Ulta is presently in 600 of Target’s about 1,980 shops, according to a Target agent.
NEW YORK CITY– Target and Ulta Elegance are parting methods, finishing a collaboration released in 2021 that produced in-store stores loaded with charm items at numerous the discounter’s shops.
According to a joint launch provided Thursday, the business claimed they have “equally concurred” not to restore their deal, which wraps up in August 2026. Up until after that, the Ulta Elegance experience at Target will certainly proceed in Target shops and on Target.com, the launch claimed.
Ulta is presently in 600 of Target’s about 1,980 shops, according to a Target agent.
” For 35 years, Ulta Elegance has actually reinvented exactly how individuals experience charm– combining an unrivaled array from mass to high-end– and our collaboration with Target was just one of numerous special methods we have actually brought the power of charm to visitors nationwide,” claimed Amiee Bayer-Thomas, primary retail police officer of Ulta Elegance, in a declaration.
Rick Gomez, executive vice head of state and primary industrial police officer at Target, claimed in a declaration he was dedicated to “supplying the charm experience customers have actually pertained to get out of Target.”
The collaboration was revealed in 2020 and came as the coronavirus pandemic overthrew purchasing practices and even more individuals attempted to reduce possible direct exposure to the infection with one-stop purchasing. COVID had actually moistened sales of lipstick as individuals used masks, yet the skin care company delighted in more powerful sales.
The stores have to do with 1,000 square feet and bring make-up, skin care, and scent and ran close to existing charm areas in Target shops. The offer was a method for both Target and Ulta to enhance their client base.
” It’s a mix of 2 winning sellers that have terrific energy out there that can redefine the classification,” Target chief executive officer Brian Cornell informed The Associated Press back in 2020.
The news comes as Target is battling to restore its ground with its consumers that are drawing back on optional products and are patronizing various other opponents that they think to be reduced rate or supply far better goods.
Target is slated to report its financial second-quarter outcomes on Wednesday.
In September 2022, Target expanded its agreement for its chairman and chief executive officer Brian Cornell for an additional 3 years. It has actually not revealed its sequence strategy.
Copyright 2025 Associated Press. All civil liberties scheduled. This product might not be released, program, revised, or rearranged.
