SOUTH LOOP — One other retailer is making its exit from the Roosevelt Assortment Retailers.
After 12 years within the South Loop, Ulta Magnificence will shut its doorways June 14, a spokesperson for the nationwide chain stated in an e-mail to Block Membership. The explanation for the closure stays unclear, however the retailer has had a sluggish fiscal yr, in keeping with a March report from The U.S. Solar.
Lately appointed CEO Kecia Steelman informed The U.S. Solar the corporate has been struggling to maintain up with its rival Sephora in on-line buying and same-day supply. Ulta nonetheless plans to open 200 shops within the subsequent three years, in keeping with media studies.
Markdowns on the South Loop location have already began, with the shop providing as much as 50 p.c off of choose gadgets, stated a gross sales affiliate.
“We’re excited to proceed welcoming friends at our 9 different Ulta Magnificence shops throughout the Chicagoland space. We encourage friends to go to ulta.com/shops to seek out the situation most handy for them,” the Ulta spokesperson stated.
Ulta Magnificence is the third enterprise to depart the Roosevelt Assortment previously yr, becoming a member of The Container Retailer and kids’s boutique Kido Chicago.
Take heed to the Block Membership Chicago podcast:
