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Financing

The International Franchise Association goes on offense

The trade group, which has spent much of its time in recent years pushing back against regulations, is touring cities in the hope of building a better reputation for franchising.

Financing

Nelson Peltz opts not to buy Wendy’s as the company reorganizes

The burger chain’s largest shareholder and chairman opted not to seek a deal for the company. Kurt Kane, the burger chain's U.S. president, is leaving as part of a broad corporate restructuring.

More ICR tidbits: The Italian beef and hot dog chain shows why soft opens are important; some skepticism on the Red Robin grills plan; El Pollo Loco wants more kids and an unexpected interruption.

The hot dog and Italian beef chain is opening most of its new locations in Southern states like Florida, Arizona and Texas, where its restaurants have performed well.

The private equity firm is backing a three-unit upscale concept founded by the former CEO of Bravo Brio Restaurant Group.

The doughnut chain is testing the sale of its products inside the burger giant’s Louisville, Ky., locations. The company’s goal is to see if it can sell in more locations than just retailers.

The flat-top grills are expected to improve the chain’s burgers. They’re part of a five-point “north star” developed by new CEO G.J. Hart.

TOMS King Holdings, which operates 90 locations in Illinois, Ohio, Pennsylvania and Virginia, blamed the pandemic for hurting traffic and inflation for draining cash flow.

A new survey from the National Restaurant Association shows inflation putting a stronger spotlight on preserving margins.

The Bottom Line: The largest chains fared best in a tumultuous 2022 on Wall Street as recession fears and inflation led investors to flee for safety.

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