While paid search and email marketing both still top retailers’ list of effective customer acquisition channels, social media has moved up the ranks to become an important tool for engaging with and attracting new customers. According to the "State of Retailing Online 2015"—which includes personal care among its industries surveyed and was conducted by Shop.org, Forrester Research and Bizrate Insights—25% of retailers surveyed cite Facebook as a top acquisition platform.
The National Retail Federation recently told Congress that the Labor Department’s proposal to expand overtime would limit career opportunities for workers, and released updated research showing that the plan could cost retailers hundreds of millions of dollars in administrative costs, even if most workers see no increase in take-home pay.
Mark Cuban discusses Beauty Pitch With Beauty Store Business at Cosmoprof North America 2015!
The Professional Beauty Association partnered with Cosmoprof North America to launch the ultimate brand presentation for beauty entrepreneurs at PBA Beauty Week 2015. Five finalists pitched their businesses to a panel of top investors including renowned entrepreneurs Mark Cuban and John Paul DeJoria. Beauty Store Business executive editor Marc Birenbaum talks to Mark Cuban about the first-ever Beauty Pitch presentation and why he selected the winner.
Intrepid Investment Bankers, a leading middle-market investment bank, announced July 17 the acquisition of its client, Chatters Canada—the largest retailer of professional haircare products in Canada and one of the largest hair-salon operators in that country—by ONCAP, the middle-market private-equity platform of Onex Corp., in partnership with the existing management team. The investment is being made by ONCAP III.
"The Cloud" is touted as an affordable option for storing data. But read your contract carefully so that you're protected.
While untold numbers of beauty retailers are saving money by moving to the cloud, IT experts say these businesses need to ensure their cloud contracts include ironclad security protections or they'll suffer an uncertain future. "After reading in the news how accounts are hacked and sensitive photos of celebrities are sold, anything that uses cloud services can be a real issue," says Kim Snyder, CEO of Overall Beauty. "You need to know how safe your cloud services are going to be.