Ulta Beauty store entrance sign (Photo by: Don & Melinda Crawford/Education Images/Universal Images Group via Getty Images NEW YORK - The nation’s largest beauty store chain, Ulta Beauty, has a deal to place shops in more than 100 Target stores by mid-2021.The shops, which will each be about 1,000 square feet and carry makeup, skincare, and fragrance, will operate beside existing beauty sections in Target stores, the companies said Tuesday.
Financial terms of the deal weren’t disclosed.“It’s a combination of two winning retailers that have great momentum in the market that can redefine the category,” Target CEO Brian Cornell told The Associated Press on Monday.The partnership stands to benefit both retailers as the coronavirus pandemic.