design:retail | Ulta Beauty to Open 125 Stores in 2013

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Ulta Beauty to Open 125 Stores in 2013
December 05, 2012

Bolingbrook, Ill.-based Ulta Beauty plans to open 125 new stores in 2013. The new stores will represent a 22 percent square footage growth, exceeding the company’s original goal for a 15 percent to 20 percent increase. In the third quarter of 2012, the company opened 49 new stores, one relocated store and 11 remodeled stores, as compared to 28 new stores and one relocated store in the third quarter of 2011. Currently, the company operates 537 stores.