Table of Contents
Founding [edit ]
Robert “ Bob ” Bernstein, CEO of Bernstein-Rein, advertising company, developed and founded the salon and health spa superstore in 1995. Bob ‘s son, David, started with the party in 1995, became Vice President of Operations in 2000, then the COO in 2006 before Bob finally made David President and Owner of Beauty Brands in 2009, with Bob remaining as Chairman-CEO. [ 2 ]
Locations [edit ]
As of April 2013, Beauty Brands has 65 locations in 11 states, spanning all over the Midwest with stores in Arizona, Colorado, Kansas, Missouri, Iowa, Oklahoma, North Carolina, Indiana, Illinois, Nebraska, Ohio and Texas. [ 3 ] [ 1 ]
Reading: Beauty Brands – Wikipedia
In December 2018, Beauty Brands decided to downsize the company by closing 35 of its 58 stores they had throughout the nation and reduce staff at its headquarters by a third gear, leaving approximately 50. Beauty Brands ’ CEO Caryn Lerner said “ This class has proven to be a hard year for our business despite our efforts to combat industry headwinds. Necessary organizational changes are required heading into the new year. Make no mistake, these are unmanageable decisions which we did not take lightly. ” [ 4 ] In February 2019, The Bernsteins took over the leases at 23 stores, including all 14 in the Kansas City area, and the Lenexa distribution center. A bulk of the stores are in Missouri and Kansas ; the remaining six are in Iowa, Illinois, Colorado and Texas. [ 5 ]
In August 2019, Beauty Brands re-entered a commercialize, Avon, IN for the first meter since the Bernsteins took control of the smasher and salon/spa retailer earlier this class. The company previously had Indianapolis-area locations, but those locations closed as part of the company ‘s bankruptcy proceedings prior to the Bernstein ‘s take over. [ 6 ] In March 2020, Beauty Brands re-entered the Waco, TX market, making it the twenty-fifth localization.
Read more: 5 Quick Tips Regarding Shampoo
ownership [edit ]
In 2013, the company was purchased in part by Lyn Kirby, the early CEO of Ulta and the buyout group she works for based in California. Kirby bought the majority stake from Bob Bernstein. Bernstein will hush have a minority interest in the company. The private-equity buyer and terms of the manage can not be discussed by either party due to a confidentiality agreement. [ 7 ] Kirby served as CEO of the company, while rich Bos replaced David Bernstein as president of the united states while Bernstein continued to serve as a adviser. Bos spent more than two decades with Ulta, ultimately as the vice president of the united states of selling. [ 8 ] [ 1 ] In 2019, the fall through of Beauty Brands, along with his son, former company CEO David Bernstein, won court approval in February to buy the Kansas City-based beauty and salon retailer, which filed for chapter 11 bankruptcy in January of 2019. The Bernsteins took over the leases at 23 stores, including all 12 in the Kansas City area, and the Lenexa distribution center. A bulk of the stores are in Missouri and Kansas ; the remaining six are in Iowa, Illinois, Colorado and Texas. Moving fore, the Bernstein ‘s design to re-establish the fundamentals that initially made Beauty Brands successful, including its customer-first approach that offers the right field products, service and attitudes, and a culture that embraces a kin and team-building attitude. [ 5 ]
