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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

Interested in operating a tanning salon franchise? How about a store selling wireless hardware, or a women's gym? Those are three of the five franchise opportunities that will be hawked during a "Franchise Road Show Tour" stopping in Dallas and Arlington next week. The parent companie...
December 2nd, 2007

Kingfisher Plc, Europe's largest home-improvement retailer, said third-quarter profit was little changed as a slowing U.K. housing market and rising mortgage repayments meant consumers spent less money redecorating. Earnings before interest and tax fell to 171.7 million pounds ($356.3 million) fro...
November 30th, 2007

The reason why people go for franchising business in place of independent business is because the success rate is much higher in the case of the former one. When you follow the proven and successful business plan of another company instead of developing one for yourself, you expect profits to show u...
November 28th, 2007

You might have big entrepreneurial dreams in your mind, but that alone is not enough to succeed in the franchising field! You need proper guidance in every step you make, especially when you have no experience in the franchising industry. Now, can you guess who can guide you in the best possible way...
November 26th, 2007

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