Biz/Tech : Franchise Herald

updated - December 14, 2019 Saturday EST

Biz/Tech

Macy's Closing 40 Stores In 2016, Sale This Weekend In Question As Other Malls To Follow

Macy's closing 40 stores in 2016 gave a blow to all over department store and malls across the country.

Xiaomi New Phone Launch Today, Redmi 3 Price Shocks Chinese Market, Apple And Samsung

Xiaomi new phone launch today and it was met with much excitement and shock all across the Chinese market as well as its competitors, Apple and Samsung.

Netflix CEO Chill About Sharing Account, Says ‘Hasn’t Been A Problem’ But Eyes Amazon

Netflix users have been super anxious about sharing accounts, but Netflix CEO was surprisingly chill about it.

Google Play Music Swallows Songza After Acquisition, Curated Playlist Gains Popularity

Google, the giant of tech world, has swallowed yet another small app - Songza.

AT&T Resurrects Unlimited Data Plan To Compete With Verizon, Sprint And Tmobile

Lo and behold - AT&T has resurrected its unlimited data plan!

Apple Samsung Lawsuit And Patent Infringement Continue Into 2016, New Settlement Unlikely?

Apple and Samsung have been in lawsuit and patent war ever since the two companies came to be and it looks like this won’t end any time soon.

Amazon Echo Gets Altered, Reviews Already Mixed As Price For Prime Members Goes Into Debate?

Amazon Echo is looking to get a makeover, but the reviews are already mixed as it goes into previews.

Palantir Technologies Raises Another $880 Million, Now Valued at About $20 Billion

Palantir Technologies, a provider of powerful data analysis tools for government and business, has raised another $880 million in its latest round of funding, people familiar with the matter told The New York Times.

Apple Pay Seeking Growth In Asia And Europe, Enters Markets Comfortable With Mobile Payment Following Slow U.S. Adoptation

Apple Pay Seeking Growth In Asia And Europe, To Enter Markets Comfortable With Mobile Payment Following Slow U.S. Adoption

Apple, Inc. is looking to achieve growth of its Apple Pay in the Asian and European markets in 2016, according to a report from Bloomberg. The company will be entering markets that are more comfortable with the so-called contactless payments following the sluggish start it experienced in the U.S.

Salesforce Acquires SteelBrick, Combination Accelerates SteelBrick's Delivery Of Quote-To-Cash Applications

Salesforce.com Inc. has acquired SteelBrick, Inc., a cloud quote and billing service provider, for $300 million, according to a report from The Wall Street Journal.

Pep Boys In New Deal With Bridgestone, New Offer Amounts To About $947 Million

Bridgestone Americas, Inc. has announced in a press release that Bridgestone Retail Operations LLC, a wholly owned subsidiary of Bridgestone, has amended their Agreement and Plan of Merger dated October 26, 2015 with Pep Boys - Manny, Moe & Jack. Bridgestone will be acquiring all the outstanding common stock of Pep Boys for $17, or approximately $947 million, up from the previous offer of $15.50.

AB InBev Acquires Breckenridge Brewery, Enhances The High End Business Unit

Anheuser-Busch InBev (AB InBev) has announced in a press release that it would be acquiring the Colorado-based Breckenridge Brewery. The acquisition enhances AB InBev’s The High End business unit of craft and import brands.

Mikhail Prokhorov Reaches Deal To Take Full Ownership of Brooklyn Nets And Barclays Center, Marks A Loss For Forest City Enterprises

Mikhail Prokhorov Reaches Deal To Take Full Ownership of Brooklyn Nets And Barclays Center, Marks Loss For Forest City Enterprises

Mikhail Prokhorov, the majority owner of the Brooklyn Nets, has acquired full ownership of the team and Barclays Center from Nets Sports and Entertainment through his Onexim Sports and Entertainment Holding USA, Inc., the team said in its website.

Disney In Talks To Sell Stake In Fusion To Univision, Will Focus On Millenial Viewers Using Other Investments

Disney In Talks To Sell Stake In Fusion To Univision, To Focus On Millenial Viewers Using Other Investments

The Walt Disney Company is in talks to sell its stake in Fusion, the millennial-focused US cable channel and digital network, to Univision, people familiar with the matter told the Financial Times.

QNB To Acquire Finansbank, Seeks To Expand In The Middle East And Africa

The Qatar National Bank Group (QNB), the largest financial institution in Qatar and the Middle East and North Africa Region, has announced in a press release that it is acquiring the 99.81 percent stake of National Bank of Greece (NBG) in Finansbank A.S. in Turkey, for €2.7 billion, or $2.9 billion.

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TOP 10 FRANCHISES OF 2019

RANK

FRANCHISE NAME

STARUP COSTS
1

Hampton Hotels

$3.7M - 13.52M
2

Subway

$85.2K - 260.35K
3

Jiffy Lube Int'l. Inc.

$196.5K - 304K
4

7-Eleven Inc.

$30.8K - 1.64M
5

Supercuts

$103.55K - 196.5K
6

Anytime Fitness

$56.3K - 353.9K
7

Servpro

$133.05K - 181.45K
8

Denny's Inc.

$1.18M - 2.4M
9

McDonald's

$1M - 2.16M
10

Pizza Hut Inc.

$295K - 2.15M

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