Friday, January 27, 2017

Ulta Shines as Rare Bright Spot in Retail as Makeup Demand Soars

Image result for ulta storeUlta Salon Cosmetics & Fragrance Inc., where women can buy a broad range of cosmetics and get their hair styled on site, was a rare bright spot in what was otherwise a disastrous 2016 for U.S. retailers. Shares of the Bolingbrook, Illinois-based company surged 38 percent last year, about four times higher than the Standard & Poor’s 500 Index’s gain.

Ulta’s mobile app has a feature called Glam Lab that allows shoppers to take selfies and apply virtual makeup before they make a purchase. At its 950 stores, customers can also visit a professional skin therapist for “face mapping,” and get their eyebrows tweezed, trimmed and tinted.. . . more

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