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J.P. Morgan Expands Coverage of Franchise and Restaurant Clients, Launches Dedicated Industry Group

J.P. Morgan’s Commercial Bank has announced the launch of the Franchise and Restaurant Group within its Middle Market Banking & Specialized Industries business and has appointed Michael Pura to lead the effort.

UK, China Named Most Attractive Markets for International Growth

There are a lot of brands pondering global growth, and scholars say the U.K. and China are especially attractive depending on the goals.

Tough Mudder Splits Off Bootcamp Business

Will Dean, founder of CEO of Tough Mudder Inc., announced that the company is in the process of securing a capital investment that will include spinning off the upstart fitness business, Tough Mudder Bootcamp, into a separate enterprise from the well known, action-packed endurance events held across the globe.

‘Cute Doesn’t Cut It’ When Telling Your Brand’s Story

It’s important to tell your brand’s story online, which is where essentially all potential franchisees begin their search, points out Joseph Mathews, CEO of Franchise Performance Group, during the IFA's Emerging Franchisor Conference. And serious candidates want serious information.

Franchisors Are Like Good Parents, Ben & Jerry’s Exec Says

At the Emerging Franchisor Conference in Miami, young and established brands alike share their experience and advice, including being clear about the "never evers."

Xponential Adds Pure Barre to Fitness Brand Portfolio

With more than 500 studios in the United States and Canada, Pure Barre is the seventh brand to join Xponential Fitness, the parent company founded in 2017 by Anthony Geisler and backed by Snapdragon Capital to grow specialty fitness brands.

COO Part of Prize in Painting with a Twist Purchase

Painting with a Twist gained 20 units in nine states when the New Orleans-based brand acquired Bottle & Bottega, but that wasn’t the biggest prize from the transaction. That would be Nancy Bigley, co-founder and CEO of Bottle & Bottega, who will now be COO of the much bigger brand.

UK Survey Firm Yumpingo Aims for Actionable Data Only

There’s nothing like opening up a survey, any survey, and seeing a massive list of personal questions. Is this the doctor’s office or a French fry survey?

Ivan Orkin Is ‘Gift of a Client’ for New Corlex Capital

The first deal out of the gate for Corlex Capital is a doozy—the new private equity firm has signed Ivan Orkin, the celebrity chef known as the king of ramen, to develop and scale his new as-yet-unnamed concept, attract investors and ultimately franchise it, says Jeffrey Kolton.

Franchised Dog Bar Spurs Infinite Ideas

Mutts Canine Cantina is a Texas-based franchise that’s a hybrid between a bar/restaurant and a dog park. As an enthusiastic dog owner, this spurs a blizzard of new franchise ideas.

Hangin’ Tough with Emory Law Prof, Ex-Holiday Inn Counsel

Third-year law students at Emory University School of Law in Atlanta filed into Mort Aronson’s class this week on a late Wednesday afternoon, as they have every fall semester for the past 24 years, and I was there as guest speaker to witness the sweet rapport he has with students.

After Exit, Liberty Tax Founder Plans Launch No. 3

John Hewitt, founder of Jackson Hewitt and Liberty Tax Service, is planning a third launch of a tax prep franchise in March, when his non-compete expires, under the Loyalty Brands umbrella. "It was the worst battle ever," he said about the tumultuous past 18 months at Liberty Tax.

Is Dunkin’ the New IHOB?

Dunkin’ ditching Donuts (in name only) seems like one of those reincarnations we may look back on with a laugh in future years. I’m skeptical the company can achieve its objective of being a beverage-focused brand with a lame new name.

Free Week Helps Black Bear Increase Delivery Awareness

Many restaurant franchises now have digital delivery options, but customers may be unaware of their array of choices. Black Bear Diner, a California-based family restaurant concept, rolled out its new partnership with third-party delivery brand DoorDash by offering guests an attention-getting full week of free delivery.

Survey: QSR Operators See Sales Soften Further in Q3

In a new partnership with Franchise Times, investment bank Cowen did a quick check-in on third-quarter results with a collection of franchisees across the country.

Church’s Advisory Council to Tackle ‘How’ of Brand Goals

As some restaurant brands deal with contentious relationships with their franchisee associations, Church’s Chicken wants to enhance collaboration between corporate leadership and operators, forming an Excellence Advisory Council to help address improvements to the system.

Is Gen Z a Restaurant Worker Goldmine?

Just when the restaurant industry has figured out what millennials want, the next crop of employees is coming up.

Ex-NFL Star Growing Stacked Pickle Affordably

Like he focused on the block and tackle, Indianapolis Colts Super Bowl champion linebacker Gary Brackett is laser focused on ROI.

Australia Next as Abrakadoodle Expands Internationally

Denise Wang and Chris Li are banking on art education's global appeal as they launch Abrakadoodle in Australia. The couple already has experience in franchising, having brought the My Gym brand to Sydney last year.

Most Burger Chains Flunk Antibiotics Scorecard

A new report co-authored by a handful of public interest organizations doles out failing grades to 22 of the 25 largest burger chains in the U.S. because of their continued use of antibiotics in the beef they sell. While there’s no questioning the added expense of going antibiotic free, this kind of negative press does the franchised restaurant industry no favors.

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Covers everything from good news to bad judgment

About This Blog

The latest news, opinions and commentary on what's happening in the franchise arena that could affect your business.

Tom KaiserTom Kaiser is senior editor of Franchise Times. He can be reached at 612.767.3209, or send story ideas to tkaiser@franchisetimes.com.
 
Beth EwenBeth Ewen is editor-in-chief of Franchise Times. She can be reached at 612.767.3212, or send story ideas to bewen@franchisetimes.com.
 
Nicholas UptonNicholas Upton is restaurants editor at Franchise Times. He can be reached at 612.767.3226, or send story ideas to nupton@franchisetimes.com.
 
Laura MichaelsLaura Michaels is managing editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Mary Jo LarsonMary Jo Larson is the publisher of Franchise Times Magazine and the Restaurant Finance Monitor.  You can find her on Twitter at
 twitter.com/mlarson1011.
 

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