Great Clips Recognized as Top Franchise

MINNEAPOLIS, Oct. 26, 2011 - Great Clips, the world’s largest salon brand, was recently recognized as one of the Top 200 largest franchise systems in the U.S. by worldwide sales as reported in the October issue of Franchise Times magazine. Great Clips is ranked 86th, the highest ranked franchise in its industry.

“Our ranking, which is consistently in the top tier, is very indicative of the strength of our brand,” said Rhoda Olsen, CEO of Great Clips, Inc. “While our competitors continue to struggle with slow sales and unit growth, Great Clips is continuing to grow and expand.”

The Franchise Times Top 200 is based on a combination of companies' self-reported sales and unit counts, as well as other public information.

Great Clips recently recorded its 28th consecutive quarter of sales growth and 23rd consecutive quarter of customer growth.

“We continue to lead our category as the world’s largest salon brand,” said Olsen. “And, if you look at the Franchise Times Top 200, we rank higher than a lot of other well-known franchise brands.”

About Great Clips, Inc.

Great Clips, Inc. was established in 1982 in Minneapolis. Today, Great Clips has more than 3,000 salons throughout the United States and Canada, making it the world’s largest salon brand. Great Clips salons employ nearly 30,000 stylists who receive ongoing training to learn advanced skills and the latest trends. Make Great Clips your choice for value-priced, high-quality haircare for men, women and children. No appointments needed, and salons are open nights and weekends. And, it’s more convenient than ever with Great Clips’ Online Check-In. To check-in online, visit www.greatclips.com or download the app for Android and iPhone. For more information about Great Clips, Inc. or to find a location near you, visit www.greatclips.com.

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