October 1, 2010

Planet Fitness Gets $50 Million From GE Capital To Fuel Growth

iNews Connect: Planet Fitness, whose low-price gyms have struck a chord with consumers and revolutionized an industry once dominated by big-box health clubs, reached agreement today with GE Capital on a million credit facility that will help fuel the franchise companyâ€™s expansion. The facility may be increased to million under certain conditions. â€œBecause of GE […]

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Jack In The Box To Shut 40 Stores

Franchise Site

Zacks.com: Jack in the Box Inc. announced recently that it is planning to shut 40 company-owned underperforming restaurants before the end of its current fiscal year 2010 on October 3, 2010. The fast-food chain plans to close the restaurants situated across 7 states, mostly in the Southeast and Texas, places hard-hit by the economic downturn.

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Naked Pizza Readies Two Hub Shops

Franchise Site

Boston Herald: Naked Pizza, a New Orleans-based pizza chain backed by Patriots [team stats] owner Robert Kraft and Dallas Mavericks owner and billionaire Mark Cuban, has landed its first two Hub locations. The 4-year-old takeout and delivery chain – which makes all-natural pizzas free of antibiotics, high fructose corn syrup, trans fats and â€œother freaky

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From Tupperware To Pet Parties

MLM Site

ABC15.com: Tania Enea from Petlane Pet Products says she knows your pet is a part of your family. Petlane offers many different kinds of pet products for dogs and cats. She says pet parties are a great way for people to get together and talk about how pets have enhanced their lives. They also provide

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Red Lion Hotels Hires Sandi Heffernan As Corporate Controller

Franchise Site

PR Newswire: Red Lion Hotels Corporation has hired Sandi Heffernan as Corporate Controller starting October 11, 2010. Heffernan most recently served as Senior Director of Financial Accounting & Reporting for NightHawk Radiology Holdings, Inc., a public company based in Coeur d’Alene, ID. She previously worked in key accounting and financial positions, including Controller and Assistant

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US Pizza Opens In Gurgaon

Franchise Site

indiaretailing.com: US Pizza, owned by Bangalore-based United Restaurants Ltd, recently opened its first outlet in Gurgaon. The 300 sq.ft outlet at MGF Metropolitan Mall offers guests lip-smacking pizzas, along with imported sauces and toppings, with an array of side dishes such as garlic bread, pastas, soups, salads and desserts to serve wholesome meals. â€œNew Delhi

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Cookie Man In Liquidation

Franchise Site

â€ŽFranchising.net.au: Food franchise Cookie Man has gone into liquidation and is up for sale as a going concern after the Allied Brands-owned business was served a winding up order by the NSW Supreme Court. Peter Hillig of Smith Hancock has been appointed liquidator and told Franchising a Cookie Man creditor with an upaid debt applied

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RE/MAX India Opens 100th Franchise Office

Franchise Site

Franchiseindia.com: RE/MAX India, an international real estate company, has launched its 100th franchised office in India. With its organised entrepreneurship, the company is moving from metros to tier II and III cities, thereby growing its network to provide real estate solutions to various brands and their franchisees. Being a real estate franchising company, its biggest

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Jose Aguirre Helps Businesses Achieve Their Goals With ActionCOACH

Franchise Site

Franchising.com: Jose Aquirre is ready to give back to his homeland of Ecuador in the way he knows best, building businesses. Jose Aguirre knows it is time to build an economically stronger Ecuador and small business owners have to take the lead. That is why he has partnered with ActionCOACH. ActionCOACH is the world’s leader

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Next Up In Dunkin’ Development: South Carolina

Franchise Site

â€ŽQSR magazine: Dunkin’ Donuts announced the signing of a multiunit store development agreement with franchisee The Beekman Group for its portfolio company, TBG Food Acquisition Corp. (“TBGFAC”) to build 14 new restaurants in South Carolina. TBGFAC will develop six restaurants in Greenville and eight in Columbia. Restaurants in both markets will begin to open in

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