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Sola Salon Building 150 Corporate Stores, Going International

As more landlords begin to view Sola Salon Studios in the same light as gig-economy giants like Uber or WeWork—with new stylists bringing attractive books of business with them—the company sees an opportunity to pounce. Its next moves will be building 150 additional corporate stores in the U.S., while also pulling the trigger on its first international locations.

Re-Order Technology Enables QSR Table Service

There’s a lot of buttons, tablets and doodads starting to clutter restaurant tables these days, and some of them are actually pushing sales.

101 Mobility Relies on Reviews, Custom Products to Grow

“Sorry, a truck just went by,” said Dave Pazgan, president of 101 Mobility, as he pulled over to the side of the road to talk about his brand’s sales performance on the Franchise Times Top 200+, and at the same time demonstrated the mobility in his franchise’s name.

NLRB Rollback a Return ‘to the Land of Sanity’

In a major walk-back for the franchise industry, the National Labor Relations Board seeks to return to prior guidance on joint employer issues.

Ace Chief ‘Leveraging Physical Stores in Digital World’

Think bricks and mortar retail is on the ropes? Don’t tell the CEO of Ace Hardware, who shared his strategies for boosting the hardware chain’s systemwide sales last year by 6.5 percent as part of our Franchise Times Top 200+ coverage.

Blended Burger Project Just a Glimpse into Larger Meat Alternative Movement

New York’s food-focused James Beard Foundation is working to make food both more delicious and more sustainable with its Blended Burger Project. Adding mushrooms to burger creations is not only a more flavorful option with less calories; it saves time and money by replacing meat with plant-based proteins, according to the foundation.

Operators ‘Wait and See’ as Hurricane Florence Makes Landfall

Hurricane Florence is just hitting the coast of North and South Carolina, and restaurant operators are preparing for a rough week.

Red Roof Inn Beefs Up Development Amid Hotel Boom

We glean countless stories and industry trends from our exclusive Top 200+ data that’s coming out in the October issue of Franchise Times—more, in fact, than we can fit in the magazine. One of many bright spots in the hospitality category is Red Roof Inn, which has added to its franchise development team as consumers are traveling more than ever.

The math that counts – accounting and finance for franchisors

Once a franchise relationship is in place, it’s time to get to work – and whether the franchise sells shoes or makes hamburgers or offers in-home medical care, the common work of all franchise systems is to make money. Among other things, this means someone has to do the accounting.

Buffalo Wings and Rings Tests One-Time Franchise Fee

In an effort to enhance growth among multi-unit franchisees, Buffalo Wings and Rings is testing a one-time franchise fee.

Joint Employer Still a Key Issue for IFA on Capitol Hill

Great Clips’ 1,200 franchisees employ close to 40,000 people across the brand’s 4,300 locations, said Steve Hockett, CEO of the Minneapolis, Minnesota-based hair salon brand. “And their employees cannot be our employees,” continued Hockett. “It’s a huge distinction and there needs to be clarity.”

Caruso Joins WSFS to Lead SBA Efforts

Longtime franchise finance executive Candice Caruso recently joined WSFS Bank to head up its SBA lending to small businesses, including the franchise sector.

FranNet CEO on Mission to Clean Up Brokerage Biz

Jania Bailey believes what the franchising world needs is another franchise disclosure document or FDD, but this time for brokers. Her company, FranNet, is launching what she calls the first broker disclosure document or BDD in franchising, meant to throw open the doors on the often hidden ways that third-party franchise brokers work.

Inspire Brands Makes R Taco Rusty Again

You heard it here first: Renaming Rusty Taco to R Taco was a terrible idea, especially since Rusty was the name of the taco brand’s late founder, Rusty Fenton. As one of the first public-facing changes under the new Inspire Brands parent company, the 27-unit fast-casual brand has reverted to its old name—Rusty Taco.

IFA Honors Charitable Efforts Through Franchising Gives Back

“Giving awards for community service is one of the greatest things we can do,” Doc Cohen said from the stage during the 2018 Franchising Gives Back awards dinner Tuesday night, September 4. Cohen had just finished sharing some big numbers: $245 million and more than 2 million hours. That’s the amount, in dollars and time, IFA members and volunteers have donated to hundreds of community organizations and charitable groups.

Launching the Definitive Resource for Franchising

We at Franchise Times are hard at work on a new project: the acquisition of The Franchise Handbook, for 30 years a recognized industry resource and now preparing for a re-launch.

Wide Gulf Between Average, High Frequency Diners

Restaurants face a constant balance between attracting new customers and keeping their best customers happy. And some new data brings a little clarity around each of those unique customer sets.

The Price of Brand Loyalty at Anytime Fitness

How much is brand loyalty worth to your franchise? To Chuck Runyon, CEO of Anytime Fitness, the answer is a cool half million and counting. That’s how much Anytime has spent reimbursing any franchise partner or customer who gets a Runningman tattoo, the company’s symbol, snaps a photo of it and sends it in to headquarters in Woodbury, Minnesota.

Got Conflict? Zee and Zors Advise Talking it Out

“My role is to make the dream come true for the person who had the idea,”said Tam Kennedy, a Taco John’s franchisee with nine locations in Minnesota and Iowa, and with a mindset that she must be the embodiment of a premier operator. She spoke on a panel about working through conflict between franchisees and franchisors at the Faegre Baker Daniels Franchise Summit last week.

Unlock the Power of Data, Franchise Experts Say

The smartest franchise brands are not simply looking at data, but also gleaning useful insights to improve operations, such as reducing food waste by evaluating inventory or understanding which menu items are selling and stocking accordingly.

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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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