franchising

Financing

Franchising can put brands at a disadvantage in a market like this

The Bottom Line: Restaurant chains like &pizza and MOD Pizza continue to turn to franchising to reinvigorate growth or save dying concepts. But there are huge disadvantages when consumers are cutting back.

Emerging Brands

Forget Ozempic. In the U.S., there's a bakery boom

It's a good time for artisan croissants, pan dulce and bombolone. Bakery concepts big and small see plenty of opportunity for growth.

The Utah-based multi-brand group operates 450 Little Caesars in the U.S. and Mexico, along with Jamba, Wingstop, Dunkin and more.

The fast-casual salad chain is still franchising. But founder Steele Smiley wanted to regain brand consistency and operational control.

Charles Watson replaces former Smalls CEO Maria Rivera, who left the 24-unit fast-casual chain last month. Investors hope he can replicate the smoothie chain's franchise growth.

The multi-brand franchisor GoTo Foods will launch its long-awaited Cinnabon Swirl concept next month, bringing together sister brands Cinnabon and Carvel with a menu of its own.

The Bottom Line: Several struggling restaurant chains are using franchising as a key strategy to turn their brands around. But if the restaurants didn’t work under a company-run operation, why would franchisees do better?

Working Lunch: This week's political podcast features a conversation with Andy Wiederhorn, founder and chair of Fat Brands, who shares the challenges the trade war will create for franchise operators, their supply chain and plans for growth.

Ray Blanchette is now a Golden Corral franchisee and plans to bring the buffet brand to New England, starting with a grand reopening in Manchester, New Hampshire, on Thursday.

The franchise companies, both owned by Steve Wazny, accuse the fast-food chain of wrongfully terminating 39 restaurants in the state after the operator closed eight other underperforming locations.

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