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| Company type | Private |
|---|---|
| Industry | Hair salon |
| Founded | 1974 West Springfield, Virginia, U.S. |
| Headquarters | McLean, Virginia, U.S. |
Number of locations | 500 |
Key people | Seth Gittlitz (CEO) |
| Revenue | US$440 million (2019)[1] |
| Parent | Hair Cuttery Family of Brands |
| Website | www.haircuttery.com |
Hair Cuttery is an American unisex hair salon chain and the largest privately held hairdressing chain in the United States.[2][3]
History
Hair Cuttery was founded by Dennis Ratner in 1974, when the first salon was opened in West Springfield, Virginia.[4][5] Since the 1970s, the company expanded to become the largest privately held salon chain in the United States.[6] As of 2021, it has more than 500 salons along the East Coast and the Midwest.[7]
In April 2020, the chain was acquired by debtor in possession Hair Cuttery Salon Holdings Inc, an affiliate of Tacit Salon Holdings LLC, led by CEO Seth Gittlitz. Hair Cuttery Salon Holdings also financed the chain's operating expenses and restored employee pay for the period preceding the acquisition, when the chain's operations were suspended due to the COVID-19 pandemic.[8][9][10]
Operations
The Hair Cuttery Family of Brands operates Hair Cuttery, Bubbles, and Cibu chains of salons.[11] Hair Cuttery operates over 500 salons and employs more than 5000 stylists.[12]
References
- ^ "Hair Cuttery Parent Moves Forward With Ch. 11 Sale Plans - Law360". www.law360.com. Retrieved February 19, 2021.
- ^ S. Pete, Joseph. "Hair Cuttery reopens salons after filing for bankruptcy and selling to new ownership". nwitimes.com. Retrieved February 18, 2021.
- ^ Rodolfo, Roman. "Miami-area salon offers hair-cutting services outdoors". Miami Herald. Retrieved February 18, 2021.
- ^ Alter, Cathy. "Can the Hair Cuttery become millennials' go-to salon? This 75-year-old thinks so". Washington Post. Retrieved February 18, 2021.
- ^ "With more than 900 salons, this family still has eyes on expansion". www.bizjournals.com. Retrieved February 18, 2021.
- ^ Allerton, Haidee (June 1996). "What things cost". Training & Development. 50 (6). Association for Talent Development.
- ^ "About Us". www.haircuttery.com. Retrieved February 18, 2021.
- ^ "Hair Cuttery parent company to sell assets as part of bankruptcy reorganization plan". www.bizjournals.com. Retrieved February 18, 2021.
- ^ Toutant, Charles (April 8, 2020). "Hair Cuttery Lawsuit Could Tee Up Coming Battles Over Layoffs Due to COVID-19: The suit, filed Tuesday in federal court in the District of New Jersey, could be a harbinger of a coming wave of litigation related to the mass layoffs in recent weeks at businesses whose operations were disrupted by COVID-19". New Jersey Law Journal. ALM Media Properties, LLC. Retrieved June 13, 2020.
- ^ Dailey, Kathleen (April 24, 2020). "Daily Labor Report: Hair Cuttery Blames Missed Pay on Virus, Files for Bankruptcy". Bloomberg Law. Retrieved June 13, 2020.
- ^ "Hair Cuttery Family of Brands to give back to local Food Banks on #GivingTuesday and will Launch 12 Days of Giveaways". AP News. December 1, 2020. Retrieved February 18, 2021.
- ^ "Hair Cuttery Stylists Reach Deal Over Pre-Pandemic Closure Wages". Bloomberg Law. Retrieved February 18, 2021.
External links
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This page was last edited on 10 February 2024, at 21:55