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Target bets on beauty makeover as Ulta exit looms
Yahoo Finance· 2026-02-05 17:03
Target has been trying to cover up years of uneven performance, much like a rushed makeup routine that conceals flaws without fully addressing what lies beneath. Sales declines, shrinking foot traffic, and lost market share to competitors have weighed on the retailer, compounded by consumer backlash over a series of controversial business decisions. Those pressures intensified after Target revealed that its five-year partnership with Ulta Beauty will end in August 2026. With that exit approaching, the c ...