On Dining Concepts:
“The retail space is at an interesting cross-road in recent times. While commercial rents are falling, there’s a rapid increase in number closures at anchor stores like Sears, Toys R Us and Kmart. This climate is forcing traditional sit-down dining concepts to come up with innovative ways to disassociate their topline from being anchored to malls.”
In the News:
- In Franchising Change is Inevitable and Some Requires Special Handling [Forbes]
- Short of Workers, Fast-Food Restaurants Turn to Robots [The Wall Street Journal]
- Brusters names franchising chief, continues expansion [QSR Web]
- First-time entrepreneurs propel Indian franchise business; industry pegged at $150 bn in 5 years [The Economic Times ETRISE]
- Is Franchise Ownership the “New Retirement”? [Franchising.com]
- This CEO Became a Business Owner at Age 17. Here Are His Priceless Leadership Tips From Four Decades of Growth [Inc.]
- Focus Brands debuts Auntie Anne’s concept in China [FoodBusinessNews]
- GNC hires Marc for major campaign [Pittsburgh Business Times]
- World’s first IHOP, Applebee’s hybrid to open in downtown Detroit [WXYZ]
- Marriott International breaks ground on new headquarters [Breaking travel news]
- Boca Raton franchise company sets goal of 300 stores by 2025 [South Florida Business Journal]
- Restaurant Franchises Prove Good Investment Restaurant Delivery Growth Predicted [Foodservice Equipment & Supplies]
- Hardee’s breaks up with Carl’s Jr., gets new, wholesome look [Tennessean]
- An Appetite to Acquire Restaurants [Restaurant Finance Monitor]
- More Women in Restaurant CFO Positions [Restaurant Finance Monitor]
- Here Are The States With The Most Fast Food Restaurants Per Capita [Thrillist]
- Amazon may launch small business lending program in China [cn]
- Moody’s Revamps Small Business Credit Underwriting [PYMNTS.com]
- Taco Bell master franchise deal to add 400 units abroad [Nations Restaurant News]
- Jimmy John’s not responsible for franchisees’ labor policies, judge rules [PostBulletin]