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franchising

Financing

Steak ‘n Shake reopens one of its restaurants

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

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.

Financing

Perkins sues to remove a 26-unit operator

By Jonathan Maze on Jul. 02, 2019

The company terminated one of its largest franchisees over unpaid royalties following the closure of a location over health code violations.

Financing

Tim Hortons’ U.S. franchisees accuse the brand of intimidation

By Jonathan Maze on Jul. 02, 2019

In an amended lawsuit, the operators’ franchise association says the franchisor’s cost cutting is squeezing franchisees.

Financing

Dunkin’ sues franchisees over employment verification

By Jonathan Maze on Jun. 26, 2019

The franchisor has filed at least three recent lawsuits accusing operators of not properly vetting worker eligibility.

Workforce

18 states oppose joint employer definition favored by restaurants

By Peter Romeo on Jun. 26, 2019

The attorney general of each has urged the DOL to broaden the definition beyond what franchisors support.