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Shoppers Drug Mart Corporation (SC)
Exchange: Toronto Stock Exchange
$46.890
May 21, 2013, 9:35 AM EDT
Change: 0.25 (0.54%)
Volume: 22,417

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46.690
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46.900
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Shoppers Drug Mart Announces Groundbreaking Partnership with Clinique

TORONTO, Sept. 11 /CNW/ - Shoppers Drug Mart today announced it has
entered into a long-term agreement with Clinique to sell their line of
prestige cosmetic products. This groundbreaking partnership will see Clinique
being available in selected Shoppers Drug Mart Beauty BOUTIQUE(TM) locations
across Canada.
"We are very pleased and excited by our new association with Clinique.
Shoppers Drug Mart is the first major chain drug store in North America to
partner with this prestige brand of Estee Lauder's," said Glenn Murphy,
Chairman and CEO of Shoppers Drug Mart.
Debra Hartwell, Field Sales Vice President for Clinique Laboratories
commented by saying, "Clinique is very excited about our new partnership with
Shoppers Drug Mart and looking forward to a very successful future."
Shoppers Drug Mart's Beauty BOUTIQUE(TM) strategy began in 2003 and has
grown significantly to the point where there will be nearly 100 Beauty
BOUTIQUEs by year end with a further 40 to 50 planned to open in 2007. This
partnership will give Clinique access to a growing consumer segment that is
currently not available to Clinique through the traditional prestige cosmetic
retailers in Canada. Shoppers Drug Mart will be able to not only provide its
customers with the products they want, but this partnership will also serve as
a strong platform from which to continue building its prestige cosmetic market
share in Canada.
Clinique is one of the brands owned and operated by Estee Lauder Co. Inc.
When available in these selected stores across the country, Clinique will be
joining the other Estee Lauder prestige brands currently available at Shoppers
Drug Mart that include Sean John, DKNY and Tommy Hilfiger fragrances.

About Shoppers Drug Mart

Shoppers Drug Mart Corporation is one of the most recognized and trusted
names in Canadian retailing. The Company is the licensor of full-service
retail drug stores operating under the name Shoppers Drug Mart (Pharmaprix in
QuDebec). With more than 963 Shoppers Drug Mart and Pharmaprix stores operating
in prime locations in every province and two territories, the Company is one
of the most convenient retailers in Canada. Shoppers Drug Mart also owns and
operates 53 Shoppers Home Health Care stores, making it the largest Canadian
retailer of home health care products and services. For more information visit
www.shoppersdrugmart.ca.


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