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Ulta to open store on Chicago's Michigan Avenue
Now we know that Ulta Beauty's long-term strategy includes a store on Chicago's glamorous Michigan Avenue.
According to the Chicago Tribune, Ulta will be moving into a space vacated by Walgreens at 430 N. Michigan Ave. The store is expected to open in summer 2017.
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JCPenney is testing a smaller Sephora format
JCPenney is testing out a smaller version of the Sephora shops that it places strategically within its stores.
According to Fortune, if the trial is successful, JCPenney could roll out the new 350-square-foot boutiques inside the smaller stores that it operates.
Read more about the new Sephora shops by clicking here.