Ulta Beauty and Target just announced they will end their five-year shop-in-shop partnership in August 2026.getty Ulta Beauty and Target just announced they won’t renew their five-year partnership after reaching 600 Ulta-Target shop-in-shops, falling short of their original goal of 800 locations. With the partnership ending in August 2026, Target’s got a year to prepare to dismantle the Ulta in-store concessions, which can span up to 1,000 square feet, and repurpose the space.In the announcement, the compan ...