Minneapolis St. Paul Business Journal:
With a recession underway, cheap haircuts look better. Great Clips Inc. announced Tuesday it plans to open 300 new locations in North America through 2009.
The Edina-based salon franchiser said in a release that it would award 30 percent more franchises by the end of 2008 than in 2007. Great Clips has 2,700 salons in 130 markets in North America.
Logo from Great Clips.