Just last September Kathleen Kuhn launched a new brand—PatchMaster, a drywall repair service. Six months later, the sister company to HouseMaster has signed its 50th location, reaching the milestone much faster than most.
“The men in my household had so much conviction that women were equal to men,” said Indra Nooyi, who went on to become PepsiCo’s first female CEO and spoke about her career today during the Women’s Foodservice Forum’s annual conference in Dallas.
Before launching Smokin’ Oak as a franchise, its leadership spent more than a year learning to create a high-quality franchise system.
North Carolina-based Golden Corral is finding riches along the West Coast, as the southern-themed grill-buffet chain begins to tap the massive California market after first opening in the City of Industry back in 2012.
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.
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.