Bennigan’s CEO and his wife, Paul and Gwen Mangiamele, this week bought the casual dining chain, renamed its parent company to Legendary Restaurant Brands, and will bring back the storied Steak and Ale to boot—“of which there are zero today,” Paul said.
DavCo slapped back this week against Wendy's lawsuit filed in December, claiming franchisees "stand to make little or no return on their investment" in the franchisor's mandated remodeling program, and claiming Wendy's demands could bankrupt the company.
During the final day of Franchise Expo South we sat down with Tom Portesy of MFV Expositions to discuss the show’s future, impacts of the internet and what’s coming in New York City.
Last week’s Franchise Expo South was my first trip in my new gig as assistant editor at Franchise Times. Not knowing what to expect in a new world, it was more invigorating than typical three-day stints at a convention center.
Martin Sprock, co-founder of Moe’s Southwest Grill and Raving Brands, says he’s back in the franchise sales business after a federal judge last week rejected “100 percent” of the claims against his system.
With big ambitions and a $20 million war chest to fund his national expansion, Franchise Times caught up with Richards about the company’s post-IPO progress, his view on franchised medical care and how his company is revolutionizing chiropractic care — an $80 billion industry.
Founder Fred DeLuca remains at the helm of Subway, but his younger sister, Senior Vice President Suzanne Greco, is taking on more leadership duties, a company spokesman said in a statement that countered a New York Post report yesterday.
Bruce Dean, CEO of Black Bear Diner, gave one of 40 insightful responses when Franchise Times set out to learn how the smartest-growing brands in franchising soar above the rest. We’re proud to present the second annual Franchise Times Fast and Serious list, the only ranking to report the franchisors growing quickly, yes, but in a sustainable way.
Franchise Times today announces winners of the 2015 Franchise Times Dealmakers awards, the third annual project recognizing the boldest players driving mergers and acquisitions in franchising.
We recently spoke with CEO Chuck Pistor on a variety of topics including what to ask yourself before getting into franchising, his company’s greatest opportunities in the current economy and how he’s increased the number of franchisees by more than 300 percent since buying the company 18 years ago.
John R. F. Baer, an attorney with Greensfelder in Chicago, died January 29, after a long battle with cancer. A memorial service is planned for 11 a.m., February 9, at U.S. Cellular Field, the home of the Chicago White Sox, a team Baer was a rabid fan of.
A poem about the recent McDonald's CEO ouster from John Hamburger, president of Franchise Times Corp.
Tariq Farid, founder of Edible Arrangements, was a techie long before he started his fruit bouquet franchise. Now he’s returned to his roots by launching a new technology company, Naranga.
Sunil Dharod, a long-time Applebee’s franchisee in Dallas with 69 stores, now owns a brand of his own: the Roy’s Restaurant chain, started in 1988 by chef Roy Yamaguchi in Honolulu.
Focus on white-collar careers, improving job market creating widespread technician shortage in the auto repair and collision repair industries.
"You either punch and counterpunch, or you get your rear end handed to you," said Steve Caldeira, CEO of the International Franchise Association, in Minneapolis Tuesday, about his aggressive stance against the NLRB holding McDonald's jointly responsible with franchisees for alleged labor violations.
Local franchise business owners around the country watched the State of the Union with eyes and ears focused on the administration's job-creation and small business message.
“We are exactly two hours into this new adventure, and it’s going great so far. It’s going to be a wonderful and fun ride.” So said Susan Beth, formerly known as Susan Black-Beth, on January 19 about her new job. She’s the operating partner at NRD Capital in Atlanta, the franchisee-controlled private equity fund launched by Aziz Hashim last August that is now gaining steam.
The restaurant industry is embracing the EB-5 program as a way to gain investors, says Dennis Monroe, Monroe Moxness Berg law firm, in a new video with Franchise Times.
Roark Capital Group in Atlanta has a big, new war chest to acquire companies—it raised $2.5 billion to close its Fund IV at the end of 2014.