Ulta Beauty to open first Manhattan retail location

By

Obi Anyanwu

Published
Dec 12, 2016

Ulta Beauty is heading to Manhattan. The beauty retailer recently signed a lease for a 12,000-square-foot Upper East Side retail location on 86th Street. Michael O’Neill, Cushman & Wakefield Executive Director, Retail Services, helped facilitate the deal and confirmed the news via social media.
 

The beauty retailer will open its first Manhattan store among brands and retailers on 86th Street in the Upper East Side including H&M, Victoria’s Secret, Foot Locker, Aldo, Gap and Athleta, Urban Outfitters and Banana Republic, and it will be in direct competition with Sephora, L’Occitane, and Lush stores that are also in the area.
 
Ulta currently operates stores in New York at Bay Plaza in the Bronx, at Rego Center and Shops at Atlas Park in Queens, and at Green Acres Commons and The Gallery at Westbury Plaza in Long Island. Ulta also operates 8 stores in New Jersey.

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The Illinois-based beauty retailer announced in October plans to increase its number of retail stores to 1,700. Ulta closed its third quarter with 949 stores, increasing its square footage by 10 percent.
 
Ulta recently updated its full year outlook following its very positive third quarter performance that exceeded expectations.