Chipotle signs first-ever franchise agreement — for expansion in Middle East
Chipotle Mexican Grill, known for its direct ownership and operation of all its restaurants, has taken a significant step by entering into its first-ever development agreement. This milestone involves a partnership with the Alshaya Group, an international franchise retail operator, to establish restaurants in the Middle East, aiding in their global expansion strategy.

Initial plans include opening new locations in Dubai and Kuwait early next year, with potential for further expansion throughout the region.

While this marks a notable development, Chipotle has not disclosed any other upcoming franchise agreements beyond its recent collaboration with Alshaya Group in the Middle East.

FTC and DOJ unveil tougher merger oversight rules
The government’s merger rules have received long-awaited updates, marking the first changes to the way officials review corporate tie-ups in years.

David’s Bridal reportedly will keep nearly 200 stores open under new ownership
The chain has been seeking a buyer since before its April bankruptcy filing. An offer from Cion Investment Corp. was approved.

Church’s Texas Chicken owner to buy 81 bankrupt Hardee’s stores
It’s part of High Bluff Capital Partners’ plan to build a restaurant platform of six to 10 concepts with $75–$100 million in EBITDA.

GNC enters health care market
GNC’s push into health care services comes as pharmacy and other retailers are also increasing their focus on health care.