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Ulta Beauty
Ulta Beauty, Inc., formerly known as Ulta Salon, Cosmetics & Fragrance Inc. and before 2000 as Ulta3, is an American chain of cosmetic stores headquartered in Bolingbrook, Illinois. Ulta Beauty carries both high- and low-end cosmetics, fragrances, nail products, bath and body products, beauty tools and haircare products. Each location has a beauty salon available to the public.
Ulta was founded by Richard E. George, the former president of Osco Drug, Inc., and Terry Hanson. George left Osco in 1989 to develop a business plan for a retailer that would offer beauty products at different price levels. Other Osco executives joined George and Hanson in the business and raised $11.5 million in venture capital. The company, initially called Ulta3,[why?] was launched in 1990, with five stores in the suburbs of Chicago. The first of these opened at High Point Centre in Lombard, Illinois in early October 1990. The name was changed from Ulta3 to Ulta at the end of 1999.
George left Ulta in 1995, and Hanson became the company's chief executive officer (CEO). In December 1999, Lyn Kirby became the president and CEO and Charles "Rick" Weber became senior executive vice president, chief operating and CEO. On October 25, 2007, the company became publicly traded on the NASDAQ.
In 2008, Ulta also opened a second distribution center in Phoenix, Arizona. In 2010, Carl "Chuck" Rubin was appointed as chief operating officer, president, and as a member of the board of directors.
On June 24, 2013, it was announced that Mary Dillon would be appointed as CEO and a member of the board of directors, effective July 1, 2013. Dillon was previously the chief of U.S. Cellular and a senior executive at McDonald's and PepsiCo.
In 2020, before the COVID-19 pandemic there were 44,000 employees. As of 2021, Ulta employs approximately 37,000 people.
On January 6th, 2025, Dave Kimbell announced his retirement as CEO of Ulta Beauty effective immediately. Dave Kimbell was succeeded as CEO by Kecia Steelman, who was previously the company’s chief operating officer.
Ulta Beauty only operates in the United States of America. As of January 28, 2023, Ulta had some 1,355 stores across all 50 states, with about 250 of those stores located inside Target stores. Ulta Beauty had 168 retail locations across California, the highest number of any state. Ulta Beauty has a total of 7 distribution centers in 7 different states.
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Ulta Beauty
Ulta Beauty, Inc., formerly known as Ulta Salon, Cosmetics & Fragrance Inc. and before 2000 as Ulta3, is an American chain of cosmetic stores headquartered in Bolingbrook, Illinois. Ulta Beauty carries both high- and low-end cosmetics, fragrances, nail products, bath and body products, beauty tools and haircare products. Each location has a beauty salon available to the public.
Ulta was founded by Richard E. George, the former president of Osco Drug, Inc., and Terry Hanson. George left Osco in 1989 to develop a business plan for a retailer that would offer beauty products at different price levels. Other Osco executives joined George and Hanson in the business and raised $11.5 million in venture capital. The company, initially called Ulta3,[why?] was launched in 1990, with five stores in the suburbs of Chicago. The first of these opened at High Point Centre in Lombard, Illinois in early October 1990. The name was changed from Ulta3 to Ulta at the end of 1999.
George left Ulta in 1995, and Hanson became the company's chief executive officer (CEO). In December 1999, Lyn Kirby became the president and CEO and Charles "Rick" Weber became senior executive vice president, chief operating and CEO. On October 25, 2007, the company became publicly traded on the NASDAQ.
In 2008, Ulta also opened a second distribution center in Phoenix, Arizona. In 2010, Carl "Chuck" Rubin was appointed as chief operating officer, president, and as a member of the board of directors.
On June 24, 2013, it was announced that Mary Dillon would be appointed as CEO and a member of the board of directors, effective July 1, 2013. Dillon was previously the chief of U.S. Cellular and a senior executive at McDonald's and PepsiCo.
In 2020, before the COVID-19 pandemic there were 44,000 employees. As of 2021, Ulta employs approximately 37,000 people.
On January 6th, 2025, Dave Kimbell announced his retirement as CEO of Ulta Beauty effective immediately. Dave Kimbell was succeeded as CEO by Kecia Steelman, who was previously the company’s chief operating officer.
Ulta Beauty only operates in the United States of America. As of January 28, 2023, Ulta had some 1,355 stores across all 50 states, with about 250 of those stores located inside Target stores. Ulta Beauty had 168 retail locations across California, the highest number of any state. Ulta Beauty has a total of 7 distribution centers in 7 different states.