Consumer
Korean Billionaire's Medicube Skincare to Hit Costco, Walmart in US Expansion
South Korea’s APR Corp. plans to take its viral Medicube cosmetics line into big-box US retailers including Walmart Inc. and Costco Wholesale Corp., as it pushes aggressively to expand its footprint in the market.
The cosmetics and home-beauty device maker is preparing to roll out Medicube products to about 3,200 Walmart stores in June, APR said in a statement responding to Bloomberg questions about its offline strategy. The company added that it is in talks to bring the range to Costco warehouses across the US, Canada and Europe in the second half of the year.