Target and Ulta Beauty are ending their partnership that brought mini beauty shops to hundreds of Target stores nationwide. The companies issued a joint announcement on Thursday, stating that the decision not to renew the partnership agreement was mutual. Since 2021, there have been more than 600 Ulta mini-beauty shops within Target stores. The joint venture also made Ulta's merchandise available on Target's website. The shop-in-shop partnership will officially conclude in August 2026. "We're proud of our shared success with Ulta Beauty and the experience we've delivered together," Target said in a statement. "Our partnership with Target was one of many unique ways we have brought the power of beauty to guests nationwide," Ulta said. This story was reported on-air by a journalist and has been converted to this platform with the assistance of AI. Our editorial team verifies all reporting on all platforms for fairness and accuracy.