Edit ModuleShow Tags
Edit ModuleShow Tags

April 2020

Edit ModuleShow Tags


Covers everything from good news to bad judgment
Restoration 1 Lands New Investors, Standing Out Amid M&A Pause

Restoration 1 Lands New Investors, Standing Out Amid M&A Pause

Restoration 1 and Bluefrog Plumbing + Drain landed a majority investment from MPK Equity Partners and Princeton Equity Group, standing out when COVID-19 woes have paused or scuttled many mergers and acquisitions.

Comments

Restaurant CEOs Discuss the Return of Dine-In Service

Restaurant CEOs Discuss the Return of Dine-In Service

“I think people are ready now. They wear the masks, they bring their little tube of Clorox wipes, they don’t touch the handles … everybody is really, I think, pretty focused on it,” said Jersey Mike’s CEO Peter Cancro, speaking April 29 during a webinar hosted by FT sister publication The Restaurant Finance Monitor.

Comments

SBA Discriminates Against Franchises Seeking PPP Loans, Lawsuit Says

SBA Discriminates Against Franchises Seeking PPP Loans, Lawsuit Says

The Small Business Administration has discriminated against "franchised businesses in general and commercial cleaning franchises in particular" by "unlawfully restricting eligibility for loans" under the temporary Paycheck Protection Program, says a lawsuit filed in federal court in Washington, D.C.

Comments

Reopening a Conundrum Across Limited-Service Spectrum

Reopening a Conundrum Across Limited-Service Spectrum

As more states, areas and entire regions attempt to return to normal, limited-service restaurants have to navigate a lot of complexity.

Comments

College Hunks Offering No-Cost Moves to Domestic Violence Survivors

College Hunks Offering No-Cost Moves to Domestic Violence Survivors

As millions of people across the U.S. hunker down at home to slow the spread of COVID-19, domestic violence rates have skyrocketed as abuse victims are trapped at home with their abusers. College Hunks Hauling Junk & Moving is offering free moving services to anyone experiencing domestic violence.

Comments

Franchisee Group Sues Urban Air Over Rising Costs

Franchisee Group Sues Urban Air Over Rising Costs

A group of franchisees is suing Urban Air Adventure Park, claiming changes to the family entertainment brand are adding untenable costs to their operations that were never disclosed in the FDDs when they signed.

Comments

As Franchises Prepare to Reopen, Expect Scrutiny

As Franchises Prepare to Reopen, Expect Scrutiny

Lorne Fisher, CEO of franchise public relations and marketing firm Fish Consulting, said close consultation and communication with franchisees and all stakeholders, including employees, customers and suppliers, is crucial as businesses begin formulating their plans to reopen. “And safety has to be the main message,” he said.

Comments

CEO of NYC-based Delivery.com: This Is Our 9/11

CEO of NYC-based Delivery.com: This Is Our 9/11

New York City-based Delivery.com is national in scale through a franchise model, but smaller than rivals such as DoorDash, Uber Eats and Postmates. From its vantage point, it is seeing a tale of two cities as the pandemic hammers both car-based suburban markets, which are somewhat insulated, and large cities like NYC, where some merchants wonder if urban life can ever return to the way it once was.

Comments

 Employee Rally Calls Out Caribou Coffee’s COVID-19 Response

Employee Rally Calls Out Caribou Coffee’s COVID-19 Response

Caribou Coffee workers in Minnesota shut down the drive-thru lane of a location in protest of the company's COVID-19 response. Similar protests and rallies in California have targeted fast food brands such as McDonald's, Burger King, Taco Bell and Domino's.

Comments

Pigtails & Crewcuts Franchise Details Plan to Reopen in Georgia

Pigtails & Crewcuts Franchise Details Plan to Reopen in Georgia

Hair salons were allowed to open last Friday in Georgia, the first state to loosen that part of its lockdown order. But Pigtails & Crewcuts operators sat it out and will wait to reopen until one week after the corporate store in Atlanta does so May 4.

Comments

As New PPP Funds Flow, Perils Await—Wrap-Up Webinar

As New PPP Funds Flow, Perils Await—Wrap-Up Webinar

Paycheck Protection loans may offer a lifeline to restaurant owners, but borrowers should take care to understand the program's still-changing requirements, said panelists on the fifth of five Restaurant Recovery Week webinars.

Comments

How to Reopen Is Top Topic on Today's How-to Webinar

How to Reopen Is Top Topic on Today's How-to Webinar

With restaurants cleared to reopen Monday in Georgia, the first state to loosen the lockdown, talk turned to that more hopeful yet still daunting challenge amid COVID-19, as panelists on today's Restaurant Recovery Week webinar discussed.

Comments

Grocery Sales Help Restaurants Keep the Lights On

Grocery Sales Help Restaurants Keep the Lights On

As traffic trickles in, many restaurants are looking to grocery operations to bridge the sales pit.

Comments

How Restaurants Can Survive and Thrive—Webinar Recap

How Restaurants Can Survive and Thrive—Webinar Recap

Independent restaurants expect to be hit the hardest by the pandemic, but they are also in the unique position to quickly pivot to stay afloat amid shutdowns and successfully stay open after.

Comments

Fires, Pandemic Don’t Stop Mountain Mike’s Operator

Fires, Pandemic Don’t Stop Mountain Mike’s Operator

“For my family and Chandi Hospitality, we’ve been through a lot,” said Sonu Chandi, president of Chandi Hospitality, an area developer for Mountain Mike’s. The group just opened its newest location April 15.

Comments

Earth Day: How Franchises Prioritize Eco-friendly Practices

Earth Day: How Franchises Prioritize Eco-friendly Practices

Despite devastating economic impacts, the lockdowns from COVID-19 have resulted in decreased air pollution all around the world, giving residents of even highly polluted cities cleaner air. Meanwhile, a few environmentally focused franchises are reflecting on their best practices on the 50th anniversary of Earth Day.

Comments

Lease Negotiation Tactics for COVID-19 Relief

Lease Negotiation Tactics for COVID-19 Relief

One of the largest fixed costs in a restaurant is rent and it’s become a sword of Damocles hanging over operators looking to weather the storm without breaching their lease.

Comments

Jimmy John’s Franchisee Sends Free Meals to VA Hospital Staff

Jimmy John’s Franchisee Sends Free Meals to VA Hospital Staff

Wyatt Batchelor and his partners at MBN Brands, operators of 23 Jimmy John’s shops, decided to launch #WeGotYour6, an effort to provide meals to workers at VA hospitals near their restaurants in the Denver area, along with Salt Lake City and markets in Arkansas and Missouri.

Comments

Dale Carnegie Training Invests Heavily to Launch Virtual Classes

Dale Carnegie Training Invests Heavily to Launch Virtual Classes

Dale Carnegie Training, a global franchise with 200 operations in 86 countries, had warning signs from countries hit the earliest by COVID-19. Its quick pivot to online vs. in-person classes was possible because of heavy investment.

Comments

Travel Franchises Market to Daydreamers During COVID-19

Travel Franchises Market to Daydreamers During COVID-19

As third-party online travel agencies are scrambling to handle an unprecedented amount of calls and requests to cancel due to COVID-19, many customers are experiencing problems with hours of wait time and delayed or no refunds. For independent travel agents and franchises such as Dream Vacations and Cruise Planners, now is their time to shine as they’re showing personalized customer service and offering creative solutions for travelers.

Comments

Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags
Edit ModuleShow Tags


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.

Laura MichaelsLaura Michaels is editor of Franchise Times. She can be reached at 612.767.3210, or send story ideas to lmichaels@franchisetimes.com.
 
Beth EwenBeth Ewen is senior editor 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.
 
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.
 

Archives

Categories

Feed

Atom Feed Subscribe to the Franchise Times News Feed »

Recent Posts