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August 2017

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Covers everything from good news to bad judgment
Labor Day Economic Snapshot

Labor Day Economic Snapshot

Given the level of political instability throughout this year and the heartbreaking disaster unfolding along the Gulf shore, it’s remarkable that the economy has chugged along as well as it has. Here’s a look at some of the latest key economic indicators for a pre-fall check up on the economy.

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Subway Launches Striking New Store Design

Subway Launches Striking New Store Design

As it rolls out a dramatically new store design, complete with a new brand logo, Subway is looking to catch up to the fast-casual competition with a new store concept that includes a bright vegetable display front and center. For Subway’s thousands of franchisees, the mandatory remodel program includes three tiers that allow varying levels of equipment reuse.

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Franchise Execs Talk Delivering on a Brand's Promise

Franchise Execs Talk Delivering on a Brand's Promise

Franchise leaders gather at annual Faegre Baker Daniels summit to share how they work to develop and maintain a successful franchise system.

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We Have the Multi-unit News You Need to Know

We Have the Multi-unit News You Need to Know

Twice a month I’m plucking the key details from dozens of multi-unit franchise development agreements to give you everything you need to know to stay informed and, of course, keep an eye on what the competition is doing.

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Diving Deeper Into Medical Franchising

Diving Deeper Into Medical Franchising

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.

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Arby’s+Turkey Legs+'Game of Thrones'

Arby’s+Turkey Legs+'Game of Thrones'

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."

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Chairman Change at Brightway Insurance

Chairman Change at Brightway Insurance

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.

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Head-Turning Pics Tout McGraw and Snap Fitness Partnership

Head-Turning Pics Tout McGraw and Snap Fitness Partnership

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.

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Perhaps Boring Fits the Bill for New H&R Block Chief

Perhaps Boring Fits the Bill for New H&R Block Chief

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.

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H&R Block Appoints Jeff Jones, Former Uber Executive, as CEO

H&R Block Appoints Jeff Jones, Former Uber Executive, as CEO

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.

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Need Glasses for the Eclipse? Shoney's Can Help

Need Glasses for the Eclipse? Shoney's Can Help

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.

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‘Purpose Beyond Profit’ Positioning Drives New Snack Concept

‘Purpose Beyond Profit’ Positioning Drives New Snack Concept

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."

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Pieology Heads for Mexico City

Pieology Heads for Mexico City

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.

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Joe’s Crab Shack in Rough Waters

Joe’s Crab Shack in Rough Waters

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.

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With ‘Aggressive’ Approach, Applebee’s to Close 100-plus Locations

With ‘Aggressive’ Approach, Applebee’s to Close 100-plus Locations

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.”

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La Madeleine Signs New ‘Zee, Continues Refranchising Push

La Madeleine Signs New ‘Zee, Continues Refranchising Push

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.

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NCR Partners With Grubhub, DoorDash to Eliminate Delivery Tablets

NCR Partners With Grubhub, DoorDash to Eliminate Delivery Tablets

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.

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Are You Prepared for Sin Taxes?

Are You Prepared for Sin Taxes?

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.

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Social Justice a Must in Retailing, Says Apricot Lane Founder

Social Justice a Must in Retailing, Says Apricot Lane Founder

“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.

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Need Capital? It's Time to Re-Think Your Elevator Pitch

Need Capital? It's Time to Re-Think Your Elevator Pitch

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.

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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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