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Economic Disruption

Ulta Beauty To Close 19 Shops Ulta Beauty To Close 19 Shops
Ulta Beauty To Close 19 Shops Ulta Beauty has plans to close 19 stores this year. Shops slated to get the ax have not been announced, but the beauty supplies chain has shops in Connecticut and Massachusetts that could be impacted. Ulta Beauty top officials blamed COVID-19’s economic disruption as the reason for the cuts. Even while it closes some stores, Ulta Beauty has plans to open 30 more. Efforts will be made to transfer employees from closed shops to new or already existing ones, the company said in a press release. Ulta operates 1,500 to 1,700 stores in the U.S. In Massachusetts, there are Ultas in Holyoke …