Star Pulse Hip-hop star Bow Wow has his sights set on becoming the youngest ever owner in the National Basketball Association (NBA), and has already started the process of buying a share of his local team. The rapper, real name Shad Moss, has a number of other business ventures in the pipeline including... More

Fool This time last year, Wendy’s (NYSE: WEN) was struggling with sliding same-store-sales. In the fourth quarter of 2005, not only were U.S. sales at stores open at least 13 months down more than 2%, but that soggy performance also followed worse declines in the same quarter of 2004. That kind... More

News Room In January 2006, Robert Hanson, president and CEO of the Arizona Corporation GarageFloorCoating.com, was reflecting on the multi-million dollar revenue concrete beautifying company he had built over the last ten years. Like many successful businesses, the time had come to consider long term... More

Nhan Dan Trung Nguyen Coffee was one of the first businesses in Vietnam to implement franchising. Established in 1996, Trung Nguyen has so far developed its trademark in all localities nationwide, with more than 1,000 franchised cafes. Following Trung Nguyen, various businesses in the country have also... More

Manchester Evening News: Doughnut store chain Krispy Kreme UK is set to be swallowed up by a Manchester-based private equity outfit which plans a ‘5m nationwide rollout of the brand. LDC has been granted exclusivity in the race to acquire the company, which owns the UK and Ireland master franchise... More

Btimes WATSONS Personal Care Stores Sdn Bhd (Watsons Malaysia), the country’s largest drug and personal care retailer in terms of the number of outlets, plans to open at least another 24 this year. Watsons Malaysia has been the market leader for the last three years, with 209 outlets operating... More

Qbr A Queensland-based business coaching company has been named among the world’s top 100 franchises for the fourth year running. ActionCOACH, founded by Brisbane entrepreneur and author Brad Sugars in 1993, is ranked 96th in US finance publication Entrepreneur Magazine’s Top 500 franchises for 2007. The... More

Btimes KFC Holdings (Malaysia) Bhd (KFCH) expects revenue to grow by 5 per cent to 8 per cent this year as it continues to set up more fast-food outlets and introduce new products. The group, which aims to open up at least 16 new outlets each year and re-model old stores, is due to announce its full-year... More

Buffalo News NIAGARA FALLS – It will be business as usual at the Hard Rock Cafes on both sides of the border, despite the Seminoles’ purchase of the Hard Rock Cafe empire and a pending lawsuit by the company that owns the restaurant near the brink of the American Falls. “Regardless... More

PRweb Maui Wowi Hawaiian has established a relationship with H-E-B — a San Antonio-based, privately held supermarket chain with more than 300 stores — which enables Maui Wowi Hawaiian franchise operators to open retail outlets inside H-E-B stores throughout Texas and Mexico. n December, customers... More

Two Men and A Truck International Inc.’s has named Melanie Bergeron its new chief executive officer. She succeeds founder and CEO Mary Ellen Sheets, who has decided to take a different role in the company she’s built. The Lansing-based moving company said in a statement Sheets will assume... More

Franchise Magazine A dynamic and exciting retail concept, CeX provides an electrifying opportunity for technology and gadget lovers wanting to build their own business. Adam Browning reports An established brand with a loyal customer base and a franchise business system that’s virtually recession-proof,... More