Ulta Beauty plans to open 200 new stores as part of a long-term strategy announced this week. At its investors’ day Wednesday (Oct. 16), the beauty retailer said it hopes to open the new locations over the next three years, bringing its store count to...
Ulta Beauty is transforming its brand image into a social powerhouse, capitalizing on a surge of digital engagement to elevate its market presence. During the company’s second-quarter earnings call (Aug. 29), CEO Dave Kimbell revealed that despite a modest net sales increase (0.9%) to $2.6 billion...
Amid escalating competitive pressures, Ulta Beauty is facing a challenging retail environment that impacted its store performance in the second quarter, according to earnings results. Although the beauty sector remains strong, the rapid influx of new competitors has challenged Ulta’s ability to sustain its market...
As beauty brands look for ways to explain their products to consumers without losing the shopper’s interest, Beekman 1802 is seeing artificial intelligence and augmented reality open possibilities for more engrossing educational experiences. Physician (and reality television star) Dr. Brent Ridge, co-founder of the skincare...
November 25, 2024
Beauty companies increasingly use artificial intelligence to transform how they develop and market products, with personalization and convenience at the forefront. Beauty juggernaut Estée Lauder Companies partnered with OpenAI this month to implement AI across its brands. The companies built 240 AI applications to analyze consumer data and develop products across its beauty brands. “We’re […]
June 05, 2024
As consumers seek more convenient buying options for even the most historically on-site trial-based categories, the beauty industry is transforming to meet shoppers’ increasing Click-and-Mortar™ expectations. Ulta Beauty, for instance,...
March 16, 2023
January’s consumer spending numbers have turned out to be a temporary reprieve, as customers continue to cut back. The most recent Commerce Department spending numbers were released on Wednesday (Mar....
December 21, 2020
Rewards points and programs may spur customers to make purchases, but do they inspire loyalty that lives on after the transaction is made? It was the main question put to...
October 17, 2024
Ulta Beauty plans to open 200 new stores as part of a long-term strategy announced this week. At its investors’ day Wednesday (Oct. 16), the beauty retailer said it hopes to open the new locations over the next three years, bringing its store count to more than 1,800, according to a press release. Ulta also […]
March 10, 2023
Consumers’ interest in beauty and wellness products and services remained strong in the fourth quarter for Ulta Beauty. The company completed a year of record sales, profitability and member growth...
May 13, 2022
As its sales slump stretches to a year, The Honest Company is touting ongoing and new partnerships as key to helping it reverse course for its clean lifestyle brand ahead...
March 11, 2022
Ulta Beauty appears to be faring well in the increasingly fierce battle for customers in the beauty care space, as Sephora is deepening its in-store presence at Kohl’s and Walmart...
