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November 2019

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Covers everything from good news to bad judgment
Going Behind the Scenes on Ghost Kitchen Economics

Going Behind the Scenes on Ghost Kitchen Economics

On the third day of the Restaurant Finance & Development Conference in Las Vegas, execs from Kitchen United, Sweetberry Bowls and Dog Haus went behind the scenes on the economics and other details for restaurants now operating within delivery- and takeout-only kitchens.

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Chicken Guy Building Management Coop

Chicken Guy Building Management Coop

Guy Fieri's new Chicken Guy concept is clucking right along with a growing management team and development pipeline.

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Convenience, Experience Are Must-Haves, Restaurant Investors Say

Convenience, Experience Are Must-Haves, Restaurant Investors Say

Convenience, quality and experience. These are the three key drivers impacting not only how restaurants are evolving and investing in themselves but also “how the investor community is viewing where they want to place capital,” said Anish Gandhi, managing director at investment banking firm Brookwood Associates, who spoke on a panel today at the Restaurant Finance & Development Conference.

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ShopoGraphics as the Holy Grail of Real Estate

ShopoGraphics as the Holy Grail of Real Estate

Presented in a quick 7 minutes during the Around the Industry segment on day two of the Restaurant Finance & Development Conference, Paul Sill, founder of Forum Analytics, dove into the concept of what his firm calls ShopoGraphics. It's a deeper way of looking at the pros, cons, opportunities and challenges of retail sites.

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For Restaurants, the Value Equation Keeps Changing

For Restaurants, the Value Equation Keeps Changing

Value is a tricky thing to measure because it’s changing for everyone. But during the 2019 Restaurant Finance & Development Conference this week, Growth Partners Retail President Neil Culbertson laid out attributes that go into the value equation for consumers that goes well beyond price.

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‘Never a Dull Day’ for Dunkin’ CFO Plus Others on Panel

‘Never a Dull Day’ for Dunkin’ CFO Plus Others on Panel

Today started with a bang for Kate Jaspon, the CFO of Dunkin’ Brands, as Dean Foods filed for Chapter 11 bankruptcy protection. Dean Foods supplies ice cream to Baskin Robbins (8,000 stores under the Dunkin’ umbrella) and dairy products to Dunkin’ (13,000 stores formerly known as Dunkin’ Donuts.)

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Little Caesars Targets International Markets in Next Growth Phase

Little Caesars Targets International Markets in Next Growth Phase

As it actively pursues growth abroad, Mike Therrian, director of international development, said Little Caesars is looking to partner with operators of existing QSR or retail concepts, and views itself as a complementary brand and one with a sustainable business model.

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Robots, Ants and Biometrics are the Future of Dining, Says RFDC Speaker

Robots, Ants and Biometrics are the Future of Dining, Says RFDC Speaker

The future of fine dining is here and it features—wait for it—bugs, worms and ants, according to Daniel Del Olmo, founding partner of The Passionality Group, speaking at the Restaurant Finance & Development Conference today.

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A Kiss, Toilet Paper and Other Signs of Recession

A Kiss, Toilet Paper and Other Signs of Recession

Brian Belski, chief investment banking strategist at BMO Capital Markets, strode onto stage and planted a large smooch on his fellow panelist’s cheek, David Rosenberg, chief economist at Gluskin Sheff. From there, the two economists with contrasting points of view were off on a lively discussion on opening day of the Restaurant Finance & Development Conference.

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MOD Pizza’s Founders Talk Purpose, Profits at RFDC

MOD Pizza’s Founders Talk Purpose, Profits at RFDC

MOD Pizza’s founders are doubling down on their efforts to employ the underemployed at their 470-store pizza chain, most recently focusing on people with intellectual and developmental disabilities, said Ally and Scott Svenson on opening day of the Restaurant Finance & Development Conference.

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After Xponential Buy, a Year of Change at Pure Barre

After Xponential Buy, a Year of Change at Pure Barre

Sarah Luna became president of Pure Barre in November 2018 after it was acquired by Xponential Fitness. She's put franchisee support at the center of her growth plans with a goal of bringing stability to the brand.

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In Test, Workout Anytime Reaches Billboard CPMs in Digital

In Test, Workout Anytime Reaches Billboard CPMs in Digital

Workout Anytime found some major efficiencies with a new digital ad program that slashed CPMs, or cost per mille, a measure of ROI in digital advertising.

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CEO’s Out, Hemp’s In as Edible Founder Calls For 'Grit'

CEO’s Out, Hemp’s In as Edible Founder Calls For 'Grit'

In July 2018, Edible Arrangement’s founder deemed its first outside CEO, Mike Rotondo, “perfect for the role.” Now Rotondo’s out, Tariq Farid has reclaimed the chief executive’s job and he’s taking the brand known for fresh fruit bouquets down new paths, including hemp-farming and cannabis.

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Chicken Salad Chick’s New Owner Says Don't Go Changin'

Chicken Salad Chick’s New Owner Says Don't Go Changin'

Chicken Salad Chick has a much larger majority investor, Brentwood Associates with its $2.4 billion fund buying out Eagle Merchant Partners, but CEO Scott Deviney believes it will be “business as usual, luckily” at the 137-plus Southeast-based restaurant chain.

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Chris Kempczinski Named McDonald's CEO in Leadership Shakeup

Chris Kempczinski Named McDonald's CEO in Leadership Shakeup

In a surprise announcement on Sunday night, McDonald’s said that Chris Kempczinski would take over as president and CEO of McDonald’s immediately.

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Club Pilates Inks Major Deal in South Korea

Club Pilates Inks Major Deal in South Korea

“It’s a continuation of our goal to bring Pilates to the masses,” said Club Pilates President Shaun Grove of a master franchise agreement signed with Seoul-based XFactor Fitness Limited.

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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 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.
 
Laura MichaelsLaura Michaels is 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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