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January 2017

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Covers everything from good news to bad judgment
Diversity on Display at IFA

Diversity on Display at IFA

Two days into my third trip to the IFA annual convention in Las Vegas, I’ve once again seen the remarkable diversity representative of the amazing, global shifts underway in franchising. And I’m not just saying that because it was part of my presentation on the first day.

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At the Movies: 'The Founder' Is Made for Followers of Franchising

At the Movies: 'The Founder' Is Made for Followers of Franchising

Restaurants are said to be a pennies business, so it was only fitting that when the Ray Kroc character in the film, 'The Founder,' meets his future wife, Joan, playing the organ at a fine-dining restaurant in St. Paul, he joins the attractive blonde at the keyboard to lustfully sing 'Pennies From Heaven.'

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Forget Overtime; Undertime Is Real Villain, Anytime Fitness Says

Forget Overtime; Undertime Is Real Villain, Anytime Fitness Says

Franchise operators spend a lot of time worrying about overtime, but the real villain in their businesses is undertime—the amount of money employers pay for disengaged workers who are present only physically. That’s advice from the kilt-wearing Dave Mortensen and Chuck Runyon, co-founders of Anytime Fitness, who gave a lively keynote address today at the IFA's annual convention.

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There's Work to Do, IFA Chair Urges Convention Attendees

There's Work to Do, IFA Chair Urges Convention Attendees

“It took 50 years to create this misperception about franchising. It will not be undone in 50 weeks,” declared Aziz Hashim, chair of the International Franchise Association board of directors, in the opening general session of its annual convention in Las Vegas yesterday.

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Tim Hortons expanding its North American footprint to Mexico

Tim Hortons expanding its North American footprint to Mexico

Last week, Restaurant Brands International (NYSE: QSR) announced its brand, Tim Hortons, would expand into Mexico. The company says it will form a master franchise joint venture with an unidentified group of investors.

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Advice Abounds for Would-Be Owners in Zor Awards Package

Advice Abounds for Would-Be Owners in Zor Awards Package

How do top-performing operators select the franchise brands that are right for them? We’re getting an earful on the topic, from multiple franchisees we’re featuring in our upcoming Franchise Times Zor Awards package, which will identify the best franchises to buy in each of 10 categories, to be published in March.

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Coffee Pro Pivots to Building Dog Utopias

Coffee Pro Pivots to Building Dog Utopias

Neil Gill is the president and CEO of Phoenix-based Dogtopia, and is very enthusiastic about the business, but comes from Praise International, a subsidiary of Gloria Jeans Coffees where he helped turnaround and reenergize the brand in North America. He’s hoping to pull the same old tricks in the franchised dog space.

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10 Win Prestigious FT Dealmakers Awards

10 Win Prestigious FT Dealmakers Awards

Franchise Times today announces winners of the 2017 Franchise Times Dealmakers awards, the fifth annual project recognizing the boldest players driving mergers and acquisitions in franchising.

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‘Simple’ Wingstop opens 1,000th location

‘Simple’ Wingstop opens 1,000th location

Dallas-based Wingstop has opened location No. 1,000, a major milestone for a brand defined by its simplicity.

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Arby's CEO on Record Sales, Maintaining Growth in QSR

Arby's CEO on Record Sales, Maintaining Growth in QSR

Arby’s CEO Paul Brown announced record systemwide sales of more than $3.6 billion, a 25% increase in AUVs and 3.8% same-store sales growth—more than double the growth rate of the QSR category. Those numbers represent 25 consecutive quarters of of same-store sales growth and 11 consecutive quarters of transaction growth for the Atlanta-based brand.

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CoreLife Lands Experienced Michigan Operator as First 'Zee

CoreLife Lands Experienced Michigan Operator as First 'Zee

A long-standing relationship with Larry Wilson, founder of CoreLife Eatery, convinced Stevensville, Michigan-based operator Joyce Lunsford to sign on as the healthy restaurant brand’s first franchisee—that and a taste of beet lemonade, something Lunsford thought she’d hate.

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Amazing Lash Operators Don't Hesitate to Enlist Family

Amazing Lash Operators Don't Hesitate to Enlist Family

If you think your holiday gatherings with family can be fraught, consider John and Janet Mok, Amazing Lash Studio franchisees in New Jersey who have convinced all four of John’s siblings to buy into the franchise, as well. “We’re either heroes or goats, right?” says John with a laugh.

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Capriotti’s Founder Lois Margolet Passes

Capriotti’s Founder Lois Margolet Passes

Lois Margolet, founder of Las Vegas-based Capriotti’s Hand Crafted Sandwiches, passed away on Thursday following a battle with lung cancer. She was 68.

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Former NFL Linebacker, Mooyah ‘Zee Shares Franchise Experience

Former NFL Linebacker, Mooyah ‘Zee Shares Franchise Experience

“Just like in football, coaches move, so you can’t pick a franchise just for the people, the leadership; you pick it for the model,” said Bradie James, speaking during Franchise Expo South in Dallas. James, a multi-unit franchisee of Mooyah Burgers, Fries and Shakes, is also the company’s director of brand engagement.

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Can Taco Bell Actually Win Market Share in China?

Can Taco Bell Actually Win Market Share in China?

Yesterday Yum China announced the grand opening of a new Taco Bell in Shanghai, the chain’s first location in China after a decade-long absence. With a potential customer base of 1.3 billion, Yum Brands and Taco Bell seem excited about the likelihood of a big expansion in China.

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Famous Toastery says ‘happy holidays’ with artful pancakes

Famous Toastery says ‘happy holidays’ with artful pancakes

Famous Toastery opted not to put too many guardrails on a holiday social media campaign, instead having a little fun with a hypnotizing pancake artist.

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'Idea Guy' Founder Sells Pizza Patron, Pivots to What's Next

'Idea Guy' Founder Sells Pizza Patron, Pivots to What's Next

Antonio Swad, founder of Dallas-based Pizza Patron and Wingstop, is on to a new venture after selling this week Pizza Patron to the brand's largest franchisee, Charles Loflin of San Antonio.

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Dueling Surveys Blast, Praise Labor Nominee Puzder

Dueling Surveys Blast, Praise Labor Nominee Puzder

The headlines this week were negative for Andy Puzder, Trump’s choice for secretary of labor and CEO of CKE Restaurants—so much so that the International Franchise Association commissioned a survey of Carl’s Jr. and Hardee’s employees to counteract a damning one released Tuesday by Puzder foes.

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Drew Brees Aims to Score With Dunkin’ Donuts

Drew Brees Aims to Score With Dunkin’ Donuts

As speculation mounts about how long Drew Brees will continue as quarterback for the New Orleans Saints, it’s becoming clearer that one of the most famous and talented players in the NFL has teed himself up to be a major player in the franchise world for many seasons to come. Adding to his growing empire of Jimmy John’s and Walk-On’s restaurants, he is set to build 69 new Dunkin’ Donuts restaurants in Louisiana.

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How the Housing Market in India Differs From U.S.

How the Housing Market in India Differs From U.S.

Real estate in India is like football in the U.S., says Ramnik Chopra, managing director and lead investor in Coldwell Banker India. He’s not saying it’s a game, only that homeowners are fanatical scorekeepers. “Everyone wants to know the price of their property” and every weekend they’re checking the newspapers for the stats, he says.

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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 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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