ATLANTA – Furniture leaser Aaron's, Inc. (NYSE:AAN) announced Monday that John W. Robinson III has been appointed chief executive officer, effective immediately. Robinson will also be a member of the franchisor's board of directors.
A man walks alone down a boardwalk with the aid of a walker. BrightStar franchisees take care of the sick & elderly. Photo: MTSOfan
GURNEE, Illinois – While juggling various lawsuits brought by franchisees against the company and its owner, BrightStar executives and legal counsel have bucked the law by not disclosing litigation between franchisor against franchisee in its franchise disclosure documents (FDD).
NAPLES, Fla. – Hertz's CEO and chairman Mark Frissora has stepped down amidst accounting irregularities and disappointing results for the car rental firm. The company announced Monday that Frissora "stepped down for personal reasons." In his place, Brian P. MacDonald will serve as interim CEO and chairman.
PASADENA, California - The U.S. Court of Appeals, Ninth Circuit, affirmed the ruling from a federal California court which approves a proposed class action settlement agreement. The decision allows close to $1 million in attorney fees for franchisee plaintiffs’ legal counsel.
MEMPHIS - A district judge granted a temporary restraining order (TRO) to a ServiceMaster franchisee entity against its franchisor at a May 5 hearing, which imposes a preliminary injunction in the case. He prefaced his decision stating, “A preliminary injunction is an extraordinary measure that is one of the most drastic tools in the arsenal of judicial remedies.”
DENVER – Following its $225 million initial public offering in October of last year, Re/Max (NYSE:RMAX) on Thursday announced to the public its operating results for the fourth quarter of 2013 and the entire year.
Source: Franchise Disclosure Doc. Item 20, End of year 2008 - 2012
BANGOR, Maine – Franchising since 1994, Coffee News is experiencing a free fall in the number of its franchise owners. The chain has declined in franchise units by 31 percent from 2008 to 2012, according to its latest Franchise Disclosure Document.
Carl Becker, 87, and his wife Barbara, 81, of Rixeyville, Virginia, were enjoying their customary light meal at the Culpeper McDonald's when they were, according to them, treated rudely by an employee, then asked by the manager to leave.
Announcing that it was closing its remaining Blockbuster U.S. locations, Dish Network has signaled the end of an era. Blockbuster’s demise seems to be having a positive effect for some franchisees, giving them the opportunity for prime retail space.
Home care aides have been exempt from federal wage laws since 1974 but in 2015 nearly 2 million home health care workers who help the elderly and disabled will be eligible to be paid federal minimum wage and OT. There are over 4,500 home care franchises in the United States.
After Dish Network bought out of bankruptcy Blockbuster Video for a net purchase price of $234 million in 2011, part of its strategy was to jump into the wireless business. It envisioned selling smartphones and wireless service at the video rental retail stores.
A class action is being sought against ColorTyme and its franchisees for using DesignerWare spyware on people who rented or bought computers from them. The spying included taking web cam photos while customers were in the privacy of their homes, accessing communications and recording key strokes.