March 22, 2017 11:43 PM ET

Diversified Consumer Services

Company Overview of Great Clips, Inc.

Company Overview

Great Clips, Inc. operates a chain of salons in the United States and Canada. It offers an online check-in service, which enables customers to add their name to the wait list of a Great Clips salon before they arrive. The company offers daily care and styling products for men, women, and kids. The company also provides hair care products, including conditioners, detanglers, gels, hair sprays/spritzes, mousses/foams, shampoos, shines, smoothing/straightening products, texturizers, specialty products, thermal protectants, hair treatments, and volumizers; and body care products. It franchises its business. Great Clips, Inc. was founded in 1982 and is based in Minneapolis, Minnesota.

4400 West 78th Street

Suite 700

Minneapolis, MN 55435

United States

Founded in 1982





Key Executives for Great Clips, Inc.

Chief Executive Officer
Age: 63
Age: 54
Vice President of Finance and Treasurer
Chief Operating Officer
Chief Legal Officer and Vice President
Compensation as of Fiscal Year 2016.

Great Clips, Inc. Key Developments

Great Clips, Inc. Announces Management Changes, Effective January 1, 2018

Great Clips, Inc. announced an executive transition plan with current CEO Rhoda Olsen moving to the Great Clips Board of Directors effective January 1, 2018. Current President Steve Hockett will be promoted to CEO and COO Rob Goggins will be promoted to president.

Great Clips to Open First Salon in Mobile, Ala. in Daphne

Great Clips announced that it will open its first location in Mobile, Ala., on April 16 at 27955 Hwy 98 in Daphne. Located in the Magnolia Place shopping center, the salon will host a grand opening celebration and Cut-A-Thon on Saturday, April 23 from 8 a.m. to 6 p.m., to benefit the University of South Alabama Children's & Women's Hospital, a local Children's Miracle Network Hospital. The opening in Daphne is part of Great Clips' expansion plans for the Mobile area and is the first of five new salons slated to open in 2016. Additional confirmed locations to open yet this year include: 3075 Government Blvd. in Mobile; 7440 Airport Blvd., in Mobile.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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