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Thrice the size: Oz Hair & Beauty plans 10 more shopfronts

Inside Retail

Australian hair and beauty retailer Oz Hair and Beauty will open 10 new storefronts throughout the country in a multi-million-dollar investment. Its newest location opens this month at Sydney’s Macquarie Centre. Oz Hair and Beauty plans to expand to 15 stores by the end of this year, taking its employee count to 165.

Planning 264
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Ulta Lays Out Aggressive Store Expansion Plan to Reach Target of 1,800 Locations

Retail TouchPoints

Ulta Beauty has outlined a new set of strategic priorities to drive its growth and announced new long-term financial targets that include an acceleration of new store openings. With a target of 1,800+ total locations, the beauty retailer plans to open 200 net-new stores over the next three years.

Location 263
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New Ulta Beauty Initiatives Promote Well-Being for Women and Teens

Retail TouchPoints

The Ulta Beauty Charitable Foundation , a 501(c)(3) affiliated with the beauty retailer, is committing more than $3 million this year to nonprofit partners focused on the mental health and well-being of women and teens. As the largest beauty retailer in the U.S., As the largest beauty retailer in the U.S.,

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Why health, fitness and beauty brands are getting real (and funny)

Inside Retail

Health, fitness and beauty. A simple image search for health and fitness reveals screeds of bronzed, impossibly-toned bodies, paired with motivational slogans encouraging people to try harder, reach further, strive, dominate, or ‘just do it’. We’re seeing a similar shift in the beauty industry. That friend is Lauren.

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Walgreens Outlines Turnaround Plans, Including ‘Significant’ Store Closures

Retail TouchPoints

Walgreens Boots Alliance (WBA) has cut its profit forecast for fiscal 2024 and plans to close “a significant number of underperforming stores,” CEO Tim Wentworth told analysts on a call for the company’s fiscal 2024 Q3 earnings period, which ended May 31, 2024. Third quarter sales at WBA increased 2.6% health care segments,” he said.

Planning 261
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Revolution Beauty sales fall as turnaround plan takes effect

Retail Gazette

Revolution Beauty has posted a drop in sales and half-year profits amid what it labelled a “transformational” year for the business. Total net sales plunged 20% to £72m, which it attributed to “the planned simplification of the product portfolio and the associated discontinuation of unproductive SKUs”.

Planning 104
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How Canopy is turning showerheads and humidifiers into must-have beauty buys

Inside Retail

US-based beauty device company Canopy recently announced the launch of its dermatologist-recommended showerhead in US Sephora stores, marking the brand’s latest retail expansion since it first launched a direct-to-consumer site in October 2020. The global health and wellness market was reported to be worth over US$4.3