On Franchise Sales Outstripping Unit Openings:
“…as the economy recovered from the downturn and credit became more readily available, an increasing number of franchisors went on franchise selling sprees. A large number of these franchise sales are yet to yield positive returns to these companies’ recurring revenues.”
In the News:
- Moe’s Southwest Grill takes on the ‘Untamed Southwest’ with brand makeover [Nation’s Restaurant News]
- FASB offers rev rec guidance for franchisors [Accounting Today]
- Wayback Burgers Adds to 2018 Franchise Sales Momentum in Q3 [PR Web]
- Quality Inn Brand Opens 1,600th U.S. Hotel [Franchising.com]
- Tropical Smoothie Picks Appetize to Innovate Guest Ordering [QSR Magazine]
- Papa Gino’s, D’Angelo Grilled Sandwiches close 95 restaurants amid chapter 11 filing [Nation’s Restaurant News]
- Digital is driving the future of retail technology [Convenience Store News]
- El Pollo Loco plans ‘significant brand relaunch’ next year [Nation’s Restaurant News]
- Is bank accreditation yesterday’s hero? [Franchise Business]
- Authority Brands acquires America’s Swimming Pool Company [Franchising.com]
- Has the Poke trend peaked? [Eater]
- Franchisors are like good parents, Ben & Jerry’s exec says [Franchise Times]
- Senior citizens are replacing teenagers as fast-food workers [Bloomberg]
- Papa Murphy’s considers sales of company amid continued sales decline in Q3 [Nation’s Restaurant News]
- BrightStar Care strengthens leadership team; appoints VP of franchise development [PR Newswire]
- COO Part of Prize in Painting with a Twist purchase [Franchise Times]
- Taco Bueno files for chapter 11 bankruptcy protection [Nation’s Restaurant News]
- Andaz Capital Gate Abu Dhabi opens doors in the Middle East [Franchising.com]
- IHOP president on refreshing the brand without losing emotional appeal [Nation’s Restaurant News]
- Cliff Hudson to retire as Sonic CEO [Restaurant Business]
- Flyt identifies tech enhancements to help the casual dining sector [Verdict Food Service]
- The Camp Transformation Center is named to Franchise Times Top 200+ List [Franchising.com]