The 88-year-old Krystal company has filed for bankruptcy protection in an attempt to hit the reset button and get back to its path toward growth.
Business and Finance
When Burgerim began selling franchises in the U.S., it did so without the usual validation. What Burgerim did have was its president, Oren Loni, an Israeli citizen who claimed to have extensive experience in launching “highly successful” restaurant fra…
As the virtual restaurant segment grows, there seem to be three dominant paths that take full advantage of the potential for new ways of doing business.
As we get closer to the announcement of the 2020 class of Legal Eagles, let’s look back at what makes them so great.
Liquid 2 Ventures, a seed-stage venture capital firm, is getting into the restaurant business, investing in fast-casual Indian franchise Curry Up Now. The San Francisco-based firm counts among its founders Hall of Fame quarterback Joe Montana, also a s…
A lawsuit filed last month in Illinois against the retailer Target for its use of facial recognition technology illustrates the potential liability for franchises, points out Dawn Johnson, attorney at Greensfelder, Hemker & Gale.
A deal has come undone between Regis Corp. and The Beautiful Group, the Los Angeles-based franchisee that acquired some 500 Regis and Mastercuts mall-based hair salons in 2017.
In a long-planned leadership change-up, Anita Adams has been named CEO of casual dining concept Black Bear Diner.
One month after the National Labor Relations Board absolved McDonald’s of responsibility for alleged labor violations by its franchisees, the franchise industry received further clarity on the issue of joint employment after the U.S. Department of Labor issued a final rule January 12.
Not many international brands get beyond a few locations in big, global markets. But Bonchon just inched over the 100-location mark.