Regis Corporation announced it will close approximately 600 nonperforming company owned SmartStyle salons on January 31, 2018. As a result, any decision that may affect its associates is carefully considered prior to implementation. To retain the unique talent and loyalty of its stylist community, the company intend to offer many of its impacted stylists and salon managers comparable positions in other SmartStyle or Regis family of brands salons. Consistent with company's multi-year strategic plan, Regis is taking steps in 2018 to restructure its salon portfolio to improve shareholder value and position the company for long-term growth.