Thursday, October 23, 2014
Wanderport Corporation Enters Multi-Billion Dollars Nails Salon Industry
Oct 23, 2014 (ACCESSWIRE via COMTEX) Image: https://www.baystreet.ca/uploads/yfwudImage.jpg Company Acquires First Nails Salon in Texas Santa Monica, CA / ACCESSWIRE / October 23, 2014 / WanderPort Corp. (OTC Markets: WDRP) today announced that it has acquired Nails Spa as part of a consolidation strategy of the Nails Salon industry. The US nails salon is a thriving 8 billion dollars industry. The salons can range from manicure pedicure only services to full service lounges that also offer hair care, wellness programs and dining. It is a stable industry that sustain well in all economic conditions. The salons are predominantly small family owned businesses. The industry can benefit from a consolidation whereby the cost of beauty supplies can be reduced by leveraging the economy of scale. Labor cost and staff placement can also be simplified by sharing the resources between salons. We are excited to embark on this consolidation strategy of a multi-billion dollars industry as a way to
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