Close

Salon Management

Tips On Upping Your Retail Game

by Maggie Mulhern | April 4, 2019
Panico Salon, Ridgewood, NJ
Panico Salon, Ridgewood, NJ

Jack Panico has been a salon owner for most of his professional life. When it comes to retail, Panico is passionate and wants to share what he has learned from his decades as a successful businessman and salon professional.

MODERN stopped by to visit him at his Panico Salon in the heart of Ridgewood, NJ, an affluent suburb of NYC. The ground level salon is large (50 stations), offers just about every beauty service available and includes a medi spa on the lower level.

Panico took us on a tour of his retail space which is primarily spread out on multi-level displays in the windows along street level, but products are peppered throughout the salon on smaller kiosks and placed between each station for clients to hold, smell and test.

According to Panico, salons should aim to make about 20% of their gross from income and staff should be rewarded for their efforts with a decent commission. When asked how to deal with online retail, Panico said that owners should look to partner with brands that are exclusive to the salon and do not offer their products through e-commerce. He also believes each salon should offer at least two lines (he carries Oribe and Windle and Moodie) and that the brands carried should reflect the salon culture.

Check out this tour of his retail space and get some additional tips on how to “up” your own retail game:

Originally posted on Modern Salon

Kati Whitledge, entreprenuer, speaker, author, podcaster and owner of Be Inspired Salon in...

Salon Management

How to "Serve" as a Leader

by Kati Whitledge

As the leader of your salon, what does it mean to serve? Salon Owner and SALON TODAY Blogger Kati Whitledge explores the different ways you can serve your team members, then gives you a pep talk stressing why it's important to keep it up.

Find out why over 400,000 subscribers love our newsletters

David Tashjian and Mitch Eubanks at the front desk of the Mitchell Wade Hair Salon in Oviedo,...

Salon Management

Reinventing the Beauty Industry's Tipping Model

by Stacey Soble

When salon owner Mitchell Eubanks brings in the tipping platform Tippy, he realizes multiple benefits--he stops playing banker and saves on credit card processing fees; his stylists get their tips deposited into their bank accounts more quickly; and his clients have a convenient mechanism for tipping on their credit cards.

Videos

In our video section, watch salon professionals in action, listen to the advice of salon business experts, and tour inside the world’s top salons.

Load More