Tuesday, February 4, 2020

Sephora to open 100 stores in 2020, in bid to grow outside of the mall

CNBC
Beauty retailer Sephora has big growth plans, at a time when many businesses are shutting their doors for good.

The company, owned by Louis Vuitton parent company LVMH, will open 100 stores in 2020. This marks its largest real estate expansion to date, more than doubling its store growth in 2019. And the focus, with this growth, will be on expanding outside of shopping malls. . . . more