Good News! - July 2016
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.
New Units/Growth/Expansion
Dunkin’ Donuts Announces Kiosks Coming to BJ’s Wholesale Clubs
Marco’s Pizza Reports First Half Growth, Opens 700th, Eyes 1,000 in 2017
Lime Fresh Mexican Grill Franchisees Eye 6 to 10 New Units in South Florida
Billy Sims Barbecue Opens 3rd of 5+ Kansas Units Planned for 2016
Newk’s Eatery Signs 6-Unit Deal for Atlanta with C2 Investment Partners
Dickey’s Barbecue Pit To Bring 3 New Stores to Amarillo Area
Big O Tires Opens 21st Nevada Store, 12th Unit for Franchisee
Financial
Yum! Brands Q2 Profit Buoyed by China; Spinoff Set for October 31
800 Degrees Neapolitan Pizzeria Gets PE Infusion, Hires New CEO
Fired Pie Lands Funding from Former Patina Restaurant, Real Mex Exec
Juice It Up!’s Q2 Same Store Sales Rise 10%; 100 Units Eyed by Year-End
Big Plans, Big Dreams
NRD Capital Revamps Frisch’s Big Boy Following $175 Million Acquisition
Salata Re-Starts Franchising Program; Seeks Multi-Unit Operators
Ziebart International Announces Chicago Expansion Plans
International
Hilton Worldwide Teams with Icelandair Hotels, Opens Canopy in Reykjavik
Papa John’s Opens First of 100 Stores Planned for the Netherlands
New And Emerging Brands
Nature’s Table Opens 32nd Florida Unit, Franchisee’s 7th
uBreakiFix Opens 27 Stores in Q2, Passes 200 Total
Eggs Up Grill Opens in North Carolina, Bringing Total to 16
People &Amp; Awards
Chili’s Grill & Bar Names Kelli Valade President
Quiznos Promotes Global CMO Susan Lintonsmith to President, CEO
Tilted Kilt Names Eddie Goitia CEO, Logan Reves COO
GPS Hospitality Named Georgia Fast 40 Company for 2nd Year in a Row
Ballard Brands Names Peter Boylan New President, David Mesa CDO
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