Ace Hardware grew system sales by $3.58 billion in 2020 from the year before, a notable increase in any year but especially during the COVID-19 pandemic. Ace ranks No. 1 in largest sales growth by dollars on the newly released Franchise Times Top 400 list. See all of the top 10 franchises here.

Drew Kellogg and Stacie Colburn Hayes didn’t know it at the time, but they were each other’s references for jobs at Oath Pizza as both saw an opportunity to make a move from Chipotle Mexican Grill, which at the time had about 2,000 units, to an upstart concept with plenty of potential.

Who could’ve guessed home service brands would grow during a year with a pandemic and stay-at-home orders? The category comprised $8.4 billion in total sales in 2020, up 5.6 percent from 2019, according to Franchise Times Top 400 research. As everyone rushed to spruce up their patios and hom…

Businesses are adopting cryptocurrency at a rapid pace. Tesla, the world’s most valuable automaker, purchased more than $1 billion worth of Bitcoin in February 2021, and according to CEO Elon Musk’s Twitter account, the company still holds most of it. Square, a leading digital payments proce…

800 Degrees Woodfired Pizza is launching a franchise program with a robotic twist. Scott Berkowitz, the company’s chief development officer, said franchisees will have the opportunity to set up a network of pizza-making robots in the area around their restaurants. 

Despite fast-food and fast-casual concepts with drive-thrus generally being touted as the “winners” of the pandemic, that didn’t necessarily translate to outstanding growth for all brands across the board in 2020. The Mexican restaurant category accounted for $15.6 billion in total sales las…

Two Chick-fil-A customers are suing the chain over its “deceptive and untruthful promises” of flat, low-cost meal delivery. The complaint alleges that, in addition to the delivery fees, usually $2.99 or $3.99, the chain “secretly marks up food prices for delivery orders by a hefty 25-30 perc…

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