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Kroger, Wal-Mart open smaller, convenience-store outlets

Grocery store chains like Kroger and Wal-Mart are opening smaller convenience-store outlets that sell fresh produce, meat and dairy as well as more familiar frozen and packaged foods. Kroger has opened three Turkey Hill Markets in the Columbus, Ohio, area, and Wal-Mart is building Neighborhood

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Taco Bell looks to franchising to fuel U.S. growth

Taco Bell has launched a large-scale expansion effort to reach its goal of opening 2,000 new restaurants in the United States by 2023. That includes recruiting more franchisees, especially females and minorities, and expanding the number of units owned by existing franchisees. Through the initiative,

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Shoney’s on mission to bring back ‘glory days’

Shoney’s, which had fallen on hard times and filed for bankruptcy protection, is on the comeback trail. Thanks to revitalized menus that focus on fresh ingredients and a revamped footprint, it aims to build the chain back up to 1,200 restaurants. Read The Tennessean story

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IHG brands refresh proceeding smoothly

InterContinental Hotels Group has made significant progress in its revamp of several brands. The hotel chain has finished refreshing its Holiday Inn brand, which included the addition of 1,900 properties to the system, and is on track with its planned overhaul of its upscale Crowne

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Starbucks eyeing European franchise strategy

Starbucks has avoided franchising in the United States and other markets in an effort to keep control over its brand, but the Seattle-based coffee giant has become more flexible in Europe as it looks to grow beyond the big cities. The company opened its first-ever

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New Orleans restaurant scene has come back strong

New Orleans has fewer residents but 70 percent more restaurants than it did the day Hurricane Katrina devastated the city in 2005, a sign that the city’s tourist business has made a strong comeback and that rebuilding efforts after the storm attracted higher-income residents to

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Topland Group purchases Menzies Hotels portfolio

The Topland Group has acquired the parent firm of Menzies Hotels out of administration for $139 million. As part of the sale, Menzies has transferred ownership of 12 hotels in its portfolio to Topland. The properties will be managed by Bespoke Hotels. Read the HotelsMag.com story

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