L’OREAL PARIS TO CLOSE STORES: L’Oréal Paris is planning on closing its two stores on Saturday. The stores, located in Beverly Center in Los Angeles and Westfarms mall in Farmington, Conn., were often referred to as Living Labs given their insight to customer shopping habits, merchandising and marketing issues. In response to the closings, the French beauty giant said in a statement it is now “exploring new alternative venues to reach consumers.” The news of the closings, which was first reported by drugstorenews.com, follows a host of changes at L’Oréal, most recent of which includes a new president at its North American operation, Frederic Roze. Business at L’Oréal’s two Lancôme stores appear to be operating as usual.

SHISEIDO MOVES: Shiseido Cosmetics America Ltd. has promoted two executives within its sales department. Susan Albino, who was most recently executive director of sales for the Northeast region, has been named vice president of sales for Shiseido Cosmetics America, the firm stated, adding that she will oversee sales for the Shiseido and Clé de Peau Beauté brands. Albino, a 30-year veteran of the beauty industry, will report to Heidi Manheimer, chief executive officer of Shiseido Cosmetics America. Additionally, Grace Ginn, who has been with Shiseido for 20 years, has been promoted to area vice president of sales for the West Coast, reporting to Albino.

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