Sally Beauty Holdings Inc. said it plans to accelerate efforts to optimize its store portfolio by closing 350 Sally Beauty locations, mostly in the U.S., as well as two distribution centers by the end of the year.
In its fourth-quarter earnings announcement, the Denton, Texas-based distributor and retailer of professional beauty products (NYSE: SBH) said it "has been piloting store closures in various markets" during the past several quarters and has seen positive sales-recapture rates and improved…Sally Beauty will shutter 5 Kansas City-area locations as it accelerates store closings
Sally Beauty Holdings Inc. said it plans to accelerate efforts to optimize its store portfolio by closing 350 Sally Beauty locations, mostly in the U.S., as well as two distribution centers by the end of the year.
In its fourth-quarter earnings announcement, the Denton, Texas-based distributor and retailer of professional beauty products (NYSE: SBH) said it "has been piloting store closures in various markets" during the past several quarters and has seen positive sales-recapture rates and improved…