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Ulta to open 100 stores in 2015 as Q4 tops forecasts
Bolingbrook, Ill. -- Ulta Beauty is running strong. On Thursday, the fast-growing beauty products and services retailer posted fourth quarter profit and revenue that topped Wall Street expectations, including an 11.1% jump in same-store sales. It also announced plans for 100 net new stores in fiscal 2015, for a 13% increase in total square footage.
Ulta reported net earnings of $87.3 million for the quarter ended January 31, up 21.6% from $70.7 million in the year-ago period.
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First Martha Stewart Café opening in New York
New York - Martha Stewart Living Omnimedia is opening its first Martha Stewart Cafe, in the Starrett-Lehigh building, home to Martha Stewart Living Omnimedia's corporate headquarters. The cafe will offer handcrafted espresso beverages and teas.
The menu, personally curated by Martha Stewart, will serve hot beverages, cold-brew iced coffee, artisanal loose-leaf teas, and pastries. The cafe is partnering with Kobrick Coffee, a New York City-based and family-owned roaster, and Wei Bertram of Connecticut-based Arogya Tea,

