Franchise News
Crowdfunding Platform Patreon Purchases Video Subscription Service Subbable In Deal Expected To Raise Over $25 Million In 2015
Auctioneering Giant Sotheby's Appoints Madison Square Garden's Tad Smith For Chief Executive Seat Amidst Earnings Drop
Starbucks' 'Race Together' Campaign Targets 60 Million Customers
Starbucks has launched a "Race Together" campaign aimed at sparking conversation about race relations in the United States with the hopes of formulating positive action.
Latest News
Urban Outfitters' Same-Store Sales And Revenue Rise Despite Public Relations Mishaps
Same-store sales for retailer Urban Outfitters both increased in 2014, despite encountering unfavorable responses to several of the company's products.
Saudi Arabia’s Prince Alwaleed Bin Talal Wants To Invest In Snapchat
Saudi Arabian Prince Alwaleed Bin Talal recently met with Snapchat co-founder Evan Spiegel to discuss "future potential business cooperation," The Telegraph reports.
New McDonald's CEO Steve Easterbrook Confronts Worse-Than-Expected February Sales
McDonald's Chief Executive Officer Steve Easterbrook, who recently began his role with the company, is confronting worse-than-expected sales for the month of February.
General Motors Ends Proxy Dispute With Activist Investors, Agrees To Buy Back $5 Billion Worth Of Its Stock
General Motors officials have decided to buy back $5 billion worth of its own stock, CBS reports, putting an end to an ongoing feud with activist shareholders.
Shares Of Costco Are Up 32 Percent Following Tax Benefit Program's Special Cash Dividend
Shares of Costco have increased by 32 percent, the company announced in a second-quarter report on Thursday, Forbes reports.
Low Fuel Costs Help Boost Supermarket Operator Kroger's Quarterly Profit By 23 Percent
The largest United States supermarket retailer Kroger Co. has reported a 23 percent rise in quarterly profit, which is partly attributed to low fuel costs, Reuters reports.
Caesars Entertainment Losses $1.01 Billion In Fourth Quarter
Caesars Entertainment Corp. reported losses of over $1 billion during the fourth quarter of fiscal year 2014, the Associated Press reports, mentioning that Caesars Palace casino in Las Vegas did not fare well during the same period.
Cardinal Health Purchases Johnson & Johnson's Heart Products Industry For $1.94 Billion
Cardinal Health is purchasing Johnson & Johnson's Cordis, a medical device business specializing in heart products, for approximately $1.94 billion.
Retailer Costco Switches Partnership With American Express For Visa And Citigroup
Costco, the second largest retailer in the United States, has announced that it has ended its 16-year deal with American Express for credit card transactions and will work with Visa and Citigroup.
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