Year Established: 1990
Store Closures: 19 Branches*
Ulta Beauty is a dream for people who love makeup. It has pretty much every product you could ever want, and it is always making new deals with beauty brands and other stores. For example, Ulta announced that it was going to open one-hundred mini-stores in Targets across the country during the latter half of 2021.
These new openings were exciting to fans, but not all the news from Ulta was positive. Ulta not only shrank its corporate staff, but it also announced its plans to shut down nineteen stores during the third fiscal quarter of 2020. Hopefully, Ulta shoppers whose favorite store closed will be able to go to Target, instead.