FamilyMart to Revamp Joint Venture in China, Settles Long-Standing Dispute
Japanese convenience store giant FamilyMart has announced a major restructuring of its joint venture in China, marking the end of a protracted legal and operational dispute with its Chinese partners. This move comes after years of friction over control and...
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Zara to return to Ukraine after 2-year closure, FT reports
Zara is preparing to reopen the stores in Ukraine that it swiftly shuttered two years ago after Russia’s invasion of the country. The Spanish fashion giant’s owner Inditex has told local landlords that it will begin reopening its shops in Ukraine in...
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Huda Beauty Reinvented: New Identity and Leadership Under Huda Kattan
Huda Kattan, the visionary founder of Huda Beauty, has officially reclaimed her role as CEO and announced a series of “pivotal changes” for her company. In a bid to stay ahead in the ever-evolving beauty industry, Huda Beauty is set...
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FamilyMart to deploy cleaning robots across 300 convenience stores
FamilyMart, one of Japan's largest convenience store chains, has announced a significant technological upgrade to its operations with the deployment of cleaning robots across 300 locations. This initiative is part of the retailer’s ongoing efforts to enhance store efficiency and...
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Radisson sets considerable 2030 expansion target
“West and Central Africa has become increasingly important markets for our development across the continent,” remarked Erwan Garnier, senior director, development, Africa at Radisson Hotel Group. “2023 was a strong year for our expansion in the region and allowed us to further...
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H&M SWOT 2024 | SWOT Analysis of H&M
Company: Hennes & Mauritz AB (H&M) CEO: Helena Helmersson Founder: Erling Persson Year founded: October 4, 1947 Headquarters: Stockholm, Sweden Employees (2022): 150,000 Ticker Symbol: HM-B Type: Public Annual Revenue (FY2022): 223.55 SEK Billion Profit | Net income (FY2022): 3.57 SEK Billion Products & Services: Clothing | Accessories | Footwear | Cosmetics | Underwear | Sportswear | Home Textiles |...
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McDonald’s seeks to open 1,000 new stores in China by the end of the year as demand for fast food surges in the country amid economic troubles
McDonald's is pushing forward with its ambitious expansion plans in China despite economic challenges, aiming to open 1,000 new stores this year alone. This move comes as economic troubles in the country have increased demand for affordable food options. The...
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Marco’s Pizza Awards 86 Franchises Fueling Strategic Development and Expansion
Marco’s Pizza, one of the nation's fastest-growing pizza brands, concluded 2023 with remarkable achievements that set the stage for substantial growth in 2024. The brand awarded 86 new franchises and opened nearly 80 new stores throughout the year, reflecting its...
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Elevate Your Hospitality Business: The Sheraton Hotel Franchise Opportunity
Sheraton Hotels & Resorts is an international hotel franchise serving both business and leisure travelers. Besides being a major chain itself, Sheraton is one of the biggest hotel franchises within the broader Marriott International portfolio, the world’s largest hospitality and...
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Black Rifle Coffee Company opens in west Frisco
In November 2023, Black Rifle Coffee Company proudly opened its new location in Frisco, Texas, marking a significant milestone in the company’s expansion and commitment to serving high-quality coffee with a mission-driven focus. Located conveniently in the bustling heart of...
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