According to a joint release issued Thursday, the companies said they have “mutually agreed” not to renew their pact, which concludes in August 2026. Until then, the Ulta Beauty experience at Target will continue in Target stores and on Target.com, the release said.

The 600 mini-Ulta Beauty stores inside Target stores nationwide, which includes 13 in the Bay Area, will close next year. Both companies agreed not to renew their partnership, but neither company offered a reason for the split. OAKLAND, Calif. - Ulta Beauty and Target have "mutually agreed" to close the mini-Ultas inside Target stores next year.

The companies said the partnership — which also added some of Ulta’s merchandise to Target’s website — will end in August 2026.