Target and Ulta Beauty are parting ways next summer originally appeared on Bring Me The News. Ulta Beauty is exiting hundreds of Target Corp. stores in a year.

By mutual agreement, Ulta Beauty and Target will end their five-year partnership in August 2026, impacting 600 Ulta-Target shop-in-shops.

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.