Supercuts owner Regis asks landlords to waive rent

Hairdressing firm seeks to restructure costs to avoid entering administrationThe hairdressing group Regis, the owner of Supercuts, is asking landlords for free rent at more than 20 stores as part of a rescue plan.The group has asked for rent reductions of 25-100% at 110 of its 220 salons. Regis warned that if the plan is not approved by creditors then it was likelyit would enter administration. Continue reading...