My hair is getting a little shaggy these days, and I’m not alone — if Regis Corp.’s latest revenue report is any indicator. The Edina-based hair care giant didn’t make as much money as it thought it would during the three months ending Sept. 30. Consumers “are cutting back and, as a result, we are seeing a slow-down in spending and visitation patterns,” CEO Paul Finkelstein said in a statement. Regis still made $680 million, 2 percent more than the same period last year.
Sun Country says it will continue flying its regular schedule, despite filing for Chapter 11 bankruptcy on Monday. Local airline industry expert Terry Trippler tells the Star Tribune that passengers’ tickets are safe and they can book with confidence. Meanwhile, he speculates to Finance and Commerce that Sun Country’s struggles might open the door for a code-sharing partnership or other arrangement with Southwest, which lands at MSP in March.
G&K Services blames the soft economy for its decision to close five facilities, lay off corporate employees and outsource some operations. The Minneapolis-based company makes, cleans and manages uniforms for companies. In a statement, the company said its customers have reduced the number of their employees, and that’s meant less revenue for G&K. No mention in the release about how many Twin Cities employees will be affected.
File under: it’s about time. Next time you’re at a Holiday Station, you should have the choice of chucking your empty pop cans and bottles into a recycling bin instead of the trash. Giant pop-bottle shaped recycling bins will show up at Twin Cities Holiday Stations through the end of the year. It’s part of a partnership with Midwest Coca-Cola Bottling Co. of Eagan. They expect the bins to collect 900 tons of cans and bottles and reduce trash at the stores by 50 percent.
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