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Wig-maker gets Regis’ Hair Club business

Edina-based Regis Corp. is selling its Hair Club business … to a wig maker … for $163 million. Chelsea Stevenson at The Wall Street Journal says: “Regis Corp. RGS +1.35% agreed to sell its Hair Club for Men and Women unit to wig maker Aderans Co. 8170.TO +1.99% for $163.5 million, ending its nine-month review of options for the provider of hair-loss products and services. … Regis has struggled in recent quarters as budget-conscious customers have lengthened the time between visits. It recently named Daniel Hanrahan, an executive of Royal Caribbean Cruises, to take over as chief executive on Aug. 6. Aderans, one of the world’s largest maker of wigs, already owns Bosley, a provider of hair transplant surgeries.”

At the Strib, Jennifer Bjorhus adds: “The sale of the unit has been the subject of controversy. Last month a group of doctors contracted by the Hair Club was seeking to block the sale fearing that Aderans would eliminate Hair Club’s surgical business. They had threatened to sue if the sale went forward. A lawyer for the group did not immediately return a phone call Monday. Starboard Value LP, a New York hedge fund that’s an activist investor in Regis, had been pushing for Regis to sell Hair Club as part of a plan to revitalize the struggling hair salon company.”

There was no Minnesota company that could do this? Christopher Snowbeck of the PiPress says: “The Minnesota Department of Commerce has signed a $41 million contract with a Virginia-based company to develop the state’s health insurance exchange — a key piece of the federal overhaul of the nation’s health care system. Maximus Inc. will design and develop technical capabilities, including a consumer-friendly website, for the health exchange as well as Minnesota’s Medicaid health insurance program, according to a news release Monday, July 16.”

Some more T-Paw speculation … from the New York Times. Jeff Zeleney writes: “[A]s the president and his re-election campaign are relentlessly hammering away at Romney’s wealth and business background, some admirers of Pawlenty believe that he could help ease the criticism that the Republican ticket does not appeal to working-class voters. ‘An appealing counterbalance to Romney being a son of a wealthy man and going to elite schools is Pawlenty being the son of a truck driver who went to the University of Minnesota,’ said Ray Washburne, a Dallas businessman who began helping Romney’s campaign after Pawlenty left the race. ‘He’s not elite in any sense of the word.’ ” Few here would disagree with that.

The GleanOur Favorite Congresswoman is seeing tell-tale signs of The Muslim Brotherhood in Barack Obama’s administration. Mark Sommerhauser at the St. Cloud Times writes: “Bachmann is asking how a top aide to Secretary of State Hillary Clinton got security clearance given what Bachmann describes as the aide’s family ties to the Muslim Brotherhood movement. Bachmann also says an investigation of “potential Muslim Brotherhood infiltration” of President Barack Obama’s administration is needed because of interactions between federal agencies and what she calls U.S. front groups for the Muslim Brotherhood. … Bachmann’s June 13 letters singles out Huma Abedin, a deputy chief of staff to Secretary of State Hillary Clinton and wife of former New York congressman Anthony Weiner. Bachmann’s letter says three members of Abedin’s family have had ties to the Muslim Brotherhood, notes that her job affords her routine access to Clinton, and says the State Department has taken recent actions ‘that have been enormously favorable to the Muslim Brotherhood and its interests.’ ”

Some weather factoids from Paul Huttner at MPR:
• 100F today at several southern Minnesota (including metro) locations
• Day 3 of 100 degree heat at MSP this summer? (Most since 1988 when we endured 4)
• “Halftime” for summer today: 46 days since June 1st; 46 days until September 1st
• +7.8 degrees vs. average so far in July at MSP Airport
• 20 days at or above 90 this summer so far (through Sunday)
• 5 years since we’ve seen more 90 degree days (27 days in 2007)
• 83 to 86 degrees — Metro lake water temps running a good +5 degrees vs. average!
72.6 degrees — water temps on Lake Superior east of Duluth
• Relief this week: 80s return by mid week
• ‘Heat Surge’ returns next weekend … upper 90s again, with thunder?”

Over at City Pages, Gregory Pratt digs deeper into Amy Senser court papers and reports the tabloid stuff: “Amy Senser was going through a mid-life crisis when she killed Anousone Phanthavong, drinking too much and cheating on Joe, according to her stepdaughter, Brittani. Those allegations are buried deep inside a court filing submitted by Senser’s attorney, Eric Nelson, late last month. Nelson filed emails he exchanged with the judge and prosecutor, one of which includes an investigative report written by state trooper John Farmakes. That document summarizes an interview with Brittani Senser, who told trooper Farmakes that Amy had issues with alcohol and fidelity. ‘She said that Amy used to work at Thompson Funeral Home on Park Avenue in Minneapolis a few years earlier’, Farmakes wrote. ‘She said that her father told her that he had caught Amy making out with another employee there and her father gave her an ultimatum, either she quit the job or he would leave her.’ ”

Atheists are starting get a bit more respect. The AP says: “The St. Paul Saints plan to change their name for a game sponsored by atheist groups. The American Association minor league club will call itself the ‘Mr. Paul Aints’ when they host the Amarillo Sox on Aug. 10. The Minnesota Atheists and American Atheists suggested the promotion to tie in with a regional atheist conference in town that weekend. The game’s billing is ‘a night of unbelievable fun.’ The letter ‘s’’ will be covered up on Saints signs in the ballpark. Player jerseys will be auctioned for charity.” If this is a prank, I’ll be very upset.

If they close the bars, it’ll mean real trouble. The AP reports: “The south-central Minnesota towns of Truman, Kiester and Elysian have lost their sole grocery stores, leaving residents rueful and wondering what to do next. The three stores, owned by Brad Gohla of Elysian, abruptly closed June 30, leaving city officials to ponder possible solutions to keep the stores operational. Last week, bankers with a lien on the Kiester store were selling off its perishable inventory, with similar actions taking place in the other towns.” … Or maybe SuperValu can expand there.

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Comments (6)

  1. Submitted by Kevin Powers on 07/16/2012 - 03:20 pm.

    $41MM for Health Exchange Contractor?

    Please tell me this isn’t the same outfit that updated the DNR’s camping reservation system!

  2. Submitted by Jackson Cage on 07/16/2012 - 03:35 pm.

    I can’t let it go…

    “a lien on the Kiester”….insert your own joke here!

  3. Submitted by cynthia a matson on 07/16/2012 - 04:44 pm.

    grocery store closures

    Although comments on the name of our beloved little village in southern Minnesota have become ho-hum over the years (the most famous, of course, being the time Kiester native and then-Congressman Tim Penny requested an apology from then-President Ronald Reagan after he took the Kiester name in vain!), reading the Glean this afternoon reminded me that the divide between rural and urban remains one that is almost impossible to comprehend. I wish I had the luxury of joking about SuperValu stores and their current predicament rather than facing the stone-cold fact that we no longer have a grocery store – especially when I remember the time our Main Street boasted three! These closings are heartbreaking for residents here and especially difficult for those who are aging and have no means of transportation to purchase food out of town. It’s ironic, isn’t it, that we live about 15 miles from a parcel of farm land which sold for $10,000 an acre just last Saturday and yet we’re in the middle of a food desert. It’s no joking matter for those of us left here. Thanks for your consideration, friends. And hope for us that indeed a store will return to Kiester – in fact, if you’d like to open one up on our Main Street, we’ll give you naming rights!

  4. Submitted by Pete Barrett on 07/16/2012 - 04:48 pm.

    Calling Joe McCarthy

    Perhaps Shelly can haul American citizens before a House committee and grill them, “Are you now or have you ever been a card carrying member of the Muslim Brotherhood?” Sure, it atrats in the State Department, but it leads to the Army, college campuses….

  5. Submitted by Fluffy Rabinowitz on 07/16/2012 - 05:27 pm.

    Brittani’s chance of getting a reality show

    Unless Dr. Drew invites Brittani, I doubt she will have any other reality show offers. What a dysfunctional family!

  6. Submitted by Dennis Tester on 07/16/2012 - 06:54 pm.

    I’d like to know

    what idiot determined that it would take $41 million to develop a website for Minnesota that theoretically will have to be replicated in 49 other states? Couldn’t someone build a template for a couple of million? Follow the money.

    I already know which idiot in Minnesota said to go ahead with the project, even though it’ll be dismantled within a year.

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