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Supercuts Company

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BUSINESS
July 16, 1989 | JANE APPLEGATE, Times Staff Writer
Supercuts and Fantastic Sam's emerged in the mid-1970s by offering no-appointment-needed, moderately priced haircuts. They were an instant success with both men and women, filling the void left by the disappearing neighborhood barber and beauty shop.
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BUSINESS
August 14, 2003 | From Bloomberg News
Supercuts Inc., a U.S. chain of hair salons owned by Regis Corp., agreed to pay $3.5 million to end a government lawsuit that it discriminated against black employees, according to the U.S. Equal Employment Opportunity Commission. Minneapolis-based Supercuts was accused of refusing to hire or promote black workers and of firing some because of their race. As part of the settlement, people who applied for jobs or were fired or denied promotions in the company's eastern U.S.
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BUSINESS
July 16, 1996 | JAMES F. PELTZ, TIMES STAFF WRITER
Regis Corp., seeking to exploit the fragmented hairstyling industry by acquiring other chains, said Monday that it has agreed to buy ailing Supercuts Inc. in a stock swap valued at $120 million. Regis already operates several groups of shopping-mall-based salons, and its proposed buyout of Supercuts--a pioneer of the discount haircut chain--fits its strategy of grabbing a bigger share of a market dominated by mom-and-pop outlets.
BUSINESS
July 16, 1996 | JAMES F. PELTZ, TIMES STAFF WRITER
Regis Corp., seeking to exploit the fragmented hairstyling industry by acquiring other chains, said Monday that it has agreed to buy ailing Supercuts Inc. in a stock swap valued at $120 million. Regis already operates several groups of shopping-mall-based salons, and its proposed buyout of Supercuts--a pioneer of the discount haircut chain--fits its strategy of grabbing a bigger share of a market dominated by mom-and-pop outlets.
BUSINESS
August 14, 2003 | From Bloomberg News
Supercuts Inc., a U.S. chain of hair salons owned by Regis Corp., agreed to pay $3.5 million to end a government lawsuit that it discriminated against black employees, according to the U.S. Equal Employment Opportunity Commission. Minneapolis-based Supercuts was accused of refusing to hire or promote black workers and of firing some because of their race. As part of the settlement, people who applied for jobs or were fired or denied promotions in the company's eastern U.S.
BUSINESS
July 16, 1989 | JANE APPLEGATE, Times Staff Writer
Supercuts and Fantastic Sam's emerged in the mid-1970s by offering no-appointment-needed, moderately priced haircuts. They were an instant success with both men and women, filling the void left by the disappearing neighborhood barber and beauty shop.
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