Franchise News
Foot Locker Reports Second Quarter Earnings, 'Buy' Stock Rating Reaffirmed
Foot Locker, Inc. reported second quarter revenues on Friday of $1.37 billion, up 7.2 percent on the year. This compares to analysts expectations of $1.35 billion. Meanwhile, Foot Locker stock had its "buy" rating reaffirmed by research analysts at Janney Montgomery Scott in a report released on Monday.
Latest News
Bruegger's Bagels Franchisee Co-Brands Units With Jamba Juice
A restaurateur, who owns a combined Bruegger's Bagels and Jamba Juice outlets, has signed an agreement to open up five more locations in Connecticut.
Discounts back after summer restaurant slump
Restaurant discounts and special offers have returned after a recent sales cool-down at some of the nation's hottest chains, a trend that threatens to squeeze industry profits at a time when food costs are set to rise.
Starbucks building new, bigger Evolution Fresh facility
Starbucks Corp next year plans to open a new California facility for its Evolution Fresh juice business that will significantly increase its production and distribution capacity and create 40 new manufacturing jobs.
Robert Pattinson and Kristen Stewart: Meeting Up At The MTV Video Music Awards?
Kristen Stewart and Robert Pattinson has reportedly not had any contact with each other for the past month after the news broke out that Stewart cheated on him with director Rupert Sanders. The couple or former couple will likely miss an awkward run in with each other the upcoming MTV Video Music Awards.
Dunkin' Donuts Rolls Out Mobile Payment App, Send Money to a Friend Via Facebook
Dunkin' Donuts is the last franchise to jump on the mobile payment band wagon and rolled out a new app on Thursday that allows customers to pay virtually via their Smartphone.
S&P raises Burger King Corp ratings
Global restaurant operator Burger King has enhanced credit protection measures, a result of both profit growth and debt reduction; we expect those trends to continue.
Jiffy Lube Franchisee Settles Text Message Spam Case For $47 Mil
Heartland Automotive Services have reached a proposed settlement with consumers in response to the alleged test message spam they blasted out to mobile devices last year.
Big retailers team up on mobile payments plan
A group of big retailers that includes Wal-Mart Stores Inc, Target Corp and Japan's 7-Eleven is developing a mobile payment network, adding to the proliferation of options that let consumers pay with smartphones.
McDonald's Releases Statement Following 300,000 Recalled Apple Slices
McDonald's has issued a statement following the recall of nearly 300,000 apple slices from its franchises across the nation after a listeria contimation scare.
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