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February 2020

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Covers everything from good news to bad judgment
Franchise M&A Tips From FT Dealmakers Winners

Franchise M&A Tips From FT Dealmakers Winners

Everybody wants a piece of the franchise M&A pie. Our interviews with the Franchise Times Dealmakers award winners reveal five franchise M&A best practices.

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U.S. Tim Hortons Franchisees Sue RBI Over Supply Costs

U.S. Tim Hortons Franchisees Sue RBI Over Supply Costs

The Great White North Franchisee Association-USA is suing Tim Hortons USA and parent company RBI, alleging an “illegal and fraudulent business scheme” that aims to “convert the Tim Hortons franchise supply system into a supply chain business disguised as a franchise system.”

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Sanders' Pot Vow Boosts Cru Hemp Lounge, Weed Franchises

Sanders' Pot Vow Boosts Cru Hemp Lounge, Weed Franchises

Bernie Sanders’ declaration about marijuana during the Democratic presidential candidates’ debate this week was a boost to Dennis McKinley. “I just heard Bernie Sanders say, if I’m elected, it will be legal,” said McKinley, who owns two cannabis franchises—Cru Hemp Lounge and Carolina Hemp Company—with business partner Greg George.

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Sprouts Out at Jimmy John’s Following FDA Censure

Sprouts Out at Jimmy John’s Following FDA Censure

The FDA sent out a rare public letter to Jimmy John’s, censuring the company over its response to a handful of foodborne illness outbreaks.

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Clean Your Dirty Face Educates 'Skincare Virgins'

Clean Your Dirty Face Educates 'Skincare Virgins'

Shama Patel launched Clean Your Dirty Face in 2015, a clean beauty facial bar amid a highly competitive beauty and wellness sector of franchising.

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4 Lessons in Franchise Resales

4 Lessons in Franchise Resales

If signing a franchise agreement is akin to marriage, as the frequent analogy goes, does that make a franchise resale the divorce? That’s not the right attitude for franchisors, who should instead understand that resales are a natural part of the life cycle of a brand, and addressing them early will make for a smoother transition for all involved.

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Ike’s Love & Sandwiches Lands Multi-Unit Denver Deal

Ike’s Love & Sandwiches Lands Multi-Unit Denver Deal

In its marketing materials, Ike’s Love & Sandwiches likes to say it has a “cult-like following” of fans and celebrities, a following it’s now turning into franchisees.

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Men’s Groomer Hammer & Nails Looks to Double Up for Years

Men’s Groomer Hammer & Nails Looks to Double Up for Years

Once they come in to get a mani or pedi, men begin to understand the need for self care, says the president of Hammer & Nails, and that's driving explosive growth.

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Launch Near for New Franchise, Ace Handyman Services

Launch Near for New Franchise, Ace Handyman Services

Ace Hardware is two weeks away from re-launching its new franchise, to be called Ace Handyman Services after an acquisition last September, and has hammered out details about one of 2020’s most intriguing new offerings in an amended franchise disclosure document.

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Signature Dish Steals Show at Chicken Salad Chick 150th Opening

Signature Dish Steals Show at Chicken Salad Chick 150th Opening

The first guest in line for the grand opening today of Chicken Salad Chick in Baton Rouge, Andrew Doan, showed up at 5 p.m. the evening before, slept in his camp chair and waited out the drizzle until opening time 10:30 a.m. Wednesday.

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How Stumpy’s Became America’s First Indoor Hatchet Throwing Franchise

How Stumpy’s Became America’s First Indoor Hatchet Throwing Franchise

Will axe throwing have the same staying power as bowling? Stumpy’s Hatchet House seems to think so.

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Famous Dave’s Parent to Buy Granite City Out of Bankruptcy

Famous Dave’s Parent to Buy Granite City Out of Bankruptcy

In its first big deal, BBQ Holdings Inc., the parent company of the Famous Dave’s franchise, will buy fellow Minnesota-based chain Granite City Food and Brewery. The acquisition of the 25-unit casual dining concept comes two months after Granite City filed for Chapter 11 bankruptcy protection.

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As Growth Explodes, Chicken Salad Chick Sticks to ‘Secret Sauce’

As Growth Explodes, Chicken Salad Chick Sticks to ‘Secret Sauce’

Now at 150 locations, Chicken Salad Chick had a good 2019 and it’s looking like a good 2020, too. But as the good times roll, CEO Scott Deviney said a key part of his job is keeping the concept feeling like it did at 15 locations.

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Tips From Top Brands on Improving Franchisor-Franchisee Relationship

Tips From Top Brands on Improving Franchisor-Franchisee Relationship

Experts from haircutting franchise Sports Clips, home service parent company Neighborly, and women-only kickboxing circuit 30 Minute Hit converged for a panel on building trust and engagement with your franchisees at the International Franchise Association convention in Orlando. Here are their top tips, ranging from surprisingly simple to easier-said-than-done.

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If the KFC X Crocs Shoes Fit, Wear ‘Em

If the KFC X Crocs Shoes Fit, Wear ‘Em

Broke fashionistas, this one's for you: Kentucky Fried Chicken X Crocs Clogs are billed as this spring’s hottest shoe, looking like a bucket of KFC chicken and complete with two removable charms that look like a fried drumstick.

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Detail Garage VP Calls Lawsuit ‘Distressing,’ Touts the Positives

Detail Garage VP Calls Lawsuit ‘Distressing,’ Touts the Positives

Detail Garage VP John Mansfield gave a general defense against allegations in a sweeping lawsuit filed in California District Court in late January, but did not address specific claims made in Cardinal Investments One v. Detail Garage.

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Clean Water Franchise Jibu Grows to Eight Countries in Africa

Clean Water Franchise Jibu Grows to Eight Countries in Africa

I caught up with Galen Welsch at the International Franchise Association convention in Orlando to get an update on the status of Jibu, a social franchise providing clean drinking water in Africa.

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Return of Colonel Sanders Helps KFC Climb Back From ‘Rock Bottom’

Return of Colonel Sanders Helps KFC Climb Back From ‘Rock Bottom’

Speaking today at the IFA Convention in Orlando, Kevin Hochman, who as chief marketing officer in 2015 was part of the campaign to resurrect the Colonel, shared how KFC revamped its strategy in the face of slumping sales and franchisee unrest.

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Popeyes’ Game Changer: 393 Million Reasons to Innovate

Popeyes’ Game Changer: 393 Million Reasons to Innovate

When Popeyes chicken sandwich launched, it was clearly a phenomenon and shows yet again that when brands innovate, good things happen.

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CaliBurger’s First Futuristic Location Two Months In

CaliBurger’s First Futuristic Location Two Months In

For two months, a CaliBurger operator has been plugged into the company's “restaurant operating system." So far, so good.

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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.

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.
 

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