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McDonald's Previews 'Experience of the Future' With Delivery, Curbside Pickup

McDonald's Previews 'Experience of the Future' With Delivery, Curbside Pickup

McDonald’s included a pack of surprisingly bold McNuggets with its Investor Day in downtown Chicago earlier this week as the fast-food giant unveiled plans for meal delivery, app-based mobile ordering, curbside pickup and a “more modern, more exciting restaurant environment” as part of its new Experience of the Future restaurant concept that’s already delivering sales gains in markets outside of the United States.

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Four Foods Adds Soda Shop to Growing Stable

Four Foods Adds Soda Shop to Growing Stable

Four Foods Group has scooped up another company, The Soda Shop, from founders Chase Wardrop and Dylan Roeder, who will both retain equity in the company and serve as division presidents.

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Accounting Change Is More Dramatic Than Most

Accounting Change Is More Dramatic Than Most

A new accounting rule will change when franchisors can recognize revenue from initial franchise fees—stretching it out for the life of a development agreement rather than when the first location opens—and could mean a big hit to income statements. So warns Kevin Hein, a franchise attorney at Alexius in Denver.

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Domino’s Hits Another Homer With Q4 Results

Domino’s Hits Another Homer With Q4 Results

As reported in its Q4 2016 financial results, Domino’s Pizza grew domestic same-store sales 12.2% during the quarter, while international sales shot up 4.3%. It also opened a record 1,281 stores during the year, which includes 171 net new domestic locations.

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All the Advice That Fits in a Four-Hour Workweek

All the Advice That Fits in a Four-Hour Workweek

Would you take advice from the man who wrote the book, “The 4-Hour Workweek”? If so, then Tim Ferriss’ keynote talk at the International Franchise Association annual convention was for you. (The conference was Jan. 31-Feb. 2, and if I hadn’t cut my work week to four hours since then, I might have posted this blog earlier.*)

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Dealmakers Winners Prove Quotable in Interviews

Dealmakers Winners Prove Quotable in Interviews

“When we find an opportunity, we sort of jump all over it, and it demonstrates to folks how serious we are to grow.” So says Barry Dubin, chief development officer at KBP Foods, one of the Franchise Times Dealmakers award winners I’ve been interviewing over the last week. Here are a few more:

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Trend Transformations Rides HGTV Wave

Trend Transformations Rides HGTV Wave

It’s somewhat crazy that 'Fixer Upper,' 'Flip or Flop' and 'Property Brothers' are so popular their stars’ lives have become tabloid fodder. For Trend Transformations, an international flooring and home hard surface restoration franchise tied up with Tarek and Christina El Moussa, the drama surrounding their divorce has been outweighed by the visibility gains for their company.

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Food Halls: The Big Retail Trend of ‘17

Food Halls: The Big Retail Trend of ‘17

With as many as 150 new food halls predicted to open in the next few years, these modern day food courts with higher-end food offerings are the bright spots offsetting tough times in the retail scene as many big-name brands are facing what may be their darkest year in business.

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SBA Tweaks Lending Rule, Relieving Some Franchisors

SBA Tweaks Lending Rule, Relieving Some Franchisors

The Small Business Administration temporarily tweaked its new procedures governing lending to franchisees, to the relief of many franchisors and bankers who maintained the new rules would chill franchise lending.

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Puzder's Withdrawal Pains Franchise Supporters, but Cheers Workers' Group

Puzder's Withdrawal Pains Franchise Supporters, but Cheers Workers' Group

Just one day before his long-awaited confirmation hearing for secretary of labor, Andrew Puzder became the lone cabinet nominee to date to not get the nod, a blow to his many supporters in the franchising community who hoped the CEO of CKE Restaurants would set the department on a pro-business track. But at least one workers' group cheered.

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New Stats on Women in Franchising

New Stats on Women in Franchising

I’m all about encouraging diversity in franchising, and was pleased to see some new statistics on women in franchising from Franchise Business Review. On the whole, FBR’s numbers point to a clear majority enjoying operating the business, while barely more than half feel their work/life is balanced.

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Additional 30,000 Temps Power Valentine’s Day Surge at Edible Arrangements

Additional 30,000 Temps Power Valentine’s Day Surge at Edible Arrangements

At Edible Arrangements, Valentine’s Day is the single biggest day of the year.

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A&W Getting Back in the Game

A&W Getting Back in the Game

With fond memories of A&W root beer floats with my parents and brother when I was a kid, I’m happy to hear the news that the brand is back on the gas five years after its sale by Yum. For the first time in more than 10 years, A&W is reporting systemwide revenue and store count growth, as it kicks off a new franchise sales initiative.

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Noodles & Company Plans to Shed 55 Restaurants in Next Few Months

Noodles & Company Plans to Shed 55 Restaurants in Next Few Months

Noodles & Company, the fast casual concept struggling with declining sales for better parts of the last year, has announced plans to close approximately 55 “underperforming” restaurants in the coming months.

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Training New Drivers When Schools Won't

Training New Drivers When Schools Won't

Things have changed since most of us received our driver education training during our teenage years. What used to be within the purview of brave school teachers has now been passed off to the private sector as many school systems have cut funding for in-school driver’s ed courses. As this trend spread throughout the United States, Washington-based 911 Driving School has profited and expanded to fill the void.

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Franchise Exec Takes Unexpected Medical Detour While On the Road

Franchise Exec Takes Unexpected Medical Detour While On the Road

One of the best decisions Marc Mushkin made in his lengthy career in international franchising is not putting the 'Do Not Disturb' sign on his hotel door in Kolkata (formerly Calcutta).

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Domino’s Introduces Pizza Wedding Registry

Domino’s Introduces Pizza Wedding Registry

Just weeks after my Franchise Times cover story on Domino's, the Ann Arbor, Michigan-based pizza giant has outdone itself with a pizza wedding registry. Seriously.

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Following big gains, Captain D’s expects strong 2017

Following big gains, Captain D’s expects strong 2017

It was another terrific year for seafood franchising giant Captain D’s, as the company obtained a record-high systemwide AUV in 2016. It saw fourth quarter system wide sales increase 1.3 percent, along with a 2.3 percent systemwide same-store sales increase over the year. This marks six consecutive years of sales growth for the Nashville-based company.

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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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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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