Post Ulta Breakup, Target Corp. Gears Up To Unveil New Beauty Studio

TL;DR

Target is set to launch a new beauty studio concept after ending its partnership with Ulta Beauty. This move marks a significant change in Target’s beauty retail strategy, aiming to attract more shoppers and compete with specialty beauty brands.

Target Corp. is preparing to introduce a new beauty studio concept in its stores, following the recent termination of its partnership with Ulta Beauty. The move reflects Target’s strategic shift to expand its in-house beauty offerings and attract a broader customer base, especially as it seeks to fill the gap left by Ulta’s departure.

Target announced plans to launch a new beauty studio in select stores, expected to debut within the next few months. This initiative comes after the company ended its collaborative Ulta Beauty shop-in-shop format, which had been in place since 2019. The new concept will focus on offering a curated selection of beauty products, including skincare, cosmetics, and personal care items, with an emphasis on in-store experiences.

While Target has not disclosed detailed plans or branding specifics, sources close to the company indicate that the new beauty studios will feature dedicated spaces for product testing, consultations, and possibly mini-services like makeup application or skincare advice. The company aims to create an engaging environment that encourages shoppers to spend more time and money in these sections of the store.

Target’s decision to move away from Ulta reflects broader industry trends, as retailers seek to develop proprietary beauty brands and reduce reliance on third-party partnerships. The company has been investing heavily in private-label products and digital integrations to enhance the shopping experience.

At a glance
announcementWhen: developing; expected to launch within t…
The developmentTarget is preparing to unveil a new in-store beauty studio following the end of its collaboration with Ulta Beauty, signaling a shift in its beauty retail approach.

Why Target’s New Beauty Studio Matters for Retail and Consumers

This development is significant because it indicates Target’s strategic shift towards building its own beauty retail experience, reducing dependence on external brands like Ulta. For consumers, it could mean more tailored, accessible beauty options within a familiar retail environment. The move also signals increased competition among big-box retailers to capture a larger share of the beauty market, traditionally dominated by specialty stores and online brands. It highlights a broader trend of retailers investing in experiential shopping to drive foot traffic and sales amid changing consumer preferences.
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Target in-store beauty products

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Background on Target’s Beauty Strategy and Ulta Partnership

Target’s partnership with Ulta Beauty began in 2019, featuring shop-in-shop locations within select stores, offering Ulta’s extensive product range and beauty services. The collaboration aimed to boost Target’s beauty sales and attract a broader demographic. However, in late 2023, Target announced the termination of this partnership, citing strategic realignment and a desire to develop proprietary beauty offerings. Meanwhile, Ulta Beauty has continued to expand independently, emphasizing its standalone stores and e-commerce platform. The shift reflects a broader industry move toward retailer-owned beauty brands and experiences, as companies seek to differentiate themselves in a competitive market.

“We are excited to introduce a new beauty experience that aligns with our vision to offer more personalized, accessible options for our guests.”

— Target spokesperson

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beauty product testers and samples

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Details of the New Beauty Studio Remain Unclear

It is not yet clear what the branding, specific product offerings, or service components of the new Target beauty studio will be. Target has not announced a formal launch date or detailed store rollout plans. It remains uncertain whether the new concept will be comparable in scope to Ulta’s previous shop-in-shops or focus more on a curated selection within existing store spaces. Additionally, the extent of possible beauty services or digital integrations remains to be seen.

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skincare consultation kits

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Next Steps and Expected Timeline for Launch

Target is expected to finalize its plans in the coming weeks, with pilot stores opening within the next few months. The company may also conduct consumer testing and gather feedback to refine the concept. Industry observers anticipate that the first locations could serve as models for broader rollout if successful. Target’s marketing campaigns for the new beauty studio are likely to begin ahead of the official launch, emphasizing the personalized shopping experience and exclusive product offerings.

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makeup application tools

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Key Questions

Why did Target end its partnership with Ulta Beauty?

Target cited a strategic realignment and a desire to develop proprietary beauty offerings as reasons for ending its partnership with Ulta Beauty in late 2023. The company aims to create a more tailored in-store experience and reduce reliance on external brands.

Will the new Target beauty studio offer the same products as Ulta?

It is not yet confirmed whether the new beauty studio will carry the same extensive product range as Ulta. Early indications suggest a curated selection of skincare, cosmetics, and personal care items, with a focus on creating an engaging shopping environment.

When will the new beauty studios open in Target stores?

Target has not announced an exact launch date but is expected to debut the first pilot locations within the next few months, with a broader rollout likely depending on initial success.

Will the new beauty concept include beauty services?

Details about additional services such as makeup application or skincare consultations have not been disclosed. These features may be included as part of the in-store experience, but confirmation is pending.

How does this shift impact consumers?

Consumers may benefit from more tailored, accessible beauty options within Target stores, potentially at lower prices and with a focus on private-label brands. It also reflects a shift toward experiential shopping that could enhance customer engagement.

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