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The termination of Adidas Korea's franchise contract generates controversy
In response to the growing backlash from franchisees over the decision by the South Korean subsidiary of the German sportswear brand Adidas to unilaterally terminate franchise contracts, legislators have begun to investigate the matter.
Rep. Choi Seung-jae, a member of the ruling People...
Franchise of CSA’s Twenty20 Tournament to be Acquired by Reliance Industries
The owner of Reliance Industries Mukesh Ambani expressed his desire to buy a franchise based in Cape Town, in the new twenty20 tournament planned by Cricket South Africa in January and Feburary2023.
The successful bidders for the planned twenty20 tournament fran...
JAPAN RECORDS AN INCREASE IN CONVENIENCE STORE SALES BY 6.6% IN APRIL
Highlights –
- Japan records an increase in convenience store sales by 6.6% in April.
- Same-store sales of seven major convenience store operators totaled 842.50 billion yen.
- Average spending per customer fell by 1.1 percent to 682.10 ye...
FAST FOOD CHAIN POPEYES IN INDIA SOON
HIGHLIGHTS
- Jubilant FoodWorks are bringing US-based fast food chain Popeyes to India.
- Popeyes is popular for fried chicken fast food.
Food Services Company Jubilant FoodWorks Ltd. (JFL) is all set to bring the American multinational ...
JAPAN REPORTS FALL IN SALES AT 7 MAJOR CONVINIENCE STORES IN 2020
Highlights –
- Japan reports a fall in sales at 7 major convenience stores in 2020.
- Japanese convenience store sales fell 4.5 percent to $103 billion.
- Newly opened convenience stores in 2020 sales fell by 4.7 percent to 10.16 trillion y...
NOT ONE BUT NINE FAKE JioMart WEBSITES: RELIANCE ASKS CUSTOMERS TO STAY ALERT
In order to capitalize on the present day situation, oil-to-telecom conglomerate Reliance Industries Limited (RIL) came up with its own e-commerce platform called JioMart. Ever since its launch, JioMart is witnessing continuous rise in its popularity and has been giving tough competition to Amazo...
KFC to Give Out Franchisees in the Philippines.
KFC Philippines in November 2019 has signed a deal with KFC Asia that allows it to start distributing franchisees for their brand in the Philippines. Managing daily operations, selecting a location for the store, and equipping all the franchisees with necessary equipment is the crucial help the f...
The Nintendo Switch will touch BioShock Collection
The names of BioShock would be a good fit for the Nintendo Switch, which is not as strong as its first-person shooter series, for its great strength. These BioShock games would give the platform a true tonic shot on the arms with the rich stories and solid gameplays that combine arms with a speci...
KKR Raises KKR India financial services contribution
NEW YORK & MUMBAI—(BUSINESS WIRE)—Global investment firm KKR today announced its intention to invest a further US$ 150 million in KKR India Financial Services ("KIFS" or "Company"), KKR's alternative lending sector in India. The new capital would enhance th...
New agreement signed by Melt Shop for Florida
The leader of the Melted Sandwich Movement, Melt Shop, made an announcement today that it has signed an agreement contract of developing a multi-unit franchise in order to expand the company’s network and for growing the footprint of the brand in Florida. Along with with the partnership with CFL EA...