Ulta Beauty plans to open an amenity-filled satellite office at desirable downtown Chicago location to complement its existing headquarters facility in a remote suburb.
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Ulta beats Street — again; Q2 sales jump 30%
Ulta Beauty on Thursday posted another spectacular quarter amid surging sales. It was the ninth consecutive quarter that the beauty retailer topped expectations. Ulta reported net income for the quarter, ended July 30, rose 21.3% to $90.0 million compared to $74.2 million in the year ago period. Net sales increased 21.9% to $1.07 billion from $877.0 million in the year-ago quarter. -
Not enough of a good thing
With few new grocery centers being built, developers are upping the ante on existing ones
Pat Donahue, together with his late brother Dan and business partner Tom Schriber, has been in grocery-anchored shopping centers since the ’90s. That’s when Schriber calculated that the company’s long-term fortunes, which had rested on mall development up until then, would be better wagered on high-traffic “necessity-based” retail.
“At malls you get ’em three times a month.

