Franchise News
Adidas to slash Reebok store base in India
Germany's Adidas said on Thursday it would cut the number of its Reebok stores in India by about one-third as it tackles "commercial irregularities" at the unit, an issue that has clouded a strong start to a bumper sports year.
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The Hornets—the Next Successful NBA Franchise?
Tom Benson sat in front of an NBA logo on Friday as he announced his decision to purchase the New Orleans Hornets. He read a prepared statement, then opened it up to the press to ask questions.
McDonald's in franchising deal with Russia's Rosinter
MOSCOW (Reuters) - McDonald's Corp
China Disney project secures $2 billion loan: media
SHANGHAI (Reuters) - The operator of the planned Shanghai Disney theme park has secured a 12.9 billion yuan ($2 billion) syndicated loan for the construction of the park, Chinese media reported on Wednesday, a boost for Walt Disney Co
Best Buy to take 6 months - 9 months to name new CEO
Best Buy Co's board expects to take six to nine months to find a permanent replacement for CEO Brian Dunn, who resigned abruptly earlier this week.
BEST BUY BOARD STILL PROBING EX-CEO'S CONDUCT
Best Buy Co Inc's board is still looking into the personal conduct of the retailer's former chief executive even though he already left the company, a spokesman for the board said on Wednesday.
CHINA DISNEY PROJECT SECURES $2 BILLION LOAN: MEDIA
The operator of the planned Shanghai Disney theme park has secured a 12.9 billion yuan ($2 billion) syndicated loan for the construction of the park, Chinese media reported on Wednesday, a boost for Walt Disney Co
MCDONALD'S IN FRANCHISING DEAL WITH RUSSIA'S ROSINTER
McDonald's Corp will franchise out restaurants in Russia for the first time after picking the sector's largest restaurant holding company Rosinteras its partner in the fast-growing market.
Burger King's New Menu & New Life
Burger King is trying to use a rival's recipe for success to revive its empire, which is ailing since the chain was started in 1954.
Burger King to Go Public Again
Burger King Worldwide Holdings Inc said it would go public through an agreement with London-listed investment firm Justice Holdings Ltd;, less than two years after it agreed to be taken private by private equity group 3G Capital Management LLC.
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