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Retail Franchise Industry News & Announcements

Franchising.com brings you the latest in Retail franchising news from around the web. As one of the most trusted news sources for the Retail franchise industry, Franchising.com streams hundreds of the latest news directly to your desktop.

Giant Tiger To Build New Store In Moncton, New Brunswick »

August 28, 2015 at 6:57AM PDT | Source: Giant Tiger Stores Limited

OTTAWA, ONTARIO - (Marketwired - Aug. 28, 2015) - Here we grow again! Giant Tiger is excited to announce the opening of a second store in Moncton, New Brunswick, scheduled to open on April 9, 2016.
The new Giant Tiger will be located at 165 Main Street and will have approximately 19,000 square feet of selling space.
"We are very excited to be expanding in Moncton," says Thomas Haig, President of Giant Tiger Stores Limited. "The City of Moncton has shown Giant Tiger much support throughout the years and having a second location will be a great complement to the Giant Tiger family of stores."
Customers at Giant Tiger Moncton can look forward to our familiar bright and fun decor, groceries, outstanding selection of merchandise and, of course, the friendly customer service for which Giant Tiger is known...

Regis Reports Fourth Quarter 2015 Results »

August 28, 2015 at 5:58AM PDT | Source: Regis Corporation

MINNEAPOLIS - August 28, 2015 - (BUSINESS WIRE) - Regis Corporation (NYSE: RGS), a leader in the haircare industry, whose primary business is owning, operating and franchising hair salons, today reported results for its fiscal fourth quarter ended June 30, 2015 versus the prior year as noted below.
As a result of the Company's valuation allowance against most of its deferred tax assets, associated reported and as adjusted, after-tax results are not comparable to prior periods.

Sales of $462.9 million, a decline of $(21.0) million. Same-store sales decreased 0.8%.

Same-store service and product sales decreased 0.6% and 1.8%, respectively.


GAAP net loss of $(2.6) million or $(0.05) per diluted share...

Giant Tiger Announces Opening Of New Fergus, Ontario Store »

August 28, 2015 at 4:40AM PDT | Source: Giant Tiger Stores Limited

OTTAWA, ONTARIO - (Marketwired - Aug. 28, 2015) - Giant Tiger Stores Limited is excited to announce the planned opening of its newest store in Fergus, Ontario. This location, which will be the first Giant Tiger in Fergus, is scheduled to open on May 14, 2016.
The store will be located at 900 Tower Street South and will occupy approximately 16,500 square feet of retail space.
"We are excited to bring our outstanding value and fun shopping experience to Fergus, Ontario," said Thomas Haig, President of Giant Tiger Stores Limited.
"Residents of Fergus have been asking for a Giant Tiger for some time now. We are happy to finally break ground here and are looking forward to being part of the community."
To celebrate the grand opening on May 14, community events and programming are planned throughout the day...

Snap-on To Present At RBC Capital Markets’ 2015 Industrials Conference »

August 27, 2015 at 8:00AM PDT | Source: Snap-on Tools

KENOSHA, Wis. - (BUSINESS WIRE) - August 27, 2015 - Snap-on Incorporated (NYSE: SNA) will present at the 2015 RBC Capital Markets’ Industrials Conference at 8:00 AM Pacific Time on Thursday, September 10, 2015.
The Snap-on management presentation will be broadcast live on the Snap-on Incorporated website. To access the webcast, go to www.snapon.com/sna and click on the link under “Events and Presentations” on the Corporate homepage, or the link found on the Investor Events page. Following the webcast, an archived replay will be available on the company’s Web site for approximately 90 days.
About Snap-on
Snap-on Incorporated is a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks...

National Dog Day ‘Begs’ For A Spotlight On Pet Parent Spending »

August 27, 2015 at 7:33AM PDT | Source: Pet Supplies Plus

Pet Supplies Plus Determined to Answer Demand, Adds 15 New Franchise Partners to System
LIVONIA, Mich. - August 26, 2015 - (BUSINESS WIRE) - Approximately 60 percent of every dollar in the $58 billion pet industry is spent on man’s best friend. With 54.4 million households claiming a dog as part of their family, annual spending is continuing to rise to colossal heights and pet retailers are expanding at an unprecedented rate to cater to the constantly growing needs of pet parents.
As the nation’s largest pet retail franchise, Pet Supplies Plus continues to expand its presence by partnering with qualified franchisees eager to enter the pet industry. So far this year, the retailer has welcomed 15 new franchisees to the system for a total of 19 new locations in the pipeline...

RadioShack Is Back »

August 27, 2015 at 7:24AM PDT | Source: RadioShack

RadioShack Announces the Re-Launch of RadioShack for Business, Education, and Government
Qualified Schools, Small and Large Businesses, Governments and Municipalities to Resume Receiving Special Terms and Credit for the Products They Need From Over 1,700 RadioShack Stores Nationwide
FT WORTH, Texas - Aug. 27, 2015 /PRNewswire/ - General Wireless Operations, doing business as RadioShack, announced today the re-launch of their Business, Education and Government commercial accounts business targeted at strengthening the ties between their retail stores and the businesses, municipalities and schools in the communities that the company serves.
"We are deeply rooted in more than 1,200 communities around the country. Having direct relationships with small businesses, schools and local municipalities, and offering them the commercial terms they need to support their programs is a natural extension of our neighborhood consumer electronics stores and our commitment to those local communities," said Marty Amschler, Chief Revenue Officer of RadioShack...

Toys"R"Us, Inc. Announces Second Quarter 2015 Lenders And Note Investors Conference Call »

August 27, 2015 at 4:49AM PDT | Source: Toys R Us

For Toys"R"Us, Inc., Toys"R"Us – Delaware, Inc., and Toys"R"Us Property Company II, LLC
August 27, 2015 // Franchising.com // WAYNE, NJ – Toys"R"Us, Inc. is pleased to announce that its second quarter 2015 Lenders and Note Investors Conference Call to discuss the financial results of Toys"R"Us, Inc., Toys"R"Us – Delaware, Inc., and Toys"R"Us Property Company II, LLC has been scheduled for 11:00 a.m. ET on Monday, September 21, 2015. Participation in this call is limited to lenders under Toys"R"Us – Delaware, Inc.’s term loan credit agreement dated August 24, 2010 (as amended or supplemented, including by the joinder agreements dated May 25, 2011, April 10, 2012, and October 24, 2014), and to investors and prospective investors in Toys"R"Us Property Company II, LLC’s 8...

Winning Military Vet Takes Over Reins Of Burleson 7-Eleven Store »

August 26, 2015 at 7:25AM PDT | Source: 7-Eleven

Mark Anthony Page Becomes first Franchisee in 7-Eleven’s Operation: Take Command Fee-Free Franchise Contest to Assume Store
August 26, 2015 // Franchising.com // DALLAS and BURLESON, Texas – With weeks of training on under his belt, a store brimming with merchandise and a heart ready to serve, U.S. Navy veteran Mark Anthony Page realizes his own American dream this week. Page becomes the business owner of a 7-Eleven® franchised store in Burleson after winning the company’s Operation: Take Command campaign.
It is the culmination of nine months’ work and competition to win first America’s and then 7-Eleven, Inc. CEO’s vote of confidence. The prize was an available 7-Eleven store of the winner’s choice at a discount, valued up to $190,000...

Planet Beach Retires “Automated Spa” Tagline »

August 26, 2015 at 5:35AM PDT | Source: Planet Beach

Planet Beach retires “Automated Spa” sub-appellation in favor of the more progressively accurate title “Planet Beach Spray & Spa”.
NEW ORLEANS, LA (PRWEB) August 26, 2015 - It has been almost twenty years since the original “Planet Beach Tanning” opened its doors in New Orleans, LA. The first of its kind, Planet Beach transcended the rudimentary, run-of-the-mill fitness centers by yielding spa results at a price the general population could afford. Like most innovative ideas, Planet Beach has seen many alterations and progressive changes over the last two decades in favor of having a clear appellation and a focused niche in the marketplace.
Initially “Planet Beach Tanning” was exactly that...

Pet Supplies Plus Determined To Answer Demand, Adds 15 New Franchise Partners To System  »

August 26, 2015 at 5:09AM PDT | Source: Pet Supplies Plus

National Dog Day ‘Begs’ for a Spotlight on Pet Parent Spending
August 26, 2015 // Franchising.com // LIVONIA, Mich. – Approximately 60 percent of every dollar in the $58 billion pet industry is spent on man’s best friend. With 54.4 million households claiming a dog as part of their family, annual spending is continuing to rise to colossal heights and pet retailers are expanding at an unprecedented rate to cater to the constantly growing needs of pet parents.
As the nation’s largest pet retail franchise, Pet Supplies Plus continues to expand its presence by partnering with qualified franchisees eager to enter the pet industry. So far this year, the retailer has welcomed 15 new franchisees to the system for a total of 19 new locations in the pipeline...

Sears Hometown And Outlet Stores Raises More Than $217,000 For Make-A-Wish® »

August 25, 2015 at 10:30AM PDT | Source: Sears Hometown and Outlet Stores

National Retailer Continues Support of Make-A-Wish to Help Grant Wishes for Children With Life-Threatening Medical Conditions
HOFFMAN ESTATES, Ill. - Aug. 25, 2015 (GLOBE NEWSWIRE) - With its 1,200-plus locations nationwide, Sears Hometown and Outlet Stores, Inc. (NASDAQ:SHOS) raised more than $217,000 this past spring during a two-week charitable program in support of Make-A-Wish®.
As a part of its continuing relationship with Make-A-Wish, customers at Sears Appliance & Hardware Stores, Sears Outlet Stores, Sears Hometown Stores and Sears Home Appliance Showrooms received a discount off a future purchase when they donated $5 or more to Make-A-Wish.
"Giving back is a key component of our corporate culture to keep us engrained in the communities we serve...

Aaron's Foundation Extends National Partnership With Boys & Girls Clubs Of America »

August 25, 2015 at 9:16AM PDT | Source: Aaron Rents, Inc.

To Three-Year, $5 Million Commitment to Empower At-Risk Teens
ATLANTA - Aug. 25, 2015 /PRNewswire/ - Aaron's, Inc. (NYSE: AAN), a leader in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories, on Monday announced that the Aaron's Foundation will renew its partnership with Boys & Girls Clubs of America (BGCA) with a three-year, $5 million commitment to the Keystone Club, its premier national teen leadership and character program. A special event was held to announce the expanded partnership at the Warren Boys & Girls Club in Atlanta and included a Keystone Club makeover valued at $25,000.
"Aaron's has a long tradition of giving back to the more than 2,000 communities where our stores are located across the country," said John Robinson, Aaron's Chief Executive Officer...

World’s Largest Business Card Designed, Printed And On Display At Minuteman Press In Macon »

August 25, 2015 at 6:44AM PDT | Source: Minuteman Press Int'l.
Minuteman Press Int'l.  Opportunities Available

Proceeds from Business Card box orders to be donated to Jay’s HOPE supporting local Georgia children with cancer.
August 25, 2015 // Franchising.com // MACON, Ga. - The new (unofficial) World’s Largest Business Card was unveiled recently at The Minuteman Press Franchise in Macon, GA by owners Vicki and Doug Senn. The idea of making the world’s largest business card came to Doug as he was thinking about how to differentiate his printing and marketing business from others, especially the Internet printers.
Doug’s thought process was that since the turnaround time for Internet printers was so much slower than his quick print shop, he would start a marketing campaign featuring what his customers wanted quickly and most often, which turned out to be business cards...

Giant Tiger Stores Limited Announces New Board Of Directors »

August 25, 2015 at 6:13AM PDT | Source: Giant Tiger Stores Limited

OTTAWA, ONTARIO - (Marketwired - Aug. 25, 2015) - Gordon Reid, Founder, Chairman and CEO of Giant Tiger Stores Limited, Canada's leading discount retailer, is pleased to announce the company's new Board of Directors, effective August 1, 2015.
The new structure has been put in place to ensure that the expertise of Giant Tiger's business operations is maintained and held to the highest standard as the company continues to grow its brand throughout Canada.
"As a privately held company, the new board structure is a milestone for Giant Tiger as we work to support the momentum of the company and help to propel it forward," said Mr. Reid. "We believe that the expertise and knowledge of this collective group, as well as their appreciation and mutual respect for Giant Tiger's core principals of customer service, community involvement and value, leaves us best positioned to realize our goals...

FASTSIGNS® Announces Record Growth And Celebrates Landmark Success At Sales Summit »

August 24, 2015 at 11:51AM PDT | Source: FASTSIGNS
FASTSIGNS Opportunities Available

August 24, 2015 // Franchising.com // CARROLLTON, Texas - FASTSIGNS International, Inc., franchisor of more than 590 FASTSIGNS® locations worldwide, held its annual Outside Sales Summit in Charlotte, North Carolina, where 34 Outside Sales Professionals from different FASTSIGNS locations were recognized for sales achievements exceeding half a million dollars in annual sales, including 10 who achieved more than $1 million in sales.
“Our FASTSIGNS Outside Sales Professionals lead the industry in providing comprehensive solutions to solve communications challenges for customers,” explained Catherine Monson, CEO of FASTSIGNS International, Inc. “We recently achieved a new milestone of $400 million in system-wide sales for the first time in our 30-year history...

America's Music School Opens New Virginia Location In Bristow »

August 24, 2015 at 10:46AM PDT | Source: Bach to Rock

Bach to Rock Invites Community to Grand Opening Celebration on Sept. 26 in Bristow, Va. 
BETHESDA, Md. - Aug. 24, 2015 /PRNewswire/ - Bach to Rock (B2R), America's music school for students of all ages, announced today that its newest Virginia location will open in Bristow on Monday, Sept. 28. To celebrate B2R's grand opening, the school will host an open house on Saturday, Sept. 26 from 10 a.m. - 2 p.m. at 9070 Devlin Road, Suite 100. The community is invited to tour the school, learn about individual lessons and group classes, check out the recording studio, meet the teachers, and more.
"Our Virginia locations in Chantilly, Herndon, Leesburg and McLean have all received such a great response from their local communities, so we knew it was time to bring our high-quality music education to the children of Bristow," said Brian Gross, president of Bach to Rock...

7-Eleven® Completes Acquisition Of Approximately 180 Tedeschi Food Shops »

August 24, 2015 at 6:50AM PDT | Source: 7-Eleven

DALLAS - Aug. 24, 2015 /PRNewswire/ - 7-Eleven, Inc. today announced that it has closed on the acquisition of approximately 180 Tedeschi Food Shops (headquarters in Rockland, Mass.). This transaction adds to 7-Eleven's existing 150 7-Eleven® stores in the greater Boston and southern New Hampshire area.
7-Eleven has made job offers to employees working at the stores and most non-store personnel of Tedeschi Food Shops, formerly owned by the Tedeschi family.
"The Tedeschi Food Shops stores complement our 7-Eleven store operations in the greater Boston area because of their geographical locations, food service focus, community-involved franchisees and commitment to serving their neighborhoods," said Stan Reynolds, 7-Eleven's chief financial officer and executive vice president...

Demand Remains Strong For FASTSIGNS® Co-Brand And Conversion Programs »

August 21, 2015 at 12:32PM PDT | Source: FASTSIGNS
FASTSIGNS Opportunities Available

Leading Global Sign, Graphics and Visual Communication Franchisor Exhibits at NBM Philadelphia to Share Continued Success Partnering with Independent Owners through Franchise Programs; New FASTSIGNS eBook Offers Advice for Prospective Owners and Insight on its Franchise Offerings
August 21, 2015 // Franchising.com // PHILADELPHIA – The FASTSIGNS® Co-Brand and Conversion programs continue to be top growth drivers for the global franchise, which has more than 590 sign, graphics and visual communications centers in nine countries.
In particular, demand from independent print and photofinishing operators across the United States is high; FASTSIGNS has signed 12 Co-Brand franchise agreements in the past eight months alone...

Rent-A-Center’s “Make A Difference Scholarship” Offers Aid Amidst Skyrocketing College Costs »

August 21, 2015 at 6:04AM PDT | Source: Rent-A-Center

PLANO, Texas - August 14, 2015 - (BUSINESS WIRE) - Rent-A-Center, Inc. (NASDAQ/NGS:RCII) today announced 60 U.S. high school and undergraduate students will share $60,000 in Rent-A-Center scholarships for distinguishing themselves academically and through civic engagement.
Having distributed $610,000 in scholarships since its establishment in 2004, Rent-A-Center’s Make A Difference scholarship provides 60 $1,000 awards annually to Rent-A-Center customers, their children, and the children of Rent-A-Center employees.
The scholarships come on the heels of a recent Gallup poll that found that college-funding worries are a top money concern for U.S. parents.
“Rent-A-Center has a long tradition of supporting education,” said Kenneth Jones, Rent-A-Center’s public affairs manager...

Gap Inc. Reports Second Quarter Results »

August 21, 2015 at 5:03AM PDT | Source: Gap Inc

SAN FRANCISCO - August 20, 2015 - (BUSINESS WIRE) - Gap Inc. (NYSE:GPS) today reported second quarter fiscal year 2015 results and reaffirmed its full-year earnings per share guidance to be in the range of $2.75 to $2.80, excluding the impact from strategic actions previously announced on June 15, 2015.
“I remain confident in our strategies to improve business performance and drive loyalty going forward,” said Art Peck, chief executive officer, Gap Inc. “Our evolving product operating model is laying the foundation to more consistently deliver on-trend product collections across our portfolio.”
On a reported basis, Gap Inc.’s second quarter of fiscal year 2015 diluted earnings per share were $0...



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