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Ulta’s ambitious growth plans include 1,200 stores

Ulta Salon, Cosmetics & Fragrance added 22 percent more store space last year and plans to add 125 new locations in 2013. The retailer, which typically opens shop in less-pricey off-mall spaces and attracts fans with a mix of high-end and discount beauty products, was operating 576 stores in 46 states at the end of the first quarter and aims to ultimately grow to 1,200 locations. Read The Wall Street Journal story here.

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