Franchising
Gaza boycotts hurt McDonald's sales
A banner year came to a bumpy end for McDonald's, which lost sales in many markets due to the war in Gaza.
Global same-store sales - or sales at restaurants open at least a year - rose 3.4 percent in the October-December period, well below the 4.7 percent increase Wall Street was expecting.
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"Carrefour" Returns to Bulgaria
French retail giant "Carrefour" is set to re-establish its presence in Bulgaria, unveiling plans for a significant return through a partnership with Greek franchisee "Retail & More." The announcement details the sub-franchising of the Carrefour brand to at least 20 stores in Bulgaria, with negotiations underway, including discussions with Bulgarian companies like Parkmart Holding for sub-fr
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The Top Questions to Ask Before Buying a Franchise
Are you considering buying a franchise? Before making the leap, you must do your due diligence and ask the right questions. Franchises come with a lot of potential rewards, but they also come with a lot of risks. The more you know about a franchise opportunity before you buy it, the better off you'll be. This guide will cover the top questions you should ask before investing in a franchise.
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Companies find it’s not so simple to leave Russia
When Russia invaded Ukraine, global companies were quick to respond, some announcing they would get out of Russia immediately, others curtailing imports or new investment.
Billions of dollars' worth of factories, energy holdings and power plants were written off or put up for sale, accompanied by fierce condemnation of the war and expressions of solidarity with Ukraine.
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Shaquille O’Neal explains why he sold his 17 Auntie Anne’s franchises – “Black people don’t like pretzels that much”
Shaq first become a franchisee of the pretzels stores in 2007
Food service chains threaten not to pay their May rent
Food service chains are declaring that they won't be able to pay their rent for May if the forced suspension of their operations continues - beyond delivery and takeaway services.
150 Turkish firms opening branches abroad
There are 2,500 business chains with 60,000 branches in Turkey and there are over 150 Turkish brands that have started to open branches abroad, a leading franchising sector representative has stated.
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Greek tourism draws interest of both US visitors and investors
US tourists have voted with their feet on Greece as a holiday destination in recent years, while stateside companies both with and without links to Greece are revisiting the idea of implementing tourism investments in this country.
Historical Turkish meatball restaurant expands abroad
Tarihi Sultanahmet Köftecisi (The Historical Sultanahmet Meatball Restaurant) said it has signed a number of master franchising agreements for 60 new branches across Europe in a press release on Aug. 28.
Fourlis to bring The Athlete’s Foot to Greece
Fourlis is extending its deal with Intersport International to include the launch of the multinationals other chain of stores besides Intersport, The Athletes Foot, which operates in several countries together with Intersport.
The move forms part of the Athens-listed holding companys strategy to introduce big international brands to the domestic market.
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