Good News Is Back!
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're bringing back our "Good News" roundup of selected news items about unit growth, investment and financial developments, international expansion news, refranchising, and milestones attained by franchisors large, medium, and small. 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
Pie Five To Open 30 New Locations in North Carolina
Caribou Coffee, Einstein Bros. Bagels To Co-Brand 20 Units by Year-End
Pollo Tropical To Open 12 Units in DFW
BurgerFi Announces 18 Units in Texas in 2 Deals
McAlister's Sells 5-Pack to Dunkin' Franchisee in Chicago Market
The Joint Corp. To Open 12 Clinics in LA, 4 in Chicago
Financial/Investment
John's Incredible Pizza Company Lands $39.5 Million Loan from Citizens Bank
Sonic Reports 7.3% Same Store Sales Growth for Fiscal 2015
63-Unit Outback Steakhouse Franchisee Acquired by PE Group
Skechers Co-Founder & Partner Acquire Controlling Stake in Fitwall
H&R Block Announces New $2 Billion Credit Facility
International
Red Roof Inn To Open First Hotels in Thailand
Krispy Kreme Debuts in Peru: 24 Units in 5 Years
Krispy Kreme Debuts in Bolivia: 12 Units in 5 Years
Fastsigns Boosts Canadian Expansion
McDonald's To Add 250 Units in Western, Southern India
Pieology Pizzeria To Open First Units in Guam and Saipan
Milestones/Anniversaries/Awards
Salata Celebrates 10th Anniversary
Brightway Celebrates Seventh Anniversary
Fyzical Therapy & Balance Centers Opens 100th Location
Penn Station East Coast Subs Turns 30, Approaches 300 Units
Mary Kennedy Thompson Receives 2015 Don Dwyer Award of Excellence
Retirements
Jamba CEO James White To Step Down When Successor Named
Wendy's CEO Emil Brolick To Retire; CFO Todd Penegor To Assume Reins
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