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Conserva Irrigation Finds Women-Owned Franchises Perform Better Amid Pandemic

Conserva Irrigation is finding that its women-owned franchised territories are some of the most successful within the system, including Vanesa Ellis’s location in Northeast Florida.
July 2, 2020, 3:41 pm

NPC International Files for Bankruptcy Protection

The second largest franchise operator in the U.S., NPC International, has just filed for bankruptcy protection in a Texas bankruptcy court.
July 1, 2020, 11:28 am

Title Boxing Prez Finds Courage to Lead

Teaching classes outdoors. Making Title On Demand temporarily free. Adding plexiglass barriers and face shields. These are among the tactics at Title Boxing Club to make it through the pandemic. But President Susan Boresow says the most important element is courage.
June 30, 2020, 10:48 am

Eagle Merchant Partners Steps Into Code Ninjas

Eagle Merchant Partners is taking a stairstep approach to investing in Code Ninjas, its entry into the kids' education space. Poised to take a majority stake earlier this year, the private equity firm switched to a minority investment.
June 30, 2020, 10:11 am

Wellness Franchise Restore Attracts Investment From Level 5 Capital

The investment will help Austin-based Restore Hyper Wellness + Cryotherapy quicken the pace of its franchise growth, open more corporate locations, bolster research and development, and integrate new technology, said CEO Jim Donnelly.
June 29, 2020, 4:41 pm

As PPP Winds Down, Other CARES Opportunities Shine

The historic Paycheck Protection Program was a lifeline for a lot of franchise business, but as the program ends on June 30, the COVID-19-era financing questions are changing to how to meet the program’s forgiveness rules and what other finance options are out there.
June 26, 2020, 3:11 pm

Tune Up Franchise Sues Texas as Governor Closes Bars

Tune Up, a chain of men's barbershops that defied lockdown orders in May, is suing Montgomery County, the state of Texas and Gov. Greg Abbott, asking the court to declare unconstitutional a series of executive orders issued since March 19 aimed at containing the COVID-19 pandemic.
June 26, 2020, 11:13 am

Drybar Taps Former Taco Bell Exec Liz Williams as CEO

Calling Drybar, the blowout franchise founder Alli Webb launched in 2010 that now has 142 locations, a premium brand with a “passionate, loyal consumer base,” Liz Williams says there’s opportunity to put her international development experience to work as part of the company's growth vision.
June 26, 2020, 10:50 am

Harbin Bids $760M for GNC Amid Chapter 11 Filing

GNC had about 1,000 franchises in the U.S. and 1,949 outside the U.S. in 2019. They'll have to get in line with other unsecured creditors to be heard during the bankruptcy process, said one expert.
June 26, 2020, 9:48 am

Hand & Stone Sees Surge After Reopening, Despite High-Touch Services

Hand & Stone Massage and Facial Spa owners are seeing surges in appointment bookings at locations that hired back employees after furloughs and reopened, despite the obviously high-touch services offered.
June 25, 2020, 3:30 pm

Wingstop to Subdivide Territories, Explore Ghost Kitchens

While the COVID-19 crisis temporarily disrupted real estate operations, Dallas-based Wingstop is resuming its efforts to reach 6,000 locations, which will include a mix of traditional stores with dining rooms, delivery-only facilities in key neighborhoods and fortressing efforts to add new units in existing brand territories.
June 25, 2020, 2:12 pm

Wag N’ Wash Founders Use Social Media to Support LGBTQ+ Pride, BLM Movement

Jef Strauss and Dan Remus, the founders of Wag N’ Wash Natural Pet Food & Grooming, took to social media to express their support for LGBTQ+ Pride and the Black Lives Matter movement.
June 24, 2020, 4:16 pm
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