Regis Gets Clipped

Sales continue to fall in Q4

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By: TOM BRANNA

Editor

Has Regis Corporation reached the clipping point? Sales continue to fall at the hair salon operator in the US. The company reported that its fiscal  Q4 sales slipped 5% to $502.3 million. And yet, Dan Hanrahan, president and CEO said Regis made significant investments behind three strategies. First, rolling out a new point-of-sale system to approximately 6,700 salons throughout North America. Second, reorganized field management organization. Third, standardized retail plan-o-grams to improve s...

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