franchising

Franchisors start giving breaks on remodels

Yum Brands, Wendy’s and Huddle House are among franchisors letting franchisees delay capital projects.

With plummeting sales, franchisees face a brutal future

The coronavirus shock is putting considerable pressure on franchisees large and small, and franchisors are already taking steps to ease the problem.

Operations

Jersey Mike's is investing $150M in its franchisees' restaurants

By Peter Romeo on Mar. 02, 2020

The fast-growing sub chain is investing $75,000 per franchised store to foster growth, even as it adds topspin by gifting restaurants to employees yearning to become owners.

Financing

U.S. franchisees accuse Tim Hortons of 'price gouging'

By Jonathan Maze on Feb. 28, 2020

The latest dispute between the brand and its operators south of the Canadian border centers on the prices franchisees pay for critical supplies.

Financing

Buyer of Buffalo Wild Wings franchisees bags a big one

By Peter Romeo on Feb. 26, 2020

ICV completed its purchase of Diversified Restaurant Holdings in a deal valued at $180 million.

Financing

Big Burger King franchisee Carrols cuts back on remodels

By Jonathan Maze on Feb. 25, 2020

The company is also slowing down on acquisitions as it looks to build up its profitability.

Financing

Steak ‘n Shake turns to counter service as losses mount

By Jonathan Maze on Feb. 24, 2020

The chain has closed 107 units, with plans to reopen them with a counter-service model to save on labor.

Financing

Subway works to rebuild its business

By Jonathan Maze on Feb. 19, 2020

A management overhaul and major layoffs signal a sense of urgency, but renewed complaints from operators over a new discount show the chain has a ways to go, says RB’s The Bottom Line.

Financing