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White Plains, N.Y., and Sunny Isles Beach, Fla. — Mavis Tire Express Services Corp. and Icahn Enterprises LP have entered into a definitive agreement under which a subsidiary of Mavis will acquire Pep Boys from Icahn Automotive Group LLC for approximately $700 million in cash.
IEP will retain the owned real estate previou...
Boston — Gong cha, the world’s leading bubble tea brand with nearly 2,200 locations across 33 international markets, has signed a 50-unit exclusive area development agreement in Texas with seasoned franchise operator Bakers Acres & Cattle Company (BACC). The agreement marks the largest direct franchising deal in Gong cha history and further exp...
Boise, Idaho — Albertsons® Companies, Inc. has announced that Sharon McCollam, the company’s president and chief financial officer, plans to retire later this year. McCollam will remain in her role until a successor is named. Thereafter, McCollam will remain with the company in an advisory capacity until the end of the fiscal year, Feb. 27, 2027, t...
San Diego — Wienerschnitzel, the world’s largest hot dog franchise, is bolstering its non-traditional development with the opening of its fir...
— By Tara Buchler —
Why strategy — not software — determines whether technology investments actually deliver value.
Technology buying failures rarely happen because a team chose the “wrong” software. They happen earlier when facilities or restaurant operations enter the RFP process without the strategy, clarity or alignment required to ...