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Friday, December 8, 2023

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Loyalty programs are a way to give recurring customers a reward for frequency, but industry experts believe they should go beyond discounts. During the Restaurant Finance & Development Conference on November 14, Kevin O’Connell, managing director of strategy and transactions at the firm Grant Thornton made that point to attendees. He was joined for a …

Government action at the state and federal level supported by labor unions has made the past several months an urgent time for restaurant industry associations. Those regulatory battles from the past year and those still to come were detailed to attendees at the Restaurant Finance & Development Conference by leadership from two groups. Moderated by …

David Raymond appreciates the benefits of being a semi-absent franchisee. David Raymond has completely committed himself to franchising. Raymond is the chief operating officer of Premium Service Brands and has recently become a dual-brand franchisee with the possession of Rubbish Works Junk Removal and ProLift Garage Door organizations. Although they are both franchises of Premium …

Oklahoma City, OK, November 02, 2023 --(PR.com)-- Wed Society®, the premier wedding media franchise dedicated to promoting local wedding vendors, adds accomplished industry veteran David Lewis to its executive team. Lewis will serve as chief growth officer. “David brings a world-class talent level to our franchise network and corporate support staff. He has unique insights as …

​ An employee puts gold bullions into a safe deposit box at Degussa shop in SingaporeEdgar Su | ReutersGold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued central bank buying should see demand remain resilient next year, according to the World Gold Council.The yellow metal …

​ Robinhood logo displayed on a phone screen and representation of cryptocurrencies are seen in this illustration photo taken in Krakow, Poland on January 29, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images)Nurphoto | Nurphoto | Getty ImagesOnline brokerage giant Robinhood on Thursday said it's launching a cryptocurrency trading feature in the European Union, pushing further …

​ Check out the companies making headlines in premarket trading. Sprinklr — The software company plummeted nearly 28% after its fiscal 2025 sales guidance disappointed investors. BTIG downgraded the stock to neutral following the results over concerns on topline growth. Take-Two Interactive — Shares of the video game company slipped roughly 2% after a downgrade to …

​ Check out the companies making headlines in midday trading. Advanced Micro Devices — The chipmaker's stock popped nearly 10%, a day after the company unveiled its new artificial intelligence chips poised to challenge Nvidia's dominance. Nvidia shares added 2.4%. Meta Platforms and Microsoft have already said they would buy AMD's chip as an alternative. Alphabet …

​ Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It's one of three industry developments that impact Wells and our other bank name, Morgan Stanley (MS). Wells Fargo said this week that more layoffs are on the horizon for 2024, as the bank doubles down on efficiency …