Bluemercury to be Acquired by Macy's
Georgetown-headquartered beauty products and spa services chain, Bluemercury, has been acquired by department store giant, Macy's. This, according to Cosmetics Design.
Celebrating its 15th anniversary in 2014, Bluemercury has grown from one store in Georgetown to 59 stores in 18 states with more than $100 million in annual revenue.
The $210 million deal includes Bluemercury's founders continuing on, with Marla Malcolm Beck as chief executive and president and Barry Beck as the company’s chief operating officer. The company will continue to offer products and services online and in their specialty stores, while Macy's will sell selected Bluemercury products.