategy includes focusing on the beauty business – both prestige beauty as well as mass beauty,” Lonczak said. “SkinStore.com been a competitor – doing roughly $40 million in revenue this year. The choice of competing with or working together to build one of the largest online beauty retailers was an easy one.”

Drugstore.com, which also owns and operates beauty.com, plans to retain both Salu's brand names and employees, who will remain at its Sacramento, CA, headquarters. Employee and executive hierarchy within each company will remain the same, save for Salu's president and CEO Jim Steeb reporting to Drugstore.com CEO Dawn Lepore.

“The value proposition of a shared cart between drugstore.com and beauty.com has allowed us to thrive in this economy, and this has been one of our best years,” Lonczak said. “Growing into our infrastructure put us in a position to make this acquisition.”

close

Next Article in Multichannel Marketing

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above