International travel always sounds glamorous, but it’s hard on the body and the mind (not to mention the spouse left with all the domestic work). Here are some tips from Raja Joshi of Golden Chick on how he survives trade missions and other trips abroad.
Remember the old 'How many (fill in the blank) does it take to screw in a light bulb?' joke? I don’t know the answer to that one, but at the Mumbai airport it takes five workers to dust a light fixture. More on the franchise trade mission to India/Sri Lanka.
Earlier this week, Marcato Capital CEO Mick McGuire, sent another inflammatory statement to franchisees of Buffalo Wild Wings that, among other things, urged a radical increase from the company’s current 49 percent franchise standing.
Captain D’s has a new look, which will be complete by the end of 2017, and a new-ish line of grilled products, and Chief Development Officer Michael Arrowsmith describes the tricky business of appealing to new customers while keeping the old, with Franchise Times’ Beth Ewen.
Matthew Corrin, founder of Freshii and a former employee of the high-end fashion designer Oscar de la Renta, discusses why he likes to follow fast-fashion players like Zara in his brand’s development of menus. “If you’re not staying cutting edge you’re not staying relevant,” he told Franchise Times’ Beth Ewen.
Christina Chambers joined Huddle House, the venerable casual dining chain, last August, along with a new management team backed by private equity investor Sentinel Capital, and one of the biggest initiatives was a remodel program. “So taking a brand that is 52 years old and making it new again, which is about as hard as it sounds,” she told Franchise Times’ Beth Ewen.
Everybody who hates when people text at the movies (in other words, everybody over the age of 35) should check out Alamo Drafthouse Cinemas, a growing chain of movie theaters with restaurants that absolutely don’t allow it.
Just weeks before the latest franchise mission board planes to go to India, the prime minister demonetized the two bills that account for 85 percent of the cash spent on a regular basis.
“The weight of government coercion has become so heavy, it is no longer possible to ignore,” declared Andy Puzder, CEO of CKE Restaurants, who was reportedly picked today to be secretary of labor by President-elect Donald Trump. We didn’t have to go far to learn his views, because Puzder was a keynote speaker last month at the Restaurant Finance & Development Conference, presented by FT’s sister publication.
Americans think we know how to decorate for Christmas, but we can’t hold a candle to the décor at the Cinnamon Grand in Sri Lanka. Here's the next installment in Editor Nancy Weingartner's adventures on the South Asia franchise trade mission.
Editor at Large Nancy Weingartner joined the franchise trade mission to India and Sri Lanka the first week in December. Here is the first installment of her adventures in international franchising.
Sonic is a chain of drive-in restaurants, and its CFO Claudia San Pedro says interactive touchscreens in each of 18 to 24 stalls at each unit is one key to drive sales growth.
Scott Milas chatted with Franchise Times’ Beth Ewen at the Restaurant Finance & Development Conference. They discuss Wayback Burgers franchise, which touts a relatively low $300,000 to $400,000 cost to get a unit started and a stripped-down operating plan.
After waiting for months for new rules from the U.S. Small Business Administration, lenders and franchisors just received them in a surprise notice—and they’re upending the usually routine business of making government-backed loans to franchisees.
After working on our Food on Demand media project, this editor's holiday gifts will not only be delivered by a third party, they'll be reoccurring. And her gift to you is an informative e-newsletter on this demanding and disruptive new trend for restaurants and the foodservice industry.
Freshii, the Toronto-based fast-casual brand with a focus on healthy eating, announced a master franchise agreement that will add 20 new locations in Australia. In addition, it has inked a new retail partnership with Walgreens, its second big-name non-traditional partnership after signing a similar deal to add locations within Target stores.
In unveiling a range of new sustainable practices, California-based Chronic Tacos is the latest franchised brand to turn its transparency mantra into a marketing message with its new “Nothing To Hide” campaign.
In a last-minute decision, a judge in Texas has put the nationwide overtime rule on hold just days before it was set to go into effect December 1, 2016.
Whatever side of the aisle you’re on politically, most agree that the election of Donald Trump as the next President of the United States was a surprise. Like most industries (and people), franchising is trying to asses the implications of our next president, and his agenda that promises to be a significant departure from what we’ve seen under the Obama Administration.
It's been a volatile year for restaurant stocks, especially many franchised restaurant brands. But since the election, most stocks on the Franchise Times watch list have seen a dramatic lift.