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"Recession blonde?": Salon business slumps amid economic uncertainty

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. n-business-slumps-amid-economic-uncertainty.html
  Print publication without navigation Published in Business and Finance on by MSNBC
  • 🞛 This publication is a summary or evaluation of another publication
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MSNBC's Ari Melber reports on a new trend dubbed by Vogue magazine as "recession blonde," a shift in consumer spending at the hair salon due to uncertain economic conditions.
The article from Yahoo News discusses the impact of economic recession on small businesses, focusing on a hair salon named Recession Blonde in Austin, Texas. The salon, owned by Amanda Peterson, has experienced a significant slump in business due to the economic downturn, with clients cutting back on non-essential services like hair treatments. Peterson has had to reduce prices and offer promotions to attract customers, but the salon's revenue has still dropped by 40% compared to the previous year. The article highlights the broader challenges faced by small businesses during economic downturns, including decreased consumer spending and the struggle to maintain profitability.

Read the Full MSNBC Article at:
[ https://www.yahoo.com/news/recession-blonde-salon-business-slumps-005353698.html ]