Credit crunch, make it harder for businesses to change hands

Skittish investors and a rapidly declining economy have stymied the once brisk buying and selling of small businesses in the region. The small entrepreneur has been squeezed by Wall Street’s financial crisis, making it difficult for business owners to retire or simply swap businesses. Business owners have found their companies are worth less because of…

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Free McCafé Beverages at Select McDonald’s in Maine and NH

Jan. 16, 23, 31 and Feb. 7, from 7AM to 7PM, a small hot McCafé or Newman’s Own Organics Coffee is on the house for McDonald’s customers. Participating McDonald’s restaurants throughout Maine and eastern New Hampshire will be offering customers the opportunity to try a free small hot McCafé beverage on Jan. 16, 23, and…

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Retail sales drop expected to last through June

Retail sales will drop even further through June but will improve by year’s end as consumers release pent-up shopping demand, the chief economist for the International Council of Shopping Centers said Thursday. Sales will be down 1.8% in 2009 overall, including a 5% drop in the January-June period from a year earlier and a 2.7%…

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At McDonald’s, the Happiest Meal Is Hot Profits

As of November, the latest data available, the company had delivered 55 consecutive months of increases in global same-store sales. During a year when the stock market lost a third of its value – its worst performance since the Great Depression – shares of McDonald’s gained nearly 6 percent, making the company one of only…

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Consumers Skip Starbucks for Plain Ol’ Joe

Survey: Americans Are Cutting Back on Fancy Coffee Because of the Economy Emily Bryson York reports in AdAge that americans appear to be cutting back on their Starbucks. After reporters in several different cities noticed much shorter lines at their coffee outlets, Ad Age decided to commission Lightspeed Research to find out whether either New…

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Starbucks may cut 1,000 more jobs: report

LOS ANGELES (Reuters) – Coffee chain Starbucks Corp could cut another 1,000 jobs in the coming weeks, according to a report in the Seattle Times on Saturday. The latest cuts could include employees at its Seattle headquarters, district managers and field employees but not the so-called baristas, who serve customers, said the report, which cited…

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DDIFO in 2009 and Beyond

Loss Prevention It is important that Dunkin Brands collects 100% of the royalty income due them. Strong royalty growth and fulfillment is important to every successful franchise system. With that said, the use of antagonizing techniques to create fear, and intimidation, by Dunkin Brands Loss Prevention department needs to stop, especially as these methods have…

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DDIFO Accomplishments in 2008

1. Rhode Island Fair Dealership Act One of the more important DDIFO accomplishments in 2008 was to defeat the challenge by Dunkin Brands and the IFA to rescind the Rhode Island Fair Dealership Act. The Rhode Island Fair Dealership Act, initially passed into law in June 2007, protects franchisees from unfair practices by franchisors. Prior…

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Domino’s Doesn’t Back Down in Sandwich Skirmish

CEO Tosses Subway Cease-and-Desist Letter in Pizza Oven in Ad on ‘American Idol’ CHICAGO (AdAge.com) — The desire to burn harshly worded letters is nothing new, but Domino’s decided to do it on national TV on Wednesday in prime time during Fox’s “American Idol.” The pizza chain, which is fighting to gain a foothold in…

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In Lean Times, McDonald’s Only Gets Fatter

Sean Gregory writes at Time.com:  Let’s face it — there are lots of reasons to hate McDonald’s: calories, cholesterol and, competition, for me at least, that queasy feeling after munching on McNuggets. Then there’s always that kid at the drive-through who forgets the ketchup. Well, add one more reason to spite Ronald: as the global…

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