franchising

Financing

Supply chain delays interrupt Subway’s push to remodel more locations

But the sandwich giant sees big potential in sprucing up more of its restaurants as part of its revitalization strategy.

Financing

Popeyes signs a big deal in France

The chicken chain announced a deal with the French restaurant group Napaqaro to open hundreds of restaurants in the country.

The burger giant has paid $6.5 million to buy out the four restaurants owned by James and Darrell Byrd, who had accused the company of favoring White operators.

The 200-unit chain plans to get back to growth with the new strategy.

The company is undertaking the first global effort to recruit new operators into the system as it looks to increase demographic representation among owner-operators.

The sandwich giant has an agreement to expand more rapidly in Saudi Arabia. It’s the chain’s third major international deal in recent months.

Companies like Chili’s and Texas Roadhouse are buying back franchises in a reversal of the refranchising approach that has held sway for decades.

The fast-growing breakfast-and-lunch chain took a step back to focus on existing franchisees, and the move has paid off.

The sandwich giant reached a deal with a private investment firm that will more than triple the number of locations in the country over the next decade.

CEO Darin Harris joins this week’s episode of the RB podcast “A Deeper Dive” to talk about the chain’s improving franchise relations and its impact on growth.

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