Are consumer getting less haircuts? Salon chain owner Regis Corporation’s total revenue in the first quarter of 2019 fell 8.8% to $287.8 million driven primarily by the net closure of 681 unprofitable salons and the conversion of 477 company-owned salons to franchised locations over the past 12 months. These reductions were offset by revenue growth in the company's franchise segment and a 50 basis point improvement in same-store sales in company-owned salons. The positive same store sale...