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Following in the footsteps of Wal-Mart Stores, the French retail giant Carrefour is plotting a path to India’s booming market. Though the firm hasn’t said anything yet, Indian Commerce Minister Kamal Nath confirmed it is close to signing a retail deal. Nath was quoted as telling reporters in Londo...
December 22nd, 2007

WESLEY CHAPEL - Patrick Corcoran is looking for a couple of thousand people unsatisfied with their gyms. And if they like working out at 3 a.m., that's OK. Corcoran recently left his job teaching fifth-graders in Hernando County to open his own franchise of Anytime Fitness, a 24-hour workout chain ...
December 20th, 2007

Delhi realty firm may have to shell out $3 mn for the rights of Italian luxury brand. DLF, the country’s largest realty firm, is eyeing the India franchise rights of ultra luxury brand Salvatore Ferragamo. The Italian brand’s original franchise partner, Sports Station India, has decided to ...
December 18th, 2007

Tight credit inside Michigan pocketbooks and tight return policies at big box stores are two factors that play into growth possibilities for Children's Orchard Inc., an Ann Arbor-based chain of children's resale stores. "The market is driven by values, lots of upscale clothes and accessories w...
December 16th, 2007

Redcats USA, part of the PPR group, said it has secured 83.9 pct of shares in United Retail Group following its recent takeover offer. The mail order retailer announced last month an agreement to acquire United Retail Group for 13.70 usd per share in cash, or an aggregate equity value of 198.9 mln...
December 14th, 2007

Following two years of successful business at Dubai Duty Free, the Arabian perfume group Arabian Oud, is launching a programme to increase its presence in all the major international airports of the world. Exhibiting at the Middle East Exclusive Exhibition in Dubai last week, Arabian Oud Director o...
December 12th, 2007

LISBON (Thomson Financial) - Sonae SGPS said its Sonae Distribuicao unit's acquisition of Carrefour Portugal's 12 hypermarkets and 13 other projects already licensed has received preliminary approval with conditions from domestic competition authority AdC. In a statement, Sonae said the conditions ...
December 10th, 2007

Tina Servis had dabbled in different ways to be her own boss, such as selling life insurance. But it was while making meals for her family that the single mother of two had the idea that caused her to leave the comfort of a regular paycheck. Servis had been a regular customer of the East Rocheste...
December 8th, 2007

Franchises are becoming an increasingly popular way to start a business without totally flying solo. Today, there are more than 3,000 franchise brands that span 230 different types of businesses, according to a new study (pdf) from a unit of the International Franchise Association. The fast-food c...
December 6th, 2007

The setting up of a franchise academy in Kuala Lumpur by franchise consultancy Ansa-House Sdn Bhd is expected to further stimulate growth of the franchise industry in the country. Said to be the first of its kind in Malaysia and South-east Asia, the academy offers course modules based on Ansa-Hous...
December 4th, 2007

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