The Cosmetic Center

Discount Store News, Jan 4, 1999

The Cosmetic Center, a Maryland-based chain of 253 cosmetic stores, has been sold to a New Jersey investment company that specializes in turnarounds. The seller Revlon Inc., which had owned an 85% stake. The new owner York Management Services, the company that last year acquired Kmart's Canadian stores, then sold them to Hudson's Bay.

York said it has no plans to close stores or lay off associates.

COPYRIGHT 1999 Lebhar-Friedman, Inc.
COPYRIGHT 2000 Gale Group
 

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