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Why In The World Would Ulta Pause Its Target Expansion?

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Manage episode 477771453 series 2106196
Content provided by Omni Talk Retail. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omni Talk Retail or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of the Omni Talk Retail Fast Five, brought to you by the A&M Consumer and Retail Group, Simbe, Mirakl, Ocampo Capital, Infios, and ClearDemand,Chris Walton and Anne Mezzenga break down Ulta's surprising decision to pause its shop-in-shop rollout with Target. Despite Target touting strong beauty performance, Ulta CEO Kecia Steelman—an operations leader and former Target exec—has decided to hold at 610 locations, raising questions about store traffic, brand alignment, and future investments. Chris compares Target to a ‘Mike Dexter’ moment in retail (3:00), while Anne explores how cultural sentiment and operational caution may be driving this pause (4:50). 📌 Key Moments: (0:00) Ulta pauses shop-in-shop expansion at Target (1:18) Target’s beauty sales vs. Ulta’s decision (2:00) Placer.ai data and Target foot traffic (3:00) Chris compares Target to “Mike Dexter” (4:50) Anne discusses Kecia Steelman’s operational mindset (7:00) Target’s unusual pullback on a major partnership (8:00) Implications for Target’s brand and comp sales For the full episode head here: https://youtu.be/US96EqI2Bnk #ultabeauty #target #retailnews #retailstrategy
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1422 episodes

Artwork
iconShare
 
Manage episode 477771453 series 2106196
Content provided by Omni Talk Retail. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Omni Talk Retail or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
In this episode of the Omni Talk Retail Fast Five, brought to you by the A&M Consumer and Retail Group, Simbe, Mirakl, Ocampo Capital, Infios, and ClearDemand,Chris Walton and Anne Mezzenga break down Ulta's surprising decision to pause its shop-in-shop rollout with Target. Despite Target touting strong beauty performance, Ulta CEO Kecia Steelman—an operations leader and former Target exec—has decided to hold at 610 locations, raising questions about store traffic, brand alignment, and future investments. Chris compares Target to a ‘Mike Dexter’ moment in retail (3:00), while Anne explores how cultural sentiment and operational caution may be driving this pause (4:50). 📌 Key Moments: (0:00) Ulta pauses shop-in-shop expansion at Target (1:18) Target’s beauty sales vs. Ulta’s decision (2:00) Placer.ai data and Target foot traffic (3:00) Chris compares Target to “Mike Dexter” (4:50) Anne discusses Kecia Steelman’s operational mindset (7:00) Target’s unusual pullback on a major partnership (8:00) Implications for Target’s brand and comp sales For the full episode head here: https://youtu.be/US96EqI2Bnk #ultabeauty #target #retailnews #retailstrategy
  continue reading

1422 episodes

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