Sephora has laid off 117 people, with "a number" of those affected working in corporate positions related to its partnership with JCPenney, Retail Dive was first to report earlier this week.
JCPenney leans on its partnership with Sephora to drive foot traffic to its stores and boost sales, but analysts say the favor is not being reciprocated as these mall-based locations weigh on ...
They are the Goliaths: Sephora with about 500 free-standing stores and some 600 shop-in-shops at JC Penney, and Ulta with over 1,100 stores. By contrast people might overlook Bluemercury ...