Ulta Beauty announced Chuck Rubin will step down as president, CEO and director, effective Feb. 21, to become CEO at Michaels Stores, a specialty retailer of arts and crafts.
Ulta Beauty experienced an increase in second-quarter same-store sales and net income as it continues to move forward with its multiyear growth strategy.
Ulta has announced that it is implementing a CFO succession plan after Gregg Bodnar, the company’s CFO and assistant secretary, informed the company that he will be stepping down from his current position.
Does Family Dollar's expansion of health and beauty items, which contributed to its overall inventory growth during the third quarter, and Ulta's plan to create men's grooming boutiques within most of its nearly 400 stores mean a new competitive threat for drug stores?