Following the recent launch of Hilton’s Travel with Purpose 2030 goals to double its investment in social impact and cut its environmental footprint in half, the hotel giant announced an initial investment of $1 million to drive sustainable travel and tourism in Africa.
The good-looking crew pictured nearby are the folks from FAT Brands, winners of last year’s Deal of the Year award in the Franchise Times Dealmakers project, which recognizes excellence in mergers and acquisitions in the franchising space. Nominations open today.
The National Restaurant Association will no longer manage or own its annual convention, commonly called the Restaurant Show.
Club Pilates led all performers in the $5.9 billion fitness segment with its impressive percentage sales growth, as reported in the Franchise Times Top 200+, our exclusive ranking of the 500 largest franchises.
Oxxo Care Cleaners rolled out a new business conversion initiative to convince competing dry cleaners to join the Oxxo family, which is known for its eco-friendly cleaning process.
A former Papa John's executive is staying in the pizza game, buying 13 Mr. Gatti’s locations in the Austin, Texas, market. The sale of company restaurants comes as Mr. Gatti’s continues its refranchising program while also working to attract new franchisees to the system.
Inspire Brands added another legacy brand to its multi-brand stable.
Sometimes the good guys and gals finish first, and such is the case for Stella Sigana, founder of Alternative Waste Technologies and winner of the 2018 NextGen competition in the social franchise category.
When Heather Elrod joined Amazing Lash Studio two-and-a-half years ago, charged with building the semi-permanent eyelash extension franchise and creating an exit for the founders, the Scottsdale, Arizona-based brand had 75 units open. Now, it has 200 open, and Elrod’s concerted work since last November has attracted a new buyer, WellBiz Brands backed by KSL Capital.
Three years ago, Menchie's frozen yogurt CEO Amit Kleinberger gambled against conventional wisdom and started selling franchises for a new pizza concept before opening a single company store. He lost the bet and filed for Chapter 11 bankruptcy on September 21.
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.
There’s a lot of buttons, tablets and doodads starting to clutter restaurant tables these days, and some of them are actually pushing sales.
“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.
In a major walk-back for the franchise industry, the National Labor Relations Board seeks to return to prior guidance on joint employer issues.
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.
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.
Hurricane Florence is just hitting the coast of North and South Carolina, and restaurant operators are preparing for a rough week.
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.
In an effort to enhance growth among multi-unit franchisees, Buffalo Wings and Rings is testing a one-time franchise fee.