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Krystal Officially Announces New Ownership, Leadership

Krystal officially announced that it was under new ownership and new management, a week after a bankruptcy court approved a deal with senior lender Fortress Investment Group.
May 22, 2020, 2:42 pm

BurgerFi Joins Reef Kitchens in Delivery-Only Expansion

BurgerFi will expand via Reef Kitchens to markets such as Seattle, Nashville, Minneapolis and Houston, where Reef Technology owns parking facilities that house its delivery-only kitchens.
May 22, 2020, 10:38 am

CorePower Yoga Lawsuit One to Watch for Failed M&A Deals During COVID-19

Litigation is swelling from deals whose failure is being blamed on COVID-19, and how the Delaware Chancery Court rules on a CorePower Yoga franchisee lawsuit against the franchisor will be key to future cases.
May 21, 2020, 4:44 pm

Franchise Finance After the Dust Settles—Wrap-Up Webinar

Sale-leasebacks of real estate, mergers & acquisitions, credit availability and other finance topics are the focus of a webinar today presented by Franchise Times, Restaurant Finance Monitor, Food on Demand and Foodservice News.
May 21, 2020, 2:45 pm

Traffic Surges in Some Sectors, but Year-Over-Year Trends Dismal

As many more states plan to reopen in some capacity, the data from those that took the lead is not exactly encouraging.
May 21, 2020, 12:01 pm

What to Do When Franchisees Defy Shutdown Orders

Tune Up-The Manly Salon's CEO Anthony Milton led his system in defiance of the governor's order in Texas that shut down barbershops longer than other businesses. Many attorneys recommend franchisors take swift action against such violations, as happened with an Anytime Fitness operator in Texas and a Rosati's store in Illinois.
May 21, 2020, 10:37 am

Here’s How 3 Franchises Approach Data Privacy During COVID-19

From taking temperatures to screening questionnaires, execs from The Lash Lounge, Dave’s Hot Chicken and BrightStar Care share how they’ve approached the issue of data privacy as they’re implementing safety technology during COVID-19.
May 20, 2020, 5:07 pm

As Restaurants Reopen, Employee and Guest Safety Comes First

'Learning' is the operative word for navigating the COVID-19 pandemic, and attendees of today’s Franchise Times webinar were able to learn from panelists as they discussed the new normal in hiring and keeping employees safe.
May 20, 2020, 4:42 pm

Tips for Welcoming Back Restaurant Staff and Customers

As states start allowing dining rooms to reopen, how do restaurant owners keep employees and customers safe? Here are best practices and tips from industry experts on getting back to business.
May 19, 2020, 4:20 pm

As Freddy’s Reopens Dining Rooms, Off-Premises Focus Remains

While its drive-thrus remain a crucial way for customers to access Freddy’s Frozen Custard & Steakburgers, the brand also quickly shifted what was a limited test of third-party delivery at a couple dozen locations to a full-fledged rollout across the system. A new mobile ordering initiative is also in the works.
May 19, 2020, 11:00 am

What’s Working for Franchise Off-Premises During COVID-19?

States are reopening, but major challenges persist for all restaurants out there, maintaining the need for strong delivery and off-premises operations.
May 18, 2020, 4:54 pm

Market Share Data Gives COVID-Era Look at Delivery Players

In a new look at more than 190,000 transactions through April, Edison Trends showed off its recent market share snapshot of third-party restaurant delivery platforms. In essence, trends continued, perhaps magnified slightly by the pandemic. As more people tried delivery for the first time, they piled on to well-known brands.
May 18, 2020, 4:03 pm
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