Abstract: A razor blade assembly comprising a body assembly having a pair of body end portions and at least one cross member extending therebetween. A first U-shaped housing is provided between the body end portions, the first U-shaped housing having a scalloped edge portion formed along at least one edge thereof; a resilient foam insert is provided, at least a portion of which is disposable within the first U-shaped housing, the insert being impregnated with a lubricating material. A second U-shaped housing is provided having a plurality of fluid dispensing apertures formed therein, the second U-shaped housing being supportable by the foam insert and translatable within a first U-shaped housing, beyond the scalloped edge portion, to discharge a lubricating fluid from the resilient foam insert through the fluid dispensing apertures.