Ulta Salon, Cosmetics & Fragrance (NASDAQ:ULTA) is the largest beauty retailer that provides one-stop shopping for prestige, mass market, and salon products and services in the U.S. Customers love its off-mall convenience and the great value it offers through discounts and its customer loyalty program, and Ulta is growing fast. Management thinks the company can go from about 450 stores now to 1,200 -- and the company is focused on its online sales platform, which is improving sales. At the helm is Ulta's new CEO, Mary Dillon, who has the retail and digital strategy chops to take the company to the next level. Find out more by watching the video below!

Sara Hov has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Ulta Salon, Cosmetics & Fragrance. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.