Out Of My Mind On A Monday Mornin’

When are you getting a COVID-19 vaccine?

View Results

TGIM! That is my newest motto, love it. Only four days until Friday.

We just returned from one of our favorite resorts in Mexico. They made a business decision and expanded their gym to include one nice room for cardio and one nice room for weights. Guess what room was converted? That’s right, the salon is gone. Not enough business. With destination weddings way down and most likely for a long time, resorts are rethinking everything. As mentioned earlier, the entire fate of steam rooms, saunas and hot tubs is up in the air. Who even knows if locker rooms will exist in a post-pandemic world.

So what is going on in the finance world of pro beauty? Not much. When you realize that a handful of companies own pretty much 80%+ of the business due to acquisitions, you easily understand the state of affairs. Last quarter, Sally Beauty sales were down about 4%, likewise for L’Oreal Professional sales in the USA. Both companies like to talk about the upside of this but c’mon, we know the focus is on consumer business and with more consumers doing their own personal services at home, it is no wonder that Ulta, Sephora and Estee Lauder continue to gain market share.

Believe it or not, acrylic nails is having a resurgence and that is good news for nail salons offering acrylic nails. Perhaps it is boredom with gels, dislike of powder dipping or just loving the shine and durability of acrylics, we are seeing renewed interest. Our new ForPro Expert brand is exceptional and nail techs are loving it.

Tony Cuccio and I were chatting the other day about the industry and how two young rebels got old but at least survived the fallout and are still around to run our companies. He misses traveling to his international customers while I don’t miss traveling for business one second. We talked trade shows and all the activities that took place both on and off the show floor. If Cosmoprof has another show in Vegas, as it is advertising, who is going to exhibit and who is going to attend? For the pro beauty business, days of trade shows as we remembered them are over just like the magazines, educational academies and so much more.

Jeff Bezos retired from being CEO of Amazon most likely to focus on his Blue Origins rocket company. Musk’s Space X is light years ahead and advertising consumer launches this year. Branson’s Virgin Galactic is getting ready too as Branson is set to take off this year in their first manned flight. Are you ready for space travel?

I’m getting the vaccine, but for some reason, supply and demand is not working as advertised. My preference right now is the single dose J&J.

I was reminded that I never published my quick and easy marina sauce recipe. So here it is!

Ingredients:

28 oz. can crushed tomatoes, 2T tomato paste, 3 garlic cloves crushed, 1C each diced celery, carrot and onions, Italian seasoning, salt & pepper, good olive oil, crushed red pepper flakes (optional).

In large saucepot, sauté trilogy of veggies in 1T olive oil over medium heat until tender, about 5-6 minutes. Add garlic and stir for another minute. Season with salt and pepper.

Add crushed tomatoes, tomato paste and 1t Italian seasoning. Bring to boil. Cover and simmer for 20 minutes. Remove from heat and boat motor until smooth (or use food processor). Taste and add more seasoning and red pepper flakes for a bit of spice.

Excellent for use for homemade pizzas too!

TGIM!

Larry

Out Of My Mind On A Wednesday Mornin’

Are you a Costco or Sam's Club Member?

View Results

Another birthday, another year coming up. This year I’m going to celebrate big time and stay up until 10:00PM both Friday and Saturday night! The festivities start Friday with Starbuck’s morning for all TNG talent and then a fab lunch at our corporate headquarters. Saturday the dreadful drive to East Lansing to see the Spartans play Purdue which just clobbered the Buckeyes. After last weeks disastrous loss to the Wolverines along with exiting the stadium for an hour only to endure rain, sleet and wind, is it any wonder Spartan Nation is hurting? Coach Dantonio, how about a V this week and next for my birthday?

My birthday continues on Sunday when I do not have to make brunch or dinner, sorry BUB! And then the real fun is Tuesday when we go to see Stevie Nicks at LCA. Now let me tell you, seeing a concert on a Tuesday night is a big deal especially when I go to sleep at 8:30PM and that is when the music starts playing. Like I said, this is celebrating at the highest level!

Remember back when you had a birthday, you would open the mail box and there would be 10, perhaps even 20 birthday cards with your name on them? These days, kids under 35 only know your cell number for texting, addresses are long gone. At least I know I can count on MGM sending me a $5 Free Play birthday gift. HA!

Here are a few birthday gifts I would really like to see:

  • Hotels eliminating those tiny 1 oz. bottles. It’s impossible to read which one is shampoo or body wash.
  • OPI shipping an order at least 80% complete and without damages
  • The Spartans winning a football game (oops, I already mentioned that)
  • Bill Knapp’s chocolate cake
  • Carter stopping by Sunday (C is my 6 1/2  year old grandson)
  • Max inviting us to fly in his private jet and stay in his new Palisades Park beach house (the joys of selling a company for $175 million, wait, it goes up $25 million each year!) stocked with great red wine and single malts.
  • Tony Cuccio running a 5K
  • John Barth retiring and writing a book “How to be  rep and live the good life without working”
  • Elimination of passwords with 8 letters, upper case, lower case, number and !@$# character.

TNG did it again and was the #1 sponsor for American Cancer Society Strides event in Detroit. We raised more than $130,000 and dominated the field. Sorry Kroger, Suburban Collection and Comerica, you need to step up your game!

I have never seen so much Halloween candy at stores as this year. And who eats candy anymore?

What’s better than Costco’s rotisserie chickens? $4.99 and they are huge, tasty and juicy. Costco sells so many of them, they are now building their own chicken farm that will supply at least 25% of their annual needs. Guess how many they sell a year? You weren’t even close, more than 60 million. They lose about $.75 on everyone they sell which has fed their sales and profit growth over the years. Love that.

Happy Wednesday!