They say imitation is the sincerest form of flattery. But to the International Franchise Association, New York’s new minimum wage mandate—a copy of Seattle’s—is nothing but a second example of discrimination.
When the average person thinks of exports, franchising isn’t the vehicle that first comes to mind. But thanks to the interest of some hard-working, out-of-the-box thinkers at the U.S. Commercial Service, franchising is becoming a popular way to increase exports, as can be witnessed in the proliferation of franchise trade missions in the last few years.
When looking for the ideal location for your business, you can't let perfect become the enemy of the good.
Only four years after applying for Chapter 11 bankruptcy in 2011, Giordano’s Pizzeria is headed toward accelerated growth, as a result of a combination of new management and old recipes.
There are two pathways for U.S. Commercial Service officers —domestic and overseas. But sometimes that pathway merges as it did recently when Ryan Kanne, director of the Minneapolis U.S. Export Assistance Center was called upon do take up temporary duty in Bogota, Colombia.
Another day, another new fast-casual pizza chain to cover, or so it seems to this blogger. But SpinFire of Arlington, Virginia, believes it has two secret weapons in its co-founders: No. 88 for the Washington Redskins, wide receiver Pierre Garcon; and the founder of Paisano’s Pizza, Fouad Qreitem.
It’s Taco John’s second year to test limited-time-offer tacos from April to August, and this year is a bigger hit than last, said CEO Jeff Linville. The trick now will be to resist the clamor to make the LTOs permanent.
It’s been a long wait for Jeff Jervik, CEO of WellBiz Brands, and his management team to turn around their two chains, Fitness Together and Elements Massage, and get them sold. After seven years of heavy lifting, KSL Capital Partners purchased WellBiz this week for undisclosed terms, and will pump in growth capital.
I’m working on a few future stories with an international focus, underscoring how important immigrants are to the franchise world. On the restaurant side, immigrants are a source of new ideas to broaden the American palate. One example that I’m anxious to try was The Halal Guys, on display at the International Franchise Expo in New York City last month.
I previously wrote about the collective shock over the shootout at the Twin Peaks sports bar in Waco, Texas. Turning my fascination into action, I’ve since interviewed several crisis managers, franchisor lawyers and the Twin Peaks CEO and its own crisis manager to discuss what franchisors should do to prepare for the unexpected.
Amit Kleinberger started franchising frozen-yogurt chain Menchie’s in 2008, even though everybody else was doing it, too. Now he’s trying his hand at a newly popular category: artisan pizza, made to order, but he believes his new brand MidiCi will not be an also-ran.
Michael Ansley, CEO of Diversified Restaurant Holdings, just completed a purchase of 18 Buffalo Wild Wings restaurants, in St. Louis, to add to his portfolio of 42. He prefers to control a market when making acquisitions, he told this blogger, and wants to find stores that are under-performing on the top line, the bottom line, or both.
Jeremy Carr is the CEO of BlazeNow and owner of Exhale Med Center in West Hollywood, Calif., one of the leading dispensaries in the LA metro. Carr told me it’s the highest rated shop in the area, and those Google reviews show the level of enthusiasm for this outlet and the category as a whole.
Diversified Restaurant Holdings is the new owner of 18 Buffalo Wild Wings restaurants in St. Louis and becomes the largest BWW franchisee, backed by $155 million in financing from Citizens Bank.
Twenty-three U.S. states allow some form of legal marijuana use, primarily for medicinal purposes, while four states and Washington, D.C. have legalized its use for recreational purposes. With this growing cohort of states, the legitimacy of the cannabis industry is also rising as entrepreneurs examine how franchising can help them grow this still-untamed industry.
Same-store sales and customer traffic levels softened in May, but the National Restaurant Association's Restaurant Performance Index (RPI) remains very positive.
There are some who hit the gym a time or two each week, unless happy hours, dinners out and summer barbecues get in the way. Then there’s Wayne Evans. The co-founder of Massage Heights, Evans is hooked on CrossFit, and is set to compete in the Reebok CrossFit games next month.
Some journalists call out trends far too prematurely, but two recent interviews have me wondering if non-traditional restaurant locations (stadiums, airports, universities, etc...) are a new trend heating up the franchise world.
Saladworks has a new owner, Centre Lane Partners, which invested in the fresh-tossed salad restaurant chain that filed for Chapter 11 bankruptcy reorganization in February. Centre Lane plans to invest “substantial capital” to accelerate the company’s growth nationwide,
On the heels of the recent BDO report cementing the strength of the fast-casual and pizza segments comes news that Atlanta-based Uncle Maddio’s Pizza Joint received a new minority investment from S&S Group, LLC, a private equity firm out of Washington, D.C. that also invested in Five Guys.