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

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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

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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

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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

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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

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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

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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

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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...