Franchise News
Retailer Costco Switches Partnership With American Express For Visa And Citigroup
Costco, the second largest retailer in the United States, has announced that it has ended its 16-year deal with American Express for credit card transactions and will work with Visa and Citigroup.
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Thomas Cook Group Holds Airline Business Sale
A newspaper reported that the world's oldest travel company is open for bidding for potential buyers. But the company downplays the report saying it's not going anywhere, as of yet.
Food Tourism Opens Market for Big Businesses
The market is open and big business opportunities knock on the current rising industry for Food and Beverage: Food Tourism.
Profits and Shares Plunge for Scandal-Ridden HSBC
British bank HSBC reported a plunge on its profits and shares as it faces trying times amidst CEO and tax avoidance scandals.
Office Depot Expects Sales To Fall This Year As Weak Demand For Office Supplies Continue
Office Depot announced on Tuesday that it expects sales to drop this year due to a weak demand for office supplies and a stronger United States dollar, Reuters reports.
JPMorgan Cuts Up To $100 Billion In Client Excess Deposits
JPMorgan Chase & Co. will cut up to $100 billion in client excess deposits in an attempt to limit the amount of borrowed money the company relies on to prevent future economic crises.
Comcast Reports Rise In Fourth-Quarter Earnings With Increased Broadband Internet Customers
Comcast Corp. announced on Tuesday that its fourth-quarter net income rose 0.6 percent to $1.93 billion, attributing the success to increased broadband internet customers.
Dish Network Chief Executive Joe Clayton Steps Down
Dish Network announced on Monday that Chief Executive Joe Clayton will retire on March 31 and step down from his position, CNBC reports.
Target Decreases Minimum Online Order Size To Boost E-Commerce Sales
Target has decreased its minimum online order size requirement by half, down from $50 to $25, in an attempt to boost e-commerce sales and remain competitive against industry rivals Best Buy, Amazon and Wal-Mart.
Procter & Gamble Cuts Brands In Portfolio Transformation
Procter & Gamble is planning to cut several brands from its portfolio in an effort to simplify its portfolio and focus on profit-inducing brands.
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