NRD Capital is set to take Ruby Tuesday private in a deal that values the storied casual diner at $335 million.
Franchise Freeway News
Craig Culver inked a deal last Friday with Roark Capital, the private equity firm that bought a minority stake in the 640-unit Culver’s chain, but it’s a move Culver had resisted for years.
Everybody is talking about the labor shortage these days, and one of the most respected names in franchising, Mary Kennedy Thompson of the Dwyer Group, has several astute things to say on the topic as well as research to back it up.
Here’s the latest entry on the prepared meal scene—Tampa-based Fitlife Foods, which operates stores that sell nothing but already cooked meals ready for customers to pick up or to have delivered. Fitlife spent more than six years improving its business model, and is now rolling out a franchise program in Florida.
Millions of parents need child care and increasingly, as our recently released Franchise Times Top 200+ segment numbers show, they want that care to include education. It’s double-digit sales increases all around for this year’s top three early education and care provider concepts, with Kiddie Academy leading the way.
Jersey Mike’s jumps 14 spots to No. 102 on our annual ranking, and while the company’s president says he wishes he could point to one defining move Jersey Mike’s made last year to boost sales, the reason for the notable growth is much more basic.
I interview a lot of business people about countless interesting companies in franchising, but every now and then one really sticks with me and gets my gears turning. The latest such example is Conserva Irrigation, a MN-based brand under the Outdoor Li…
Michael Kornick is not a very good person to talk to when you’re hungry and stuck in the office. He’s a five-time James Beard-nominated chef and one of three partners rolling out a franchising program for DMK Burger Bar, and he described the burger pictured nearby, along with the favorites of his partners’, in mouth-watering and excruciating detail one day this week, at lunchtime.
Scott Crane joined Dallas-based Rave Restaurant Group as CEO in January, after the parent company of Pie Five Pizza and Pizza Inn had turned in some tough quarters and the former CEO was gone. Several months of research have led to some promising tests…
For the big box, value-priced gym concept, it’s a leap President and CFO Dorvin Lively attributes to three factors: brand positioning, franchisees’ growth and attracting members.