When the Baby Boom generation was born, between 1946 and 1964, those of ethnic background made up 28% of the U.S. population. By 1997, the first birth year for Gen Z, nearly half the country (47%) was of ethnic origin: Asian, Hispanic, multi-ethnic. Shortly, the United States will become a...
Not all retail stores are under pressure. One new chain is expanding. Based on a successful formula, the chain plans to add 100 new 10,000-square-foot stores this year for a total of more than 970 units. The stores are called “Ulta Beauty” (Ulta, not Ultra, notice) and offer makeup, skin...
