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Thank you. McMillan Online Community. From Wondry, I'm David Brown, and this is Business Wars Daily on this Thursday, December 10th.

The beauty business can be pretty

ugly. Consider the battle by department stores J.C. Penny and Coles for the affections of beauty brand

Sephora. For the last 15 years, Sephora has run stores within stores at J.C. Penny. Those

mini stores have been the most productive part of Penny's. Credit Suisse

analyst Michael Benetti told industry publication retail dive. Naturally, the last thing the struggling

pennies wants to do is lose its golden goose, especially as it attempts to emerge from bankruptcy

after declaring Chapter 11 protection in May. But Sephora hasn't been happy with its longtime partner

and has cast its longing eye elsewhere. In fact, J.C. Penny took Sephora to court in May for attempting

...