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...Starbucks franchises in Malaysia are also seeing an impact....
...The division has lagged behind rivals such as JPMorgan Chase, Morgan Stanley and BofA’s Merrill Lynch franchise, however....
...The group on Monday said it was expecting to use $182mn from the sale of its 218 KFC franchise restaurants to repay debt after the deal completes in the first half of this year....
...The commercial entity and its billionaire backers are distinct from PGA Tour Inc, the tax exempt organisation that administers golf events....
...The two businesses will have combined revenue of £490mn, and have 189 restaurants in the US and the UK and a total of nearly 600 restaurants across 44 countries including franchises....
Vis Raghavan is quitting the world’s top investment banking franchise for the highest-profile vacancy on Wall Street
...Unlike rivals Savills and Knight Frank, which operate as a single firm, Sotheby’s Real Estate runs on a franchise system....
...This week, Uber unveiled a partnership with Instacart, which will allow the grocery delivery group’s US users to order from restaurants listed on Uber Eats....
..., the 13th in the King Kong franchise and the 38th in the Godzilla franchise....
...Fertitta, whose net worth Forbes estimates at about $9bn, is the owner of US basketball team the Houston Rockets, the Golden Nugget casino business and restaurant chain Landry’s....
...TMTG shares lost more than 20 per cent after reporting 2023 revenues of $4mn, less than half what the average Chick-fil-A franchise makes....
...I can’t promise but, to me, [the pain franchise] looks like [CF] in 2012.”...
...“David has a real movie business [with] big franchises,” he said. “Everybody is in business with him — Amazon, Netflix, Apple, Paramount and Disney all have a good relationship with David.”...
...Before the pandemic, some of us were already writing about an unsustainable hospitality industry....
...And a court fight to start: A former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting...
...The Atlanta-based chain, which runs more than 2,800 restaurants across the US, announced on Thursday that it planned to open a new UK outlet in early 2025 and expand to five sites within the first two years...
...Company plans to raise royalty fees for new franchise restaurants in the US and Canada could bring further discontent....
...Apple, even a slow-growing Apple, deserves a premium to the market, because its franchise has such strong defensive characteristics....
...This would involve bundling up the royalties paid by restaurant franchises and using them as collateral to borrow....
...Forging good relationships with local and state officials is essential for any modern US sports owner....
...It is a crucial case for A&M, the US consultancy founded in the early 1980s whose calling card in the world of corporate restructuring is that it liquidated Lehman’s US business....
...McDonald’s has also been hit by accusations of a toxic work culture in its home market of the US....
...In 2017, Restaurant Brands bought Popeye’s Louisiana Kitchen for $1.8bn in cash to get into the chicken sandwich game. And in 2021, Restaurant Brands paid $1bn in cash for Firehouse Subs....
...Then persuading us to give it to our children....
...As franchise owners are forced to overwork, the chains are turning to automation, including robot floor cleaners and screen avatars that are remotely operated....
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