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Dive Brief
While beauty is generally recession-proof, executives said the category is not “immune to consumer pressure” and customers could pull back.
An Ulta Beauty storefront. Ulta is seeing improvement in the performance of stores that were hit by competitive openings, like Sephora’s Kohl’s shop-in-shops, CEO Kecia Steelman said Thursday on a call with analysts.
Kaarin Vembar/Retail Dive
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