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franchising

Leadership

Jerry Richardson, football star turned Hardee's biscuit maker, dies at age 86

 By Peter Romeo on Mar. 13, 2023

A former owner of the Carolina Panthers NFL team, the North Carolina native made his money as a Hardee's franchisee. He would later operate Quincy's, Denny's and El Pollo Loco, among other restaurant brands.

Financing

The FTC is taking a harder look at franchise practices

 By Jonathan Maze on Mar. 13, 2023

The agency is seeking comments on franchisors' business practices and the control they exert over franchisees and their employees, potentially setting the stage for changes in franchise regulations.

Financing

Where are all the discounts? Look on the app

By Jonathan Maze on Mar. 10, 2023

Fast-food restaurants are not advertising the type of mass discounts that marked past downturns. Instead, they’re flooding apps with deals. And franchisees have started to push back.

Food

Korean restaurant concepts are on the rise

Sponsored content from our partner Bonchon on Mar. 03, 2023

In food service, consumers across the globe are becoming increasingly drawn to Korean restaurant concepts.

Financing

Jack in the Box reaches a 'turning point' in its bid for growth

By Jonathan Maze on Mar. 02, 2023

The fast-food burger chain has new deals to open restaurants in Florida and Arkansas, bringing the first new franchisees into the brand in years. And it is turning around its restaurants in St. Louis.

Financing

Franchises navigate tough waters in their bid for growth

By Jonathan Maze on Mar. 02, 2023

For franchises, growth is paramount. But accomplishing that is proving more difficult thanks to rising interest rates, construction costs and labor issues.

Financing

Applebee's President Tony Moralejo says brand will do more for franchisees

By Joe Guszkowski on Mar. 02, 2023

The franchisor plans to offer aggressive incentives and new prototypes to make opening restaurants more appealing. "We need to do our part," the new leader said.

Financing

Wendy's wants to open more restaurants, just not in ghost kitchens

By Jonathan Maze on Mar. 01, 2023

The burger chain is increasing its incentives to convince operators to open additional restaurants as it seeks to speed unit growth. But it is also walking back its deal with Reef Kitchens.

Financing

McDonald's CEO warns that regulations could end franchising

By Jonathan Maze on Feb. 27, 2023

Saying that, “our business model is under attack,” Chris Kempczinski urged franchises to push back against efforts at the state and federal level to regulate franchises and fast-food businesses.

Financing

Steak n Shake closed another 30 restaurants last year

By Jonathan Maze on Feb. 27, 2023

The burger chain, which has shifted to a counter-service model with kiosks, turned a profit last year. But it did so from fewer locations as traditional franchisees closed restaurants.

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