Another store is shutting down after many years, adding to the growing list of closures in the retail world. Ulta Beauty, a well-known beauty store, will close one of its Chicago locations on June 14.

A 75% off storewide clearance sale at a soon-to-be-shuttered Ulta location appears to have sparked speculation that the beauty store is going out of business. Like with Chipotle back in April, the ...