Franchise News
Hertz Global Holdings Announces Pricing of $1.2 Billion Private Offering of Senior Notes
Hertz Global Holdings, Inc. announced today that a newly-formed, wholly-owned subsidiary of the Company, HDTFS, Inc. (the "Escrow Issuer"), has entered into an agreement to sell $700,000,000 aggregate principal amount of 5.875% Senior Notes due 2020 (the "2020 Notes") and $500,000,000 aggregate principal amount of 6.250% Senior Notes due 2022 (the "2022 Notes" and, together with the 2020 Notes, the "Notes") in a private offering (the "Offering") exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The closing of the Offering is expected to occur on or about October 16, 2012, subject to customary closing conditions. Each series of Notes will pay interest semi-annually in arrears.
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Uncle Maddio’s Pizza Joint Builds Successful Brand Through Social Media Marketing
This year, Uncle Maddio's Pizza Joint has seen an explosion in franchise growth. The fastest-growing fast casual pizza franchise credits their rapid development and brand recognition to a well-executed concept and an aggressive social media marketing campaign. Since January, they have seen a 125 percent increase in Facebook "likes" alone. With an active presence on every major social media outlet - Facebook, Twitter, Pinterest, Google+, Yelp, Foursquare, and Urbanspoon - Uncle Maddio's engages customers across the nation, without the expense and effort required by traditional marketing and advertising tactics.
Second Maid Simple House Cleaning Franchise to Open in California
Maid Brigade, the residential green cleaning leader, has opened its second Maid Simple House CleaningTM franchise in California. Rob Buffington, owner of the newest Maid Simple House Cleaning franchise, will begin serving customers in Lancaster, Calif., starting at the end of October.
Hooters Turns 29 Years on Oct. 4, Offering 20 Wings for $9.99
On October 4, 1983 Hooters opened the first location in Clearwater, FL. The restaurant now boasts over 430 locations in 28 countries around the globe, and this Thursday the chain will be celebrating the 29th year of food and fun. In recognition of this milestone, all customers who dine in at Hooters on Thursday can get 20 boneless wings for $9.99.
$3,000 Nissan Datsun Coming Soon To Emerging Markets
A $3,000 Nissan is reported to be in the making but it will be only released in emerging market countries, not in the United States.
Vomiting Virus Outbreak Leaves 8,400 Children Sick in Germany, Caused By Single Source
A vomiting virus outbreak has left more than 8,400 German school children ill with vomiting and diarrhea after eating food from school cafeterias and daycare centers.
IKEA Set to Boost Expansion With New CEO
IKEA, the world's largest furniture retailer, is set to speed up its store expansion pace as part of a bid to further boost growth after another year with record turnover.
Dunkin' Donuts to Open Three New Franchises in Missouri
Dunkin' Donuts announced Tuesday that the St. Louis, Missouri will see three new franchise locations opening up over the next couple of years.
White Castle Sets New Fundraising Record For Autism Speaks in 2012
White Castle customer and employees raised $500,100 for Autism Speaks by selling puzzle pieces for one month in over 400 restaurants, the company said in a statement on Monday.
DQ Orange Julius Opens in Honolulu
The Dairy Queen system always has been about sharing smiles and stories. Now the treat category leader and one of the leaders in quick-service restaurants has opened its newest, most exciting treat concept, a DQ Orange Julius store in Honolulu.
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