The restaurant industry has been in a sorry state since traffic and same-store sales peaked in the first quarter of 2015. But January data from TDn2K shows two consecutive months of two percent or higher sales growth.
Business and Finance
Looking at per capita income and restaurants, size of the workforce and median incomes, a restaurant equipment reseller has published its list of the 50 best U.S. cities in which to start a restaurant. Using U.S. Census Bureau and American Community Survey data, it’s a data-based ranking that’s worth a look.
With the introduction of its Pay It Forward Program, First Franchise Capital aims to increase its community support by giving back to the communities of its clients.
Cousins Subs is heading back to Chicago in a renewed franchise push to bring the refreshed brand back to major metros at the Cousins’ periphery.
Franchise Times today announces winners of the 2019 Franchise Times Dealmakers awards, the seventh annual project recognizing the boldest players driving mergers and acquisitions in franchising.
Everybody knows the National Labor Relations Board caused franchising’s biggest headache when it expanded the definition of who is a joint employer back in 2014. Now, new International Franchise Association research has put a number to the pain—$33.3 billion in lost economic output annually.
Even though Mountain Mike’s 200-plus pizza restaurants each have their own delivery team, the Newport Beach-based brand is working with DoorDash, UberEats and Grubhub to reach customers it believes wouldn’t otherwise order its food.
The franchise industry is known for its outreach to specific parts of the human herd, most notably with veterans and young entrepreneurs through the VetFran and NextGen in Franchising programs. LGBT folks like myself are cheering the latest International Franchise Association partnership with the National LGBT Chamber of Commerce. On a personal level, this is wonderful to see from the franchising industry’s association of record.
Sonic has inked a new development deal in Alaska and it’s balancing big opportunity with some major challenges.
After job growth in franchising slowed overall last year, the sector started out strong in 2019, gaining 33,000 jobs in January according to the ADP National Franchise Report.