Franchise News
Lululemon Athletica Inc. Chief Executive Officer Laurent Potdevin Reassures Investors Amidst Share Plunge
Walt Disney Co. Partners With Microsoft To Launch ‘Disney Movies Anywhere’ For Xbox 360 And Windows Platforms
Sun Life to Buy Assurance Inc's Employee Benefits Business, Boosts U.S. Presence
Sun Life Financial, Inc. has announced that it will be acquiring the Employee Benefits business of Assurance, Inc. for a net investment of $975 million, according to the press release issued by Sun Life.
Latest News
Steve Hill to Step Down as President, General Manager of Washington Post, to Look for New Opportunities
The Washington Post has announced that Stephen P. Hill, the president and general manager of the company, will be stepping down from his post by the end of the year, according to a blog post in The WashPost PR Blog.
Netflix Plans to Enter Singapore in Early 2016, Will Launch in Three More Asian Markets
Netflix, Inc. has announced that it will be expanding its Internet television network services to Singapore in early 2016, according to a press release issued by Netflix.
Lockheed to Shed 500 Jobs in IT Unit to Stay Competitive
Aeronautics and defense firm Lockheed Martin Corp. plans to let go of 500 employees on its IT division by November as part of its efforts to improve its business.
Macy's to Test Consumer Electronics Department in Stores, Partners with Best Buy
Macy’s has announced that it will be testing licensed consumer electronics departments in 10 of Macy’s stores that will open in early November 2015, according to a press release issued by Macy’s.
Heineken Acquires 50% of Lagunitas, Builds Strong Foothold in Craft Brewering Category on Global Scale
Heineken N.V. has announced that it has acquired a 50 percent shareholding in Lagunitas Brewing Company, the fifth largest craft brewer in the U.S. by volume, according to a press release issued by Heineken.
Macy's to Close 35 to 40 Underperforming Stores in Early 2016, Optimize its Omnichannel Approach
Macy’s Inc. has announced that it will be closing down 35 to 40 of its underperforming Macy’s stores in early 2016, according to a press release issued by Macy’s.
Los Angeles Times Appoints Timothy Ryan as New Publisher, Austin Beutner Out
The Tribune Publishing Co., the parent of the Los Angeles Times, has announced that they have appointed Timothy E. Ryan as the Publisher and CEO of the Los Angeles Times and The San Diego-Union Tribune, according to a press release issued by the Tribune Publishing.
United Airlines Names Oscar Munoz as CEO, Henry Meyer III as Chairman Following Jeff Smisek's Resignation
United Continental Holdings, Inc. has announced that Oscar Munoz will be the company’s new CEO and Henry L. Meyer III, the highest independent director in United, is appointed as the non-executive chairman of the board of directors, according to a press release issued by United Airlines.
Google Expands Grocery Delivery Service to U.S. Midwest, Will Include Fresh Goods in Two Cities
Google Inc. is expanding its grocery delivery business to include fresh good in two U.S. cities and the Midwest, to increase traffic to its websites, Bloomberg reported.
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