September 05, 2010
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Your Retail Franchise Personnel News SourceFranchise News Watch brings you the latest in retail franchising personnel 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 Personnel NewsCartridge World Names Bill Edmiston Chief Development OfficerCartridge World, the world's fastest growing ink and toner remanufacturing retailer and franchisor, announces the appointment of Bill Edmiston as Chief Development Officer. FASTSIGNS Announces New Senior VP of Franchise DevelopmentFASTSIGNS International, Inc.,sign and graphics centers, has appointed Mark Jameson as senior vice president of franchise development and promoted Brian Wieters to the role of assistant vice president of franchise development. With these appointments...
easyhome Ltd. Announces New Chief Financial Officereasyhome Ltd. (TSX:EH), Canada's leading merchandise leasing company, today announced Chris Fregren, easyhome's current Senior Vice-President and Chief Financial Officer, is leaving the business effective August 16, 2009. Chris was a key player in some... NexCen Brands Promotes David McDougall to Senior Vice President of QSR OperationsNexCen Brands, Inc. (PINK SHEETS: NEXC) today announced the promotion of David McDougall to Senior Vice President of QSR Operations for NexCen Franchise Management, Inc., the franchising subsidiary of NexCen Brands, Inc. Yakety Yak Wireless Adds Rob Payne to Executive Team As VP of SalesYakety Yak Wireless, offering a nimble, market-ready model for exclusive and multi-carrier franchise opportunities, today announced that Rob Payne has joined the company as vice president of sales. Snap-on Elects Nicholas T. Pinchuk ChairmanSnap-on Incorporated (NYSE:SNA), a leading global innovator, manufacturer and marketer of tools, diagnostics and equipment solutions for professional users today announced that Nicholas T. Pinchuk, currently president and chief executive... Caribou Coffee Announces New Sr. Vice President of Commercial BusinessesCaribou Coffee Company, Inc. (NASDAQ:CBOU) today announced the addition of Henry J. "Hank" Suerth as Senior Vice President of Commercial Businesses. The creation of this role and hiring of Mr. Suerth support one of the company's stated strategic areas... New Staff Members Join the Team at Wild Birds Unlimited.The Franchise Support Center (FSC) for Wild Birds Unlimited is proud to have new team members, Mike Gillie and Christy Recio, join the staff. Wild Birds Unlimited, a retail franchise, is headquartered in the greater Indianapolis area. Verlo Mattress Factory Stores LLC Home Office team is pleased to welcome new Director of Sales and Retail Development Sean Bergman.Bergman has already demonstrated his dedication to Verlo Mattress Factory Stores by leaving his previous home in sunny California and moving to chilly Wisconsin in February. In his new role, Bergman is responsible in assisting with the development...
Diedrich Coffee Hires New Vice President of Franchise OperationsDiedrich Coffee, Inc. (Nasdaq: DDRX) today announced that Anthony A. Barr has joined the company as Vice President of its Gloria Jean's Franchise Operations. Mr. Barr has extensive experience in all facets of franchise operations. Mr. Barr will be... Blockbuster Further Strengthens Commitment to Multi-Channel Entertainment DeliveryBlockbuster Inc. (NYSE: BBI, BBI.B), a leading global provider of media entertainment, today cemented its commitment to multi-channel delivery of entertainment by hiring former Philips executive Kevin Lewis as Senior Vice President, Digital Entertainment. FASTSIGNS(R) Names Catherine Monson CEOFASTSIGNS International, Inc., the franchisor and operator of FASTSIGNS(R) sign and graphics centers worldwide, announced today that Catherine Monson will assume the position of CEO beginning January 2, 2009. NexCen Brands Announces Marvin Traub Resigns from Board of DirectorsNexCen Brands, Inc. (NASDAQ: NEXC), today announced that Marvin Traub has resigned from its Board of Directors, effective December 4, 2008. Mr. Traub was elected director of NexCen Brands, Inc. on May 2, 2007. NexCen Brands Appoints Chief Financial OfficerNexCen Brands, Inc. (NASDAQ: NEXC) today announced the appointment of a new Chief Financial Officer as well as several other key executive management promotions and appointments. These management changes, which primarily backfill open positions, will... Caribou Coffee Announces Executive ChangesCaribou Coffee Company, Inc. (Nasdaq: CBOU) today announced several changes to their executive leadership team. The changes come following the recent announcement of the company's strategic areas of focus which include improving the profitability of... U. S. Lawns Announces A New Member Of The Team!Please join us in congratulating Jerry Brown as he steps into the new role of Manager of Franchise Support. Jerry will be fully dedicated to coordinating the efforts of our current team of professionals involved in the training, facilitation, and... Batteries Plus Hires Marketing Expert to Extend Impressive Franchise GrowthBatteries Plus, the nation's largest chain focused on the $24 billion battery category serving both retail and commercial customers, has announced the addition of John Twist as Vice President, Franchise and Business Development. Gamer Doc(TM) Video Games Expands Franchise Development TeamGamer Doc(TM), the retail video game store that delivers a new and interactive customer experience, today announced that Darren Monahan has been tapped to fill the newly-created director of franchise development position. He reports to David Walker... Caribou Coffee New Management IntroductionCaribou Coffee Company, Inc. (Nasdaq:CBOU), the second largest company-owned gourmet coffeehouse operator in terms of coffeehouses, today announced that Michael J. Tattersfield, the Company's newly appointed President and Chief Executive Officer... NexCen Brands Announces Jack Dunn Resigns from Board of DirectorsNexCen Brands, Inc. (NASDAQ: NEXC), today announced that Jack B. Dunn IV has resigned from its Board of Directors, effective September 25, 2008.
DirectBuy of Columbia Hires Expert Kitchen Designer Tim WatkowskiDirectBuy of Columbia, MD is already the place to go when you want to remodel your kitchen or bathroom, but with the addition of expert kitchen designer Tim Watkowski, they raised their profile even higher. Caribou Coffee Appoints New CFOCaribou Coffee Company, Inc. (Nasdaq: CBOU), the second largest company-owned gourmet coffeehouse operator based in the United States, announced today that Timothy J. (Tim) Hennessy has been named Chief Financial Officer. Cartridge World Appoints Tom Fricke as Chief Executive OfficerCartridge World, the world's fastest growing ink and toner refilling retailer and franchisor in the $80 billion printer cartridge industry, announces the appointment of Tom Fricke as Chief Executive Officer. Gamer Doc(TM) Video Games Adds Brian Seligman to Area Developer TeamGamer Doc(TM), the retail video game store that delivers a new and interactive customer experience, today announced that Brian Seligman has joined the company as the Area Developer for Northern Virginia and Atlanta. Interstate All Battery Center Poised for Growth, Hires Operations VeteranInterstate Batteries Franchise and Development, the franchisor of Interstate All Battery Center (IABC), announces it has hired retail veteran Jim Eades as Director of Franchise Operations as the company continues its rapid growth phase. Gap Inc. Names Tom Wyatt President Of Old NavyGap Inc. announced today that Tom Wyatt has been named president of its Old Navy division, effective immediately. RadioShack Corporation Names Phyllis Proffer Vice President - Investor RelationsRadioShack Corporation today announced that Phyllis Proffer has been named Vice President – Investor Relations. Jo To Go America, Inc. Hires New Graphic DesignerJo To Go America, Inc. has announced the addition of a new graphic designer, Matthew Barancyk, to the company's marketing team. Aaron Rents, Inc. Names Steven A. Michaels Vice President, Finance, Aaron's Sales & Lease Ownership DivisionAaron Rents, Inc., 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 the appointment of Steven A. Michaels... William K. Butler, Jr. Named Chief Operating Officer of Aaron Rents, Inc.The Board of Directors of Aaron Rents, Inc., 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, has elected... Caribou Coffee Appoints New President and CEOCaribou Coffee Company, Inc. (NASDAQ:CBOU), the second largest U.S.-based company-owned gourmet coffeehouse operator based on the number of coffeehouses, announced today that Michael Tattersfield has been named President and Chief Executive Officer. Howdy, Partner...Klinger Manages, Becomes Partner in DirectBuy of BuffaloAs a former CPA for one of Buffalo's larger public accounting firms, Mark Klinger advised his clients based on the numbers. After serving as DirectBuy of Buffalo's general manager for the last several months, he followed a little of his own advice, as... Pump It Up Expands Management Team Following Merger with BounceUPump It Up, the nation's largest franchise of interactive, indoor inflatable playgrounds for private parties, announced today that it has added two highly experienced franchising executives to its management team, including a Vice President of... H3 Enterprises, Inc. Announces New Management TeamH3 Enterprises, Inc. (PINKSHEETS: HTRE) ("H3" or the "Company") announces the revamping of its management team to focus on building strong internal controls to help manage the Company's expansion efforts. PRO GOLF OF AMERICA Elects Stephen T. Porter Vice ChairmanJames M. Jabara, Chairman and CEO of Golf Acquisitions, LLC, owner of PRO GOLF OF AMERICA (PRO GOLF), a Michigan LLC, announced that, effective immediately, Stephen T. Porter is elected Vice Chairman of the Board of Directors. Blockbuster Recruits Seasoned Entertainment Executive Jeffrey Calman to Head New Media Content & Studio RelationsBlockbuster Inc. (NYSE: BBI, BBI.B) announced it has appointed Jeffrey Calman to the newly created position of Vice President Studio Relations and New Media. 1-800-PACK-RAT Expands Senior Management Team1-800-Pack-Rat, LLC, announces the addition of three executives to oversee critical areas of the fast-growing portable storage and moving company. Smooth Transition of Ownership at MEDIchair AbbotsfordIt is not every day that get one gets to work at increasingly more senior positions until one day you own the company. Blockbuster Inc. Names Rebeca Johnson Chief Marketing OfficerBlockbuster Inc. (NYSE: BBI, BBI.B) announced the appointment of Rebeca "Becky" Johnson as Chief Marketing Officer. Build-A-Bear Workshop, Inc. Names Eric Fencl General CounselBuild-A-Bear Workshop, Inc. (NYSE: BBW), an interactive entertainment retailer of customized stuffed animals, today announced that it has appointed Eric Fencl as general counsel, effective immediately. Sweet Factory Hires Industry Veteran Brett Larrabee as Director of Franchise Sales and DevelopmentCalifornia based-Sweet Factory, announced today that industry veteran Brett Larrabee has joined Sweet Factory as director of Franchise Sales and Development. Diedrich Coffee Hires New Vice President of SalesDiedrich Coffee, Inc. (Nasdaq: DDRX) today announced that James L. Harris has joined the company as Vice President of Sales. Advantage Rent A Car Names Vice President SalesAdvantage Rent A Car, the first major U.S. rental car company to commit to going 100 percent green with its fleet of rental cars, recently announced the appointment of Robert Thunell as the Vice President of Sales. H3 Enterprises, Inc. Announces New Chief Technology OfficerH3 Enterprises, Inc. (PINKSHEETS: HTRE), the world's first publicly traded hip-hop company, has hired Jordan Edelson as Chief Technology Officer and Digital Entertainment Director to spearhead H3's video gaming and web property development. Teresa Rector Joins FASTSIGNS International, Inc. as Director of TrainingFASTSIGNS International, Inc., a sign and graphics franchisor with over 530 locations worldwide, hired Teresa Rector as the Director of Training. Aaron Rents, Inc. Promotes Robert C. Loudermilk, Jr. to Chief Executive Officer; R. Charles Loudermilk, Sr. to Remain as ChairmanThe Board of Directors of Aaron 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... |
Features & Special ReportsFranchising 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. Rolling with the Punches: Franchisors Continue Adapting to ChangeThe rules and methods for franchise sales are changing daily with the general public's increasing awareness of the economy, deficits, lending, the housing market, and more. As some of us "graybeards" can remember, this isn't the first time the rules have changed--and it won't be the last. Change on the HorizonJust like any business, the franchising business is one that I have seen evolve tremendously over the past 30 years. While many of the cornerstones and crucial elements - product, simplicity, control, and support - remain the same, so much is changing. Hiring Entrepreneurs: A Case Study of Hiring the Spirit of SuccessAs we continue to mine Dave Melton's book, <i>Hire the American Dream,</i> I thought it would be interesting to highlight a case study that demonstrates just how successful smart hiring can be. Here Melton describes his experience hiring an immigrant.
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