Growth News--HCX, Payless Car Rental <b></b>

Fort Lauderdale, Florida--Hair color only salon chain HCX is ready to saturate the Pittsburgh market with franchise stores. With a first franchisee signed up, a local headquarters established at Southpointe, and a site search underway, HCX hopes to open 25 stores in the Pittsburgh area in the next few years. Overall, the company hopes to have 4,000 salons in the United States in the next seven years. -Pittsburgh Business Times

St. Petersburg, Florida--Payless Car Rental System Inc. announced that its reservations to date for July have increased more than 54 percent over the same period last year. The company attributes the growth to franchise expansion, especially the ones servicing international airports. Payless recently opened airport locations in Jacksonville, Florida, and San Diego, and an additional 25 franchises are scheduled to open this year. -The Business Journal of Tampa Bay

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Here's the Exact Amount of Money You Need to Be Wealthy, According to a Charles Schwab Survey

Financial service giant Charles Schwab's annual Modern Wealth Survey reveals some eye-popping numbers.

Growing a Business

He Went From Customer to CEO of a Rapidly-Expanding Dessert Chain By Following This Process

Neil Hershman built his expansion playbook by perfecting a single store, then replicating what worked across the franchise system without sacrificing customer experience.

Business News

Goldman Sachs Reportedly Requires Loyalty Oaths From Junior Bankers to Stop Private Equity Poaching

The investment bank wants to confirm that analysts haven't lined up job offers from other firms.

Business News

Amazon Prime Day 1 Was the 'Single Biggest E-Commerce Day So Far This Year,' According to New Data

More people are shopping online this week, but so far, it hasn't led to more sales for some vendors. Here's what to know.

Business News

Elon Musk Gives One-Sentence Response to Linda Yaccarino Stepping Down as CEO of X

Linda Yaccarino announced on Tuesday that she was leaving her role as X's chief executive.