The parent company of Hair Cuttery, Bubbles, and other salon chains will close more than 80 locations around the country starting later in January. The Ratner Cos., based in Vienna, Virginia, said it will close 10% of its 844 stores. The portfolio currently includes salons under the Hair Cuttery, Bubbles, Salon Cielo, Salon Plaza and Cibu brands. The company is making the move to combat “intense competition and rising operating costs,” Phil Horvath, Ratner President and COO, said in a statement.…
from https://www.bizjournals.com/baltimore/news/2020/01/16/one-of-the-country-s-largest-salon-chains-to-close.html?ana=RSS&s=article_search
via https://baltimorecheckbook.tumblr.com/post/190290386967
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