Bruce Dean, co-founder of Western family restaurant chain Black Bear Diner, has always had an interest in the political and social issues in Nicaragua, where the company sources the majority of its coffee. Using the success of his company to help the communities growing this coffee, Black Bear Diner has launched “Bears Give Back.”
Sports bar franchise Tilted Kilt is about to have new owners following the announcement of an acquisition by ARC Group. ARC, the owner, operator and franchisor of Dick’s Wings & Grill, is set to purchase Tempe, Arizona-based Tilted Kilt, with plans to lay out a refined strategy and action plan for the brand over the next 60 to 90 days.
Ahead of McDonald’s second-quarter earnings, some data shows how the QSR giant is maintaining its lead over the rest of the segment.
From janitor to CEO of early-education franchise The Learning Experience, Richard Weissman is no stranger to impressive growth in the education industry. After “significant interest” from multiple holding companies, TLE was recently acquired by Golden Gate Capital—the next step in its consistent progress.
There are a handful of new multi-brand operators out there, pooling resources to take on the big challenges in the restaurant space, including turning around tired brands. The private equity firm High Bluff Capital Partners is doubling down on the mode…
As online conglomerates take over the retail world, brick-and-mortar stores are scrambling to find ways to lure consumers into their stores. North Carolina-based Fleet Feet, formerly Fleet Feet Sports, is overcoming this trend by combining a rebranding…
Here’s a daunting job description: Become the first CEO other than the legendary founder for a 19-year-old franchise involving fresh-cut fruit arrangements with more than 1,200 units. Reverse declining same-store sales and promote a new brand, launch a new prototype store and enter into an entirely new category of offerings. For Mike Rotondo, it sounded perfect.
Restaurant Brands International announced a deal to build 1,500 Tim Hortons locations across China in the next 10 years.
“While children are the same today as they were when The Little Gym was first founded, moms are not,” said Alex Bingham, CEO of The Little Gym. Evolving to meet the needs of parents is what’s helped The Little Gym not only stay relevant but continue to grow.
So much for summer vacation for the eight franchises targeted by 11 attorneys general in an investigation announced Monday into anti-poaching clauses they may have in their franchise agreements. That’s the wry comment made by Carl Zwisler of Gray Plant Mooty in Washington, D.C., when reached Wednesday. He and partner Mark Kirsch say they are representing a number of franchise brands targeted in the probe, who will need to provide detailed answers to the attorneys general in 10 states and the District of Columbia.