Licences & Retirements - Black Enterprise
Black Enterprise Magazine September/October 2018 Issue

The 1,000th Chick-fil-A franchise landed in the hands of Anthony Royal (pictured above, fourth from left), an African American franchisee based in Lithonia, Georgia. With a location near the new Stonecrest Mall, an Atlanta-based shopping center located in an area with the second highest per capita black income in the country, this stand-alone Chick-fil-A is expected to gross at least $1.5 million for the first year, and $2 million plus over the next five years. The chain, which grosses $1 billion in sales annually, is known for its Chick-fil-A chicken sandwich and plans to open additional locations next year.

Carl Ware, Coca-Cola’s highest-ranking African American executive who served as the firm’s director of global affairs, is calling it quits at the end of this year. Upon his retirement, the 58-year-old will move into a senior advisor role to the firm’s Chairman and Chief Executive Douglas Daft. Ware impacted Coca-Cola’s decision to divest its assets in South Africa and improved diversity among its workforce during his tenure.

African American-owned software integration and development firm, Spinks Technologies, won the integration services contract for Fremont, California-based Logitech. Founded by 36-year-old Gerard Spinks, the small firm beat out industry IT heavyweights.

African American-owned Global Translogic Inc. and Courier Express deliver, especially since they’ve been awarded a DHL Worldwide Express resale license. “This deal means that we will be able to target other small to medium companies, especially African American-owned businesses, and give them discounts that could save them up to 40% on express delivery charges,” remarks founder Mishael Israel in a published statement. The firm also received a major contract allowing them to deliver parcel packages for Fed-Ex. “It’s similar to what MCI and Sprint did some years ago, when they bought services from AT&T and then sold the telephone services to smaller companies…we will basically do the same thing,” he says.

Join the Conversation