Greg Graber has big plans for Huckleberry’s, the breakfast and lunch concept he took over in 2016 and has spent the past two years readying for growth. Graber will share Huckleberry’s story and investment opportunity during the Franchise Times Finance & Growth Conference.
Business and Finance
Planet Fitness, the big-box gym with low-cost memberships, will partner with Kohl’s in 10 test stores to sop up 20,000 square feet of the clothing retailer’s excess space, allowing Kohl’s to “right-size”to 50,000 square feet and Planet Fitness to gain prime locations in large shopping centers.
Laura Michaels is the new editor of Franchise Times effective April 1, replacing Beth Ewen who will take a new role as senior editor.
It seems the dramatic legal battle within the Papa John’s board may finally end.
Last year was more than a little volatile for public franchisors. According to the Rosenberg International Franchise Center, the 50 public franchise companies ended the year down 9.5 percent. That’s behind the general market, as measured by the S&P 500, which was down 6.2 percent in the last 12 months.
The last time Gigi’s Cupcakes changed hands, in 2016, the franchise founded by Gina Butler sold for $6 million to Key Corp. and its affiliate Fund Corp. Now MTY Franchising USA is offering $2 million cash, and Gigi’s is seeking additional qualified bidders before a planned March 25 auction date.
I had a great time interviewing Sean and Leigh Anne Tuohy last Tuesday at their home in Memphis, and also enjoyed staying in the new-ish Graceland Guest House where so many patrons were wearing fancy fringed cowboy shirts and glittery dresses that Elvi…
CEO Greg Flynn discusses why he purchased all 368 units from Arby’s largest franchisee, U.S. Beef, capturing a Franchise Times Dealmakers award to be covered in full in the April issue.
It takes a lot of work to build out the right franchise support team, especially for young franchise systems. It’s a challenge of personnel, cash and capabilities.
Packaging is a hot topic, especially with off-premises channels growing across the board. In a partnership with the NextGen Consortium, Wendy’s is looking to develop more sustainable packaging for its products.