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September 2015

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Covers everything from good news to bad judgment
Dunkin' Donuts Announces 100 Store Closures as Sales Slow

Dunkin' Donuts Announces 100 Store Closures as Sales Slow

Shares of Dunkin' Donuts fell more than 12 percent after the Canton, Massachusetts-based coffee chain announced the closure of 100 stores amid lower-than-projected EPS and a slowdown in same-store sales and customer traffic.

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Taco Bell's New City Concept

Taco Bell's New City Concept

By ditching the drive-thru, tweaking the menu, adopting a fresher design and adding alcohol, Taco Bell is offering city dwellers a much more modern version of itself.

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Cresanti Takes CEO Spot at IFA, Replacing Caldeira

Cresanti Takes CEO Spot at IFA, Replacing Caldeira

Robert Cresanti, the International Franchise Association’s top lobbyist, is now its new president and CEO and is expected to continue the trade association’s aggressive fight against what it calls attacks on the franchise business model. Cresanti replaces Steve Caldeira, who resigned after failing to reach terms on a new contract. Caldeira’s tenure began in 2010.

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A Pretzel of a Tale

A Pretzel of a Tale

Most companies have an interesting backstory, but Ben’s Soft Pretzels has one that’s more charming than most. Ben Miller, an Amish baker in northern Indiana, ran a bakery stand at farmer’s markets across northern Indiana. After given opportunity to buy a neighboring flea marketer’s pretzel company, he leapt at the chance, but ended up having to invent his own recipe. And so, Ben’s Soft Pretzels was born.

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Packing A Lot Into an International Trade Mission

Packing A Lot Into an International Trade Mission

Conventional wisdom on the franchise trade missions is that you pack light in order to avoid checking bags.

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Smaller Brands Take up Slack when Franchise Giants Stumble

Smaller Brands Take up Slack when Franchise Giants Stumble

For the first time since the Franchise Times Top 200+ list began in 1999, some of the very largest brands in franchising stumbled, as readers will learn when we publish the massive annual project October 1. But we couldn’t help but give you a sneak peak at the flip side as well—many smaller brands picked up the slack with some eye-popping statistics.

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Papal Knot is Philly Preztel Factory's Tribute to Pope

Papal Knot is Philly Preztel Factory's Tribute to Pope

As Pope Francis wraps up his time Friday in Washington, D.C., and prepares to head to Philadelphia for the weekend, the folks at Philly Pretzel Factory are gearing up, too. They’ve created a special pretzel dubbed Papal Knots, and hope the pontiff will want a sample.

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Latin America Trade Mission: Transporting brands to Costa Rica

Latin America Trade Mission: Transporting brands to Costa Rica

If international expansion’s not for sissies, then international trade missions aren’t for whiners.

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The Value of Playing it Safe

The Value of Playing it Safe

While in VW’s case it took a crack team of West Virginia scientists to uncover its years of deceit, while 500,000 of its sporty little diesels spewed excessive NOx into the air, many brands—especially foodservice—are one little discovery, disgruntled employee or news story away from public scorn.

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A Strange, Rusty Rebranding

A Strange, Rusty Rebranding

People hate change, and I am one of them. Whether it’s a new version of a car or a company I like changing their name, I’m often skeptical and longing for things the way they used to be.

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Native Grill Lands Private Investment Deal to Fuel Growth

Native Grill Lands Private Investment Deal to Fuel Growth

Dan Chaon, CEO of Native Grill & Wings, put together an unusual group of private investors, including himself, to purchase the system this week and set it up for more rapid growth.

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Plaintiffs' Attorney Lends Star Power to Seattle Lawsuit

Plaintiffs' Attorney Lends Star Power to Seattle Lawsuit

There was “a little bit of star power” in the Ninth Circuit Court of Appeals earlier this month, in the form of plaintiffs' attorney Paul Clement, in the latest chapter of the IFA v. Seattle lawsuit over the mandated $15 minimum wage.

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Subway's Fred DeLuca dies at 67

Subway's Fred DeLuca dies at 67

Fred DeLuca, the co-founder of the largest restaurant chain by units in the world, Subway, died Monday at the age 67, just weeks after celebrating his company’s 50th anniversary.

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DLA Piper Adds Practical Take to Browning Ferris Ruling

DLA Piper Adds Practical Take to Browning Ferris Ruling

Multiple law firms have weighed in since the August 27 Browning Ferris ruling, and I’m passing along yesterday’s effort by DLA Piper attorneys because it is among the most measured.

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People Trump Numbers when Reporting Top 200+

People Trump Numbers when Reporting Top 200+

Franchise Times Top 200+ is all about the numbers, of course—who is up and who is down. But to me, and I believe to many business readers, the more telling story is why.

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Hotel Execs See Ongoing Good Times

Hotel Execs See Ongoing Good Times

I’m fascinated by the hotel business, and find my interviews with hotel executives to be consistently interesting. With their fingers on the pulse of both business and leisure, those in the hotel world have a unique perch to analyze the economy. As part of our coverage for the Franchise Times 200, I interviewed heavy hitters from Hilton and Marriott.

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Crazy Genius Seeking the Same

Crazy Genius Seeking the Same

No personality type makes a better interview than the crazy genius. See Elon Musk’s Late Show appearance with Stephen Colbert for a good, timely example. Some people just aren’t like the rest of us, and are able to use their unique smarts to leave the world a better place.

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High Times as FT Prepares News-Packed Top 200+

High Times as FT Prepares News-Packed Top 200+

What takes five months to research, eight researchers and writers to report, and 500 franchise brands with up to 15 data points each to compile? The Franchise Times 200+, in preparation now to publish October 1.

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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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