Franchise News
Why Franchises are Gravitating Towards the Middle East: Sprinkles, Smashburger, Shake Shack
When you think of franchises, the Middle East does not usually come to mind. Yet that is where franchises are increasingly turning to find expansion opportunities.
Latest News
The Publishing Industry Turns a New Page
According to Shane Gottwals, the franchisor of Walls of Books, print is here to stay. According to Shane Gottwals, the franchisor of Walls of Books, print isn't dead—it's here to stay.
Wellness Finds a New Tourist Destination
Planet Beach opens its first and largest all female spa in Saudi Arabia—no boys allowed Planet Beach recently launched its first all female spa, though not in a typical tourist destination.
Landry's Fails in Bid to Purchase Ark Restaurants
An offer by Landry's Inc. to buy Ark Restaurants Corp at $22 per share was rejected. An offer by Landry's Inc. to buy Ark Restaurants Corp at $22 per share was rejected.
Bennigan's Signs with Big Franchisees
The Dallas-based diner chain Bennigan's has survived, and is starting to climb back with its latest developments.
Edible Arrangements Reaches Out to Veterans
Edible Arrangements will donate $125,000 to VetFran, the International Franchise Association's (IFA) program to help military veterans transition back to civilian life.
Tim Hortons Misses Earnings Estimate
Tim Hortons Inc, based in Canada, reported lower Q4 net income than in the previous year. Tim Hortons Inc, based in Canada, reported lower Q4 net income than in the previous year.
U.S. Hedge Funds Sour on Apple; Favor Dollar Stores
Managers found discount retailers Dollar General Corp and Dollar Tree Inc attractive, regulatory filings showed on Thursday.
Johnny Rockets Expanding U.S., International Presence
Billing itself as the "original hamburger," Johnny Rockets is on a growth trajectory. It has recently opened new locations in Kuwait and Saudi Arabia, and added two more locations in Mexico, as well as its fifth Massachusetts franchise store.
Yum plans 70 new restaurants in CIS in 2013
Feb 11 (Reuters) - Yum Brands Inc, owner of fast-food brand KFC, plans to open between 60 and 70 restaurants this year in Russia and other former Soviet countries and is looking for new franchise partners to help drive growth.
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