Franchise News

20 McDonald’s franchise owners recognised at the English Asian Business Awards

Fitness Boot Camp Franchise Fit Body Boot Camp Awards Announced - 26 Excellence and Achievement Awards Given to Franchise Owners

'Hunger Games' Gorges on $214 million Global Debut

Best Buy Close 50 U.S. stores, Focus on Smaller-format Stores

Best Buy Co reported weaker-than-expected sales for the key holiday quarter, prompting the world's largest electronics chain to close 50 U.S. stores and cut 400 jobs in corporate and support areas.

Safeway, Supervalu to Stop Buying "Pink slime" Beef

McDonald's new CEO Thompson a study in Contrasts

Latest News

Analysis: Hotel suppliers Add Jobs as Renovations Rise

During the last recession, major U.S. hotel companies allowed their franchise hotel owners to put off property improvement projects to conserve capital as bookings fell. But with room rates and occupancy now recovering, franchisees are taking on those delayed renovations and giving a lift to the contractors and goods companies that supply them.

Census Offers Franchise Data

Reporting comprehensive data on franchise businesses for the first time, the U.S. Census Bureau found that franchises with paid employees accounted for 10.5 percent of the nation's businesses.

McDonald's CEO Jim Skinner To Retire

McDonald's Corp Chief Executive Jim Skinner, who took the top post at the world's biggest hamburger chain following the abrupt departures of two CEOs, is retiring after more than seven years as a stabilizing force at the helm.

Hampton Hotels Recognized as a J.D. Power and Associates 2012 Customer Service Champion

Hampton Hotels (www.hampton.com), a part of the Hilton Worldwide portfolio of brands, was recognized at the J.D. Power and Associates Customer Service Roundtable in Orlando, Fla. on March 14, 2012 as a 2012 Customer Service Champion.

Starbucks Makes List of World’s Most Ethical Companies for 6th Year

Starbucks, the largest coffeehouse company in the world, has made it onto Ethisphere Institute's World's Most Ethical List for the sixth year in a row.

Wendy's knocks Burger King out of No. 2 spot

Hamburger chain Wendy's Co knocked Burger King Corp from its spot as the second-largest U.S. hamburger chain in 2011, but sales of both companies continued to lag McDonald's Corp , the country's No. 1 restaurant chain.

Carrefour ordered to close China store

Authorities in central China have ordered European retail giant Carrefour to temporarily close one of its stores, a local government official said on Monday, days after state media said the chain was passing off regular chicken as free-range meat.

Starbucks opens first juice bar in biggest move outside coffee

Starbucks Corp will open the first store in its new Evolution Fresh juice bar chain on Monday, its biggest move outside coffee and one it hopes will boost the company's position in the $50 billion health food sector.

UPS to buy TNT Express for $6.85 billion

United Parcel Service will pay 5.2 billion euros ($6.85 billion) for Dutch peerTNT Express in a deal that will make the world's largest package delivery company the market leader in Europe.