Franchise leaders gather at annual Faegre Baker Daniels summit to share how they work to develop and maintain a successful franchise system.
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.
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.
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."
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.
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.
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.
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.
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.
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."
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.
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.
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.”
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.
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.
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.
“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.
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.
Wyndham Hotel Group is set to become a new, publicly traded company by the first half of next year. Based in Parsippany, New Jersey, it operates or franchises more than 8,100 hotels across several brands, including Ramada, Days Inn and Baymont Inn & Suites.
They say capital’s cheap and easy these days. Because there are so many good business ideas out there, I’ll keep this brief: I’m thinking of becoming a franchisor in the cereal business down in Kentucky. Who’s coming with me?