Much of the action in franchising happens in the suburbs, where power centers, strip malls, enclosed malls and bustling interchanges provide captive consumers and high visibility to lure them in—with sky high rents to match the possibilities. Truly urban environments like city centers are even more exclusive in terms of availability and cost.
The red circle in the center of the white background represents the sun. The flag is called Hinomaru, which means “circle of the sun.”
Blink Fitness gyms operate by the numbers, and at Watermill Express, analytics get the human touch. Spray-Net puts data to work in product development.
My first real job in high school was as a clerk in a pet shop. It was locally owned; the owner and his family lived above the store, and all his kids worked there. Before I started, I had dreams of playing with puppies, petting kittens and feeding fish. Nope.
IPOs have slowed since 2014, but there could be a lot more public entrants if one firm continues its initial success.
Chris Phillips is the latest passenger on the so-called journey to a billion at Atlanta-based GPS Hospitality, a major franchisee of Burger King and Popeyes Louisiana Kitchen, his previous employer.
Discover a treasure trove in the supply cabinet that prompts you to write a play for finger puppets
We’ve predicted it along with many others: a boom in medical franchising that upends the traditional healthcare industry that creates some massive, new players in the franchise industry. As a reporter who’s received care at several next-generation health players, I see a category that has many unique needs.
I thought it was only my personal life affected by my avoiding "Game of Thrones," but now with Arby’s latest announcement, it is clear this gory and drama-laced show has become required viewing to fit in with contemporary society, like the Soprano’s finale, “Who Shot J.R.?” and every episode of "Unsolved Mysteries."
Brightway Insurance, a national property/casualty insurance franchise with agencies in 17 states, continues to expand its footprint in 2017, including the signing of new franchisees in Washington, Alabama and Indiana.
Wingstop Restaurants Inc. (NASDAQ: WING), the award-winning wing concept with more than 1,000 locations worldwide, today announced that it is extending its global reach by expanding into Australia and New Zealand.
Papa John's International, Inc. (NASDAQ:PZZA), continues its expansion into new countries with the announcement of signed development agreements for Kazakhstan, Kyrgyzstan, and Poland.
You don’t send out photos of Tim McGraw doing handstands and crunches without a shirt and expect to be ignored by the press—and sure enough, Snap Fitness’s new partnership with the country music superstar and the fitness club called Tru Mav is drawing lots of attention.
Jeff Jones’ move this week to helm H&R Block after a tumultuous and brief stint at Uber, as announced below on this blog, prompted a look at the tax services sector in franchising. The results are about as boring as, well, preparing your taxes versus following all of the wild news coming out of Uber, and maybe that’s what appealed to Jones.
Jeff Jones, a former executive with Target Corporation and Uber, was named as H&R Block’s new CEO today. He will succeed Tom Gerke, who will continue to serve as interim president and CEO until October 9.
In a testament to its original craft beverage roots, freshly made Root Beer is now being served at all A&W restaurant locations across the globe, including 630 in the U.S. The beverage is created through a mixture of the brand’s top-secret blend of spices, real cane sugar and water to create the signature A&W taste.
Tropical Smoothie Cafe, announced it has signed its 100th franchise agreement of the year, which will expand its footprint in the greater Pittsburgh, Pennsylvania area.
If you're ready to get your geek on Monday to view the total solar eclipse but find yourself without viewing glasses, Shoney's is ready to help. The Nashville-based franchise will give out free viewing glasses and a free MoonPie with meal purchase while supplies last. Hwy 55 Burgers is getting in the game, too.
A new concept from Remarkable Brands LLC, Purpose Snackery says it’s a snack shop “that encourages its independent franchisees to make an impact in the communities they serve."
Mexico City can now add Pieology pizza to its list of attractions, as the California-based franchise embarks on its first international expansion in the Distrito Federal.
Joe’s Crab Shack—of the most intense restaurants I’ve ever dined at and an icon of 1990s suburbia—is on the rocks as locations abruptly close across the country and its parent company significantly shrinks the brand’s unit count. I am surprised ye old Crab Shack has hung on as long as it has given some inherent contradictions in the kid-friendly seafood concept.
Coverall North America, Inc., today announced that VP, Operational Development, Shirley Klein has been appointed chief operating officer. Klein will report to Coverall’s chief executive officer, Rick Ascolese.
Anytime Fitness recently announced plans to introduce over 65 locations in targeted areas throughout the state of Alabama. The community-focused brand will ramp up growth through strategic franchise partnerships and aims to open the new locations within the next three years.
DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar® and IHOP® restaurants, announced the appointment of Stephen P. Joyce as the Company's Chief Executive Officer, effective September 12, 2017.
Hungry Howie’s Pizza, originator of the Flavored Crust® pizza, has inked a 20-store multi-unit agreement in Arizona with plans to open the new locations within the next five years.
Signarama, the world's largest sign franchise, and the first in over 50 countries, reports record-breaking U.S. franchise sales just six months into the year.
Applebee's aims to identify older locations in areas “where once vibrant retail, residential and traffic characteristics are just no longer present,” the brand's president, John Cywinski, noted, along with restaurants that are underperforming “and perhaps even brand-damaging restaurants with unsustainable unit economics.”
La Madeleine French Bakery and Café is already more than halfway to its goal of refranchising 38 corporate locations, an initiative the brand announced in March at the Franchise Times Finance & Growth Conference.
A new partnership between point-of-sale giant NCR and delivery providers DoorDash and Grubhub aims to eliminate the separate tablets that have become a necessary evil for restaurants looking to add revenue through third-party delivery.
As a society, we’ve made massive strides in public health. Smoking rates have declined sharply, teenagers have lower rates of sex, drug use and drinking, and we’re even using less high fructose corn syrup—progress! But the franchised restaurant world is still exposed to how unhealthy some of its foods are.
“Today, the consumer culture has turned a page toward social justice,” declared Ken Petersen, founder and CEO of Apricot Lane Boutique, when I reached him today to talk about how retailing is changing in this era of big-box store closures and Amazon everywhere.
Most entrepreneurs have their elevator pitch down pat—that 30-second speech about their company that can be delivered in the time it takes to go up or down a few floors. But angel investors and venture capitalists on a panel this week recommended listening rather than talking.
Wyndham Hotel Group is set to become a new, publicly traded company by the first half of next year. Based in Parsippany, New Jersey, it operates or franchises more than 8,100 hotels across several brands, including Ramada, Days Inn and Baymont Inn & Suites.
They say capital’s cheap and easy these days. Because there are so many good business ideas out there, I’ll keep this brief: I’m thinking of becoming a franchisor in the cereal business down in Kentucky. Who’s coming with me?
A U.S. House committee has introduced legislation defining what it means to be a “joint employer,” stating the employer must “directly, actually and immediately” exercise significant control over the primary elements of employment to be so considered and thus liable for violations of workers’ rights.
Chip Paul is shutting down his electronic cigarette franchise, Palm Beach Vapors, which at its peak had 21 units, for regulatory reasons. Meanwhile, he’s starting a new company called Gnu Pharma, which is developing herbal supplements that he will sell through distributors but definitely not roll out as a franchise. Why not?
In its Q2 2017 U.S. Shopping Center Marketbeat, C&W predicts an increase in retail closures over 2016 with retail bankruptcies and consolidations magnifying the impact of e-commerce and other seismic shifts.
Denny’s On Demand, which the company launched nationally in May through a partnership with Olo, includes online and mobile ordering and payment for to-go items, plus delivery via Olo’s Dispatch network of third-party services.
Huddle House entered new markets across 14 states, including the brand’s first Maryland location and additional growth in New Jersey, where the all-day breakfast concept has one store open and five more in development. Eight of its multi-unit owners signed additional agreements in fiscal year 2017 to open 22 more locations.
I’m continually amazed by the number of better-burger players out there, but the herd has stayed strong as the competition has intensified. And, for whatever it’s worth, Wayback Burgers is still expanding like crazy, recently hitting 120 domestic locations and many new international openings in the hopper.
Restaurants and retailers have clearly read the memo that younger consumers want an experience when they spend their precious fun money. The latest innovation is a great one for a summer Friday—World of Beer’s ALEgorithm that it bills as a Pandora-style “beer discovery engine” providing beer recommendations based on personal taste and member engagement.
Gen Xers, usually in the shadow of millennials and baby boomers, are an equally important customer base for restaurants, finds a new NPD Group foodservice study.
Courting social media Influencers is one way restaurant owners can create buzz around new food items or new store openings.