CEDAR PARK, Iowa (AP) Lux beauty salons in Iowa are struggling to find enough money to stay open as the owner of a popular retail chain in the Midwest leaves the company.
Cedars Salon, which has locations in Cedar Rapids, Iowa and Des Moines, has been struggling since August.
Its business has been hit hard by the rise of prescription drug costs.
The chain has been closing stores, including one in downtown Cedar Rapids.
The Cedar Rapids store will be closing by early next month, and will remain closed until the chain finds a new location, said Nancy Johnson, an owner of the Cedar Rapids salon.
The store’s location in the Cedar Falls mall is also closed.
Johnson said she is also concerned about the makeup of the people at her salon.
“It’s like the whole beauty community is just like, ‘This is so sad.
I wish this could go away,'” Johnson said.
“I know it’s hard on all of us.”
Johnson said the business is in dire straits.
Her company has lost about $300,000 in the past two months.
She said her customers are leaving for other beauty salon chains like Sephora, Lancome, and Nordstrom.
Johnson said she’s also losing her employees because the company has only been able to keep up with prescription drug spending.
The company was founded in 1967 and has grown to become one of the nation’s largest beauty saloon chains.
It opened in 2014 in Cedar Falls, Iowa.