Target shoppers will soon see a major change inside stores as the retailer says it has "mutually agreed" to end its "shop-in-shop" shopping experience with Bolingbrook-based beauty retailer Ulta Beauty. According to a press release, the partnership between the two retailers will end next year.

Ulta Beauty, the largest cosmetics retailer in the U.S. announced Thursday it is ending its partnership with Target. An announcement from the company says the brands mutually agreed to end the Ulta Beauty at Target shop-in-shop partnership that launched in 2021.

Ulta Beauty and Target Corporation announced on Thursday they won’t be renewing their in-store partnership, which ends a year from now in August 2026. Until then, Ulta Beauty products will continue to be sold in Target stores and online at Target.com.

Ulta Beauty (ULTA) on Tuesday received a price target raise from Oppenheimer to $600 from $510, as the firm sounded “upbeat” about new CEO Kecia Steelman’s leadership. Oppenheimer maintained an ‘outperform’ rating,