September 09, 2010
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Your Retail Franchise Mergers & Acquisition News SourceFranchise News Watch brings you the latest in retail franchising mergers & acquisition news from around the web. As a news aggregator for the retail franchise industry, Franchise News Watch streams the latest ground breaking franchise articles, features, guides, blogs, news and more directly to your desktop.  Retail Franchise Mergers & Acquisition NewsNexCen Brands Acquires Bill Blass Couture BusinessNexCen Brands, Inc. (NASDAQ: NEXC), today announced that through its wholly-owned subsidiary NexCen Fixed Asset Company, LLC, it has completed a purchase agreement with... Pump It Up Merges with BounceU: Former Competitors Become Single Largest Franchise Brand in Birthday Party SegmentPump It Up, the nation's largest franchise of interactive, indoor inflatable playgrounds for private parties, announced today that it has merged with Phoenix-based BounceU, its only direct national competitor. Blockbuster Withdraws Proposal to Acquire Circuit CityBlockbuster Inc. (NYSE: BBI)(NYSE: BBI.B) announced today that it has decided to withdraw its proposal to acquire Circuit City. Blockbuster Comments on the Due Diligence Agreement Reached With Circuit CityBlockbuster Inc. (NYSE: BBI) issued the following statement today in response to the announcement by Circuit City Stores, Inc. (NYSE: CC) that it has agreed to allow Blockbuster to conduct due diligence in preparation for a possible bid for the company. Blockbuster Proposes Combination With Circuit CityBlockbuster Inc. (NYSE: BBI) today announced that it has offered to acquire Circuit City Stores, Inc. (NYSE: CC) for at least $6.00 per share in cash, subject to due diligence. Card Connection Becomes Part of UK Greetings LtdLeading greeting card publisher and franchisor, Card Connection, has announced it has become part of UK Greetings Limited as of 26 March 2008. Regis Completes Acquisition of PureBeauty and BeautyFirstRegis Corporation (NYSE:RGS), the global leader in the $170 billion hair care industry, today announced it has completed the acquisition of the PureBeauty and BeautyFirst salon operations. Regis Completes Merger of European Franchise Salon OperationsRegis Corporation (NYSE:RGS), the global leader in the $170 billion hair care industry, today announced the completion of the merger of its continental European franchise salon operations with the Franck Provost Salon Group. NexCen Brands Acquires The Great American Cookie Company® From Mrs. Fields Famous BrandsNexCen Brands, Inc. (Nasdaq: NEXC) ("NexCen") announced today that it has acquired the Great American Cookie Company ("Great American Cookies") from Mrs. Fields Famous Brands, LLC ("Mrs. Fields"). Regis to Acquire PureBeauty and BeautyFirstRegis Corporation (NYSE:RGS), the global leader in the $170 billion hair care industry, announced today that it has entered into an agreement to acquire the PureBeauty and BeautyFirst salon operations. NexCen Brands, Inc. and the Camuto Group Announce the Acquisition of The Shoe Box, Inc. Trademarks and a Partnership Plan to Franchise Stores WorldwidNexCen Brands, Inc. ("NexCen") (NASDAQ: NEXC) announced today that it has closed on the acquisition of the trademarks and other intellectual property of The Shoe Box, Inc. in partnership with the Camuto Group. Roark Capital Group Acquires Batteries PlusRoark Capital Group, an Atlanta-based private equity firm, announced today the acquisition of Batteries Plus. Headquartered in Hartland, Wis., Batteries Plus is the leading dedicated retailer of batteries and battery accessories. Aaron Rents, Inc. Acquires Prime Time Rentals StoresAaron Rents, Inc. (NYSE: RNT), the nation's leader in the sales and lease ownership, specialty retailing and rental of residential and office furniture, consumer electronics and home appliances and accessories, today announced that it has acquired all... Suburban Propane Partners, L.P. to Sell Tirzah Storage Facility to Plains LPG ServicesSuburban Propane Partners, L.P. (the "Partnership") (NYSE: SPH), a nationwide marketer of propane gas, fuel oil and related products and services, announced today that its operating subsidiary, Suburban Propane, L.P. (the "Operating Partnership"), has... A Marriage of ConvenienceIn its largest acquisition in 20 years, 7-Eleven, Inc. has announced the purchase of White Hen Pantry, Inc., a Lombard, Ill.-based convenience store chain. |
Features & Special ReportsFamily Friendly: A case study on family-run franchisingFamily-run franchise operations can offer a blessing, or a curse. An example of the blessing would be the close relationships and high degree of trust that exists in many families. In this case, success generally follows. But an example of the curse of family-run franchises could be the inability to separate business from family. That could be a serious problem after 5:00 and on weekends. Still, many families find the attraction of working together a strong pull and the results can be quite productive. Families like Ed Doherty's are a perfect example.< Mentor-Motivated: Two Key Individuals have Inspired Jerry HeathTwo people have figured prominently in Jerry Heath's career. The first is his father, who helped bankroll him when he started out in franchising. The second is Steve Jackson, the president of Hungry Howie's Pizza, who began mentoring Heath at an impressionable age (12). Stop the Bleeding: What Franchisors can do to Help Struggling FranchiseesTwo years of tight credit and reduced consumer spending not only have left many franchisees reeling, they've also put a serious crimp in their franchisors' royalty streams. We asked workout professionals and bankruptcy attorneys experienced in franchising what franchisors can do to help turn around their distressed franchisees--without spending precious funds or getting themselves into legal hot water. Franchising With Family Members Can Be Fraught With Danger Or Filled With SuccessIt can be difficult enough to get a franchise up and running on your own, or with other operational and investing partners, but it can be downright arduous if family members are involved in the deal. But that's the route some franchisees take and when done properly this management model can provide years of personal and professional harmony. But there are some secrets to making it work. Go in unprepared and you could break up a business and a family. The Winner's ColumnAs savvy franchise companies continue to flourish in this challenging economy, FUSR will continue to bring you good news each month, highlighting brands that are adding units, increasing comp store sales, striking deals with investors, and continuing to grow despite the economy - maybe even because of it. And, as the U.S. struggles through its "jobless recovery," growth-oriented franchisors continue to look overseas for expansion opportunities. Sales Intelligence for Superior Performance, Part 2Aggressive growth companies measure the performance of their sales personnel just as they do their advertising. With high recruitment expenses you can't afford mediocre selling performance, which costs dearly in lost franchise deals. A policyholder survey by Prudential Insurance revealed that the greatest influencing factor in the buying process is the sales person. Turning Around Struggling FranchiseesTwo years of tight credit and reduced consumer spending have left many franchisees reeling and put a serious crimp in franchisors' royalty streams. Workout professionals and bankruptcy attorneys experienced in franchising discuss what franchisors can do to help turn around distressed units - without spending scarce funds or getting themselves into legal hot water. New Gift Card Regulations Kicked in August 22ndLast year when President Obama signed the Credit Card Act of 2009 (the Act") into law, the nation's attention largely focused on those provisions of the law that aim to change the way credit card companies do business with consumers. However, since the Act imposes requirements on gift card issuers, it also changed the way many retailers and franchise companies will do business with consumers. Strong Cultures Sell More Franchises!Every franchise organization has a culture, the same way every person has a personality. If your franchise brand is serious about growth and development, ask yourself these two questions: 1) Does our franchise system have a strong, positive culture?; and 2) Is it a culture that promotes selling franchises? Special Operations: Franchising in a Strange LandOpening franchise units in nontraditional locations has been the domain of specialists--but not anymore. With the economy still slumping, lending still tight, and suburban expansion at a standstill, many multi-unit franchisees are exploring the viability of sites such as airports, hotels, colleges, senior centers, highway rest stops, hospitals, and military bases.
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