Business
Supplements in your stocking: Why wellness gifts are gaining steam for the holidays and beyond
Ulta is expanding its wellness shop to have more health-focused brands and more shelf space for those items.
Melissa Repko | CNBC
Santa may be bringing you some supplements this year.
Along with typical holiday wish list items like clothing, perfume and gadgets, the wellness category is poised to gain popularity this shopping season and beyond — particularly as retailers like Ulta Beauty and Target give it more shelf space long before the start of New Year’s resolutions.
Beauty is always a top-performing holiday category. November and December combined account for about 25% of annual spending on prestige beauty items, which includes brands usually sold by specialty beauty retailers and department stores, according to Circana, a market research group. Holiday shoppers said they plan to spend an average of $247 on beauty while buying gifts this year, the fourth-highest holiday category for spending, according to Circana’s annual survey.
Yet the beauty category’s assortment has become wider ranging with the addition of more health and wellness-focused items, such as products that promise to improve nutrition, hydration and sleep.
Larissa Jensen, global beauty industry advisor at Circana, said wellness has gained attention since the Covid pandemic as consumers prioritize self-care and feeling good from the “inside out.”
She said health-related products typically relegated to drugstore shelves, such as teeth whitening kits, vitamins, full-body deodorants and eye drops, have gotten a glow-up. Some now come in more attractive packaging, have gotten backing from influencers and celebrities or have moved to the beauty section as retailers seize a chance to blend beauty and wellness and become a one-stop shop.
Ulta Beauty, in particular, has carved out more space in its stores for wellness. The specialty retailer, which has more than 1,450 stores across the country, has always carried some individual items related to wellness and “beauty from within,” said Laura Beres, the retailer’s vice president of wellness.
Yet as demand grew after the pandemic, Ulta started to open wellness shops inside of its stores in 2021 and devoted about four to eight feet of shelf space to items including probiotic gummies, sleep masks and aromatherapy oils. In August, the company said it would expand the size of those wellness shops to up to 45 feet in about a third of its stores. It’s added nearly 30 new wellness brands to its stores, bringing its total to about 100, Beres said.
She said customers who shop wellness cut across ages, but Ulta has seen growth especially with millennial shoppers and consumers with household incomes of more than $100,000. She said innovation has sparked more interest, especially as customers seek solutions for key life stages that brands overlooked in the past, such as needs for pre- and post-pregnancy and menopause.
This year, she said Ulta is carrying some gift sets of wellness items, including an Advent calendar of Saje Natural Wellness’ essential oils and a beauty sleep gift set from Kourtney Kardashian’s vitamins brand, Lemme. Yet she said she expects wellness to become a bigger part of the holidays in the future as the category grows.
“It’s the perfect combination of being able to give someone else the gift of relaxation during the holiday season in a really elevated way that just frankly, hasn’t existed in the market before,” she said.
Neom Wellbeing is one of the brands carried in Ulta Beauty’s wellness shops. The United Kingdom-based brand makes home fragrances and body care items with essential oils intended to reduce stress, improve sleep or boost mood or energy levels.
Courtesy of Neom Wellbeing
One of the brands in Ulta’s wellness shop is Neom Wellbeing, a United Kingdom-based company that sells home fragrances and body-care items. Neom sells online through Amazon and its website, with many top-sellers focused on improving sleep.
Amanda Kahn, general manager for the U.S. at Neom, said the company’s early sellers this holiday season were stocking stuffers that cost less than $20. As shoppers seek value because of inflation, wellness items are attractive because they’re also practical, she said.
“It feels very giftable while also delivering a benefit that everyone can use,” she said.
Shoppers at a Bath & Body Works store at an outlet mall on Black Friday in Sunrise, Florida, US, on Friday, Nov. 28, 2025.
Eva Marie Uzcategui | Bloomberg | Getty Images
Bath & Body Works, best known for its fragranced soaps, candles and lotions, has launched more wellness-focused items, too. Early this month, for instance, it began selling a new wellness fragrance collection called “Water Winter Mint” with peppermint and alpine waters scents and ingredients including hyaluronic acid and shea butter.
Kristie Lewis, senior vice president of merchandising for the company, said more customers have turned to the mall staple for body-care products or gifts that boost mood and solve health-related challenges, such as dry skin or trouble falling asleep.
Bath & Body Works plans to keep expanding its aromatherapy line and its ingredient-led products, she said. It has aromatherapy body products with natural essential oils and launched a holiday collection with the scents eucalyptus pine and vanilla nutmeg.
“We’re seeing consumers really buy them for themselves, but also for gifts for holiday because who does not want stress relief or sleep, especially around November and December?” she said.
Nutrition and health has been a trending category at Target, too, Chief Commercial Officer Rick Gomez said on a store tour in the Minneapolis area in October. He said wellness has cut across many of the categories Target sells, such as Joylab, a private brand that’s offering bright colors and floral prints of workout gear, Khloe Kardashian’s Khloud protein popcorn, and beauty kits and skin masks.
He said some of those items are giftable, too. Gomez said he bought his nephew protein powder as a gift.
Wellness could gain more square footage at Target next year, he added. It’s one of the ideas Target is considering as its deal with Ulta Beauty ends in August and the branded beauty shops inside of hundreds of its stores close, Gomez said.
While supplements tend to be more popular around New Year’s resolution season, Gruns is hoping its sales get a holiday bump. It’s selling some packs of gummies with a holiday flair, including a Grinch-inspired sour punch flavor.
Courtesy of Gruns
Grüns is one of the wellness items on Target’s shelves. The superfood greens gummies are a healthier spin on a fruit snack for adults, but with a nutritional punch similar to a greens powder, said founder and CEO Chad Janis. Its name is inspired by “grün,” the word for green in German.
Retailers including Walmart, Sprouts Farmers Market and Sam’s Club sell the gummies, which have expanded to other lines for kids and for immune support since the company was founded in 2023.
While vitamin and supplement sales tend to spike around the new year, Janis said the company hopes its gummies will be a gift or a stocking stuffer. It’s selling some holiday-inspired items, including a Grinch-inspired sour punch flavor and a Target pack that’s holiday themed.
Walmart is carrying some wellness items for the holidays, too, as it sees millennial and Gen Z shoppers seek out self-care and wellness items year-round, such as gift sets of body washes from vitamin maker Olly and vitamin patches from Barrière that look like stickers or temporary tattoos.
Even outside of the beauty aisles, retailers have leaned into wellness as a gift-giving category, such as Best Buy, which sells Oura rings and has demos for the health-tracking wearables, and Kohl’s, which carries items including massage guns and portable ice baths.
During this holiday season, wellness may also get more attention from shoppers who buy items for themselves while shopping for gifts for friends and family, Circana’s Jensen said.
“Here’s a little ornament with a lip gloss for you and teeth whitening products for me,” she said.
Yet, in the coming years, Jensen said she expects wellness to gain prominence on holiday wish lists because of their high price tags and their wider acceptance. She compared it to anti-aging skin-care products and gift sets.
She said they once seemed taboo and now, they’re an item that people request.
Business
Markets Closed For BMC Elections, Zerodha CEO Nithin Kamath Calls It ‘Poor Planning’
New Delhi: Indian stock markets are shut today, January 15, after the Maharashtra government declared a public holiday for municipal elections in Mumbai and several other parts of the state. While the move aims to ensure smooth voting, it has sparked a debate in the financial world with Zerodha CEO Nithin Kamath strongly criticising the closure of both the NSE and BSE, calling it a case of “poor planning.”
Kamath Flags Global Impact of Local Market Holiday
In a post on X, Nithin Kamath pointed out that Indian stock exchanges are deeply connected with global markets, yet were closed today due to local municipal elections. Quoting Charlie Munger, he wrote, “Show me the incentive, and I will show you the outcome.” Kamath said the holiday continues because no one who matters has any incentive to oppose a market shutdown, adding that such decisions underline how far India still needs to go to earn the confidence of global investors.
Indian stock exchanges are closed today for Mumbai’s municipal elections.
The fact that our exchanges, which have international linkages, are shut down for a local municipal election shows poor planning and a serious lack of appreciation for second-order effects.
As Munger…
— Nithin Kamath (@Nithin0dha) January 15, 2026
Holiday Added at the Last Minute
The trading holiday on January 15 was not part of the stock exchanges’ original 2026 trading calendar and was added only earlier this week. Both the BSE and NSE later issued separate circulars confirming that trading would remain suspended today due to municipal corporation elections in Maharashtra.
All Key Market Segments Shut, Trading to Resume Tomorrow
Trading remained suspended across equities, equity derivatives, securities lending and borrowing, as well as currency and interest rate derivatives for the day. The commodity derivatives segment was closed during the morning session, but was scheduled to reopen for evening trading. Normal trading on both the NSE and BSE is set to resume on Friday, January 16.
Business
Ofwat investigation opened into Kent and Sussex water issues
Getty ImagesRegulator Ofwat has opened an investigation into South East Water (SEW) after repeated loss of water supplies across Kent and Sussex.
The investigation will consider whether the company has complied with its licence condition to provide high standards of customer service and support.
Ofwat said it was the first investigation it had launched into customer-focused licence conditions.
SEW said: “The company will always fully co-operate with any investigation by our regulators and provide any information required.”
As of Wednesday night, 10,000 properties continued to have no water supply.
Lynn Parker, Ofwat’s senior director for enforcement, said: “The last six weeks have been miserable for businesses and households across Kent and Sussex with repeated supply problems.
“We know that this has had a huge impact on all parts of daily life and hurt businesses, particularly in the run up to the festive period.
“That is why we need to investigate and to determine whether the company has breached its licence condition.”
The investigation was started after the prime minister said the situation, which affected 30,000 customers at its height, was “clearly totally unacceptable” and asked Ofwat to review the company’s licence.
SEW said some customers might not see supplies return until Friday after issues first began on Saturday in the wake of Storm Goretti and a power cut at a pumping station.
The company said it would be using 26 tankers to pump water directly into its network while working “around the clock” to fix leaks and bursts.
Ofwat already has an open investigation into SEW’s supply resilience to determine whether it has failed to develop and maintain an efficient water supply system.
As of 17:30 GMT on Wednesday, SEW said it had implemented a new recovery plan for Tunbridge Wells that involved keeping local booster pumps switched off for a further 36 hours.
The aim was that customers would wake up to a consistent supply by Friday morning.
SEW said its local drinking water storage tanks had not refilled at the speed required, so it had to extend the “outage” to allow it to recover fully.
Business
Goldman Sachs is about to report fourth-quarter earnings — here’s what the Street expects
Goldman Sachs CEO David Solomon speaks during an interview at the Economic Club of Washington in Washington, D.C., U.S., Oct. 30, 2025.
Kevin Lamarque | Reuters
Goldman Sachs is scheduled to report fourth-quarter earnings before the opening bell Thursday.
Here’s what Wall Street expects:
- Earnings: $11.67 per share, according to LSEG
- Revenue: $13.79 billion, according to LSEG
- Trading revenue: Fixed income of $2.93 billion, equities of $3.70 billion, per StreetAccount
- Investing banking fees: $2.58 billion, per StreetAccount
Goldman Sachs is set up to be a beneficiary of several trends in the fourth quarter.
Trading desks across Wall Street have benefited in the last year as President Donald Trump’s policies have roiled markets for bonds, currencies, commodities and stocks.
For instance, rival JPMorgan Chase topped expectations for fourth-quarter results on equities and fixed income trading revenue that exceeded the StreetAccount estimate by a combined $460 million.
Global investment banking revenue in the quarter was 12% higher than a year ago, according to Dealogic, which should provide a boost to Goldman’s advisory business.
The firm’s asset and wealth management division should also see gains as stock market levels remained buoyant in the quarter.
Finally, the bank said last week that its deal to offload its Apple Card business to JPMorgan would result in a 46-cents-per-share boost to quarterly results.
This story is developing. Please check back for updates.
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