Walmart’s expansion into premium beauty weighs on Ulta
by Contributor since / Followers
2 days ago
artran/iStock Editorial via Getty Images
Walmart’s announcement earlier Friday that it is increasing the number of premium beauty products for sale is a negative for Ulta Beauty (NASDAQ:ULTA), according to Jefferies.
The big-box giant said it is now offering skincare products from La Roche-Posay and