Industry Trends

Excerpt: A medical spa is a hybrid between a medical clinic and a day spa that operates under the supervision of medical doctor…  Medical spa menus vary, but you can usually get also get medical spa treatments like laser treatments , laser hair removal, IPL (intense pulsed light) treatments,  microdermabrasion, photofacials, injectables like Botox  and fillers, aggressive chemical peels and skin tightening.  

Excerpt: Did you dream of owning a salon only to wake up to the nightmare of dealing with a booth renter who is making your life hell? She refuses to fold the towels, doesn’t sell retail because she’s an “Artist”, keeps asking when you are going to do some advertising and reminds you constantly that you can’t tell her what to do because she’s an independent contractor. 

All of this stomach-churning drama could be avoided if you had a contract…  An agreement between you and your stylists outlining where your salon is headed and what your stylists need to do to go there with you.

Excerpt: The consumer product rental industry includes about 15,000 companies with combined annual revenue of $22 billion. Major companies include Blockbuster, Movie Gallery, Aaron Rents, and Rent-A-Center. The industry is concentrated: the largest 50 companies account for about 60 percent of industry revenue. Video tape and disc rental account for half of industry revenue.

Competitive Landscape - Demand is driven by personal income and the timing and popularity of new movie releases. The profitability of individual companies depends on the right merchandise mix and inventory financing costs. Large companies have advantages in economies of scale in purchasing, distribution, and advertising. Small companies compete effectively by providing superior customer service and catering to local demographics. The industry is labor intensive: average revenue per worker for a typical company is less than $100,000. 

Excerpt: The credit crunch’s rippling effect has touched every industry, including the furniture industry. Of the top furniture stores in the industry, Ashley furniture continues to make a strong statement. Currently furniture sales trends seem a bit disheartening, but there is hope on the horizon for the economic future of furniture sales. Ashley Furniture has been leading the pack for a while now and once again ranked #1 of 100 of the nation’s top furniture stores for the third year in a row. However, Ashley Furniture, a manufacturer and distributer of high quality furniture, hasn’t escaped the decline in sales volume. Although still ranking #1, they decreased by 15% in their sales numbers last year, topping off at 2.1 billion dollars in sales…