Wella Announces the Finalists of Wella Trend Vision Awards
This year’s awards centered around the Monochromatic trend, which is rooted in minimalism and intentional by design.
by Anne Moratto
Read the full report here.
Report Finds that 47% of Salons and Barbershops Couldn't Afford To Pay October Rent
Alignable, an online network for small businesses, issued the report based on a poll of 3,181 small business owners conducted by Alignable from 10/8/21 to 10/28/21.
by Staff
October 31, 2021
1 min to read
Alignable, an online network for small businesses, issued their October Rent Report. This is based on a poll of 3,181 small business owners conducted by Alignable from 10/8/21 to 10/28/21.
According to the report, more than 40% of small businesses in key industries were not able to pay their October rent in full and on time. The top category for rent delinquency this month is beauty.
Of the small businesses surveyed, 32% were still concerned about the Delta variant of COVID-19. Other factors of concern included increasing inflation, supply chain issues, and the labor shortage.
Nearly half (47%) of beauty salons and barbers couldn't afford their rent, with significant percentages of small business owners in the following industries demonstrating similar challenges:
42% in construction (for the second month in a row)
41% of event planners & staffers, including photographers & videographers (up 6%)
41% of restaurants (down 10%)
40% of creatives, including designers, entertainers & artists (up 9%)
39% in the travel/lodging industry (up 17%)
36% in transportation (up 6%)
33% of retailers (down 7%)
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