No decision yet on NCAA women’s basketball tournament locations

There’s been no decision by the NCAA about the Division I women’s basketball tournament being held at a single-site location, the organization said.



a crowd of people watching a football ball: Notre Dame forward Jessica Shepard (32) drives to the basket as Baylor forward NaLyssa Smith defends during the second half in the championship game of the 2019 NCAA tournament at Amalie Arena.


© Kim Klement, USA TODAY Sports
Notre Dame forward Jessica Shepard (32) drives to the basket as Baylor forward NaLyssa Smith defends during the second half in the championship game of the 2019 NCAA tournament at Amalie Arena.

The NCAA announced Monday that the men’s tournament would be held in one location, likely Indianapolis, in an effort to ensure health standards amid the COVID-19 pandemic that has seen positive tests rise throughout the country.

The women’s tournament is comprised of 64 teams with the first two rounds held on 16 separate campus locations. The winners at each campus site advance to four regional loacations. This year those sites are Albany, New York, Austin, Texas, Cincinnati and Spokane, Washington. 

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The women’s Final Four is scheduled to be played in San Antonio on April 2 and 4.

“The women’s basketball committee is continuing its ongoing discussions to determine next steps for the women’s basketball tournament, with the primary focus of these discussions being on the safety and well-being of the student-athletes, coaches and others involved in hosting and conducting an NCAA championship,” Lynn Holzman, the NCAA vice president of women’s basketball, said in a statement. “Because of the ongoing pandemic, the committee recognizes that the tournament may have a different feel. The committee intends to maintain a field of 64 tams, and a variety of contingency plans – including reducing the number of first- and second-round sites or bringing the entire tournament to one location – are being considered in concert with staff, medical experts and other stakeholders.”

This article originally appeared on USA TODAY: No decision yet on NCAA women’s basketball tournament locations

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Ulta Beauty to open 100 locations in Target stores next year

Target and Ulta Beauty announced a partnership this week to open more than 100 store-in-store locations in 2021.

“The partnership brings Ulta Beauty’s best-in-class beauty authority to millions of guests who love the ease and convenience of Target’s one-stop shopping experience,” a joint news release said.

More than 100 Ulta Beauty at Target locations, complementing Ulta’s existing store footprint, are expected to open in the second half of 2021, according to the release. There are plans to add hundreds more later.

“We are thrilled to bring our beauty expertise, unparalleled assortment and digital innovation to life in a new channel to delight and deepen loyalty with our existing guests and introduce Ulta Beauty to new guests,” said Mary Dillon, CEO of Ulta Beauty.

Ulta spokeswoman Eileen Ziesemer declined to provide a list of the planned locations.

The 1,000-square-foot, shop-in-shop locations will mirror Ulta’s stand-alone stores, according to the release. They will be located next to Target’s existing beauty section. Ulta will train Target team members to be experts in its “prestige” beauty offerings.

Established in 1990, Ulta is the largest U.S. beauty retailer and destination for cosmetics, fragrance, skin care products, hair care products and salon services. Ulta features 25,000 products across 500 brands.

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Ulta Beauty gains on plans to open stores at over 100 Target locations

FILE PHOTO: Shoppers stand outside a Target store, boarded up initially due to unrest following the killing by police of Black man Walter Wallace Jr, in Philadelphia, Pennsylvania, U.S. November 4, 2020. REUTERS/Mark Makela

(Reuters) – Ulta Beauty Inc’s ULTA.O shares jumped 10% on Tuesday after the cosmetics store chain signed a long-term deal with Target Corp TGT.N to open its own stores at the big box retailer’s locations.

Ulta will have the stores next to Target’s own beauty section, as well as on its e-commerce website, starting next year, with plans to expand to more than hundred locations over time.

“We see this as great traffic driver beginning in 2021 and a partnership that could potentially pave the way for future deals with other retailers/vendors,” Gordon Haskett analyst Chuck Grom said.

Sales of beauty products increased more than 20% in the second quarter, doubling their growth in the previous quarter, Target said in August, as people resume spending on non-essential items following the easing of COVID-19 restrictions.

Ulta has more than 1,200 outlets, while Target operates nearly 1,900 stores.

Target’s shares were up 1.3% at $156.99 in pre-market trading.

Reporting by Praveen Paramasivam in Bengaluru; Editing by Shounak Dasgupta

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Ulta Beauty Gains on Plans to Open Stores at Over 100 Target Locations | Investing News

Reuters

FILE PHOTO: Shoppers stand outside a Target store, boarded up initially due to unrest following the killing by police of Black man Walter Wallace Jr, in Philadelphia, Pennsylvania, U.S. November 4, 2020. REUTERS/Mark MakelaReuters

(Reuters) – Ulta Beauty Inc’s shares jumped 10% on Tuesday after the cosmetics store chain signed a long-term deal with Target Corp

to open its own stores at the big box retailer’s locations.

Ulta will have the stores next to Target’s own beauty section, as well as on its e-commerce website, starting next year, with plans to expand to more than hundred locations over time.

“We see this as great traffic driver beginning in 2021 and a partnership that could potentially pave the way for future deals with other retailers/vendors,” Gordon Haskett analyst Chuck Grom said.

Sales of beauty products increased more than 20% in the second quarter, doubling their growth in the previous quarter, Target said in August, as people resume spending on non-essential items following the easing of COVID-19 restrictions.

Ulta has more than 1,200 outlets, while Target operates nearly 1,900 stores.

Target’s shares were up 1.3% at $156.99 in pre-market trading.

(Reporting by Praveen Paramasivam in Bengaluru; Editing by Shounak Dasgupta)

Copyright 2020 Thomson Reuters.

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2 mall owners with 130 locations across the US are filing for bankruptcy ahead of the holiday shopping season

FILE PHOTO: A J.C. Penney Company Inc. store is pictured at a mall in Langhorne, Pennsylvania, U.S. November 17, 2018.   REUTERS/Suzanne Barlyn
A JCPenny store.
  • Two US mall chains that own a total 130 malls filed for bankruptcy.
  • The locations will remain open for now during financial restructuring.
  • The coronavirus pandemic has been catastrophic for retailers, and malls might not bounce back.
  • Visit Business Insider’s homepage for more stories.

The owners of a combined 130 malls just filed for bankruptcy, CNN reported.

CBL & Associates, based in Tennessee, and PREIT, based in Pennsylvania, both filed for Chapter 11 bankruptcy on Sunday as the retail world continues to suffer the results of the pandemic and lockdowns. Both mall chains will remain open during financial restructuring.

Malls were already in trouble before the coronavirus pandemic struck, and now they may not bounce back. Department stores like Macy’s, Neiman Marcus, and JC Penney — historically anchor stores that occupy large areas of malls and draw customers in — have struggled to draw in customers in the face of COVID-19 and increased online shopping. Without these tenants, malls can be stuck with huge empty space that is nearly impossible to fill.

Read more: Malls’ survival depends on them getting a better mix of stores and making them more interesting to shoppers, the CEO of one major operator says

Both mall chains had mentioned in the past that they were in danger of closing as retailers including JC Penney and Ascena Retail Group filed for bankruptcy this year, CNN reported. Research firm Green Street Advisors told Business Insider in May that it expects half of mall department stores to close by 2021, leaving “excessive dark mall anchor space.” In August, CBL noted unpaid rent and low foot traffic, along with increasing debt, as factors that could lead to bankruptcy, CNN reported.

“Widespread department store closures will accelerate the demise of many malls,” Green Street Advisors said in a spring report. “Many malls will be faced with multiple anchor vacancies, a tough place to come back from.”

More retailers filed for bankruptcy in the first nine months of 2020 than in all of 2019. CBL and PREIT joined the 35 other retailers and restaurant companies that have filed for bankruptcy and liquidation so far in 2020, likely with more to come. 

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