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.
ST. CHARLES, Missouri – A circuit court ruled last December that Francorp development firm did give Jitterswing, Inc. legal services and advice in preparing its franchise offering circular and franchise agreement, although it did not have a license to practice law in Missouri.
DAYTON, Ohio – A district judge ruled that the evidence of fraud and deception perpetrated by Instant Tax Services CEO Fesum Ogbazion was so overwhelming that he and his company were permanently barred from the tax-return preparation business. He said his order "is necessary to protect the public and the Treasury."
NEW YORK—Shares of Re/Max Holdings, Inc. on Wednesday were publicly trading for the first time on Wednesday under the ticker symbol "RMAX". The Denver-based firm is considered the country's largest franchisor of real estate brokerage services.
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.
A new consumer survey recognizes Enterprise, National and Alamo as the top car rental brands for airport customer satisfaction. The survey, conducted by J.D. Power and Associates, was released yesterday.