P&G buys The Art of Shaving retail chain

Cincinnati Procter & Gamble has purchased high-end retail outlet The Art of Shaving, as it aims to gain ground in the retail sector.

In the past, the manufacturer and marketer of consumer products tested the retail waters with a home laundry service started in 2001. However, that soon ended, along with its kitchen and cooking store called Culinary Sol that closed in 2003.

The company owns 36 Art of Shaving stores, which sells high-end shaving products.