Barbers mark 25 years as hair care innovator
Joe Francis rose from shoeshine boy to open his first barbershop in West St Paul in 1957 and built The Barbers Hair Styling for Men & Women Inc into a nationwide franchiser. The Barbers, lauded by Venture in 1986, now has about 350 shops in 17 states with 75 more planned for 1988, evolving into Cost Cutters with unisex and low budget options.
MENTIONED IN THIS ARTICLE
Tony Kennedy
Associated Press
Minneapolis
Joe Francis
West St. Paul
Twin Cities
Francis
Barbers Hair Styling
Men & Women Inc
Barbers
Venture Magazine
Barbers aims for growth as franchise boom reshapes industry
Francis, head of The Barbers chain, recalls 1982 launch of franchised outlets and a shift to European razor cuts. He notes hair care spending rising from 5 to 22 billion dollars in 12 years and plans 1988 expansion into California, Texas, Oklahoma, Kansas, and New York while predicting a shakeout among major franchisers. Francis survived cancer and leads a Minneapolis based firm seeking earnings to strengthen the balance sheet.
MENTIONED IN THIS ARTICLE
Francis
California
Texas
Oklahoma
Kansas
New York
IRS IRA reform adds complexity to record keeping
Tax reform keeps April 15 deadline for all 1987 IRA contributions, deductible or not. Provisions create partial deductions based on income, and non deductible contributions complicate withdrawals. Taxpayers must prorate withdrawals based on taxed versus untaxed funds and file Form 8606 for non deductible contributions.
MENTIONED IN THIS ARTICLE
Os Angels Times
IRS
Sale of more public housing stock urged by HUD plan
The Washington Post reports the Reagan administration seeks to sell more of the nation's public housing stock and bar rent control cities from HUD rehabilitation funds. The $125 billion HUD budget also trims or ends several programs and pushes tenant led sales without continuing subsidies. The plan targets about 100,000 new housing vouchers and shifts funds toward low income housing while limiting Community Development Action Grants.
MENTIONED IN THIS ARTICLE
Ann mi
Washington Post
Congress
Department of Housing and Urban Development
HUD
Office of Management and Budget
OMB
Department
District of Columbia
Auuicrme
This Week Watch for Economic and Local Meetings
A Federal Reserve December capacity use report CPI and housing starts loom. Cedar Rapids groups meet through Friday with diverse topics from tax legislation to bio mass and statistics. A New York rate snapshot lists prime, discount, and treasury figures.
MENTIONED IN THIS ARTICLE
Federal Reserve
Knight-Ridder Inc
Detroit Free Press
Cedar Rapids
Wyoming Pma
Insurance Women of Cedar Rapids Inc
CityCenter
Mary Wigger
Life Investors
Cedar Rapids Business and Professional Women’s Organization
Hoover
Roosevelt Hotel
Tom Smith
Corporations favor short term financing over futures and options
A Conference Board study finds major corporations still rely on short term financing and swaps to lower debt risk, viewing futures and options as speculative. Despite caution, executives anticipate growing interest as market understanding improves and staff expertise grows.
MENTIONED IN THIS ARTICLE
New York
Conference Board
Institutonal
Melissa A. Berman
Malibu Cigarettes Spark Resident Backlash Over Town Name
Malibu residents including Dallas actor Larry Hagman condemn American Tobacco Co for naming a cigarette brand Malibu after the seaside enclave. They argue the name associates the town with smoking, unfitting the image of their celebrity haven and its sun and ocean lifestyle.
MENTIONED IN THIS ARTICLE
Malibu
Calif
Larry Hagman
Dallas
Malibu Cigarettes
American Tobacco Co
Hagman
The
Dallas Star Larry Hagman Stuns Fans in Latest Appearance
Fans gasped as Larry Hagman, star of Dallas, appeared at a public event delivering a magnetic performance that left attendees buzzing about his iconic screen presence and enduring star power.
Malibu residents condemn Malibu cigarette branding
Actress Ali MacGraw and other Malibu locals express anger and cynicism over a smokeout campaign and trademark use. American Tobacco spokesman Dan Conforti defends Malibu brand, noting the company owns the name and markets 49 tobacco products.
MENTIONED IN THIS ARTICLE
Ali McGraw
Malibu
Ford
American Tobacco
Dan Conforti
Also Mentioned on This Page
Ainees
St. Paul's West Side
Edgewood Road
Collins Road
St. Paul
Denver
Mercy Hospital
Administrative Management Society
East Central Iowa
Educational Services Center
Second Ave
Eastern Iowa Personnel Association
Longbranch
Cedar Rapids Board of Realtors
Presient
Scott Ovel
Printing Industries of the Midlands Inc
Hyperion Country Club
Johnston
Iowa
National Management Association
Cedar Rapids Metro
Daryl Spivey
KSF Associates Inc
ALN. Palmer Chapter
Professional Secretaries International
Holiday Inn
Angela Svoboda
Washington High School
American Society of Appraisers
Pam
Thunderbird
Marshall Town
Iowa City
Towa Engineering Society
Waterloo
Kennedy High School
Telerate Systems Inc
Telerate
Federal Funds
by_ finance ‘company
Bankers Acceptances
Treasury
Bill Osborne
Millhiser Smith Agency
Dallas’ Star
Tom
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