Industry News

 What kept inflation from raging again

Plummeting gas prices put the team on its back. At one point in June, the national average for a gallon of gas was $5. Now, after 57 straight days of declines, it’s hovering around $4 (still higher than last year’s prices).

But economists don’t typically include gas prices when evaluating underlying inflation because they’re so volatile. A better indicator is “core CPI,” which strips out energy and food costs.

Good news is, core CPI is looking healthier, too. It increased 0.3% in July, much lower than June’s 0.7% gain.


Boston, MA: Who doesn’t like grilled cheese? The ooey-gooey, buttery goodness of Mom’s favorite comfort food is proving to be unbeatable as a restaurant theme. 

A Cheesy Street Grill franchise owner does not have to be a trained chef. Dowd herself is a former corporate financial analyst who loved cooking along to Ina Garten at home and decided to make a second career at age 50. 

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Papa Murphy’s parent MTY acquires Famous Dave’s parent BBQ Holdings

The deal is priced at $200 million or $17.25 a shar  
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As an ATD Solutions franchisee you’ll give your clients “Attention-to-Detail” with the specialized bookkeeping, software training support, and services they need. ATD has been in the industry since 1999, and as a franchisee you’ll be connected to their team of bookkeepers and trainers. What sets ATD apart from all other Bookkeeping and Consulting firms is that they are Certified QuickBooks Pro Advisors with Accounting degrees. 

Chipotle Mexican Grill to pay NYC workers $20 million as part of labor settlement

The fast-casual restaurant chain has agreed to pay 13,000 workers for violating their right to predictable schedules and paid sick leave.

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When you invest in our Maid Green cleaning franchise opportunity, we’ll share our “secret sauce” and recipe for success. You’ll open for business and prosper from many advantages that few other franchise owners have: an ideal territory, a prestigious and trusted brand name, repeat-referral customers and recurring revenues, no inventory, minimal equipment, a cash business and a flexible workweek schedule.
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Einbinder & Dunn LLP is a full-service New York City law firm with a national practice. The firm has a strong business and commercial concentration, and extensive experience in litigation and transactional work. The firm devotes a substantial part of its practice to franchise law, representing franchise clients nationwide. 
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The Habit Burger's 2,000-Unit Journey Takes Shape The 320-store fast casual, backed by Yum! Brands, is growing on the coasts and refranchising restaurants in California for the first time. As it stands now, the fast casual has 320-plus restaurants in more than a dozen states.
California Tortilla plans expansion in Maryland Washington Business Journal And a third franchisee recently took over some of the company's Anne ... About 90% of the chain's stores are franchise and 10% are company-owned.
Shaq-Owned Big Chicken Debuts First Franchise Location. Big Chicken, the Shaquille O-Neal-owned chicken franchise, will open its first franchised location on August 11 in Dayton, Ohio. Global Franchise reported that the location will be overseen by restaurant industry veterans.
Analysts: McDonald's McPlant Test Ends on Low Note Reports say restaurants pulled the item because it wasn't selling well enough. The burger chain confirmed with media outlets that it ended the pilot as planned, "the reason sometimes being cited is that the product did not sell well.
Chipotle Location in Maine Files to Unionize Employees are seeking adequate staffing at their store. Workers recently walked off the job. The Kennebec Journal reported that most of the employees signed a letter addressed to Chipotle stating concerns about understaffing.
Minimum fines of $10 million – why compliance with the Franchising Code is now more important than ever. Time to review your franchise agreements. In April this year, highly anticipated increases to the financial penalties for contravening the Franchising Code (the Code) came into effect. As a result of these changes, it's essential that franchisors review their franchise agreements to ensure they remain compliant with the code.
Little Caesars' Development Journey Takes Aggressive Turn The third-largest pizza chain in the U.S. in terms of footprint believes it has room for 1,000-plus stores. The chain ended 2021 with 4,181 restaurants, after losing a net of 81 stores in three years. Still, Little Caesars is the third-largest pizza
Freddy's Frozen Custard & Steakburgers is Growing in Texas with 57 New Restaurants. Fast-casual restaurant concept Freddy's Frozen Custard & Steakburgers® announced today the brand's plans to further expand its Texas footprint with 57 new locations added to its development pipeline.
New Hot Chicken Franchise Opening First NJ Store In Wayne Calling all chicken fans! This California chain will be making its Garden State debut later this year. “This is an ideal site for us to establish our presence and draw customers in,” said Dave’s Hot Chicken New Jersey franchise owner
FRANCHISEE UNREST GROWS AS MCDONALD’S CHANGES ITS RULES. A group representing Black franchisees voted “no confidence” in CEO Chris Kempczinski. Other groups could take similar steps amid anger over new renewal standards. “An absolute declaration of war on owners,"
How Sweet Chick Evolved into a Growth-Ready Fast Casual Backed by rap icon Nas and Founders Table Restaurant Group, the five-unit Sweet Chicken is looking to expand nationally. Sweet Chick has logged more than 100 iterations of its hero item; the choice of classic, barbecue, soy honey
Greene Turtle Forms New Founder-Focused Holding Company, Buys Clark Crew BBQ. The Greene Turtle, a Maryland-based sports bar franchise with more than 30 locations, has reorganized under a new holding company and made its first acquisition Clark Crew BBQ,
Wendy’s expands virtual Wendyverse with Frosty Village Burger brand to open polar addition to Horizons World Quest 2 platform. The company said “achievements” are now available, so players can compete in activities throughout the Wendyverse and monitor their progress.
Amazon brick-and-mortar store sales rise 12.5% in Q2 More Amazon Fresh locations, in-store enhancements expected to drive further growth. Amazon’s physical store sales, which include Whole Foods Market, surged 12.5% (13% excluding FX) to $4.72 billion in Q2
Small Business Rent Delinquency Rate Hits Highest Level This Year. The average national delinquency rate was 26 percent at the beginning of the year but has risen 9 percent since then. 35 percent of small businesses in the US couldn’t pay their rent in full or on time in June.
Yum China begins construction on supply chain center. Yum China Supply Chain Management Center in Shanghai's Jiading district. The 61,000 square meter facility is Yum China's largest greenfield supply chain center project to date. Yum China Holdings is a licensee of Yum Brands in mainland China.
Au Bon Pain Owner Ampex Brands Acquires Bellagreen. The company has tripled its catering revenue and is expanding with new locations opening or planned for 2022. American bistro concept with locations in Houston and Dallas. Both companies are based in the Dallas metropolitan area.
Former Five Guys CEO leading Gong cha. Gong cha, a bubble tea brand founded in Taiwan and based in London, has hired former Five Guys CEO Paul Reynish as Global CEO in hopes of accelerating its U.S. and international expansion. Reynish succeeds outgoing interim global CEO, founder
McDonald's has expanded its mobile app partnership with Adyen, a global financial platform, in the U.S. The two companies began working together in 2020 in the U.K.nds payment partnership with Adyen in U.S. "Adyen has handled mobile volumes during peak events, such as promotions
Florida ice cream company sued over death of woman in ongoing listeria outbreak. Big Olaf Creamery is being sued over the death of a woman whose estate alleges she contracted listeria from its ice cream. A lawsuit filed Tuesday in federal court by the estate of Illinois residentm.
Walmart to enable product purchases via Roku TV streaming First-of-its-kind pilot brings checkout experience to digital television ads. when viewers see a product they want while viewing streaming TV content, they simply use their remote to press “OK” on the shoppable ad and checkout.
Georgia Chick-fil-A sued by transgender worker over illegal firing. Aaron White alleges that the franchise owner did nothing to stop the harassment. When White went to Engert and informed, “The Franchise Owner responded that it should be an honor that with Plaintiff being a transgender woman that someone liked her enough to hit on her,” according to the suit.
Chipotle Wants to be Clear: It Isn’t Opening Drive-Thrus What makes the "Chipotlane" different. But whatever you do at this point, don’t call the Chipotlane a “drive-thru,” Tabassum Zalotrawala, Chipotle’s chief development officer says. “I refuse [to call it that]," "It is a pickup lane."
Jan-Pro’s program offers franchise opportunities for Jan-Pro is a commercial cleaning company with 75 master franchisees and 4,500 unit franchisees. Gentile helps Jan-Pro certified business owners develop their franchises. The first franchise designed around the needs of veterans.
Big O Tires Dealers Hit $1 Billion in Sales. Big O Tires franchisees set back-to back sales and profitability records in 2020 and 2021, and for the first time turned the retailer into a billion-dollar business. New leaders at the helm say it’s just the beginning, and that Big O Tires is “poised
Yardbird gets investment from Brightwood Capital Miami-based group plans to add locations in Chicago and Denver in 12 months. Brightwood Capital Advisors has agreed to provide financing to the Yardbird Group, the six-unit upscale Southern table, the companies said Tuesday.
Chipotle Mexican Grill makes business-changing tech investment. With its new Cultivate Next fund, the brand is investing in start-up companies, Chipotle would be investing in two startup companies, Hyphen and Meati Foods, through its $50 million Cultivate Next fund launched earlier this year.
Taco Bell Beats Tough Environment Thanks to Mexican Pizza The brand sold more than 20 million pizzas, 7x more than previous levels, and loyalty membership increased 10 percent. The fast-food giant brought back Mexican Pizza in May as an LTO.
Is the Cracker Barrel menu getting 'woke'? Meat eaters rage on Facebook over addition of Impossible sausage. Cracker Barrel is now serving plant-based sausage. Meat eaters aren't having it. The popular chain is one of the few places where you can have breakfast after sitting on a real-wood
McDonald’s Franchise Owner Consents to $1.6M Settlement of Sex Harassment Suit. Coughlin, Inc., a Vermont-based company that owns 10 McDonald’s franchise restaurants in Vermont and New Hampshire, will pay $1,600,000 and furnish other relief to settle a sex discrimination lawsuit.
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