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Pinch A Penny CEO John Thomas talks about what drives America's largest franchised retail pool supply and service company in the CCR March/April 2017 issue.

2017 Women's Retreat Date and 2016 HiLites

Today in the news

Fuddruckers parent debuts a new restaurant format
posted on Apr 26 17

Luby’s has unveiled a new Fuddruckers format in the Houston market that it’s calling the future of the brand. The 147-seat eatery includes three self-ordering stations and an open kitchen facing a bar with counter seating. Read the Nation’s Restaurant News story here

Posted by: Mike Pallerino
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Subway trimmed store count in 2016
posted on Apr 26 17

Subway closed 359 restaurants last year, dropping its store count by 1.3%, but with 26,744 restaurants it’s still the US restaurant chain with the most units. The sandwich chain is working to revive sales amid growing competition, with the addition of delivery services and a shift to antibiotic-free chicken and cage-free eggs. Read The Dallas Morning News story here

Posted by: Mike Pallerino
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Bebe to close its remaining stores in May
posted on Apr 26 17

Fashion retailer Bebe Stores will shutter all 168 of its remaining stores by the end of May, the The Wall Street Journal reports. Last month, Bebe announced plans to close 21 underperforming stores and said it had hired B. Riley & Co. to explore options for the business.

Posted by: Mike Pallerino
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Red Roof Inn growth going global
posted on Apr 25 17

Having nearly doubled its franchises and boosted brands by 40% since reorganizing three years ago, Red Roof Inns has expansion plans centered on the western U.S., Asia and Brazil. Renovations have been under way throughout the chain since 2011. Read the HotelNewsNow.com story here

Posted by: Mike Pallerino
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IKEA eyes standalone restaurant plans
posted on Apr 25 17

Swedish furniture giant IKEA is putting a bigger emphasis on food and is considering plans to start opening standalone eateries. About 30% of IKEA shoppers stop in just to dine, and the chain sells more than a billion of its signature meatballs annually. Read the CNBC story here

Posted by: Mike Pallerino
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