June 11, 2012

Rita’s CEO Sees Philadelphia’s Water Ice Chain As A Global Business

Philadelphia Inquirer: Bob Tumolo, who opened the first Rita’s-brand summertime water-ice shop in 1984, was a city firefighter from South Philly who sold out, after 20 years, because growing the chain made him tired. And selling it made him rich. Jonathan C. Fornaci, who now runs the 600-store, $140 million-plus (yearly sales) franchise chain from

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McDonald’s Comp Sales Fall In Japan And China

QSRweb.com: McDonald’s Corporation today announced global comparable sales growth of 3.3 percent in May. Performance by segment was as follows: • U.S. up 4.4 percent • Europe up 2.9 percent • Asia/Pacific, Middle East and Africa down 1.7 percent “Our commitment to providing customers with menu variety, value and convenience delivered global comparable sales growth

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Platinum Property Partners Franchise Reaches New Milestone

‎FranchiseKey.com: Platinum Property Partners, a property investment franchise, have announced that they have welcomed their 100th franchisee to their network. Indeed, 2012 has been proving to be a successful year so far for the property franchise having just achieved a record-breaking month for recruitment and being awarded full membership status of the British Franchise Association.

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