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franchising

Operations

Modern Market Eatery launches first drive-thru as parent company continues investments in franchising growth path

 By Lisa Jennings on Nov. 29, 2023

Sister brand Qdoba to see remodels and new digital menu boards as Modern Restaurant Concepts refinances debt.

Operations

Founder of Slater's 50/50 grows 'plug-and-play' portfolio

 By Lisa Jennings on Nov. 22, 2023

Being opportunistic with real estate requires flexibility with finding the right concept, contends Scott Slater. Is the ability to swap out brands a solution?

Workforce

Restaurant franchisors get more time to block the new 'joint employer' definition

By Peter Romeo on Nov. 17, 2023

The National Labor Relations Board has announced that it will hold off on enforcement of the controversial standard until Feb. 26.

Financing

Remodels are a source of sales, and tension, in franchise systems

By Jonathan Maze on Nov. 16, 2023

The Bottom Line: Remodel requirements can be vital for brands to generate sales. But they can create financial problems for franchisees when not done right.

Operations

Potbelly signs deal to expand in Seattle-Tacoma market

By Lisa Jennings on Nov. 15, 2023

This latest move in a series of deals will refranchise nine corporate locations and add another 13 new franchised units in Washington state.

Financing

The Royal Crispy Wraps have apparently been a boon for Burger King

By Jonathan Maze on Nov. 13, 2023

The Bottom Line: The fast-food chain introduced the product in August and, according to its largest franchisee, the product has sold well. But it’s also simple to operate.

Financing

Subway and Starbucks oust their Brazilian operator

By Jonathan Maze on Nov. 12, 2023

SouthRock Capital, a major food and beverage operator in the country, had its master franchise agreement with Subway terminated after less than a year and lost its license to operate Starbucks.

Financing

Margins soar at Burger King franchisee Carrols, and so does its stock

By Jonathan Maze on Nov. 09, 2023

The 1,000-unit operator said sales and traffic were better than expected and margins increased by 530 basis points. And its stock took off.

Financing

McDonald's and Yum Brands take an optimistic view of oncoming regulations

By Jonathan Maze on Nov. 06, 2023

The Bottom Line: The CEOs of the franchise giants decried the NLRB’s joint employer ruling but said that their brands have the strength to overcome them, anyway.

Financing

First venture beyond restaurants brings a new name for Greg Flynn's mega-franchise company

By Peter Romeo on Nov. 02, 2023

The rechristening is simultaneous with the purchase of 37 franchised Planet Fitness gyms.

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