franchising

Financing

McDonald’s is buying out one of its biggest and most prominent franchisees

The burger giant is buying out Caspers Company, whose family has run the business for more than 60 years, and which was instrumental in creating the National Owners Association.

Operations

Hey, McDonald's, your approach has been tried before

Restaurant Rewind: McDonald's get-tough policy on veteran franchisees has an historical precedent. And it didn't yield a kumbaya outcome.

The FAST Act would provide quick-service employees with a strong voice on the pay, scheduling and training practices of fast-food employers. It also legislates that franchisors are joint employers liable for the labor infractions of franchisees.

A group representing Black franchisees voted “no confidence” in CEO Chris Kempczinski. Other groups could take similar steps amid anger over new renewal standards. “An absolute declaration of war on owners," one operator said.

The burger giant has “fine-tuned” rules for renewing franchise agreements as it works to bring new operators into the system. Operators say the changes are an "overreach."

The National Labor Relations Board indicated that it once again could make franchisors more accountable for the labor actions of franchisees.

The Bottom Line: Weak sales and rising costs, including delivery fees, have eaten into the profit margins of big operators like GPS Hospitality and Carrols Restaurant Group.

The robot will start at a Wimpy location in Dubai and will expand to more of Americana's 2,000 locations in the coming months.

The full-service brand is touting the ability of a lodging property to add pizza delivery.

Oren Loni, who disappeared and shut down his business without notice in 2019, has hired an attorney to respond to allegations that his company intentionally misrepresented his franchise’s risks.

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