salon suites

2014: The Year in Review

How well did you follow beauty news this past year? Take our quiz and find out. Have fun!

1.) Sally Beauty Supply celebrated its ...

A. 60th anniversary
B. 50th anniversary
C. 40th anniversary
D. 75th anniversary

2.) For the first time ever, the Professional Beauty Association presented ...

A. a distributor executive conference
B. an event for beauty store owners
C. an executive summit
D. ISSE in Long Beach, California

New Study Details Chair & Suite Rentals

New Study Details Chair & Suite Rentals

By 2015, nearly 50% of all U.S. salons will offer some form of the booth rental/leasing model. In the long run, there’s little doubt that the better managed, private and corporate chains and booth rental salons combined will satisfy nearly 75% of all U.S. salon consumer market needs. That’s according to the new “Professional Salon Industry—2013, Chair and Suite Rental Study” from Professional Consultants & Resources, a strategic consultancy and salon-industry data source in the United States.

Booth Renters to Increasingly Drive the Salon Biz

Main image: 
Cyrus Bulsara, president of Professional Consultants & Resources

Booth renters are the fastest-growing segment in the salon world. So what are you—salon-industry manufacturers/marketers, distributors, chain salons, beauty store owners and managers, etc.—doing about it?

Those are my two major takeaways from a just-released, first-of-its kind, in-depth study by Professional Consultants & Resources.

Fascinating data from this 2011 Booth Rental Salon Market Study: Booth rentals already make up 35% of all U.S. salons, and in three years nearly 50% of all U.S. salons will offer some form of the booth-rental model.