Franchise News
Kitson Closes All Stores, Boutique Has Been Struggling Since 2013
Kitson, an upmarket department store chain, is preparing to close all of its 17 retail locations as well as its online shop, Shokitson.com, according to a report from the Los Angeles Times. The boutique chain, known as the shop being frequented by the likes of Paris Hilton and Lindsay Lohan, has been struggling since 2013 as it over-expanded, at times opening in areas with high rents.
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FLIR To Provide Thermal Imaging Technology To DJI's Drones To Assist Police, Firefighters, Farmers
FLIR Systems, Inc. has announced in a press release that they are collaborating with DJI Innovations, a leader in the drone industry, in which FLIR’s thermal imaging technology will be used DJI’s drones.
Sweet Leaf Tea Recalls 16-Ounce Bottles Due To Possible Presence of Glass Fragments
The Sweet Leaf Tea Company has announced in a press release that it is voluntarily recalling the Sweet Leaf Tea in 16-ounce glass bottles because of the possible presence of glass fragments in the bottles.
Walmart Introduces Walmart Pay: Is This The Beginning Of The End For MCX's CurrentC Payment System?
Wal-Mart Stores, Inc. has introduced Walmart Pay, a fast, easy and secure way for customers to pay with their smartphones in Walmart stores, according to a news release issued this week by the company.
Faraday Future Vows To Invest $1 Billion For New Production Facility in Nevada, Add 4,500 Jobs
Faraday Future, a new electric vehicle and future mobility startup company, has said in a letter published in the company’s website that they have selected North Las Vegas, Nevada for its $1 billion facility.
AccorHotels To Acquire 3 Iconic Hotel Brands, Enhancing Company's Footprint In Luxury Segment
AccorHotels has announced in a press release that it will be acquiring FRHI Holdings Ltd., the parent of Fairmont, Raffles, and Swissotel hotel brands.
Pekka Rantala Steps Down As Rovio CEO, Shifts More Operational Responsibility To Games Division
Rovio Entertainment Ltd., a global entertainment media company and the maker of “Angry Birds,” has announced in a press release that Pekka Rantala will be stepping down as the CEO of the company.
United Airlines Brings Back Free Snack, To Introduce New Signature Snacks As Well
United Airlines, Inc. has announced in a press release that complimentary snacks will be offered on all of the airline’s flights within North America and Latin America by February 2016. The complimentary free snacks come as United Airlines prepares to bring illycaffe’s signature scuro dark roast coffee to United Club locations at the airline’s hubs in the U.S.
Boeing Schedules 1st Flight Test For New 737 MAX 8 For Early Next Year
The Boeing Co. has announced in a press release the completion of the final assembly of its first 737 MAX 8, which rolled out of the company’s factory in Renton, Wash. on Nov. 30. The new airplane is on schedule for its first test flight in early 2016.
Morgan Stanley Adds Alistair Darling to Board of Directors Following PIMCO's Appointment Of Gordon Brown To Global Advisory Board
Morgan Stanley has announced in a press release that Alistair Darling, a former member of the British Parliament, has been elected to the Company’s board of directors.
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