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franchising

Financing

Despite concerns, lenders are still making restaurant loans

A Biz2Credit study says banks are approving restaurant loans at a much higher rate than other industries.

Workforce

Jersey Mike’s settles ‘no-poaching’ lawsuit for $150K

Washington’s attorney general said the deal marks the 67th time a franchisor has agreed to drop a prohibition against intra-chain hiring.

Financing

What to do when big franchisees fail

By Jonathan Maze on Aug. 21, 2019

Pizza Hut, Wendy’s and Perkins all face challenges with struggling operators, says RB’s The Bottom Line.

Financing

Popeyes plans to take on China

By Jonathan Maze on Jul. 23, 2019

The chicken chain inks a 1,500-unit deal, becoming the latest concept to make a bet on the fast-growing market.

Financing

Steak ‘n Shake reopens one of its restaurants

By Jonathan Maze on Jul. 12, 2019

The burger chain, which had been closing dozens of locations, has reopened a St. Louis store under its new refranchising initiative.

Leadership

At age 100, A&W considers the next century

By Peter Romeo on Jul. 11, 2019

One of the industry’s oldest chains and franchisors sees new opportunities in its veneration of the past.

Financing

Subway plans to remodel 10,500 locations

By Jonathan Maze on Jul. 11, 2019

The company and its vendors are providing more than $100 million in grants to operators to spur remodels by the end of 2020.

Financing

Chili’s parent agrees to buy back 116 franchises

By Peter Romeo on Jul. 10, 2019

The price of the restaurants, which had been operated by former NBA great Junior Bridgeman, was not disclosed.

Financing

Big Perkins franchisee files for bankruptcy protection

By Jonathan Maze on Jul. 09, 2019

5171 Campbells Land Co. seeks credit protection after the brand sues to terminate its stores.

Financing

Struggling Buffalo Wild Wings franchisee shakes up its management

By Jonathan Maze on Jul. 03, 2019

Both CEO David Burke and CFO Phyllis Knight resigned from Diversified Restaurant Holdings as founder Michael Ansley returns as interim chief executive.

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