Target and Ulta Beauty are parting ways, ending a partnership launched in 2021 that created in-store shops filled with beauty products at hundreds of the discounter's stores. According to a joint release issued Thursday,

By mutual agreement, Ulta Beauty and Target will end their five-year partnership in August 2026, impacting 600 Ulta-Target shop-in-shops.

The companies said the partnership — which also added some of Ulta’s merchandise to Target’s website — will end in August 2026.