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Roark Unloads Batteries Plus Bulbs as Retail Heats Up

After several years of ownership by Atlanta-based Roark Capital, Batteries Plus Bulbs has been acquired by Los Angeles-based private equity firm Freeman Spogli & Co. Finalized at the beginning of July 2016, the acquisition’s financial terms were not disclosed.
July 22, 2016, 8:56 am

Sir Grout Capitalizes on Rehabbing Home Surfaces

Today, most houses come with high-end tile, countertops and wood flooring, but most people don’t know how to properly maintain such materials. You may try some old standbys—bleach, ammonia and vinegar—before becoming exasperated and calling in a professional. That’s where Sir Grout comes in, a 38-unit chain based in Alpharetta, Georgia, that’s growing quickly as more homes come with nicer, more expensive and, ultimately, harder to maintain materials that are immune to the trend of DIY.
July 21, 2016, 1:47 pm

Can Pokemon Go Be a Boost to Franchises?

Whether you already play the game, or are simply baffled by the manic popularity of Pokemon Go, allow me to explain, and offer a way to possibly turn hordes of wandering players into some additional traffic at your retail store or restaurant.
July 20, 2016, 9:09 am

Two Hotel Suggestions for Travelers Wanting to Press Their Luck

A tale of two hotels, one franchised with a theme, one non-franchised with a theme.
July 18, 2016, 2:23 pm

When the Heavyweights Stepped Into UFC 200 Octagon

Brock Lesnar is enormous, the former NCAA wrestling champion when he was at the University of Minnesota and a former Minnesota Vikings defensive player, we see from our box at the T-Mobile Arena in Las Vegas at the UFC 200 last Saturday. As we would soon learn, mixed martial arts organization UFC itself is huge, too.
July 15, 2016, 2:13 pm

From UFC 200, Tales of a Fight That Went Wrong

“Let’s go, Frankie. Let’s go Frankie. Let’s go Frankie,” roars the crowd at the UFC 200 last Saturday as Frankie Edgar took on Jose Aldo. Franchise Times is here as guests of UFC Gym, the franchise that features mixed martial arts training with its own octagon, and Edgar is a new owner of a New Jersey Gym, so this is our guy.
July 15, 2016, 2:08 pm

Trip to Mexico Gives Margaritas' Staff Their Shot at Authenticity

Margaritas Mexican Restaurant GM Shawn Barton used to just watch guests watch a video playing on the casual-dining chain’s TVs, but after returning from a management-paid trip to Mexico he now can narrate the travelogue.
July 14, 2016, 4:31 pm

Massage Envy Heading to Australia Via Mega-Partnership

Massage Envy is really huge—to the tune of more than 1,125 domestic units—but it’s fixing to get much bigger and a little more worldly with a recently announced partnership with Australia’s Collective Wellness Group to add approximately 100 units down under over the next 15 years. It will be the franchised massage giant’s first foray outside of the United States.
July 14, 2016, 2:58 pm

Pieology Acquires Competitor, Unleashes Pizza Wars

With so many new fast-casual pizza concepts out there, many industry watchers see Pieology’s recent acquisition of Project Pie as the first move in an eventual wave of consolidation that will trim the number of players in this rocket-fueled segment.
July 14, 2016, 9:18 am

Marriott Edges Closer to Purchasing Starwood

Marriott International, one of the world’s largest hotel companies, is edging closer to buying Starwood Hotels & Resorts in a $12.2 billion merger that would create one of the world’s largest hotel companies.
July 8, 2016, 12:29 pm

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