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Covers everything from good news to bad judgment
Subway Defends $4.99 Footlong as ‘Best Short-Term Option’

Subway Defends $4.99 Footlong as ‘Best Short-Term Option’

The franchisor-franchisee relationship can be a contentious one, that’s not news to anyone, but the Subway system is particularly prickly right now.

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A&W Launches Expanded Franchising Push

A&W Launches Expanded Franchising Push

After previewing its strategy in a recent Franchise Times cover story, A&W Restaurants announced an expanded, multi-faceted franchising strategy that builds on its success since being acquired from YUM! brands. The centerpiece of the campaign is an all-new franchise information website.

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Last Call for Dealmakers Entrants as Past Winner Strikes Again

Last Call for Dealmakers Entrants as Past Winner Strikes Again

Elie Khoury, one of FT’s Dealmakers of the Year award winners in 2017, is back at it with an acquisition of 18 Taco Bell corporate restaurants in New Orleans and other southern Louisiana cities. The news provides the perfect reason to point out that nominations for this year’s project are due by year end and can be made via the Dealmakers button on the home page.

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For Jersey Mike’s Manager-Turned-Owner, a Terrific Day

For Jersey Mike’s Manager-Turned-Owner, a Terrific Day

Yesterday, Kyanna Isaacson, age 26, opened her first Jersey Mike’s store as a majority owner, a shop she was awarded by the chain’s founder last year, right after she was named manager of the year at the chain’s annual conference. Judging by the smile on her face in the photo, she’s excited. “There’s really no words that I can explain everything,” said Isaacson when reached the day before her store opening, in Valencia, California.

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Ray Titus, UFG Launch Titus Center for Franchising

Ray Titus, UFG Launch Titus Center for Franchising

Seeded by a $1.5 million gift to Palm Beach Atlantic University, United Franchise Group founder and CEO Ray Titus has helped form the Titus Center for Franchising that will teach franchise-specific coursework to college students interested in pursuing a career in the franchise industry.

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Casual Dining in the Age of Fast Casual

Casual Dining in the Age of Fast Casual

John Nicolopoulos from RSM sat down with Tom Kaiser to discuss whether the restaurant industry has moved too far into fast casual when research shows many consumers wanting an experience on the side.

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Melt Shop Seeks ‘Zees Like Five Guys’ for Operators

Melt Shop Seeks ‘Zees Like Five Guys’ for Operators

Josh Morgan is operating partner at Aurify, parent company of the Melt Shop that has just begun franchising. Melt Shop has eight corporate locations and about six years of perfecting the brand before the rollout, not to mention lines down the street at its flagship location in Manhattan. Morgan described the brand’s ideal franchisee—“hard-core operators” like those in the Five Guys concept—in an interview with FT’s Beth Ewen at the Restaurant Finance & Development Conference. He should know, as Aurify is also a franchisee of Five Guys.

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New Design Yields 30% Sales Bump for Huddle House​

New Design Yields 30% Sales Bump for Huddle House​

Michael Abt, CEO of Huddle House, concedes the family and casual dining segment is a tough one lately, but his brand has found its niche. “We’ve got a 54-year history of going into small towns. 74 percent of our restaurants are in counties with 45,000 population or less,” he told Franchise Times Editor-in-Chief Beth Ewen, in an interview at the Restaurant Finance & Development Conference. The Evolution design is yielding a 30 percent bump in average unit volumes, too, which helps him make the case.

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It’s the Biscuits, Behind Bojangles’ Latest Deals

It’s the Biscuits, Behind Bojangles’ Latest Deals

Randy Icard heads up development for Bojangles, and he’s signed a number of franchise agreements in the Southeast recently. “We’ve got a lot of traction and a lot of movement right now in the state of Florida,” he said. All-day breakfast—and the homemade biscuits, especially— is a huge attraction, and their restaurants do 38 percent of their business by 11 in the morning. “We’ve made biscuits from scratch every 20 minutes from day one,” Icard told Beth Ewen of Franchise Times, at the Restaurant Finance & Development Conference.

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FASB Clarifies Confusing Revenue Recognition Language

FASB Clarifies Confusing Revenue Recognition Language

The Financial Accounting Standards Board (FASB), which sets U.S. GAAP standards, has clarified key language around its new revenue-recognition guidelines.

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Entire Nation Grateful for Applebee’s $1 Long Islands

Entire Nation Grateful for Applebee’s $1 Long Islands

Could there be anything more soothing and perfectly timed than the current Applebee’s special offering $1 Long Island Iced Teas? The answer is no, and judging from my social feeds, this is one of the most effective and widely shared LTOs in recent memory. We all owe Applebee’s our deepest gratitude in this difficult time.

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Beverage Innovation Next Up at PizzaRev, Backed by Cleveland Ave

Beverage Innovation Next Up at PizzaRev, Backed by Cleveland Ave

Ed Yancey considers Cleveland Avenue, a private equity firm created by former CEO of McDonald’s Don Thompson in Chicago, as an incubator for innovative restaurant concepts. Cleveland Avenue invested earlier this year in PizzaRev, a 40-plus-unit pizza chain in Los Angeles. “It’s a great concept, and we have the capability to expand its growth,” said Yancey, who sat down with Franchise Times Editor-in-Chief Beth Ewen at the Restaurant Finance & Development Conference in early November.

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Chapter 11 Closed, Quaker Steak & Lube Gets Back on Track

Chapter 11 Closed, Quaker Steak & Lube Gets Back on Track

Quaker Steak and Lube was bought out of bankruptcy by TravelCenters of America about 18 months ago, and for several months newly promoted VP of Operations Bruce Lane has been working on relationships with franchisees and making the restaurants more profitable. Editor-in-Chief Beth Ewen sat down with Lane at the Restaurant Finance & Development Conference in Vegas to learn more about the growth plan.

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For Anytime Fitness in Bangkok, a Blessing

For Anytime Fitness in Bangkok, a Blessing

It’s not every day that a Buddhist monk blesses your franchise, but that’s what happened last week at the first Anytime Fitness gym to open in Bangkok.

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Buffalo Wild Wings and Arby's Announce Merger

Buffalo Wild Wings and Arby's Announce Merger

Arby’s Restaurant Group, Inc. and Buffalo Wild Wings, Inc. today announced that the companies have entered into a definitive merger agreement under which ARG will acquire BWLD for $157 per share in cash, in a transaction valued at approximately $2.9 billion, including BWW’s net debt.

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IHOP Launches Online Ordering, Starts Delivery Test

IHOP Launches Online Ordering, Starts Delivery Test

Working with Amazon and DoorDash, IHOP is rolling out delivery in select cities in California, Texas, Oklahoma, Washington and Utah as it aims to bring pancakes to guests the company said don’t always have the time or desire to sit down in the restaurant.

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Picture the Food Scene Before McDonald’s Was McDonald’s

Picture the Food Scene Before McDonald’s Was McDonald’s

Today it’s hard to believe that McDonald’s didn’t always exist as the original disrupter of the nation’s food scene, but a recent talk by author Lisa Napoli on the subject paints the picture that seems especially appropriate to share today, on the eve of our No. 1 food holiday.

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Exit for Amazing Lash Studio Founders In Sight

Exit for Amazing Lash Studio Founders In Sight

It’s time for the founders of Amazing Lash Studio, Vietnamese immigrants Edward and Jessica Le, to exit their franchise and reap some of the rewards, says Heather Elrod, president and COO of the eyelash extension franchise now based in Scottsdale, Arizona. She announced earlier this month Amazing Lash is seeking strategic alternatives including a sale for the brand founded in 2010 in Houston, and now with more than 300 studios awarded and 160 of those open and operating.

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Survey Answers Some Key Third-party Delivery Questions

Survey Answers Some Key Third-party Delivery Questions

How the various third-party delivery providers stack up is a big question in the restaurant space. According to a new cache of data from mystery shopping and survey firm SeeLevel HX, things are fairly even in an ever-changing segment of the industry.

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Strategic Buyers, Legacy Brands Looking Abroad

Strategic Buyers, Legacy Brands Looking Abroad

Sales are mediocre, traffic is down but some internationally minded restaurant groups are not worried. That’s because while there are challenges in the U.S. market, there is an incredible amount of opportunity abroad.

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Covers everything from good news to bad judgment

About This Blog

The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Tom KaiserTom Kaiser is associate editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is staff writer at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Mary Jo LarsonLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 
Nancy WeingartnerNancy Weingartner is editor-at-large of Franchise Times magazine and the editor of the Food On Demand media project. You can reach her at 612-767-3200 or at nancyw@franchisetimes.com.
Follow her on Twitter at http://twitter.com/nanweingartner.
 

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