News

NRF: Overtime Proposal Limits Career Opportunities

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.

Columns: Makeup Musings

Capitalize on contouring and highlighting trends - these are surely on your customers' radar these days. Help them choose the right products - and profit!

Editor's note: This new column will cover the latest in the makeup product category so you can sell more cosmetics and cosmetic-related merchandise.

Contouring and highlighting are the biggest trends to hit makeup in 2015 so far. Celebrities from Kim Kardashian to Kerry Washington are all doing it, meaning customers will be asking how they can achieve the looks. There is often a misunderstanding about how to properly define those terms and how to market and merchandise the trends in a beauty store, salon or spa. So, let's discuss it.

Watch! Mark Cuban Interview at Beauty Pitch

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.

Largest Retailer of Professional Haircare Products in Canada Joins Forces with ONCAP to Help Accelerate Growth

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.

Features: The Cloud: Are You Secure

"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.

Cosmoprof North America Has Record-Breaking Show

Cosmoprof North America enjoyed a record-breaking show during its 13th edition of the event, July 12-14, at the Mandalay Bay Convention Center in Las Vegas. More than 30,000 people were in attendance and more than 1,000 exhibitors from 39 countries were present, another record-breaking number for the show.