New Companies
Saturday, 7/11, 10:37 AM
Ulta Bets 400 Million Dollars on a Times Square Flagship
- Ulta Beauty is committing about 400 million dollars to a 15-year lease on its first-ever flagship store, a four-floor space in New York's Times Square.
- In an age of online shopping, the bet is that a marquee physical store, run as a marketing showcase rather than just a sales floor, still pays off in brand power.