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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.

GapKids Launches Limited-Edition Collection With Kate Spade New York And Jack Spade »

October 21, 2014 at 8:55AM PDT | Source: Gap Inc

Continuing Gap's trend of like-minded designer collaborations for GapKids and a first foray for the Kate Spade & Company brands into childrenswear.
NEW YORK - Oct. 21, 2014 /PRNewswire/ - Gap is thrilled to launch kate spade new york and Jack Spade for GapKids, a limited-edition girls' and boys' apparel and accessories collection for Holiday 2014. This marks kate spade new york and Jack Spade's first foray into childrenswear as well as the first time the Kate Spade & Company brands will partner together.
Launching in select Gap stores in the United States, Canada, United Kingdom, France, Hong Kong and Japan and on gap.com on October 30th, the childrenswear collection, which will be available for two weeks only, embraces child-like imagination with festive and whimsical styles in toddler and kids sizing...

Edible Arrangements® Adds New Franchise Revenue Channels »

October 21, 2014 at 8:15AM PDT | Source: Edible Arrangements

Category Originator and Global Leader Announces Innovative Partnerships With Military, Higher Education
WALLINGFORD, CT - (Marketwired - Oct 21, 2014) - Edible Arrangements®, the world's largest franchisor of stores offering fresh-cut fruit arrangements and other fruit products, is expanding into two exciting new markets - military bases and universities. Plus, it is pursuing similar initiatives at other high traffic locations throughout the U.S.
This November, Fort Bragg, NC, home of the U.S. Airborne and Special Operations and one of the largest military complexes in the world, will become home to the first on-base Edible Arrangements store. Earlier this Fall, Oakwood University in Huntsville, AL, became the first university to own an Edible Arrangements store...

Planet Beach Saudi Arabia Hosts Valuable Breast Cancer Event »

October 21, 2014 at 7:08AM PDT | Source: Planet Beach
Planet Beach   Opportunities Available

October 21, 2014 // Franchising.com // NEW ORLEANS – In honor of Breast Cancer Awareness month, Planet Beach Saudi Arabia hosted an event on October 18th from 10:00 a.m. until 2:00 p.m. to honor survivors.
Planet Beach Saudi Arabia blanketed itself in pink, as they recognized breast cancer survivors and their families. Several area sponsors provided decorations and food to those in attendance.
"After last year's success, we decided to enlarge the festivities," said Planet Beach's Azhar Al-Fagih, who organized the event and handles daily operations for the spa. "We were fortunate enough to have Dr. Fadwa Alnahdi from the Saudi Arabian Ministry of Health speak at the event on the importance of early examination. We also hosted Dr...

Rent-A-Center, Inc. Reports Third Quarter 2014 Results »

October 21, 2014 at 5:28AM PDT | Source: Rent-A-Center

Total Revenues Increased 2.0%Consolidated Same Store Sales Increased 1.9%Diluted Earnings per Share of $0.48
PLANO, Texas - (BUSINESS WIRE) - Oct. 20, 2014 - Rent-A-Center, Inc. (the "Company") (NASDAQ/NGS: RCII), the nation's largest rent-to-own operator, today announced results for the quarter ended September 30, 2014.
Third Quarter 2014 Results
Total revenues were $769.5 million, an increase of $14.7 million from total revenues of $754.8 million for the same period in the prior year. This 2.0% increase in total revenues was primarily due to increases of approximately $36.6 million in the Acceptance Now segment and approximately $6.9 million in the Mexico segment, partially offset by a decrease of approximately $29...

New Wireless Zone® Franchise Owners Find Success In Wisconsin »

October 20, 2014 at 8:09AM PDT | Source: Wireless Zone® Franchise

Two friends, and first time business owners, open successful Wireless Zone® franchise in Portage
October 20, 2014 // Franchising.com // PORTAGE, Wis. – Wireless Zone®, the nation's largest Verizon Wireless retail franchisor, is celebrating the success of new franchise owners Matthew Williams and Eric Reynolds and their new store in Portage, Wisconsin. Already making a name for themselves in the industry and Portage community, Williams and Reynolds are achieving record-breaking numbers in their first five months of business.
"Being able to open a Wireless Zone store in Portage and have incredible success in the first few months has been a very rewarding experience," said Williams. "We have worked extremely hard to build a strong foundation, and the local community has been very supportive of the new store...

Community Invited To Art Van Furniture Ribbon Cutting At Mishawaka, Indiana Store October 28 »

October 20, 2014 at 7:51AM PDT | Source: Art Van Furniture

Former family-owned Sofa Select is first Art Van Furniture franchise location outside of Michigan
WARREN, Mich., Oct. 20, 2014 /PRNewswire/ -- Don't "mish" it! Art Van Furniture, the Midwest's No. 1 furniture and mattress retailer, is hosting an official ribbon cutting ceremony at its new Mishawaka, Indiana store on Tuesday, October 28 at 4:30 p.m. The former Sofa Select store, located at 5946 North Grape Road near the University Park Mall, is owned by Tom and Rose Eslinger. Members of Art Van Furniture's leadership team will be in attendance as well as local dignitaries. The event is open to the public.
This is Art Van Furniture's first franchise location outside of its home state of Michigan. It currently has seven Michigan franchise locations in Alpena, Mount Pleasant, Midland, Marquette, Sault Sainte Marie, Owosso and Gaylord, with two additional franchises set to open in the state in 2014...

FASTSIGNS® Helps Independent Owners Thrive, Maximize New Channels For Growth »

October 20, 2014 at 4:53AM PDT | Source: FASTSIGNS
FASTSIGNS Opportunities Available

Leading Signage & Visual Graphics Franchisor Exhibits at 2014 SGIA Expo to Share Success with Independent Owners through Company's Co-Brand and Conversion Franchise Programs
October 20, 2014 // Franchising.com // CARROLLTON, Texas - Though more businesses are investing in effective signage and visual graphics, many of today's independent sign and print shop owners are not maximizing their businesses' true potential due to lack of support in key areas, such as marketing and technology advancements. FASTSIGNS International Inc. - the worldwide franchisor of more than 560 FASTSIGNS® sign, graphics and visual communications centers in eight countries - recognizes these challenges and provides the necessary resources through its Co-Brand or Conversion franchise programs for independent owners to thrive...

Giant Tiger Is A Proud Supporter Of The Leukemia And Lymphoma Society Of Canada's Light The Night Walk 2014 »

October 20, 2014 at 4:32AM PDT | Source: Giant Tiger Stores Limited

OTTAWA, ONTARIO - (Marketwired - Oct. 17, 2014) - Giant Tiger Stores Limited is pleased to announce the success of Giant Tiger's recent across the East Coast campaign to raise funds and awareness for the Light the Night Walk. This donation of $10,000 represents proceeds from September 2nd until October 6th.
During the Round Up Campaign, Giant Tiger cashiers asked customers if they would be interested in rounding up to the nearest dollar. The amount donated goes directly to the Leukemia and Lymphoma Society of Canada. Giant Tiger Stores in Halifax and Dartmouth were both key supporters.
"Giant Tiger is proud to give back to the communities we call home," said Scott Gouthro of Giant Tiger's Halifax and Dartmouth. "I am so proud of all of the Giant Tiger stores and customers throughout the East Coast who came together to make this monumental donation a reality...

Snap-on Announces Third Quarter 2014 Results »

October 16, 2014 at 7:00AM PDT | Source: Snap-on Tools

Diluted EPS of $1.76 increases 23.1%;Operating earnings before financial services of 16.2% of sales improves 140 basis points; Sales of $806.3 million up 7.0%
KENOSHA, Wis. - October 16, 2014 - (BUSINESS WIRE) - Snap-on Incorporated (NYSE: SNA), a leading global innovator, manufacturer and marketer of tools, equipment, diagnostics, repair information and systems solutions for professional users performing critical tasks, today announced operating results for the third quarter of 2014.

Sales of $806.3 million increased $53.1 million, or 7.0%, from 2013 levels; excluding $5.6 million of acquisition-related sales and $0.7 million of favorable foreign currency translation, organic sales increased 6.2%.
Operating earnings before financial services of $130...

Gap Inc. Approves $500 Million Share Repurchase Authorization »

October 16, 2014 at 6:54AM PDT | Source: Gap Inc

SAN FRANCISCO - October 16, 2014 - (BUSINESS WIRE) - Gap Inc. (NYSE: GPS) today announced that its Board of Directors approved a new $500 million share repurchase authorization for the company's common stock, reinforcing the company's commitment to returning excess cash to shareholders.
The new $500 million repurchase program for Gap Inc.'s stock follows the company's previous $1 billion share repurchase program.
"Through the end of the second quarter, we're pleased to have distributed about $800 million in cash to shareholders through dividends and share repurchases," said Sabrina Simmons, EVP and chief financial officer, Gap Inc. "The additional authorization to repurchase stock underscores management and the board's continued confidence in our long-term strategy...

FASTSIGNS® Continues U.S. Expansion Focus On California »

October 16, 2014 at 6:43AM PDT | Source: FASTSIGNS
FASTSIGNS Opportunities Available

Leading Signage & Visual Graphics Franchisor Plans to Increase California Presence with 7-10 New Centers a Year; Exhibits at 2014 West Coast Franchise Expo to Meet Prospective Owners
October 16, 2014 // Franchising.com // CARROLLTON, Texas - Committed to its franchise expansion efforts in California, FASTSIGNS International Inc. - the worldwide franchisor of more than 560 FASTSIGNS® sign, graphics and visual communications centers in eight countries - will be exhibiting at the West Coast Franchise Expo Oct. 23-25, 2014 at the Anaheim Convention Center in Anaheim, Calif.
During the three-day event, attendees will have the opportunity to meet with FASTSIGNS representatives to discuss the franchise buying process and learn more about the company's proven business model, high franchise partner satisfaction rankings, $6 million funding through Franchise America Finance and a special incentive program for military veterans, including a 50 percent discount off the initial franchise fee...

Medifast Announces Winners Of National "Happy Afters" Contest »

October 16, 2014 at 5:19AM PDT | Source: Medifast Weight Control Centers
Medifast Weight Control Centers Opportunities Available

Leading Weight Management Program Celebrates Success Stories
OWINGS MILLS, Md. - Oct. 16, 2014 /PRNewswire/ - Medifast, Inc. (NYSE: MED), a leading United States manufacturer and provider of clinically proven, weight-loss products and programs, announces the winners of this year's annual Happy Afters contest. The challenge kicked off at the end of March to encourage participants to share their Medifast weight-loss journey. Seven lucky winners were chosen for an all-expenses paid trip to Chicago and were treated to personal shoppers at Nordstrom, makeovers at Anthony Cristiano Salon at Trump Tower, and a photo shoot. Winners will be featured on MedifastNow.com.
"We were thrilled to have thousands of participants nationwide submit their stories and inspired by their determination to achieve their weight-loss goals," said Brian Kagen, Medifast's Executive Vice President and Chief Marketing Officer...

New Sears Hometown Store Opens In LaBelle »

October 16, 2014 at 5:05AM PDT | Source: Sears Hometown and Outlet Stores

Local Retailer Offers Top Brand Home Appliances, Lawn and Garden Equipment, Tools, Mattresses, and More at Guaranteed Lowest Price
LABELLE, Fla. - Oct. 15, 2014 (GLOBE NEWSWIRE - Sears Hometown and Outlet Stores, Inc. (Nasdaq:SHOS) opened its newest Florida Sears Hometown Store on October 14 at 870 W. Hickpochee Ave., Ste #800.
The LaBelle location marks the 12th opening of a new Sears Hometown Store this year and the 27th opening of a new store across all of Sears Hometown and Outlet Stores formats. Unlike most retail concepts, Sears Hometown Stores combine the value, selection and services associated with larger retail stores but are owned and operated by a member of the local community.
"We look forward to providing the LaBelle community the largest selection of home appliances, tools, and lawn and garden equipment at the lowest possible price," stated Daniel Peregrin, local owner of the new Sears Hometown Store of LaBelle...

Best In Show: "The Pet Shop" Tops 2014 Holiday Toy Trends Identified By Toys"R"Us® »

October 16, 2014 at 4:30AM PDT | Source: Toys R Us

Dedicated Destinations for a Charming Menagerie of Cuddly and Interactive Pets Debut in Toys"R"Us Stores Nationwide and Online at Toysrus.com; Key Trends Forecasted by Toys"R"Us Also Include "Customizable Creations," "Lights, Camera, Toys," and "Out of this World" Playthings
October 16, 2014 // Franchising.com // WAYNE, NJ – After a near calendar-year of tracking toy introductions across the globe, the veteran team of experts at Toys"R"Us® have identified "The Pet Shop" as the leading holiday toy trend of 2014, expected to influence kids' wish lists and parents' shopping decisions. Encompassing a wide range of innovative and engaging toys, "The Pet Shop" trend spotlights the many life-like pups, fluttering butterflies, chirping birds and even tenacious, robotic dinosaurs that children are clamoring this holiday season...

CREAM Inks Deal For Santa Clara County Expansion »

October 16, 2014 at 4:11AM PDT | Source: CREAM

October 16, 2014 // Franchising.com // MILLBRAE, Cali. – CREAM, a San Francisco-based dessert franchise that specializes in high quality ice cream sandwiches and other confections, has signed a multi-unit development agreement with existing franchisee Moeen Abudamous to develop four additional locations throughout Santa Clara County, California.
Abudamous, who opened his first CREAM store in San Jose in February 2014, has already signed a lease for his second location, which will open early next year in Cupertino. Additional locations are planned for Milpitas, Los Gatos and Almaden Valley
"With the success of my first location in San Jose, I felt it was the right time to expand and introduce the high quality product to the rest of the good people of Santa Clara County," said Abudamous...

New Sears Outlet Store Opens In Knoxville »

October 16, 2014 at 4:02AM PDT | Source: Sears Hometown and Outlet Stores

Local Retailer Offers Broad Assortment of Merchandise Marked Significantly Lower Than Manufacturers' Suggested Retail Prices
KNOXVILLE, Tenn. - Oct. 15, 2014 (GLOBE NEWSWIRE) - Sears Hometown and Outlet Stores, Inc. (Nasdaq:SHOS) will open its newest Tennessee Sears Outlet Store on October 16, 2014 at 9630 Kingston Pike in Knoxville.
The Knoxville location marks the eighth opening of a new Sears Outlet Store this year and the 28th opening of a new store across all of Sears Hometown and Outlet Stores formats.
"Our new Sears Outlet store in Knoxville offers the local community an extensive selection of entry-level priced to high-end home appliances, grills, lawn mowers, patio furniture, small kitchen appliances, home goods and more - all at an incredible value," said Gordon Scott Walker, store manager of the new Sears Outlet Store in Knoxville...

Fantastic Sams Hair Salon Franchise Celebrates 40th Anniversary With Record-Breaking Convention »

October 15, 2014 at 12:01PM PDT | Source: Fantastic Sams
Fantastic Sams Opportunities Available

Iconic Hair Care Salon Quickly Becoming America's No. 1 Salon of Choice
BOSTON, MA - (Marketwired - Oct 15, 2014) - Fantastic Sams hair salon franchise celebrated its 40th year as an iconic American brand by launching a top-to-bottom "Brand Evolution" at its biannual franchise conference, which was held recently in Las Vegas, Nevada. The brand, which saw record attendance at the event, is aggressively expanding in the wake of its acquisition by Dessange International, Europe's leading luxury hair salon franchise and beauty brand.
"As we enter our fifth decade, Fantastic Sams is undergoing a dramatic resurgence that's taking the brand strength we've earned over the past four decades to the next level," said Fantastic Sams President and COO Linda Chadwick...

Edible Arrangements To Open Its First Store On A Military Base »

October 15, 2014 at 11:56AM PDT | Source: Edible Arrangements

Fort Bragg Location Scheduled to Open in November
October 15, 2014 // Franchising.com // Wallingford, CT - Edible Arrangements will open its first store ever on a United States military base later this year at Fort Bragg in North Carolina.
Franchisees Laverna and Martinez Alexander are scheduled to open the location in November. With a population of over 50,000, Fort Bragg provides services to more than 250,000 soldiers, retirees, family members and civilians. The base is also home to the 82nd Airborne.
"This is a tremendous opportunity for Edible Arrangements to provide fresh, healthy and delicious fruit products direct to the men and women of our military and their families," said Edible Arrangements’ founder and CEO, Tariq Farid...

Toys"R"Us® Launches #PlayItForward Initiative To Help Children In Need During Its Annual Toys For Tots Fundraising Campaign »

October 15, 2014 at 11:16AM PDT | Source: Toys R Us

Shaquille O'Neal Re-enlists as Shaq-A-Claus to Encourage Customers to Support Toys for Tots, Challenges Social Media Users to #PlayItForward by Sharing "Un-Selfie" Photos While Donating
October 15, 2014 // Franchising.com // Wayne, NJ – To help bring holiday joy to some of the 14.7 million U.S. children living in poverty, Toys"R"Us® today announced the launch of its annual nationwide fundraising campaign to benefit the Marine Toys for Tots Foundation. Now through Sunday, December 7, consumers can donate new, unwrapped toys at any Toys"R"Us or Babies"R"Us® store across the country and online at Toysrus.com/ToysforTots. The company will also collect monetary donations in-store and online through Christmas Eve.
Again this year, NBA Legend, philanthropist and entrepreneur Shaquille O'Neal is reporting back to Toys for Tots duty as his alter ego Shaq-A-Claus to encourage customers to donate to the cause, along with a new mission that will help double the giving: the #PlayItForward Challenge...

Winmark Corporation Announces Third Quarter Results »

October 15, 2014 at 9:33AM PDT | Source: Winmark Corporation

MINNEAPOLIS - October 15, 2014 - (BUSINESS WIRE) - Winmark Corporation (Nasdaq: WINA) announced today net income for the quarter ended September 27, 2014 of $5,623,000 (or $1.09 per share diluted) compared to net income of $5,251,500 (or $1.00 per share diluted) in the third quarter of 2013. For the nine months ended September 27, 2014, net income was $14,455,700 (or $2.76 per share diluted) compared to net income of $13,645,800 (or $2.61 per share diluted) for the same period last year.
About Winmark Corporation 
Winmark Corporation creates, supports and finances business. At September 27, 2014, there were 1,070 franchises in operation under the brands Plato's Closet®, Once Upon A Child®, Play It Again Sports®, Music Go Round® and Style Encore®...



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