BEAUTY retailer Ulta is set to pull out of a shopping mall in a few days as it launches a huge sale to clear stock.
The makeup store at San Francisco’s East Bay Bridge Center will close permanently on Saturday.
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Customers were alerted to the sudden closure when signs were posted on the doors simply saying “We will be closing this location on Saturday, May 4th.”
Images of the signs were first shared by @evilleeye on Instagram while signs directed loyal customers to its other two nearby locations.
Although the store openly announced the closing date, an employee who spoke anonymously with SF Gate revealed that the store will be holding a sale of its stock.
“We are running a big promotion,” she told the outlet, claiming that in the coming days there will be products available with a 90% discount on the price.
The employee also recalled that the store workers “were well looked after”.
They would have been allowed to transfer to other nearby Ulta stores.
Customers of the closing store lamented the sudden closure, with some suggesting more Ulta locations will follow suit.
“Nooooo I love having an ulta so close,” said one customer under @evilleeye’s Instagram post.
“We were there on Saturday and had no idea. This is shit,” said another.
“I heard other stores are closing across the state,” a third warned Ulta fans.
The Illinois-based company is the nation’s largest beauty retailer with more than 1,300 locations.
Despite fears of more Ulta closures, the latest report of the company in relation to its financial results is reassuring.
Under its plans for fiscal 2024, Ulta expects to open between 60 and 65 new locations.
Additionally, the company plans to renovate and relocate 40 to 45 existing stores.
The beauty retailer is also looking to expand its operational presence outside the United States.
“International expansion represents an incremental, long-term opportunity for Ulta Beauty to broaden our reach and leverage our differentiated value proposition,” said Dave Kimbell, CEO.
Store closing summary
BOSSes at several major retailers have announced a series of store closures. The US Sun analyzes which chains will be impacted.
- Walmart supermarkets in El Cajon, California, and Columbus, Ohio, closed this year.
- Walmart also closed a Neighborhood Market store in San Diego, California.
- Another Neighborhood Market store in Milwaukee will close within weeks.
- At least 150 Macy’s stores in the U.S. are expected to close over the next three years. Among the outlets scheduled to close is the chain’s flagship store in Union Square, San Francisco.
- Dollar Tree bosses have announced that 600 Family Dollar stores will close this year. But the strikes don’t stop there, as another 370 points of sale are expected to close.
- About 30 Dollar Tree stores will also close.
- Best Buy bosses have confirmed 24 outlets will close during the company’s 2024 fiscal year.
- The future of 99CentsOnly stores appears uncertain after the discount chain filed for bankruptcy. More than 350 stores could end up closing.
“We evaluated multiple operating models, partners and geographies, and are pleased to announce the formation of a joint venture with Axo, a highly experienced operator of global brands, to launch and operate Ulta Beauty in Mexico in 2025.”
US Sun has reached out to Ulta for comment on the latest closure.
Meanwhile, music lovers are mourning the loss of Sam Ash, as the company is expected to close all 44 locations after 100 years in business.
The family-owned company lost its COO Sammy Ash in September 2023 due to cancer.
This story originally appeared on The-sun.com read the full story
