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The good news: Franchising is experiencing a remarkable growth phase – not only in unit count and system-wide revenue, but also in the number of new and emerging brands. The bad news: It’s harder to keep up with all the good news! That’s a nice problem to have – and why we’ve brought back our “Good News!” roundup of selected news items on unit growth, investment and financial developments, international expansion news, refranchising, and milestones attained by franchisors large, medium, and emerging. Here’s your chance to follow the leaders, every third Tuesday of the month.
So if you’re not doing it already, send us your good news here.
ZIPS Dry Cleaners Signs 9-Unit Area Development Deal for Maryland
Dickey’s Barbecue Pit Signs 4-Store Development Deal in Oregon
PizzaRev Opens First Long Island Store; 3 More Coming
Snapology Opens 24th Unit; Plans 20 New Locations Annually
Shoney’s Continues Brand Revitalization with New Unit in Alabama
Potbelly Sandwich Shop Signs 4-Unit Deal for Little Rock Area
Famous Dave’s Inks 3-Unit Area Development Deal for Charlotte
Margaritas Mexican Restaurant Targets Growth in the Northeast
Gyroville, 9-Unit Fast Casual Greek Concept, Preps for National Expansion
TravelCenters of America Completes Quaker Steak & Lube Acquisition
Growler USA Acquires Smiling Moose Rocky Mountain Deli, Plans Expansion
DoubleTree Resort by Hilton Opens First Hotel in Fiji
Pieology Pizzeria Opens First of Three Stores in Guam
Hampton by Hilton Enters Chile with Colombia-Based Partner
PizzaRev Opens First International Location (Monterrey, Mexico)
Anago Cleaning Systems Signs Master Franchise Deal in Manitoba
Yum China Bounces Back in Q1; Operating Profit Up 35 Percent
Lee’s Famous Recipe Chicken Celebrates 50 Years
Wag N’ Wash Natural Food & Bakery Opens 10th Unit (Las Vegas)
Big Air Trampoline Park (3 Locations) Launches Franchise Program
Smashburger’s New CEO Michael Nolan Is Poised for Growth
MOD Pizza Names Bob Barton CFO; IPO Ahead?
Huddle House Names Jarrod Brooks New Director of Franchise Development
Qdoba Mexican Eats Promotes COO Keith Guilbault to President