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Ulta Furloughs Staff Amid Coronavirus Outbreak

CEO Forgoes Base Salary as Nation’s Largest Beauty Retailer Scales Back Capital Expenditures, Canadian Expansion
Ulta Beauty CEO Mary Dillon is forgoing her base salary while furloughing thousands of employees. (Ulta)
Ulta Beauty CEO Mary Dillon is forgoing her base salary while furloughing thousands of employees. (Ulta)
By Jennifer Waters
CoStar News
April 9, 2020 | 9:06 P.M.

Ulta Beauty is following the lead of other major U.S. retailers during the coronavirus pandemic by temporarily furloughing the vast majority of its workforce, with the intention of bringing it back “when it is safe to do so,” the company said.

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