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ShiftPixy's Stock Soars After Inking Deal With 11 Del Taco Restaurants
Tuesday, May 19, 2020 - 1:20pm | 396ShiftPixy Inc (NASDAQ: PIXY), a provider of mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, announced Tuesday a deal with Diamondback DTNM, an operator of 11 Del Taco Restaurants Inc (NASDAQ: TACO). ShiftPixy has a market cap just...
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Investor Beware: Despite The Myths, Franchises Can Fail
Thursday, March 20, 2014 - 11:51am | 743The recent Chapter 11 filings of two national restaurant chains, Sbarro and Quiznos, are drawing new focus on the opportunities and challenges faced by franchises. U.S. Census Bureau data from 2007 showed franchise businesses employed over 58 million U.S. residents, while bringing in revenues,...
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McDonald's Needs Its Franchisees: This Rift Could Be Dangerous! (MCD)
Tuesday, August 6, 2013 - 12:53pm | 321A rift is developing between McDonald’s (NYSE: MCD) and its franchisees, Bloomberg reported. Operating more than 80 percent of the restaurants, Bloomberg says the disagreement has been going on for at least several months as franchisees are upset with the amounts they have to pay corporate....