U.S. Citizen Arrested in Connection With Costa Rica-Based Business Opportunity Fraud Ventures

WASHINGTON, Dec 10, 2008 /PRNewswire-USNewswire via COMTEX/ — Operation Had Connections to Miami A U.S. citizen charged in connection with the operation of a series of fraudulent business opportunities was arrested yesterday in Costa Rica following his indictment by a Miami federal grand jury on Nov. 20, 2008, the Justice Department and the U.S. Postal [...]

SALAD WORKS FRANCHISE SHATTERS SALES RECORDS DURING OPENING WEEK WITH “TURBO-CHARGED” STORE MODEL

CONSHOHOCKEN, Pa., Dec. 18 /PRNewswire/ — At the Saladworks location in suburban Bear, Delaware, a ray of hope emerged this month amid the dark clouds of the nation’s economic downturn. University of Delaware graduate Josh Burton opened his second Saladworks franchise three weeks ago on Black Friday with concern about a global recession. The results [...]

Shaking Franchise Stores of Home Appliance Makers

The franchise stores of Korea’s home appliance makers like Samsung Electronics and LG Electronics are under the threat of mystery shoppers. Their franchisors are running the mystery shopper system, monitoring the service at the franchise stores to improve the service quality. These stores are trying to avoid the system desperately. On December 24, industry insiders [...]

Diedrich Coffee, Inc. Reports Quarterly Net Loss

Diedrich Coffee, Inc. announced operating results for its fiscal quarter ended Sept. 17, 2008. For the quarter, the company reported a net loss of $1,783,000, or $0.33 loss per share, compared to a net loss of $270,000, or $0.05 loss per share, for the first quarter of the prior fiscal year. Results for the first [...]

MassageLux Franchise Expands

As the number of franchised massage locations grows, another company has tossed its hat into the national franchise ring. MassageLuxe announced on Dec. 29 that it will expand nationally, according to an article published on the website of Looking Fit. The company is owned by Todd Beckman, who started The St. Louis Tan Company, now [...]