Franchising: Page 22
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Retrieved from hoots wings on December 08, 2020
Hooters’ fast casual chain Hoots Wings signs first franchise deal
Hoots Wings plans to open 60 franchised locations through its new agreement with Dallas-based AE Restaurant Group.
By Alicia Kelso • Feb. 25, 2021 -
Noodles & Company plots multi-unit franchise expansion
The fast casual chain is looking to grow its footprint in Southern and Southwest markets, with a focus on off-premise operations.
By Emma Liem Beckett • Feb. 19, 2021 -
McDonald’s agrees to independent review of contentious technology fees
At the request of the National Franchisee Leadership, which claims that no outstanding fees were due, the chain said it plans to enlist Ernst & Young to provide certainty that payables are owed.
By Alicia Kelso • Feb. 16, 2021 -
McDonald’s USA president wants to improve transparency with operators
Joe Erlinger's message comes as tensions over 2021 franchising fees reach a boiling point, with operators agreeing to cut off nonessential communication with corporate and pushing for the formation of a tech co-op.
By Emma Liem Beckett • Dec. 23, 2020 -
McDonald’s franchisees calls for tech co-op amid new fees, Restaurant Business reports
The National Owners Association's latest push follows news of a $423-per-month technology investment cost added to operators' plates to cover a $70 million "lag" from the old payment structure.
By Alicia Kelso • Dec. 22, 2020 -
McDonald’s USA president calls for end of corporate communication freeze, Restaurant Business reports
Joe Erlinger called on franchisees in a video Thursday to end a six-week halt in nonessential communication with corporate, which was incited by frustration over new fees and the end of a Happy Meal subsidy.
By Emma Liem Beckett • Updated Jan. 22, 2021 -
Retrieved from hoots wings on December 08, 2020
Hooters to expand its fast casual chain through franchising
Parent company HOA Brands wants to take the seven-unit wings concept to more than 100 units by 2022.
By Julie Littman • Dec. 8, 2020 -
McDonald’s US franchisees to shoulder more costs, Bloomberg reports
The fast food chain is ending a $300-per-month subsidy it pays each franchisee and is shifting operators to a "pay as you go" model for tech investment, and operators told Restaurant Businesses these changes caught them by surprise.
By Emma Liem Beckett • Dec. 4, 2020 -
Wendy’s wants to buy NPC International’s 393 units
The QSR put forth a consortium bid with a group of pre-qualified franchisees a week after it filed an objection to a deal proposed by stalking horse bidder Flynn Restaurant Group.
By Julie Littman • Nov. 19, 2020 -
Sun Holdings acquires bankrupt IHOP locations
Sun Holdings subsidiary Suncakes LLC bought 41 out of 49 IHOP locations from CFRA Holdings, which filed for bankruptcy in May.
By Alicia Kelso • Oct. 16, 2020 -
Pizza Hut’s largest franchisee declares bankruptcy
NPC has come to an agreement with its lenders on a restructuring plan to reduce the company's significant debt, which includes plans to sell its 385 Wendy's restaurants.
By Emma Liem Beckett • July 1, 2020 -
Subway franchisees file FTC complaints over Footlong promotion
The sandwich chain brought back its $5 Footlong promotion on Tuesday despite ongoing pushback from franchisees claiming the offer is unprofitable.
By Alicia Kelso • June 17, 2020 -
McDonald’s franchisees want to keep limited menu post-coronavirus
The National Owners Association told members last week the smaller menu helped improve service times and sales.
By Emma Liem Beckett • June 8, 2020 -
Alabama Extension. (2020). "The image" [Photograph]. Retrieved from Flickr.
Denny’s, IHOP franchisees close restaurants
Feast American Diners shuttered 15 Denny's in New York due to the impact of COVID-19, just weeks after an IHOP franchisee filed for bankruptcy and closed 49 units.
By Alicia Kelso • May 28, 2020 -
McDonald’s warns franchisees of potential retrenchment from coronavirus crisis
McDonald’s U.S. President Joe Erlinger told operators on a call last week that they may have to consider selling locations or downsizing, Bloomberg reports.
By Alicia Kelso • May 21, 2020 -
McDonald’s reopening requirements saddle operators with more costs
The chain's 59-page reopening guide for its U.S. restaurants includes purchasing recommendations for a $718 touchless sink and $310 automatic towel dispenser, The Wall Street Journal reports.
By Alicia Kelso • May 15, 2020 -
Keck, Dan. (2020). "Dairy Queen" [Photograh]. Retrieved from Flickr.
Franchisees struggle alongside independents to ‘keep the lights on’ amid COVID-19
Up to 30,000 franchise businesses will lose all liquidity in the next month as paid sick leave and inflexible business interruption insurance clauses put extra pressure on operations.
By Emma Liem Beckett • April 1, 2020 -
Burger King parent will give operators $70M in cash advancements
Restaurant Brands International is also pausing remodel obligations and deferring rent payments at properties it controls to free up cash for franchisees during the novel coronavirus pandemic.
By Alicia Kelso • March 31, 2020 -
Burger King’s biggest franchisee reverses decision to cut staff pay 10%
Hourly reductions will only apply to staff above store-level workers and CEO Dan Accordino will forgo his salary for three months, Carrols told employees in a memo.
By Emma Liem Beckett • Updated March 25, 2020 -
Inspire Brands acquires 22 Buffalo Wild Wings from franchisee
Along with ICV Partners' $130 million acquisition of Diversified Restaurant Holdings, the company sold 22 Buffalo Wild Wings units to the restaurant holding company.
By Alicia Kelso • March 13, 2020 -
Report: Subway to offer $5 value menu despite franchisee tension
Operators have previously voiced frustrations over the sandwich chain's discounts, one of many changes rolled out by new CEO John Chidsey in a bid to get the struggling company back on track.
By Alicia Kelso • March 6, 2020 -
Jersey Mike’s to spend $150M on franchisee remodels
The sandwich chain plans to cover the $75,000 cost per store for these revamps, which it expects will result in a 10% increase in sales.
By Alicia Kelso • March 3, 2020
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