beautyco is the registered trademark of whoever owns it now.
beautyco.com/org/net/biz/info hosting expired on June 20, 2005. This is all that is left.
beautyco is the registered trademark of whoever owns it now.
beautyco.com/org/net/biz/info hosting expired on June 20, 2005. This is all that
is left.
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Gone but not forgotten If you have any articles or other Beautyco memorabilia, email
it to me at psawin@cox.net. If it is
not in an electronic format, mail it to me at 1420 Evergreen Circle,
Midwest City, OK 73110 and I will scan and return it.
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About Beautyco |
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Beautyco is one of the leading retailers of professional beauty supplies in the United States. Beautyco was founded over a third of a century ago with a simple mission: Provide products, service and enthusiasm to help each customer look and feel her very best. |
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Oklahoma City Store's Executive Calls People Key to Success. |
| By Laura Hinson, The Daily Oklahoman Knight Ridder/Tribune Business News Feb. 9--When Ron Glass was being recruited to lead Beautyco Inc. in 1997, the main factor that prompted him to take the job was the people who work there, he said. Glass, 58, came to Oklahoma City to be president and chief executive of the beauty supply chain after serving as CEO of Bay Area Foods, another large retail chain in San Francisco. He said Beautyco, which was founded in 1970 by Larry Rhodes, has been a successful chain because of its employees and customers. But few Oklahomans .. |
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New Beautyco 42nd for Chain in Oklahoma |
| The 42nd Oklahoma Beautyco store opened last week in Ponca City and they are glad to be here. “We’re thrilled to be here in Ponca City,” says Beautyco Advertising Director Robyn Healy. “The rural communities are the mainstream of our customers and we look forward to a partnership with the community in beauty and pride.” According to Healy, Beautyco Inc. is Oklahoma’s fastest growing professional quality beauty supply store. The new Ponca City location, 2906 North Fourteenth Street, is the ninth new Beautyco store to open within the past three months. “Beautyco is in the business of beauty, catering to women’s wants, needs and desires,” Healy says. “Beautyco has such a diverse product line, that is so extensive with every possible type of taste, personal preference and life style considered. Women can find an abundant supply of hair colors and highlights to the professional quality nail products in one convent location Beautyco is Beauty Solutions. The stores carry more than 7,500 hair, nail, face and body products, providing an array of retail beauty merchandise, with the professional quality supplies emphases. “Beautyco is for every women! We have over 800 nail polishes, over 900 hair care products, and over 300 bath and body items. Every line imaginable for daily beauty care,” states Beautyco CEO Ron Glass Beautyco Vice President of Store Operations Kathy West said, “Beautyco has been a part of Oklahoma beauty history since the 1970 with the most loyal of customers. Our company’s friendly, knowledgeable staff is what makes our business so successful here in Oklahoma.” The manager of the store, Kay Lantz, was particularly anxious for the grand opening. “It has been a long process waiting to open,” Lantz said. “I’m absolutely thrilled that we are open here in Ponca City. The people here gave been so great.” |
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Oklahoma City Beauty Supply Firm Files for Bankruptcy
Protection |
| By Larry Levy, The Daily Oklahoman Knight Ridder/Tribune Business News Jan. 3--TULSA, Okla. -- An Oklahoma City beauty supply company has filed for Chapter 11 bankruptcy protection in Tulsa. Beautyco Inc. filed with the U.S. Bankruptcy Court for the Northern District of Oklahoma late New Year's Eve. The company, which has 36 stores in the state, listed debts in excess of $1 million. "We have plans to continue operations and keep all our stores open," said Ron Glass, Beautyco's president and chief executive officer. "It's just a financial restructuring and something we needed to do. We're looking forward to going on and helping the Oklahoma consumer from here forward." In its filing, Beautyco listed assets exceeding $1 million. The company said it estimates it has sufficient funds to pay its unsecured creditors. It has sought permission from Bankruptcy Judge Terrence L. Michael to pay employees their wages, sales |
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Bankrupt Beautyco beauty products
retail chain shuts stores across Oklahoma |
| Jan. 11--Phones rang with no answer and windows were darkened Monday in Beautyco stores across the state. An employee who would not give his name said the store's locks were changed Sunday night, leaving employees and customers locked out Monday morning. Company representative Stan Curtis said Beautyco's 34 stores are closed temporarily while the chain negotiates with possible buyers. "Beyond that I have no further comment," Curtis said. The closings come as the Oklahoma City-based beauty products retailer wrangles its way through bankruptcy court. Beautyco Inc. filed for Chapter 11 bankruptcy protection Dec. 31, 2003, listing $3.3 million in assets and $8.7 million in debts. Beautyco Investments filed separately on the same day, reporting assets of $5.2 million and debts of $50,000. Beautyco, which listed more than 300 creditors in its filing, sought to reorganize the company with an original plan to continue operating stores. The company has proposed two reorganization plans, with the most recent filed in November 2004. The second plan proposed to reduce the company's secured debt from $6 million to $2 million and to sell newly issued stock in the company to an investor for $2 million. The plan also proposed unsecured creditors receive 5 cents on the dollar for their claims. The bankruptcy court rejected that plan Dec. 9. The denial came after an objection was filed by Beautyco's largest creditor, Colorado-based LINC Aquisition One, which is owed $5.5 million, secured by all property and inventory, including Beautyco's home office and warehouse space at 2600 S Meridian. At the Beautyco store in Belle Isle Station shopping center Monday confused customers barraged neighbor Mike Garretson, who manages The Mattress Firm next door. "I've probably had 20 to 25 women poke their head in to ask what's going on," Garretson said. "At first I just thought someone didn't show up to work." Garretson was surprised by the company's bankruptcy problems. "The store stayed busy all the time," Garretson said. Carl Wayne Wester, a stylist at the Hair Store on N Western, said he shopped occasionally at the store in the Belle Isle shopping center but not enough for the store's closing to make a difference to his business. "They can't carry many of the products we use," Wester said. "It's mainly the public that shops there." Wester said he's not saddened by the store's situation. "This actually helps our business -- and Wal-Mart's," Wester said. Larry Rhodes founded Beautyco in 1970. In 2003, the company reported it employed more than 214 people in five states and recently had opened 12 stores. The company's Web site lists 34 stores -- 32 in Oklahoma and one each in Texas and Mississippi. |
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Beautyco up for Sale |
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Beautyco looked to provide a one-stop shop for open-line professional beauty supplies before closing its doors in
January, 2005. |
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From The Oklahoman, July 30, 2005
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