Sally Beauty Hours is the latest Walgens foray into pharmacy and beauty products.
It is a collaboration between the retailer and beauty brand Walgills.
It will be the first Walgreen pharmacy that will offer Walgorns brand of beauty products, which include all the latest in beauty products from the world’s leading brands.
The partnership comes after Walgrosa opened the first of its own Walgennas Beauty & Health Pharmacy in March, in a store in Sydney, Australia.
Walgowns Beauty < Health pharmacy offers a wide range of products to its customers including the brand’s latest skin care line, and a range of beauty items.
In a statement to ABC News, Walgarts Chief Executive Officer Tony Rundle said the pharmacy was about giving customers the best possible value for money, and would provide a “world-class service” to its existing customers.
“We believe that our customers deserve to have the best value possible, and we’re very proud to be part of the Walgwin Beauty > Health partnership with Walgwns, one of Australia’s largest health and beauty brands,” he said.
The announcement comes amid rising concern about the rising cost of medicine and other health care items.
The cost of prescription drugs in Australia is set to climb, with some analysts projecting the price of a medicine could jump by more than a fifth by 2020.
But the retail giant, which has been the world leader in pharmacy, says its beauty products are the best in the world and the price they are selling is competitive with its rivals.
In its latest financial results, the Australian arm of Walgrees retailing operations showed revenue of $1.1 billion in the 12 months to June 30, up from $950 million in the year to March 31.
In the 12-month period to June, Walgate Beauty &pt; Health’s revenue was $5.2 billion, up 13 per cent on the same period last year.
Its beauty brands have also been growing rapidly, with sales increasing by nearly 20 per cent in the last 12 months.
Walworths has increased sales by more, with growth in the Beauty &ft; Health range of goods and services, including the cosmetics and nail care, accounting for about 40 per cent of Walworth’s revenue.
The pharmacy will also be able to sell its own products.
The Beauty &am; Health brand has grown rapidly in the past 12 months, with annual sales increasing 20 per.cent to $1 billion.
Its products have also made the list of the most popular beauty products in the country, beating out the likes of Benefit and the beauty brand Nourish.
The pharmacy’s new retail outlets in Sydney and Melbourne will also feature an array of beauty accessories, such as face masks, eyeliner and nail polishes, along with cosmetics and hair products.