Roughly equivalent in footprint—1,174 Ulta stores and about 1,100 free-standing Sephora stores and J.C. Penney shop-in-shops—both retailers did extremely well last year. And in beauty retail, Ulta, Sephora and Amazon are the major players. While Ulta is particularly strong among the under-34 set, as is Sephora, Ulta attracts a wider age range of customers. “It’s a unique aspect of the Ulta Beauty experience,” commented Scott Settersten, treasurer and CFO in the earnings call. See also: Sephora, Ulta And The Battle For The $56 Billion U.S. Beauty Retail Market

Source: Forbes March 19, 2019 21:07 UTC