You are here: Home >> English News & Features >> BUSINESS & ECONOMY

Franchisee fries

DNMUM436747 | 5/24/2019 | Author : Priyanka Golikeri | WC :722

McDonald’s, Subway, Sbarro, 7-Eleven and many others have seen their brand image getting tarnished after a tiff with their franchisee partners

Until quite recently, McDonald’s was in the news in India for all the wrong reasons. The souring of a franchise arrangement with Connaught Plaza Restaurants Pvt Ltd led to shutting down of 169 outlets in the North and the East, followed by re-opening of a few outlets after an out-of-court settlement minus key items from the menu.
The franchise issue has certainly dented the brand’s image, especially when rivals like Burger King, KFC, etc, are all fighting for the same share of the consumers’ wallet.
Like McDonald’s in India, brands like Subway and Sbarro Pizza in the US, petrol retailer Caltex in Australia and convenience store chain 7-Eleven worldwide have witnessed a fall in their brand equity owning to differences wit
Read full story



Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on BUSINESS & ECONOMY

Work your way to financial freedom
DNMUM441565 | 8/21/2019 12:00:00 AM | Author : Arun Thukral | WC :489

Wouldn’t it be nice to have a life without money worries - a life, where the money is aplenty and even major money hurdles don’t disrupt our lives? This is what financial freedom is all about. Money may not buy happiness, but it can surely buy one fr
Add To LightboxCalculate Price

How ULIP will become better with changes in new regulations
DNMUM441566 | 8/21/2019 12:00:00 AM | Author : Balwant Jain | WC :1038

The Insurance Regulator Irda (Insurance Regulatory and Development Authority) has notified fresh rules for governing Linked Life insurance products on July 8, 2019. In this article, I will discuss the major beneficial changes proposed in the new regu
Add To LightboxCalculate Price

Why investing in markets without knowledge can lead to losses
DNMUM441567 | 8/21/2019 12:00:00 AM | Author : Amar Pandit | WC :718

Lured by the stock market and several success stories, many of us want to dive right in and invest in the most lucrative stock. In our haste, we miss out on a few important factors. We do not realise the importance of understanding our financial need
Add To LightboxCalculate Price

These short-term investments can fetch you better returns
DNMUM441568 | 8/21/2019 12:00:00 AM | Author : Abeer Ray | WC :809

Almost everyone wants to become rich. However, cynics claim that it takes years of prolonged savings and shrewd investment strategies to create wealth. The need for an adequate amount of cash in the near future may necessitate you to invest in fin

Add To LightboxCalculate Price