Azarga Metals Corp. (AZR.V)

Can expensive cosmetics save the big-box retailer?

On March 7, Walmart announced a partnership with British beauty retailer Space NK to launch its premium products at nearly 250 stores and Walmart online this summer. Last August saw the launch of both Ulta at Target and Sephora at Kohl’s. It also attracts young shoppers with money to spend—a demographic that department stores have struggled to appeal to—without putting off existing customers.