Sales declined by 16% to 2.2 billion yuan, amid a weak performance by its franchise stores and e-commerce business.
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We currently estimate that the number of franchise stores will grow at an annual rate of around 6%, reaching 12, 000 by 2017.
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Some 12 new franchise stores are planned to be opened this year worldwide including in Ukraine, Saudi Arabia and Turkey, Laura Ashley said.
The suit was brought by American businessmen who had the rights to franchise Compusa stores in Mexico.
The company plans to open a store in the Bronx this month and franchise the stores this spring, he said.
Miller expects Peltz to franchise the stores Wendy's owns, sell some real estate, consolidate the duplicate back office, and come up with a plan to increase revenue.
So a handful of company- and franchise-owned stores now have been built with a slightly larger footprint that opens up the production process to view by customers, gives them a screen to monitor the progress of their specific order, provides them a huge chalkboard where they can comment and, in many cases, includes a large-screen TV to watch while they wait, as well as limited seating.
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Oil companies own (or franchise) a lot of stores but are now trying to get out of this tangential business.
It currently has 300 UK stores, both franchise and company owned.
Then he diversified, opening several more sports retail chains, including a string of golf stores, and buying franchise rights to operate top brand-name sportswear and designer clothing shops.
McCollough walks away after spearheading a drive to move or refurbish a block of Circuit City stores, an effort designed to close a quality gap a with Best Buy franchise seen as having better locations, brighter and less cluttered stores, and top-of-the-line service led by its famed Geek Squad customer support operation.
" The insurance mandate is so onerous for small firms that Stephen Caldeira, president of the International Franchise Association, predicts that "Many stores will have to cut worker hours out of necessity.
PLC, which already has a franchise agreement with Tata Group's Star Bazaar stores, welcomed the news.
Earlier this month dealers in Minnesota dropped their push for a franchise law that would have prevented Tesla from opening stores there.
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Kay's Kloset, franchises are now able to set price minimums and maximums for their stores, says Robert Zarco, a franchise attorney in Miami.
So great, in fact, that U.K. Greeting card franchise Carlton cards asked her to come in and run their stores as well as her privately held and family company Papyrus.
In the first days after the tsunami, the company estimated that 40 stores were entirely or half destroyed and that perhaps 16 franchise owners of Seven-Eleven franchises were dead or missing.
Bailian Group of Shanghai, whose domestically well-known businesses include the Shanghai Friendship Group and Lianhua Supermarket, led a list of top chain stores in China published by the China Chain Store and Franchise Association earlier this month.
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The European Wax Center company has evoled into the darling of the franchise sector, with impressive growth and a rapidly expanding network of nationwide stores.
Most of its outlets are run by franchise agents, a system which allowed the company to expand its retail stores rapidly and with relatively few risks last year.
These franchise agents must also meet aggressive sales targets so, with sales slowing, some stores have been reporting fictitious contracts.
Pizza Hut Delivery, which uses a franchise model, said both existing and new franchisees would get financial support to open new stores.
Simpson himself was once a spokesperson for and a franchise owner of two chicken restaurants, and he held a 50 percent ownership in eight HoneyBaked Ham stores.
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