Regis Closes Hundreds of Salons Amid Ongoing Struggles
Regis Corporation, a century-old beauty chain, continues its restructuring by closing hundreds of salons in fiscal year 2026. The closures are part of an ongoing effort to streamline operations and focus on higher-performing locations. According to CFO Kersten Zupfer, the company ended the year with 199 fewer salons due to a net decline from 207 closures offset by only eight new openings. The decision reflects broader challenges in the salon industry, including staffing shortages and declining enrollment at cosmetology schools. Despite these difficulties, Regis reported improved financial performance for fiscal 2026 with $32.8 million of adjusted EBITDA and increased unrestricted cash from operations compared to the previous year. Industry experts suggest that Regis faces significant hurdles in its turnaround efforts due to competition from other national chains like Great Clips and Sport Clips, which have captured market share and built strong brand loyalty.
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Topics: Regis Corporation salon closures service industry staffing shortages