Latest news with #Franchise
Washington Post
7 days ago
- Entertainment
- Washington Post
‘Karate Kid: Legends' meets, and occasionally exceeds, expectations
'Karate Kid: Legends' steps, with a light and sprightly gait, into the timeline of the 41-year-old movie and TV franchise, opening with a brief and un-belabored prologue, courtesy of artificial intelligence. That intro calls on Mr. Miyagi, the beloved character played by the late Pat Morita, to kick a small chronological incongruity out of the way by resuscitating the actor a la the final season of the spin-off series 'Cobra Kai.'
Yahoo
24-04-2025
- Business
- Yahoo
The Joint Corp. to Host Conference Call on Thursday, May 8th to Discuss First Quarter 2025 Results
SCOTTSDALE, Ariz., April 24, 2025 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT) a national operator, manager, and franchisor of chiropractic clinics, announced it will report its first quarter 2025 financial results on Thursday, May 8, 2025, after the market close. President and CEO Sanjiv Razdan and CFO Jake Singleton will hold a conference call at 5:00 p.m. EDT that day to discuss the results. Shareholders and interested participants may listen to a live broadcast of the conference call by dialing (833) 630-0823 or (412) 317-1831 and ask to be joined into the 'The Joint' call approximately 15 minutes prior to the start time. The live webcast of the call with accompanying slide presentation can be accessed in the IR events section and available for approximately one year. An audio archive can be accessed for one week by dialing (877) 344-7529 or (412) 317-0088 and entering conference ID 9867193. About The Joint Corp. The Joint Corp. revolutionized access to chiropractic care when it introduced its retail healthcare business model in 2010. Today, it is the nation's largest franchisor of chiropractic clinics through The Joint Chiropractic network. The company is making quality care convenient and affordable, while eliminating the need for insurance, for millions of patients seeking pain relief and ongoing wellness. Headquartered in Scottsdale and with over 950 locations nationwide and more than 14 million patient visits annually, The Joint Chiropractic is a key leader in the chiropractic industry. The brand is consistently named to Franchise Times' annual "Top 400" and "Fast & Serious" list of 40 smartest growing brands. Entrepreneur named The Joint "No. 1 in Chiropractic Services," and is regularly ranked on the publication's "Franchise 500," the "Fastest-Growing Franchises," the "Best of the Best" lists, as well as its "Top Franchise for Veterans" and "Top Brands for Multi-Unit Owners." SUCCESS named the company as one of the "Top 50 Franchises" in more information, visit To learn about franchise opportunities, visit Business Structure The Joint Corp. is a franchisor of clinics and an operator of clinics in certain states. In Arkansas, California, Colorado, District of Columbia, Florida, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Tennessee, Washington, and West Virginia, The Joint Corp. and its franchisees provide management services to affiliated professional chiropractic practices. Media Contact:Margie Wojciechowski, The Joint Corp., Investor Contact:Kirsten Chapman, Alliance Advisors IR, 415-433-3777, thejointinvestor@ in to access your portfolio
Daily Mail
23-04-2025
- Business
- Daily Mail
Retail group in bankruptcy crisis ditches strongest brand to stay afloat
A major retail group will sell its strongest brand as it struggles through the bankruptcy process. The Franchise Group, which owns businesses such as Pet Supplies Plus, Badcock Home Furniture and Buddy's Home Furnishings, is set to sell its prized possession - The Vitamin Shoppe. The franchise filed for Chapter 11 bankruptcy protection in November last year as it faltered under $2 billion in debt. At the time of filing, Franchise said bankruptcy was necessary to protect its best performing brands. But less than six months later the company has etched out a deal to sell The Vitamin Shoppe. The group's best known brand will be sold off to private equity firms Kingswood Capital Management and Performance Investment Partners for $193.5 million. Next month the company will seek approval from a judge for its reorganization plan, which includes the sale. The Vitamin Shoppe, which sells a range of health and beauty products, has 650 stores across the country. The 50-year-old brand has remained successful despite the woes of its parent company, and announced expansion plans as recently as 2023. 'We are excited to partner with The Vitamin Shoppe team and help them build upon the success the business has enjoyed over the last forty-eight years,' Kingswood Partner Michael Niegsch and Performance Investment Partners Mark Genender said. The Vitamin Shoppe has invested in its brick-and-mortar stores in recent years, including launching its store-within-a-store concept which features wellness goods from local sellers. The company also launched a telehealth service called Whole Health Rx last May. The wellness economy was valued at $6.3 trillion in 2023, and could even reach $9 trillion by 2028, according to The Global Wellness Institute. The Franchise Group is just one of many companies which have filed for bankruptcy in recent years - including popular restaurant chains and healthcare companies. As part of Franchise's restructuring, the company called time on its American Freight furniture chain and closed all 357 of its locations. The chain, which counts Wayfair and Big Lots as rivals, sold beds, mattresses, sofas, fridges, ovens, ranges and dishwashers. Franchise Group blamed the bankruptcy on a post-pandemic sales slump as stimulus funds dried up and inflation-weary consumers cut back on spending. The business also suffered in the wake of a federal probe into its CEO Brian Kahn. Kahn was investigated for his dealings with the firm that had taken Franchise Group private in August 2023. Franchise Group claimed in its filings that the situation had scared off possible partners that might have helped with a rescue deal. Franchise Group's 'operating businesses, and primarily American Freight, continued to encounter headwinds driven by the macro-economic and other factors,' David Orlofsky, Franchise Group's chief restructuring officer, said at the time. 'Together with the allegations against Mr. Kahn, adversely impacted Franchise Group's ability to sell or otherwise monetize any of its other businesses,' he explained. Other traditional health giants have failed to compete with the rise of medical breakthroughs such as Ozempic and Wegovy. WeightWatchers has plans to file for bankruptcy in the coming months as it struggles under the weight of $1.6 billion in debt. Many of its former customers are turning to a new generation of weight-loss drugs that help them shed pounds with far less effort.
Zawya
23-03-2025
- Business
- Zawya
Emirates Franchise convenes second meeting of 2025 to advance sector development
Abu Dhabi – The Emirates Franchise held its second meeting for 2025, chaired by Her Excellency Noor Al Tamimi, Chairperson of Emirates Franchise and Board Member of the Abu Dhabi Chamber of Commerce and Industry, with representatives from other emirates in attendance. The discussion covered the Franchise's operational plan, finalising bylaws, and setting strategic priorities to enhance its impact on the national economy. Board members, along with the Executive Committee and working groups from each emirate, reviewed progress on the organisation's agenda and highlighted key outcomes from recent discussions. These included identifying challenges within the sector, proposing solutions, and offering actionable recommendations to align UAE franchising with global standards. Emphasis was placed on driving innovation, boosting competitiveness, and creating a platform for collaboration among entrepreneurs, franchisees, and stakeholders to promote sustainable growth. Her Excellency Al Tamimi reaffirmed the Franchise's commitment to empowering the sector as a catalyst for economic diversification and entrepreneurship. 'The UAE spares no effort in providing enablers to achieve its economic vision. Our organisation will play a key role in advancing the franchise sector by implementing ambitious initiatives, including a flexible business framework that supports continued growth and prosperity,' she said. She also highlighted the importance of protecting intellectual property, raising awareness of franchising rights, and expanding the presence of Emirati brands locally and globally. She also stressed the importance of embracing innovative ideas, fostering a forward-thinking and ambitious business environment, expanding partnerships, and promoting franchising as a tool to strengthen the presence and engagement of entrepreneurs, while providing them with investment opportunities and meeting their needs to help them achieve their goals. Her Excellency Noor Al Tamimi emphasized that one of the main objectives of the franchise sector in the current period is to enhance its operational structure. The goal is to position the UAE as the ideal business environment for supporting and fostering the international growth of local franchises while also attracting global franchises to the UAE's business landscape, further reinforcing its status as a leading global destination for the franchising sector.
Gulf Today
22-03-2025
- Business
- Gulf Today
Emirates Franchise sets priorities to enhance its impact on economy
The Emirates Franchise held its second meeting for 2025, chaired by Noor Al Tamimi, Chairperson of Emirates Franchise and Board Member of the Abu Dhabi Chamber of Commerce and Industry, with representatives from other emirates in attendance. The discussion covered the Franchise's operational plan, finalising bylaws, and setting strategic priorities to enhance its impact on the national economy. Board members, along with the Executive Committee and working groups from each emirate, reviewed progress on the organisation's agenda and highlighted key outcomes from recent discussions. These included identifying challenges within the sector, proposing solutions, and offering actionable recommendations to align UAE franchising with global standards. Emphasis was placed on driving innovation, boosting competitiveness, and creating a platform for collaboration among entrepreneurs, franchisees, and stakeholders to promote sustainable growth. Al Tamimi reaffirmed the Franchise's commitment to empowering the sector as a catalyst for economic diversification and entrepreneurship. 'The UAE spares no effort in providing enablers to achieve its economic vision. Our organisation will play a key role in advancing the franchise sector by implementing ambitious initiatives, including a flexible business framework that supports continued growth and prosperity,' she said. She also highlighted the importance of protecting intellectual property, raising awareness of franchising rights, and expanding the presence of Emirati brands locally and globally. She also stressed the importance of embracing innovative ideas, fostering a forward-thinking and ambitious business environment, expanding partnerships, and promoting franchising as a tool to strengthen the presence and engagement of entrepreneurs, while providing them with investment opportunities and meeting their needs to help them achieve their goals. Noor Al Tamimi emphasised that one of the main objectives of the franchise sector in the current period is to enhance its operational structure. The goal is to position the UAE as the ideal business environment for supporting and fostering the international growth of local franchises while also attracting global franchises to the UAE's business landscape, further reinforcing its status as a leading global destination for the franchising sector. Last week, the Emirates Franchise Association has been officially recognised by the World Franchise Council (WFC) as the approved Franchise Association in the UAE. This achievement strengthens its global partnerships and reinforces its role in the franchising sector. The acknowledgement follows the Franchise's participation in the WFC's annual meeting in Mérida, Mexico, which convened representatives from 25 countries to exchange expertise and review global best practices in franchising. Noor Al Tamimi said, 'This recognition by the World Franchise Council reflects our organisation's commitment to actively contributing to the development of the franchise sector locally and globally. It also highlights our efforts to raise awareness on the sector's innovative and sustainable potential while creating new opportunities for entrepreneurs and young investors in the UAE to explore promising projects.' She emphasised the Franchise's role in driving economic diversification and expanding the UAE's business ecosystem by providing tailored services, strategic guidance, and consultations for entrepreneurs, startups, and investors while supporting the growth of local brands. It also connects franchisors and franchisees, promotes best practices, and encourages innovation to strengthen the national economy. The Emirates Franchise's Board of Directors comprises representatives from all seven emirates, including Noor Al Tamimi, ADCCI's Board member and Chairperson of the Emirates Franchise; Maher Al Aleeli, Board Member of the Ajman Chamber of Commerce and Industry, and Vice President of the Emirates Franchise; Mohamed Ahmed Amin Al-Awadi, Director-General of the Sharjah Chamber of Commerce and Industry (SCCI), and Board Member of the Emirates Franchise; Ammar Al Aleeli, Director-General of Umm Al Qaiwain Chamber of Commerce and Industry, and Board Member of the Association; Aref Khalifa Al Mizki, Board Member of Ras Al Khaimah Chamber and Board Member of the Association; Sultan Jemei Al-Hindassi, General Director of Fujairah Chamber of Commerce and Industry, and Board Member of the Association; and Mr Saleh Abdullah Lootah, General Director - Al Islami Foods Company, Board Member of the Association and Chairman of the Executive Committee of the Association. In December last year, The Emirates Association for Franchise Development (FAD) has announced a new board of directors and launched its new corporate identity (Emirates Franchise) on its 10th anniversary. This initiative aims to emphasise FAD's role in promoting UAE's commercial franchise sector and empowering entrepreneurs. The announcement was made during the inaugural first edition of Abu Dhabi Business Week, hosted by ADCCI, in collaboration with the Abu Dhabi Department of Economic Development (ADDED) and Abu Dhabi Investment office (ADIO). WAM
