Target and Kohl’s are squaring off in an effort to court a bigger share of the in-store beauty market. Plus, the logic behind breaking up Kohl’s online and in-store businesses.
Data:
100; 800: Number of Ulta shop-in-shops at Target stores today and planned for the next several years, respectively.
200: Number of Sephora at Kohl’s shop-in-shops in the U.S. today.
400; 250: Number of Sephora at Kohl’s shop-in-shops set to open in 2022 and 2023, respectively.
$1.7T: Amazon’s current market cap.
$380B: Walmart’s current valuation.