While Ulta Beauty plans to open approximately 30 new stores in fiscal 2020, it also plans to close 19 in its second and third quarter this year. COVID-19 put new store activity on hold but it's expected to resume in August and will be finalized for fiscal 2021, according to the filing. Ulta rehired 50 percent of its furlough employees laid off in April, the filing stated. As part of its reopening plan, face coverings are now required to enter their stores.