Cosi, Inc. [NASDAQ:COSI] announced Monday that it has terminated RJ Dourney as its chief executive officer and president, effective immediately. Board of Director member Patrick Bennett has already started serving as the company's interim chief executive and president. Meanwhile, Cosi is searching for a permanent CEO.
Summer. Skin. Extra Crispy. Can there be a better match? Kentucky Fried Chicken doesn't think so. It announced Monday that it would sell Extra Crispy fried chicken-scented sunscreen for a limited time.
SAN FRANCISCO – After a federal judge on Thursday rejected a proposed $100 million settlement of a class action lawsuit between Uber Technologies Inc. and 385,000 California and Massachusetts drivers to determine if drivers should be classified as employees instead of independent contractors, some are wondering if the ruling is a victory for Uber or drivers.
Consumers have voted restaurants as their highest regarded industry, according to Gallup. The polling firm states that restaurants and computer industries have vied for the two top positions since 2001.
RICHMOND, Virginia – Thousands of low-wage workers from around the country took to the street in Richmond, Virginia last weekend in the sweltering heat, ending their first-ever "Fight-for-$15" Convention at which they vowed to hold elected officials accountable during the election season and beyond to build an economy that works for everyone.
WASHINGTON – Robert Cresanti, CEO and president of the 56-year-old International Franchise Association, talks about how he thinks a potential U.S. National Labor Relations Board ruling against McDonald's could be detrimental to franchising.
LANSING, Michigan – A former member of Planet Fitness is now appealing a circuit court decision that dismissed her case by reasoning that the company's slogan, "the judgment free zone," was clear disclosure that a biological man identifying himself as woman was allowed to use the women's locker room.
In franchise and antitrust distribution law there is no more exasperating, elusive and esoteric issue than damages. This analytical muddle threatens franchisors and franchisees alike. Further, the doctrinal failure regarding franchise damages is so robust that it has extensively infected damages theory, methodology, and calculation.
In my first book Franchising from The Inside Out, I presented The 10 Commandments of Franchising. Now twelve years later, I believe these remain as true today as they did then. I’ve edited them to highlight the most important ones.
At its opening in 1913, the Hotel du Pont was designed to rival the finest hotels in Europe. The new hotel contained 150 guest rooms, a main dining room, rathskeller, men's café/bar, ballroom, club room, ladies' sitting room and more.
Every ten years or so, the Financial Management Committee (FMC) of the American Hotel & Lodging Association revises the Uniform System of Accounts for the Lodging Industry (USALI). The USALI serves as the industry standard for reporting hotel revenues and expenses.
A district judge in California ruled last week to allow a class action lawsuit alleging wage theft to go forward, even though he remained unconvinced that McDonald's Corporation exercises enough control over working conditions in the franchise stores to be held liable for fair wage and overtime claims.
Hedge funds invest and make quick changes in their target companies in order to make as much money as possible in the shortest amount of time. Many stock investors, individual or institutional, who after all have invested in a company’s shares hoping to make a profit, like when a hedge fund with a proven track record becomes interested in a company whose shares they hold.
Technology executive Len Kendall says that the day of self-driving cars is fast approaching. He contends that marketers should now look at autonomous cars right behind the smartphone "as a brand new digital platform that your brand can own."
"I am confident there will not be a franchise bill in California without the CFA being asked to be involved."
States chairman Keith Miller of the Coalition of Franchisee Associationsabout not just last year's franchisee protection bill signed into law and two new franchise bills recently introduced in California but also future bills impacting franchisee rights in the Golden State. | Blue MauMau Aug 13
"There is, I call it, a malaise in the U.S."
Declares Yum Brands' CEO Greg Creed to stock analysts at this quarter's earnings call conference. He's excited about the People's Republic of China. | Blue MauMau Jul 30
"To me Nathan's is like a 100-year-old startup company right now."
Says board of director member Wayne Norbitz about the future of Nathan's Famous, which celebrates its centenary anniversary this year. | BMM Jul 5