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FRANCHISEE CLOSURES
Jubilant FoodWorks to exit Dunkin' India franchise dealJFL had introduced the first Dunkin' store in India in April 2012, a year after it signed the franchisee deal. After opening over 70 Dunkin...- US bankruptcies surge in 2026: Eddie Bauer, Saks Global, Fat Brands, Francesca and more are struggling - is corporate collapse coming?US company bankruptcies 2026: Large US companies are facing a tough start to 2026, with nine major businesses filing for bankruptcy last we...
- Dairy Queen rival M&M Custard LLC declares bankruptcy: Will Freddy’s Frozen Custard close — Major locations that could be affectedThe fast-casual and frozen dessert industry in the United States is facing fresh turbulence as M&M Custard LLC, one of the largest franchis...
- M&M Custard LLC, franchisee of Freddy's Frozen Custard & Steakburgers, files for bankruptcy as multiple frozen dessert chains face closures due to several challenges, what are the major factors leading to franchisees' shutdown? All you need to knowSeveral major frozen dessert chains are facing closures in 2025 due to various issues. M&M Custard LLC, a significant franchisee for Freddy...
- Wendy’s to shut down hundreds of restaurants across US as part of aggressive turnaround plans; CEO reveals plan as restaurant chain sees another quarter with declining sales; here’s what he saidFast food chain Wendy's will close hundreds of its US restaurants. This move is part of a turnaround plan to address poor performance. The ...
- Wendy's announces sweeping closures of hundreds of restaurants across US starting in late 2025. What is the reason behind major shake-up?Wendy's plans to close hundreds of underperforming U.S. locations by 2026 as part of a turnaround strategy. This move aims to strengthen th...
- HDFC Securities to shut franchisee business"We want to clarify that our decision to pause partnerships was a strategic move made earlier this year," said a HDFC Securities' spokesper...
- NCLAT rejects plea to initiate insolvency proceedings against Aditya Birla FashionHowever, the NCLAT also said, "We do not agree with the finding of the Adjudicating Authority that the Section 9 application was time-barre...
- McDonald's says Russia store closures to cost $50 mln per monthA cascade of major American brands, including Starbucks Corp , PepsiCo Inc and Coca-Cola Co, followed McDonald's on Tuesday in saying they ...
- McDonald's to temporarily close 850 stores in RussiaThe burger giant said it will continue paying its 62,000 employees in Russia “who have poured their heart and soul into our McDonald's bran...
- Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdownsAmid last year’s nationwide lockdown and this year’s local lockdowns, retailers and restaurants have taken a massive hit, facing closure of...
- Samsonite may pack up bags at 100 storesLuggage giant Samsonite is closing about a quarter of its India stores or more than 100 outlets as the company is severely stung by the imp...
- Terrorists cripple Kashmir's BSNL network with another strikeAlready, Airtel, Vodafone, and Aircel have curtailed their services following Lashkar-e-Islam's threats and attacks on towers.
- Adidas gets a new MD, Reebok India a New LifeReebok India is bracing for revival under a new leader and perhaps investing in retail operations after being stung by a 870-crore fraud la...
- Reebok offers 30-50 per cent discounts ahead of switchover to new business modelReebok is offering deep discounts in a spat over the company's new business model that franchisees say may make business unviable.
- Adidas may shut 200 India stores in addition to the Reebok outletsThe option of shuttering the stores was discussed in US, in March, a few days before then India chief executive Subhinder Singh Prem was sa...
- Aditya Birla Financial Services Group enters retail brokingAditya Birla Nuvo, a part of the Aditya Birla Group, announced the closure of the deal with Chennai-based Apollo Sindhoori Capital Investme...
- Global brands face rough weatherUS giant VF may close some Nautica stores while Landmark is reviewing Spanish brand Springfield’s operations, leading to a few potential cl...
- Reliance Retail eyes franchisee route to ramp up businessFaced with skyrocketing realty costs and delays in retail space acquisition, the company has decided to co-opt existing small retailers in ...
- Essar reopens 350 shut petrol pumpsEssar Oil Ltd, India's second largest fuel retailer, has reopened about 350 petrol pumps it was forced to shut down due to heavy losses.
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