Retail Report
Neighborhood Goods Stores To Close Permanently
Neighborhood Goods, a retailer attempting to create a new type of department store for direct-to-consumer brands, has informed vendors that it will be closing this month. In an email sent to them last...
Subscription Box Company Kinder Beauty Shutters
The cruelty-free beauty and lifestyle subscription box service Kinder Beauty has been dissolved, according to an email to vendors obtained by Beauty Independent. “Kinder Beauty has never been profitable,” wrote...
Former Onda Beauty President Reopens Luxury Retailer Sommetbeauty In New York City
Four months after launching in Manhattan’s Tribeca neighborhood, Sommetbeauty is reopening in the Upper East Side. The luxury retailer from Jane Fernandez, former president of clean beauty retailer Onda...
Blissim Shows It’s Possible To Make The Beauty Subscription Box Model Profitable
French beauty subscription box service Blissim is thriving as similar companies in the United States contend with declining demand. Formerly the European arm of the beauty subscription box pioneer...
Ulta Beauty Bets On The Interconnection Between Beauty And Wellness
Although building a wellness business hasn’t been the easiest task for beauty specialty retailers, Ulta Beauty is deepening its commitment to it. In the chain’s earnings conference call for the quarter ended Oct. 29, it reported...
Prestige Beauty “Wins” Black Friday As Holiday Shoppers Pounce On Deals
Reinforcing that it’s hard to resist a good deal, beauty registered robust sales performance over the Black Friday/Cyber Monday holiday shopping period as consumers busily scooped up gifts at discounted prices. In a LinkedIn post,...
