Franchising: Page 13
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Major CKE franchisee goes bankrupt, shutters 39 stores
Summit Restaurant Holdings, which operates around 106 Hardee’s locations, filed for Chapter 11 bankruptcy protection Thursday.
By Aneurin Canham-Clyne • May 5, 2023 -
DOL says it discovered 10-year-olds working at Louisville McDonald’s
“We are seeing an increase in federal child labor violations,” a DOL district director said.
By Emilie Shumway • May 4, 2023 -
400 Burger Kings may close in US this year
With traffic still down, Restaurant Brands International expects “more noise” as it moves to concentrate ownership of units among high-level franchisees.
By Aneurin Canham-Clyne • May 2, 2023 -
Sunshine Gasoline Distributors adds combined Quiznos, Taco Del Mar restaurants
A dual-branded restaurant recently opened at a company store in Florida — the first of at least 13 planned locations for Sunshine.
By Jessica Loder • May 1, 2023 -
Wendy’s says franchise recruitment initiative is helping it meet D&I goals
The news comes just two years after Wendy’s announced the hire of its first vice president and chief diversity, equity and inclusion officer.
By Ryan Golden • April 28, 2023 -
Caribou Coffee is adding 300 domestic franchised units
Six multi-unit franchisees will open stores in Michigan, Missouri, Ohio, Pennsylvania and Florida as part of the company’s domestic growth efforts.
By Julie Littman • April 25, 2023 -
Walk-On’s Sports Bistreaux and Bar to double store count with 100-unit pipeline
The full-service concept, which was founded by two college athletes, is aiming to open 20 to 25 units per year.
By Julie Littman • April 25, 2023 -
California Pizza Kitchen turns to refranchising to drive growth
The chain, which launched domestic franchising in 2021, plans to sell corporate-owned units in select U.S. markets to multi-unit operators.
By Aneurin Canham-Clyne • April 24, 2023 -
How Layne’s Chicken Fingers plans to grow to 50 units by 2027
The 10-unit chicken chain, which began aggressively selling restaurants last year, wants to expand within its home state of Texas and enter new markets.
By Julie Littman • April 21, 2023 -
Yum completes exit of Russia with sale of KFC units
The sale to local operator Smart Service includes all 1,112 Russian KFC units and the trademark for the Rostik’s brand, which KFC bought in 2011.
By Julie Littman • April 18, 2023 -
Hooters franchisee settles DOJ claim that it refused worker’s I-9 documentation
The company must pay a penalty, provide back pay and train staff on the law’s requirements.
By Carolyn Crist • April 17, 2023 -
Subway transfers 230 restaurants to 5 multi-unit owners
One of the deals includes an existing operator, which acquired 100 restaurants, expanding its Subway portfolio to 140-plus units.
By Julie Littman • April 17, 2023 -
Carrols Restaurant Group hires Toys ‘R’ Us vet as CEO
Deborah Derby, who has served on the board at the Burger King and Popeyes franchisee since 2018, becomes the company’s top executive a few months after former CEO Paulo Pena died unexpectedly.
By Julie Littman • April 13, 2023 -
Wetzel’s Pretzels gears up to open streetside concept
The first Twisted by Wetzel’s unit, expected to open in Southern California this spring, will offer menu items targeting younger demographics.
By Julie Littman • April 12, 2023 -
District Taco aims to reach 80 units by 2027
The chain’s expansion plans, which include the opening of 10 to15 units a year, will be primarily focused in Florida.
By Aneurin Canham-Clyne • April 12, 2023 -
KFC franchisee launches texting engagement program
KBP Brands, which operates 847 KFC restaurants, deployed an SMS-based customer engagement tool to strengthen its regional marketing efforts.
By Aneurin Canham-Clyne • April 11, 2023 -
Wienerschnitzel targets 500 units after years of flat growth
By offering sizable incentives and highlighting a simple menu and operations, Wienerschnitzel hopes to resume franchise expansion.
By Aneurin Canham-Clyne • April 10, 2023 -
Retrieved from Focus Brands on May 17, 2021
Why a Focus Brands franchisee is betting on cobranding
Trifecta Restaurant Group, which opened an Auntie Anne’s/Cinnabon unit in December, reported triple its expected sales volume in its first month.
By Julie Littman • April 10, 2023 -
How Tijuana Flats is using franchise incentives to speed expansion
CEO Joe Christina has shifted the chain’s focus from single-unit operators to multi-unit franchisees as it plots 50 openings in 3 years across the Southeast.
By Julie Littman • April 7, 2023 -
Bankrupt Burger King franchisee sold for $33M to 4 buyers
Toms King, a 90-unit Burger King franchisee that filed for Chapter 11 protection in January, managed to sell the bulk of its stores at a Delaware auction.
By Aneurin Canham-Clyne • April 5, 2023 -
Burger King franchisee bankruptcies may signal more QSR trouble
The bankruptcy of two major Burger King operators laid bare the problems facing franchisees. But at Burger King, the worst may be over.
By Aneurin Canham-Clyne • March 31, 2023 -
Jinya Ramen Bar to grow from 52 units to 200-plus in 10 years
The Asian food chain opened eight restaurants last year and aims to add 25 locations annually.
By Julie Littman • March 29, 2023 -
Retrieved from I Love Juice Bar on March 28, 2023
Main Squeeze Juice Co. acquires I Love Juice Bar
The deal will almost double Main Squeeze’s unit count of 28 stores and give it a strong presence in Texas and Tennessee.
By Julie Littman • March 28, 2023 -
Retrieved from Pretzelmaker on March 21, 2023
Pretzelmaker opens first drive-thru
The Mason City, Iowa unit will include the chain’s Fresh Twist brand menu, which launched in 2018 to meet demand for breakfast and late-night options.
By Julie Littman • March 21, 2023 -
Survey: 66% of franchisees feel optimistic about business
Changing consumer preferences may push franchisees to invest in store remodels and digital ordering and delivery systems, TD Bank found in a survey.
By Aneurin Canham-Clyne • March 21, 2023