Profile: Ulta Salon Cosmetics and Fragrance Inc (ULTA.O)
24 Apr 2015
Ulta Salon, Cosmetics & Fragrance, Inc., incorporated on January 9, 1990, is a beauty retailer, which provides one-stop shopping for prestige, mass and salon products and salon services. The Company offers branded and private label beauty products in cosmetics, fragrance, haircare, skincare, bath and body products and salon styling tools. The Company offers a combination of over approximately 20,000 prestige and mass beauty products organized by category in a bright, open store environment. The beauty products are arranged in self-service displays and full-service boutiques. The Company also offers a full-service salon and a range of salon haircare products. Each salon is a full-service salon offering haircuts, hair coloring and permanent texture, with most salons also providing facials and waxing.
The Company’s stores are predominantly located in convenient, high-traffic locations such as power centers. Its typical store is approximately 10,000 square feet, including approximately 950 square feet dedicated to full-service salon. As of February 1, 2014, the Company operated 675 stores in 46 states.
The Company operates full-service salons in all of its stores. Ulta store format includes an open and modern salon area with approximately eight to ten stations. The entire salon area is approximately 950 square feet with a concierge desk, skin treatment room or dedicated skin treatment area, semi-private shampoo and hair color processing areas. Each salon is a full-service salon offering haircuts, hair coloring and permanent texture, with most salons also providing facials and waxing. The Company has expanded its service offering, adding services, such as gel manicures, microdermabrasion and hair extensions, to select locations. The Company employs licensed professional stylists and estheticians who offer highly skilled services as well as an educational experience, including consultations, styling lessons, skincare regimens, and at-home care recommendations.
The Company’s e-commerce business, Ulta.com supports the key elements of its brand proposition and provides access to more than 18,000 beauty products from hundreds of brands. With the new e-commerce platform launched in 2013, it has become a more important resource for the customers to access product and store information, beauty trends and techniques and buy from a range of product offerings. During 2013 the Company expanded its e-commerce distribution capabilities by adding fulfillment to the Chambersburg, Pennsylvania distribution center.
The Company competes with Macy’s and Nordstrom, Sephora, Bath & Body Works, CVS/pharmacy, Walgreens, Target, Wal-Mart, Amazon, Regis, Sally Beauty and JCPenney salons.
Ulta Salon Cosmetics and Fragrance Inc
SUITE 120, 1000 REMINGTON BLVD
BOLINGBROOK IL 60440