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Ulta Beauty

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Executive Summary The following paper is about a company that is at the top level of their industry in selling their products and services. The background of this company describes about what kind of company this is and the types of products and services it provides to their customers. This section also includes the recent performance of this company and the varying aspects of what their target customers and whose is the competition. This beauty retail store SWOT Analysis includes several strengths and weakness that it has currently developed in its structure. However, there are a few opportunities that this company should take advantage to seize the moment and there are a few threats in which they should find new ways to overcome …show more content…

This framework helps managers to think strategically and needs to be considered when performing an industry analysis. Strength The strength of Ulta involves several aspects that give this organization the upper-hand in their industry market. The ability of Ulta opening multiple stores in a short period of time shows that the barrier of entry into the cosmetics industry is low for this company. Ulta has been able to establish brand loyalty with their customers, which is contributed from the numerous exclusive products that they offer in their stores. Their stylists have achieved excellent customer responsiveness from the services they provided at their full service saloons. An important factor about their financial structure is that Ulta have a very low debt percentage; this is a key strength that this company has over their competitors. Weakness Just like any other company, Ulta has displayed several weaknesses in their organization in which they are trying to overcome these obstacles. Being a young company, there has been many costly mistakes from the executive level that have contributed to their operations. The replacement of their CEO Lynn Kirby has been a weakness to the organization in these recent periods. Their human resource department seems to lack the resources it needs for operations, they need to be effective and efficient in dealing

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