Biz/Tech
Calling all Franchises: What's In a Name?
According to Franchise 500, certain franchise names are trending. Just follow a few simple guidelines, and you can conquer the name game.
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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.
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.
Readers Digest Files Chapter 11, Second Bankruptcy
It is the second bankruptcy filing for Reader's Digest, as RDA Holding filed for Chapter 11 this weekend to stave off debts.
Office Max, Office Depot Nearing Merger
Blue chip office supply chains OfficeMax Inc. and Office Depot Inc. are near a potential merger, according to sources. The deal is tentative, and could unravel pending negotiation points.
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.
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.
Beef price spike makes $1 McDouble harder to stomach
McDonald's popular $1 McDouble cheeseburger, which has lured customers to the Golden Arches since 2008, is getting hard to sustain as rising beef prices threaten the company's profit margin.
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