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Why Franchisors are Looking Beyond North America for their Next Big...

When a restaurant concept becomes a runaway success, international expansion is likely the next action item on the operator’s agenda. The natural go-to destination...

Starbucks Opens First Community Store in Asia

SEATTLE — Starbucks has launched its first community store in the Langsuan neighbourhood of Bangkok, Thailand where 10 per cent of sales from Starbucks...

McDonald’s Corp. Records First Sales Drop Since 2003

OAK BROOK, Ill. — October wasn’t a good month for McDonald’s Corp., when reported global comparable sales were down 1.8 per cent, marking the...

Fairmont Removes Shark Fin From Menus

TORONTO — At a time when shark-fin bans are becoming commonplace across North America, Fairmont Hotels & Resorts has removed the delicacy from its...

Wetzel’s Pretzels Targets Asia for Expansion

PASADENA, Calif. — Wetzel's Pretzels has opened its first Asian location with a bang, becoming the company’s highest-volume store in the world. To launch...

McDonald’s Names COO

ILLINOIS — Tim Fenton has been elected COO of McDonald’s Corporation, effective July 1. Fenton, currently president of McDonald's Asia, Pacific, Middle East and...

McDonald’s Names COO

ILLINOIS — Tim Fenton has been elected COO of McDonald’s Corporation, effective July 1. Fenton, currently president of McDonald's Asia, Pacific, Middle East and...