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Walgreens takes a stake in Birchbox and will begin selling its products online

(Bloomberg)—When shoppers think of high-end cosmetics, the local drugstore probably doesn’t come to mind. Walgreens Boots Alliance Inc. aims to change that as it teams up with beauty subscription service Birchbox Inc. Walgreens will sell designated Birchbox products online and also take a minority stake in the beauty retailer, executives from both companies said. The companies […]

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