Cost Cutters

Ownership

Cost Cutters is owned by Regis Corporation, a Minneapolis-based company that operates the world's largest hair salon chain. This is a corporate chain structure with no local ownership.

Local Sourcing

As a large corporate chain, Cost Cutters uses standardized corporate supply chains and systems across all locations. No evidence of local or regional supplier relationships was found in available sources.

Community Involvement

Cost Cutters often participates in local events and fundraisers aimed at supporting schools and charities, though such involvement appears minimal and standard for corporate chains rather than indicating deep community ties.

Local Workforce

Cost Cutters employees rate their compensation and benefits as 2.6 out of 5 and common complaints include "pay is low and so are tips" and "No benefits until after a full year of working for them". Reviews show mixed sentiment with low wages being a persistent concern.

Revenue Retention

The company sold off 3,108 company-owned salons to franchisees, meaning profits flow primarily to corporate owners (Regis) and franchisees, with minimal local retention in Madison.

Local Presence

No website available to analyze.