Modern Retail Rundown: Beauty sales slow down, retailers late on vendor bills & food startup drama

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On this week’s Modern Retail Rundown: Ulta’s latest performance shows that beauty sales may finally be decelerating. Retailers like Express, Peloton and Saks have reportedly been late on paying their vendors — indicating cash flow issues. Finally, there was drama in the food startup space as Momofuku gets litigious with competitors.