IRVINE Calif. Diedrich Coffee Inc. has agreed to sell the domestic franchise operations for the Gloria Jean’s Coffees brand for $3.1 million to Praise International North America Inc., the U.S. master franchisee for the brand. The company...
NEW YORK —Nation’s Restaurant News, in a major revamp of its popular MUFSO conference, has created an advisory board of industry leaders to help develop an expanded and powerful educational program...
Franchisors with expanding concepts always have been road warriors, but a growing number are becoming even more so as the economy has tightened.Looking to reduce travel expenses for franchisees and regional employees while still offering face-to...
WASHINGTON Restaurants are one of few franchised businesses actually expanding, even if only slightly, during this economic downturn, according to an International Franchise Association Educational Foundation report released Wednesday. The...
Despite a rich and varied foodservice career, Gary Occhiogrosso sees himself more as a franchisor than a restaurateur. He grew up in an Italian-pastry bakery, became an entrepreneur in the candy business, and over the course of 25...
ARLINGTON Va. —The rate of growth of new franchised restaurant concepts has slowed dramatically in the past year, the result of an anemic economy, the lending crisis and growing franchise...
With 2,415 units in the United States, Little Caesars Pizza is continuing to grow in these tough economic times by recruiting franchisees from the growing ranks of former auto industry careerists who’ve lost their jobs due to cutbacks, said Dave...
Despite the quagmire in commercial lending making access to credit difficult, financing remains available for qualified foodservice franchisees, say lawyers, franchising experts and Small Business Administration officials.Even given the...
This is the fourth in a series of seven articles exploring the growth cycles of some of the industry’s hottest concepts. Each story looks at a different facet of the evolution of emerging chains, from conception to financing to expansion into new...
When Joshua Richman joined the six-unit Happi House fast-casual chain as president and chief executive in March, his instructions from the board were to grow the brand. After a 12-year lull in franchising, the San Jose, Calif...