Continue to Site >>>

franchising

Financing

Your next Subway sandwich could come from a vending machine

 By Jonathan Maze on Jun. 13, 2022

The sandwich giant, looking to reinvigorate growth, has been testing vending machines as part of a broader “grab and go” strategy to use existing locations as bases for sales in multiple spots.

Financing

Burgerim’s founder reappears to deny federal allegations

 By Jonathan Maze on Jun. 13, 2022

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.

Leadership

Blaze promotes Ed Yancey to chief development officer

By Heather Lalley on Jun. 08, 2022

Yancey, an industry veteran, has served as vice president of franchise development at the fast-casual pizza chain since 2020.

Financing

Montreal's Foodtastic buys control of Shoeless Joe's chain

By Peter Romeo on May 31, 2022

The deal adds a 19th brand to the Canadian franchisor's holdings, which include Milestones and Pita Pit.

Financing

Schlotzsky’s tries ditching seats

By Jonathan Maze on May 31, 2022

The sandwich chain’s new prototype features fewer seats or none at all and more options for takeout.

Financing

Subway changes its franchising strategy

By Jonathan Maze on May 26, 2022

The company, which has been shedding locations, wants more drive-thrus, nontraditional locations and bigger franchisees.

Leadership

Parent of Modern Market and Lemonade hires a development chief

By Heather Lalley on May 24, 2022

Chris Cheek, a restaurant franchising veteran, will steer growth and development for the operator of 48 better-for-you fast-casual restaurants across the two brands.

Financing

A lot of McDonald’s franchisees left the system last year

By Jonathan Maze on May 16, 2022

A record 1,700 restaurants changed hands last year and more than a quarter of franchisee units have either closed or been sold since 2019.

Financing

'Mass exodus': McDonald's franchisees are leaving the system

By Jonathan Maze on May 13, 2022

A record 1,700 stores changed hands last year. High valuations and a difficult operating environment are leading many franchisees to sell their restaurants. But some say culture problems, low morale and constant disputes are playing a major role.

Financing

Carl’s Jr. and Hardee’s start a remodeling push

By Jonathan Maze on May 10, 2022

The company and its franchisees are planning to spend $500 million to reimage the brands’ restaurants in a “long overdue” program.

  • Page 24