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Restaurant Comps Steady for First Time in Years

The restaurant industry has been in a sorry state since traffic and same-store sales peaked in the first quarter of 2015. But January data from TDn2K shows two consecutive months of two percent or higher sales growth.
February 15, 2019, 4:21 pm

Curious List: Best Cities to Start a Restaurant

Looking at per capita income and restaurants, size of the workforce and median incomes, a restaurant equipment reseller has published its list of the 50 best U.S. cities in which to start a restaurant. Using U.S. Census Bureau and American Community Survey data, it’s a data-based ranking that’s worth a look.
February 15, 2019, 1:35 pm

New First Franchise Capital Program Supports Nonprofits

With the introduction of its Pay It Forward Program, First Franchise Capital aims to increase its community support by giving back to the communities of its clients.
February 15, 2019, 10:26 am

With Fresh Strategy, Cousins Subs Returns to Chicago

Cousins Subs is heading back to Chicago in a renewed franchise push to bring the refreshed brand back to major metros at the Cousins' periphery.
February 15, 2019, 10:18 am

11 Capture Franchise Times Dealmakers Awards

Franchise Times today announces winners of the 2019 Franchise Times Dealmakers awards, the seventh annual project recognizing the boldest players driving mergers and acquisitions in franchising.
February 14, 2019, 11:21 am

A Big New Number to Describe Joint Employer Pain

Everybody knows the National Labor Relations Board caused franchising’s biggest headache when it expanded the definition of who is a joint employer back in 2014. Now, new International Franchise Association research has put a number to the pain—$33.3 billion in lost economic output annually.
February 14, 2019, 11:14 am

With Third-party Drivers, Mountain Mike’s Changes Delivery Model

Even though Mountain Mike’s 200-plus pizza restaurants each have their own delivery team, the Newport Beach-based brand is working with DoorDash, UberEats and Grubhub to reach customers it believes wouldn’t otherwise order its food.
February 14, 2019, 9:52 am

LGBT Chamber of Commerce and IFA Form Partnership

The franchise industry is known for its outreach to specific parts of the human herd, most notably with veterans and young entrepreneurs through the VetFran and NextGen in Franchising programs. LGBT folks like myself are cheering the latest International Franchise Association partnership with the National LGBT Chamber of Commerce. On a personal level, this is wonderful to see from the franchising industry’s association of record.
February 8, 2019, 8:37 am

Supply Chain, Frozen Ground Challenges for First Sonic in Alaska

Sonic has inked a new development deal in Alaska and it's balancing big opportunity with some major challenges.
February 7, 2019, 11:37 am

Franchise Sector Gains Jobs in January, ADP Report Says

After job growth in franchising slowed overall last year, the sector started out strong in 2019, gaining 33,000 jobs in January according to the ADP National Franchise Report.
February 7, 2019, 9:39 am

‘Global Domination’ Still on the Menu at Smoke’s

There’s no forgetting a conversation with the CEO and founder of Smoke’s Poutinerie, the exceedingly colorful Ryan Smolkin. It’s been a few years since checking in with the Canadian-based poutine brand and my first mission was getting an update on the so-called global domination that’s been his stated mission since starting the company more than a decade ago.
February 6, 2019, 4:52 pm

Papa John’s, Starboard ‘Focused’ as Circus Quiets

It’s been eight months since Papa John’s founder John Schnatter resigned from his position as chairman. And the company is ready to move forward.
February 6, 2019, 11:57 am
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Conferences

RioFranchise Times Finance & Growth Conference
May 6-8, 2019
Rio, Las Vegas

Franchising's premier investment event brings together lenders, investors, franchisors and multi-unit franchisees.

 

Bellagio HotelRestaurant Finance & Development Conference
November 11-13, 2019
Bellagio, Las Vegas
Find financing and make deals at the best networking event in the restaurant industry.

 

 

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Resources

Top 200+ Franchises

The 10 largest franchise brands roared back in 2016 after losing sales the prior year for the first time in the history of the Franchise Times Top 200+. Adding an impressive $7.8 billion in combined global sales during 2016, the top 10 companies grew sales by 2.8 percent.

Vendor Directory

The Franchise Times Vendor Directory is the go-to resource for finding a partner to grow and prosper in the franchise community. This involves everything from legal support, to business services, technology and products/supplies.

Finance & Real Estate Directory

The news on the street may be that money is getting harder and harder to find, but that does't mean finance sources are. Take a look at our list of specialized lenders and pick up the phone and start the relationship.

Top Attorneys

In each April issue of Franchise Times, we feature our annual list of the industry's Legal Eagles: Franchise lawyers at the top of their game, the rainmakers, the go-to guys, adversaries and clients alike.