The largest beauty retailer in the United States has just announced the official launch of Prisma Ventures, a digital innovation that will invest $20 million in technology startups. The main objective behind this launch is to encourage long-term partnerships by providing these tech startups an insight into Ulta’s expertise and resources. Fund participants will receive access to Ulta Beauty’s innovation team, consumer insights, and in-market testing opportunities.
JCPenney Beauty To Launch Next Month
In an effort to revamp stores once it’s partnership with Sephora ends in 2022, JCPenney is implementing a brand-new beauty section called JCPenney Beauty.
Costco Loosens Dining Restrictions and Expands Menu
Last March, the COVID-19 pandemic shut down nearly all restaurants across the country, including
Costo’s food court.
With increased vaccination rates and a decrease in positive COVID-19 cases, more restaurants are able
to re-open as dining restrictions begin to loosen throughout the country. Over the past few months,
Costco has slowly started to reopen its food courts and has even announced expanding their current
menu to allow for more options.