Amid the spread of the coronavirus, Ulta Beauty Inc. said it plans to put many of its retail staffers on leave. The company said the temporary furlough is effective on April 19. All furloughed staffers who are in company benefit plans will stay enrolled, according to an announcement.
Chief Executive Officer Mary Dillon said in the announcement, “As we navigate this very fluid situation, our teams are evaluating all new information, including recently passed legislation, to ensure we can make the best decisions for our associates, our guests and our business.”
She continued, “After thoughtful consideration, we have made the difficult decision to temporarily furlough many of our store and salon associates. During these uncertain times, we will do all we can to make sure these associates are supported.”
Dillon has also chosen to “indefinitely” not take her base salary, and has also personally contributed $500,000 to the Ulta Beauty Associate Relief Program… PYMNTS.com