The once-dominant beauty counters of department stores are poised for a revival just in time for the 2024 holiday season. Retail giants like Macy’s and Nordstrom are currently overhauling their approaches, aiming to attract customers back into their stores and recapture the allure of physical beauty shopping. Historically, department store beauty sections were the hallmark […]
Ulta Beauty Cuts Sales Outlook on Slowing Consumer Demand
In a recent update, Ulta Beauty Inc. revealed a significant adjustment to its sales expectations, attributing the change to a noticeable decline in consumer demand for cosmetics and makeup products. The company’s revised outlook now estimates net sales between $11 billion and $11.2 billion for the year, a decrease from its previous forecast of $11.5 […]