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Ulta Beauty looking better with age
With 765 stores now in operation, Ulta Beauty’s unique value proposition continues to resonate strongly with shoppers.
The more recent evidence could be seen in the company’s third quarter results which saw same stores sales accelerate 9.5 percent from a prior year gain of 6.8 percent.
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Aeropostale closing 75 stores as Q3 loss widens and same-store sales fall 11%
New York - On the heels of its eight straight quarterly loss, Aeropostale said it would close about 75 stores in the current quarter, and could close 50 to 75 more namesake locations in 2015, and 126 P.S. from Aeropostale stores by the end of January. The struggling teen retailer reported a net loss of $52.3 million in the third quarter ended Nov. 1, up from $25.6 million, in the year ago period. It also forecast a bigger-than-expected fourth-quarter loss.
