Good (and Other) News! – January 2021
Welcome to 2021’s first “Good News” roundup. We’ve added a note of realism, calling it “Good (and Other) News,” to reflect the ongoing effects of the pandemic on franchising. So, in addition to our regular roundup of business growth and change, we’ve added a section on how businesses are coping with the coronavirus – for better and for worse. Sorry, it’s not all good news right now… but you knew that.
Here’s your chance to follow the leaders, every third Tuesday of the month! And if you’re not doing it already, send us your good news here!
COPING WITH COVID – REOPENING, RECOVERY, & CLOSINGS
Covid-19 Propelled Businesses Into the Future, Ready or Not
5 Predictions for Franchising in 2021 (FranConnect)
Restaurant Stocks Rose in 2020 Despite the Pandemic
NRA: 10 Trends That Helped the Restaurant Industry Survive in 2020
Pandemic Recovery Will Be Uneven, But Restaurants Will Emerge Stronger
Small Businesses, Hit Hard by Pandemic, Are Being Starved of Credit
Goldman Sachs Adds $250 Million for Small Businesses, 2020 Commitment Totals $1 Billion
Webinar – Jan. 26: Thinking Beyond, with Panera Bread & Paytronix CEOs
Webinar – Feb. 24: Managing Change in 2021: Systems, People, and How They Must Work Together
FINANCE/M&A
Wendy’s and Flynn Restaurant Group Come to Terms on NPC’s Bankruptcy Sale
Capriotti’s Acquires Wing Zone, Creates $150 Million Company
Peak Rock Capital Buys 300-Unit Shipley Do-Nuts
BoxUnion Acquires Title Boxing Club
Neighborly Acquires Precision Door Service, Grows to 28 Brands
Saladworks Parent Centre Lane Partners Buys Garbanzo Mediterranean for $1.2 Million
Driven Brands Launches IPO: 38 Million Shares at $17 to $20 Per Share
SBA Releases Interim Final Rules Related to Second Draw PPP
What the Coronavirus Stimulus Bill Means for Restaurants
NEW UNITS/GROWTH/EXPANSION/NEW & EMERGING BRANDS
Smoothie King Opened a Record 263 Stores in 2020
Wow Bao To Add 100 Delivery-Only Locations in Partnership with Franklin Junction
Tasty Restaurant Group Adds 37 More Pizza Huts
DBMC Restaurants Inks 30-Store Development Agreement with MOD Pizza
Prospect Capital Restaurants Teams with Corlex Capital in 23-Unit Wingstop Deal
Solis Management Signs 20-Store Development Agreement with Marco's Pizza
Area Developer Group To Add Another 15 MassageLuxe Locations in Florida
Freddy’s Frozen Custard & Steakburgers Opens 400th Location
LEADERSHIP
Scenario Thinking: Confronting Uncertainty Through and Beyond Covid-19
The Visionary/Integrator Dynamic Duo
Dawn Sweeney, Former NRA CEO, Joins New England Consulting Group
LEGAL
Businesses Feared a Flood of Covid-19 Lawsuits – It Hasn’t Happened
Pandemic Shows Why Mandatory Mediation May Be the Future for Business Disputes
NYC’s Covid-19 Anti-Harassment Laws Upheld, Provides Protections for Small Businesses
MARKETING
Why Penn Station East Coast Subs Killed Its App
Forrester: How Consumer Expectations for Brand Experiences, Personalization Are Changing
What’s on Digital Marketers’ Minds Entering 2021: 5 Key Trends
How Subscription Services Are Helping Revive Restaurants
Burger King Unveils First Complete Rebrand in More than 20 Years
Webinar – Jan. 28: 2021 SEO Predictions (Searchmetrics)
OPERATIONS
6 Surefire Opportunities for Restaurants in a Post-Covid World
Third-Party Food Delivery in 2021: From Consolidation to Reconciliation?
TECHNOLOGY
Deloitte: 12th Annual Tech Trends Report Looks Ahead to 2021
You Can’t Be Customer-Centric If You Can’t See Consumer Journeys
FRANCHISING CARES
Dippin’ Dots Ultra-Cold Freezers Called on To Preserve Covid Vaccines
Everytable: Fighting Racial Inequity with a New Franchise Model
Take 5 Oil Change Raises More Than $1 Million for 49 Independent Children’s Hospitals
CertaPro Painters Raises More Than $100,000 for Breast Cancer Research Foundation
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