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Sears details survival strategy
It’s not over yet for the embattled Sears Holdings, which is streamlining its operations on the heels of what appears to be a brutal fourth quarter. The long-struggling retailer on Friday announced a comprehensive restructuring that will cut at least $1 billion in operating costs a year. The plan involves reducing corporate overhead (although Sears did not specify, job cuts are likely), closer integration of the Sears and Kmart operations and improving its merchandising, supply chain and inventory management. -
Beauty brand bolsters lipstick selection with virtual reality
Charlotte Tilbury is taking lipstick sampling to a new level. The beauty brand is partnering with YouCam Makeup to deliver an interactive platform that allows users to virtually try on the brand’s 12 iconic lipstick shades — anywhere, anytime — right through their mobile device or tablet.

