Good News! - November 2018
Here comes Thanksgiving, and activity continues apace in franchising, both domestically and internationally. It's hard keeping up with all the changes, which is why we provide "Good News!", a monthly digest of selected news items on unit growth, investment and financial developments, international expansion, people, and milestones. We recently added a section called "Regulation, Legislation, Politics, Etc." - and while it's not always "good" news, it's good to know. This month we're adding another new section on technology because of its key role in achieving sales goals and system growth. 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
Artichoke Basille's Pizza To Open in Hoboken in 2019, First of 5 in N.J.
Jersey Mike's Opens at LAX, Adding Another Airport Location
Dunkin' To Add 12 New Locations in Denver Area
Dickey's Barbecue Pit To Bring 21 New Locations to New York
Uno Sells 8 Company-Owned Uno Pizzerias in Refranchising Start
Fajita Pete's To Add 10 New Units in 3 Separate Deals
Financial, M&A, Incentives
Bojangles' (750+ Restaurants) Sold to Durational Capital Management
ARC Group To Close Tilted Kilt Acquisition, Following Fat Patty's Buy
Painting with a Twist (300+ Studios) Acquires 20-Unit Bottle & Bottega
Real Mex Restaurants (Chevy's, El Torito) Rebrands After Bankruptcy
Pure Barre (500+ Units) Acquired by Xponential Fitness
Craftworks Buys Logan's Roadhouse; Hazem Ouf Named CEO of New Company
Regulation, Legislation, Politics, Etc.
Joint Employer: Comments on NLRB Proposed Rulemaking (Fox Rothschild)
Tip Credit: DOL Reissues Guidelines for Side Work Pay Rates
FASB: IFA Task Force Prevails in Franchise Fee Reporting
Big Plans, Big Ideas, Big Picture
El Pollo Loco Announces Plan for "Significant" Brand Relaunch in 2019
Impossible Foods Plant-Based Burgers To Debut in Grocery Stores in 2019
International
Dickey's Barbecue Expands in Canada, Plans 45 in Middle East
Burger King Owner RBI To Boost Focus on Remodels and Operations
New and Emerging Brands
Mamoun's Falafel Signs Lease for First of Six Atlanta Locations
1st Class Real Estate Now Offering Franchises in 34 States
The Work Lodge, a Co-Working Concept, Begins Franchising
Sunbelievable, a Tanning Salon Concept, Begins Franchising
Technology
Tropical Smoothie Selects Appetize To Upgrade POS System
SpotOn Buys Emagine POS To Boost Pay-at-the-Table Capabilities
Online Security: 10 Recommendations for Businesses in 2019
PlayerLync Mobile Content Platform Lands $12.5 Million in Funding
5 Components To Consider with Franchise Operations Software
Fountain Announces Free Hiring and Onboarding Service for Franchisees
Web.com for Enterprise Partners with 3 Health & Fitness Brands for Growth
Fishbowl To Launch Rewards Manager Loyalty Product Based on Promotions Manager
People, Awards, Milestones
All Suites Brands By Hilton Opens 1,000th Property
Blaze Pizza Turn 6, Opens 300th Restaurant
Meg Roberts Joins Franworth as President of The Lash Lounge
Assisted Living Locators Opens 100th Franchise
Logan's Roadhouse Promotes COO Tim Kaliher to President
Kona Grill Names Marcus Jundt and Steve Schussler Co-CEOs
Chanticleer Holdings Names Fred Glick President
CEC Entertainment Names New President, CMO for Peter Piper Pizza
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