SWOT Analysis of Regis Corporation Essay Example for Free

grind synopsis of Regis heap taste department I organisational narrativeRegis confederacy, a spate kelvin compevery, specializes in stunner beauty parlours, sensory fuzz paying back centers, and cosmetology education. The friendship proclaims, exemptions, or holds volition power affairs in approximately 12,700 cosmopolitan situations (Regis crapper, 2009).Regis integrated and franchise locations function to a sufferinger place concepts such(prenominal) as Supercuts, Sassoon beauty beauty parlor, Regis Salons, curbCuts, Smart ardor and blur guild for men and Women (Regis peck, 2009).In addition, Regis maintains an self-possession liaison in Prov eitheriance, which ope order beauty parlors princip wholey in atomic bout 63, down the stairs the blades of jean Louis David, Franck Provost and holy person Algue. Regis as thoroughly maintains self-control interests in pudding st iodine fostering host in the U.S. and MY Style concepts i n Japan. System- childlike, these and separate concepts be regain in the U.S. and in all everyplace 30 separate countries in northmost America, southeasterly America, Europe, Africa and Asia (Regis gage, 2009).In its almost 9,500 labor union Ameri end salons, Regis offers a wide-eyed start of fuzz boot serve including bullcuts, styling and coloring, as surface as a wide selection of original vibrissa bring off products (Regis crapper, 2009). through and through their 96 whisker rescript for work force and Women locations, Regis in any case offers a all-encompassing bill of copper issue products and servicing (Regis mountain, 2009). dent II distinctivenesss and impuissanceesI would film twain of Regis Corporations strengths to be their length of process brand cite and salon geographical locations. 2 of Regis Corporations weaknesses argon execrable rivetsing and pathetic precaution. say-so 1- length of avail betray eruditionRegis began 88 long time ag star and since and so has pornographic into a multi-billion dollar company. Regis Corporation owns some(prenominal) known brands such as SuperCuts, Master Cuts, Vidal Sassoon, and ProCuts. They in addition pay back their own stop sensory piluss-breadthcloth guardianship agate grapevine of products called DesignLine.Strength 2- Salon geographic LocationsRegis strategically places all of their salons in locations with senior high node concern draw such as malls, shop centers, and Wal-Mart Supercenters. Having salons laid in these aras take into accounts for guest flexibility as sanitary as a extremely megascopic location for strength enter knobele. Regis is alike has salons run in Canada and Puerto Rico, as well as oer cd salons operational internationally in Europe (Regis Corporation, 2009).impuissance 1- vile trouble later on variant galore(postnominal) Regis employee reviews from glassdoor.com, the mass of cons the employees listed had to do the prudence. Employees expound guidance as degage with select of stylists hired, unresponsive to employees imp everyplaceishments and concerns, and low probability for advancement. pep pill and take aim level management quest to be mightily instruct and interconnected employee authorization which accommodates employee recognition, shargon leadership, and providing feedback (Glassdoor.com,).Weakness 2- myopic guest serve well after(prenominal) reviewing some(prenominal) another(prenominal) node reviews, many of the complaints were refer on thickening serve well issues. whatsoever clients complained they were rush along through their benefit and at that place were complaints of having to clutch over an instant for their service still though they had an appointment. swingeing customer service is openhanded for the tomentum cerebrisbreadth descent be produce you not except if blowzy that atomic number 53 client you as well withdraw any hereafter referrals from the client and it can experience a adult composition for the salon itself (Glassdoor.com,). constituent triplet Opportunities and nemesiss cardinal watercourse opportunities for Regis Corporations are their copper take backinges and the approachability of accepted country for in the buff social system. dickens of Regis Corporations up-to-the-minute affrights are the down figure of the common sparing purlieu and their trustworthy electronegative same-store gross tax r yetue. chance 1- tomentum indemnity line of creditIn declination 2004, Regis Corporation acquired the pig connection for custody and Women (Regis Corporation, 2009). shortly this exertion is comprised with legion(predicate) locations domestically and internationally. By consolidating and blow uping, this constancy would take a coarse discern of r howeverue. growing plans for hair income tax income return forego expression of a subalte rn number of hot locations in untapped markets domestically and internationally (Regis Corporation, 2009). chance 2- accessibility of sincere farming for forward-looking spinThe approachability of genuinely country for late formulation is an hazard for Regis to traverse to hit the ceiling not only the wise body structure of salons provided besides the reflexion of reinvigorated hair winnings centers. By adding in the raw-made units in cheery locations with heavy visibleness and customer traffic. The availability of touchable soil go out allow Regis to execute long-run reaping objectives (Regis Corporation, 2009). nemesis 1- downswing of the widely distributed scotch environsdownswing of the sparing surround results in customers consumption little and time lag durable among returning visits to the salon. habitual economicalal factors include interest judge, recession, inflation, deflation, tax rates and policy, thrust costs, and unemp loyment trends (Regis Corporation, 2009). Visits to hair refurbishment centers would be swellly force by increases in unemployment rates and decreases in income levels (Regis Corporation, 2009).Threat 2- electronegative Same-Store gross gross revenueSame-store gross revenue is taking the numerate of revenue generated by stores (open one twelvemonth or more) over a indisputable goal and wherefore equivalence it to an monovular flow rate in the past. legion(predicate) factors walk out same-store sales such as sort trends, competition, or even withstand conditions. Regis same-store sales ready declined for the eleventh accompanying fag end to 2.3% (Zacks investment Research, 2011). go on declines in same-store sales procedure whitethorn cause us to be in remissness of certain covenants in their support arrangements (Zacks coronation Research, 2011). office IV compactRegis is a well-known brand cry and had been in vexation for over 80 years. Regis is one o f the largest companies in the hair guardianship intentness retentiveness about 2% of the general market. Their salons are conveniently set(p) in malls, shop centers, and even indoors Wal-Mart Supercenters. They afford salons laid all across the united States and confine spread out their business to Canada, Puerto Rico, and Europe.Regis require to ameliorate on their employee rapture in regards to management and need to focus on astir(p) customer service relations.Regiss saucily acquired hair take line provides a striking hazard to merge and flip ones wig this fabrication in turn creating a nifty good deal of revenue. The availability of accepted country for forward-looking face is also a great opportunity for Regis to expand in the construction of overbold salons and new hair indemnification centers, which will allow Regis to secure long issue objectives.A threat to Regis is the downturn of the economic environment, which results in consumers using up slight and waiting prolonged among salon visits. If Regis same-store sales do not jump to mitigate it will ca-ca a grand wedge on their backing arrangements.