Search results
Results from the WOW.Com Content Network
Microfranchising is a business model that applies elements and concepts of traditional franchising to small businesses in the developing world. It refers to the systemization and replication of micro-enterprises. Microfranchising is broadly defined as small businesses that can easily be replicated by following proven marketing and operational ...
Franchising may be for a determined or undetermined period of time. The undetermined one can only be annulled either by a notice before a reasonable amount of time or by a just cause. The franchising agreement with a determined time period ends within the end of the time period if not specified otherwise in the agreement.
Checkers is a supermarket retailer owned by Shoprite that operates in Southern Africa. By 2024, Checkers had 293 Checkers and 38 Checkers Hyper operating in Botswana , South Africa , and Namibia . The supermarket chain focuses more strongly on fresh produce and offers a wider range of choice food items to a more affluent clientele.
The International Franchise Association (IFA) is a trade group focused on government and public relations efforts for the franchise industry. [1] [2] The association publishes data on franchise activity through a partnership with the U.S. Census Bureau [3] and has litigated on behalf of its members in cases that have reached the U.S. Supreme Court.
Shoprite Holdings Ltd (Shoprite) is Africa’s largest supermarket retailer. The company's headquarters are in Brackenfell in the Western Cape province of South Africa. Shoprite is a public company listed on the Johannesburg Stock Exchange and A2X Markets in South Africa, with secondary listings on both the Namibian and Lusaka stock exchanges ...
Social franchising is the application of the principles of commercial franchising to promote social benefit rather than private profit. In the first sense, it refers to a contractual relationship wherein an independent coordinating organization (usually a non-governmental organization, but occasionally a governmental body or private company [2]) offers individual independent operators the ...
Chicken Licken was founded in South Africa by George Sombonos, the son of a Greek immigrant restaurant owner. [6] [9] [10] Sombonos learned the restaurant trade in the 1970s at the Dairy Den, his father's restaurant in Ridgeway, a suburb in the southern Inner City region of Johannesburg. [11] [12] KFC entered the South African market in 1971. [13]
In March 2020, TFG announced that, during the on-going COVID-19 pandemic, the company would cease to pay rents for its retail locations during the resultant lockdowns in South Africa. [ 3 ] [ 8 ] During the course of 2020, TFG acquired the chain of Jet stores from an ailing Edcon , further expanding their footprint as a retail conglomerate.