Franchise News
Belk Agrees to be 100% Purchased by Sycamore for about $3 Billion, Tim Belk to Remain CEO
Philadeplphia Media Network Names New Publisher and CEO, Maximize Revenue While Maintaining Journalistic Mission
Starbucks CEO Howard Schultz Responds To Stock Market Downturn By Urging Employees To ‘Be Very Sensitive’
Starbucks Chairman and Chief Executive Officer Howard Schultz is urging baristas, whom he refers to as "partners," to "be very sensitive" to customers at locations around the country.
Latest News
US Airways Ceremonial Flight Won't be Landing in Pittsburgh, City Not Part of its Current Flight Hub
US Airways will be conducting its ceremonial final flight on October 16, 2015, but it won’t be landing on Pittsburgh, the city that gave it its first start, according to a report from the Pittsburgh Post-Gazette.
BT Accuses Verizon and AT&T of Hurting Rivals, Calls for Tough New Rules
An executive of BT Group Plc calls for tougher new rules regarding network prices that would allow telecom companies to compete in the U.S. market, accusing Verizon and AT&T of abusing their landline monopolies to hurt competitors, according to a report from the Financial Times.
Ralph Lauren Launches PoloTech Smartshirt, Offers Biometric Technology and Adaptive Workout App
Ralph Lauren Corporation, a global leader in the design, marketing and distribution of premium lifestyle products announced last week in a press release that the company’s PoloTech smartshirt will be available in the market on Aug. 27, 2015.
Boeing on Track to Achieve Production of 737 Max, Despite Reports of Delays from Boeing's Supplier
A company spokesman said that Boeing Co. is still on track to achieve the company’s target production of its 737 Max jetliner, according to a report from Reuters.
Peltz and Frank of Trian Named to Sysco's Board, Assist in Enhancing Company's Value
Sysco Corporation has added Nelson Peltz, CEO and founding partner of Trian Fund Management LP, and Josh Frank, a partner in Trian, to the company’s board of directors, in a move that can help increase the company’s value, according to a press release issued by Sysco.
Starbucks to Offer Wines, Craft Beer to 2000 Stores in Five Years
U.S. coffee house chain Starbucks Corp. is introducing wines, craft beer and small dinner dishes to more stores seeing a huge potential from drawing in the evening crowd aside from its regular coffee drinkers, USA Today reported.
Netflix Announces 3-Tier Pricing Plan For Japan Expansion Following SoftBank Partnership
Netflix has announced a new three-tier pricing plan for customers in Japan, ranging from 650 yen to 1,450 yen monthly, CBC reports.
Chipotle To Host First-Annual National Career Day On Sept. 9 At Locations Across The Country
Chipotle, one of the fastest-growing food chains in the United States, is set to host its first-annual National Career Day on Sept. 9 at locations across the country.
McDonald's on Hot Seat in Brazil Over Business Practices But Local Franchisee Maintains Operations Above Board
Stakeholders from five continents converged on Brazil's Senate on Thursday to accuse U.S. fast food giant McDonald's Corp. of various misdeeds ranging from alleged employee mistreatment to dodging of taxes.
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