Regis closing 600 salons in Walmarts…

Regis Corp. plans to close about 600 company owned underperforming SmartSyle Salons inside Walmart stores at the end of January.

The Edina, Minn.-based company has more than a dozen SmartStyle salons in the St. Louis area. The location of the stores slated for closure was not immediately available.

“Consistent with our multi-year strategic plan, Regis is taking steps in 2018 to restructure our salon portfolio to improve shareholder value and position the company for long-term growth,” president and CEO Hugh Sawyer said in a statement.

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