Although Supercuts styles itself as a neighborhood unisex hair salon, the chain targets male clients who want convenience (no appointments necessary) and affordability. The cut-rate haircut chain is a subsidiary of Regis Corporation, the world's largest operator of hair salons. With about 2,150 company-owned and franchised outlets, Supercuts accounts for some 17% of its parent company's approximately 12,700 salons. Supercuts salons are typically located in strip centers in the US, Canada, the UK, and Puerto Rico. Supercuts was founded in the 1970s and performs more than 100,000 haircuts (for an average price of $17) and 1,200 hair colors daily.