Luxottica Group S.p.A. announced that over the next two years its Sunglass Hut chain will have up to 50 stores in the Middle East thanks to new openings under a five-year franchising agreement signed today with Azal Group, one of the world’s fastest growing retail groups and a leading regional player. Leonardo Del Vecchio, Chairman …
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Mr. Edward K. Loyst, Chairman and the major shareholder of Bancorp Franchise, announced today that the company is not for sale. In recent months, the company did explore the possible sale of individual divisions – Living Lighting Inc., Global Pet Food Stores Inc. and LIV Canada Gift Group Inc., to create increased shareholder value. This …
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Winsted Holdings, Inc. a Business Development Company (BDC), and Nu Image MedSpa Inc. of Las Vegas, Nevada, jointly announced that its Portland, Oregon franchisee has decided to locate its new medspa in a premier space on the corner of NW Davis Street and NW 13th Avenue within the Pearl District of Portland, Oregon. In the …
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AFX News is reporting that home furniture retailer Fourlis has said it has signed an initial agreement with InterIKEA for the development of IKEA franchise stores in Bulgaria. The company said the first store is expected to open in 2008. Fourlis is reported by AFX to have said it will establish a Bulgarian subsidiary for …
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New York Liberty stars Becky Hammon and Barbara Farris will make a fast break from their workout at Madison Square Garden this Thursday, June 22, to ladle out samples of a new chilled summer fruit soup from SoupMan, created in their honour by Al Yeganeh, the infamous soup man who inspired the “Soup Episode” on …
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CareersUSA, Inc., a leading national staffing franchise, today announced that it will soon open a franchise office serving the Charlotte, NC metropolitan area. Shezarrah Keane, president of the Charlotte branch, will begin matching job seekers with employers when she opens for business on July 24, 2006. “I went into the staffing industry because I enjoy …
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The Delifrance concept café has won the British Sandwich Association’s ‘Coffee Bar Sandwich Retailer of the Year’. Crowned as the best in the UK at the BSA’s annual “Sammies” awards in London on 18 May 2006, Délifrance UK Ltd fought off stiff competition from popular high street names to clinch the national title. The Délifrance …
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Action International, the organisation at the forefront of the development of business coaching in the UK and around the world, has just picked up a prestigious ‘Stevie’ award for Best Overall Company. Considered by the New York Post ‘the business world’s own Oscars’, the ‘Stevie®’ Awards were created to recognise the efforts, accomplishments, and positive …
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Rubio’s Fresh Mexican Grill announced today that it has purchased four Rubio’s Fresh Mexican Grill restaurants in Las Vegas from its franchise group, Fish Taco Pacifico Corporation, for approximately $500,000 in cash. The acquisition of the four restaurants in one of the fastest growing U.S. cities supports Rubio’s continued growth strategy to add company-owned locations. …
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Sbarro, the nation’s leading quick service Italian restaurant company, today announced that it will continue the company‘s rapid international expansion by opening more than 25 restaurant franchises in Guatemala, El Salvador, Honduras, The Bahamas and Romania. In each country, Sbarro will be the first company to offer pizza-by-the-slice and a full, quick service menu consisting …
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Entrepreneur Gordon Simpson is opening the fourth 1-800 Radiator franchise in the Massachusetts state. His outlet is one of four franchise locations opening Monday across the country. Mr. Simpson’s Distribution franchise will serve Lawrence and its surrounding communities. 1-800 Radiator is the nation’s largest independent distributor of automotive cooling components. The company delivers cooling parts to …
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Weight loss franchises will be encouraged by a vote of confidence by the world’s largest food company Nestlé SA. Nestle bet big on the diet industry yesterday, buying weight-loss firm Jenny Craig, for $600-million (U.S.). The deal marks a major corporate endorsement for a growing sector worth $40-billion in North America, crowded with companies promising …
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