Franchise Times Magazine

Franchise Times Magazine The nation's top publication devoted exclusively to the franchise community

Rob Cooper and his team at LOL Entertainment are not intimidated taking on technology-driven brands that create fun and ...
11/02/2024

Rob Cooper and his team at LOL Entertainment are not intimidated taking on technology-driven brands that create fun and immersive virtual reality experiences.

In fact, they embrace them.

LOL Entertainment, one of the largest Museum of Illusions operators in North America with a fifth location scheduled to open in November next to Boston’s iconic Faneuil Hall Marketplace, signed on with location-based virtual reality brand Sandbox VR. Its agreement is to open four locations in Baltimore, Boston, Philadelphia and Washington, DC, with the option of expanding development in those markets.
https://bit.ly/3Yt1INz

Rob Cooper and his team at LOL Entertainment are not intimidated taking on technology-driven brands that create fun and immersive virtual reality experiences.

11/02/2024

Ever wonder how consumers feel about your franchise? Franchise Times editorial staffers check out three brands in a different genre each month, and report back in FT Undercover.

https://bit.ly/40m1LNO

11/01/2024

CEO Ricky Richardson’s no-nonsense leadership approach at Eggs Up Grill is key to the brand’s store growth as it crossed the 80-unit mark this year. The company did $81 million in sales in 2023.

https://bit.ly/40pd1Jl

The reason for opening a plant-based, mission-heavy restaurant in Los Angeles is a person one for Mr. Charlie’s Told Me ...
11/01/2024

The reason for opening a plant-based, mission-heavy restaurant in Los Angeles is a person one for Mr. Charlie’s Told Me So co-founder Taylor McKinnon.

About a decade prior to launching the company in 2022, McKinnon was homeless in Los Angeles and rehabilitating at a homeless shelter, the Dream Center. When he had the opportunity, he wanted to give back to the community and help others the way they helped him.

“We created a restaurant that served plants in a unique way, that only employed people recovering and we partnered with the Dream Center, where I lived, as a way to for me to give back from my own story,” McKinnon said.

https://bit.ly/40r8OF9

The reason for opening a plant-based, mission-heavy restaurant in Los Angeles is a personal one for Mr. Charlie’s Told Me So co-founder Taylor McKinnon.

Nothing Bundt Cakes led the Franchise Times Top 400 specialty retail category in percentage sales growth, up 20 percent ...
10/31/2024

Nothing Bundt Cakes led the Franchise Times Top 400 specialty retail category in percentage sales growth, up 20 percent in 2023 to $741 million. High inflation in 2023 didn’t keep consumers away from retail brands, as many franchises in the segment grew sales last year.

https://bit.ly/4feIlOX

High inflation in 2023 didn’t keep consumers away from retail brands, as many franchises in the segment grew sales last year.

Nora Farhat is a franchisee of Mathnasium, Wonderly Lights, Real Time Property Management, British Swim School and Pool ...
10/30/2024

Nora Farhat is a franchisee of Mathnasium, Wonderly Lights, Real Time Property Management, British Swim School and Pool Scouts. She opened a location for each brand because of needs she saw in her community.
https://bit.ly/47HF3RU

“When I was looking to relocate back to the U.S., I thought it’s now or never,” said five-brand franchisee Nora Farhat. “This is something that I’ve always wanted to do.”

Jennifer Dodd started her restaurant career 30 years ago, initially dressing up as the Wendy’s girl (red wig and everyth...
10/29/2024

Jennifer Dodd started her restaurant career 30 years ago, initially dressing up as the Wendy’s girl (red wig and everything) before eventually running her own businesses.
https://bit.ly/3ZBIqrC

Jennifer Dodd started her restaurant career 30 years ago, initially dressing up as the Wendy’s girl (red wig and everything) before eventually running her own businesses. Since March, she’s been

Months after establishing its franchise system, The Pickle Pad is beginning to sign development deals.Founded in 2023, t...
10/29/2024

Months after establishing its franchise system, The Pickle Pad is beginning to sign development deals.

Founded in 2023, the pickleball concept is the latest from NRD Capital portfolio company Indoor Active Brands, which also owns Altitude Trampoline Park. Following the opening of its first corporate location in Tallahassee, Florida, the franchisor signed a seven-unit agreement to grow north along the East Coast.

Signing on with the emerging brand is Vikas Kapila of Richmond, Virginia, who plans to develop locations in both his home state and South Carolina. Kapila, who has a background as a software engineer with experience in telecommunications, said he looked into franchising after attempting his own entrepreneurial ventures.

https://bit.ly/4f7d5lH

Months after establishing its franchise system, The Pickle Pad is beginning to sign development deals.

November/December 2024 cover
10/28/2024

November/December 2024 cover

A lacrosse and basketball fan with 30 years of experience boosting underperforming brands.https://bit.ly/47KwXYP
10/28/2024

A lacrosse and basketball fan with 30 years of experience boosting underperforming brands.
https://bit.ly/47KwXYP

A lacrosse and basketball fan with 30 years of experience boosting underperforming brands, Uni K Wax CEO Heather Harris is showing off what makes the concept special. Harris previously worked

Domino’s Pizza last month launched its “Moreflation” promotion, taking aim at the rise in consumer complaints about shri...
10/27/2024

Domino’s Pizza last month launched its “Moreflation” promotion, taking aim at the rise in consumer complaints about shrinking portion sizes from across the foodservice and retail landscape. Dubbed “shrinkflation”—cutting product sizes while charging the same or higher prices—the practice is now drawing attention from lawmakers.
https://bit.ly/407ixAi

Domino’s Pizza last month launched its “Moreflation” promotion, taking aim at the rise in consumer complaints about shrinking portion sizes from across the foodservice and retail landscape. Dubbed “shrinkflation”—cutting product

Snacking has almost become its own daypart as consumers spend on their mid-morning smoothie, afternoon bubble tea or qui...
10/27/2024

Snacking has almost become its own daypart as consumers spend on their mid-morning smoothie, afternoon bubble tea or quick pre-dinner bite. Franchises in the snack segment grew total sales nearly 9 percent last year, recently released Franchise Times Top 400 data shows.
https://bit.ly/404TFZK

Snacking has almost become its own daypart as consumers spend on their mid-morning smoothie, afternoon bubble tea or quick pre-dinner bite. Franchises in the snack segment grew total sales nearly

Thanks to locations open in three busy airports and it first franchise agreements signed, Protein Bar & Kitchen’s develo...
10/26/2024

Thanks to locations open in three busy airports and it first franchise agreements signed, Protein Bar & Kitchen’s development plans are taking off.

Still, CEO Jeff Drake is not ready to celebrate just yet. The head of the better-for you fast casual concept sees plenty of empty runway ahead to grow his brand beyond its current count of 16 locations.
https://bit.ly/4f7JeZY

Thanks to locations open in three busy airports and it first franchise agreements signed, Protein Bar & Kitchen’s development plans are taking off.

Korean fried chicken wing franchise Bonchon forms a collaborative relationship with its operators, allowing for flexibil...
10/26/2024

Korean fried chicken wing franchise Bonchon forms a collaborative relationship with its operators, allowing for flexibility. That initiative, in part, contributed to higher sales in 2023. Chicken wings soared high in sales last year. The eight-brand category did $4.3 billion last year, a 22 percent year-over-year increase. Unit growth increased by 10.5 percent.
https://bit.ly/4dLPWUb

Korean fried chicken wing franchise Bonchon forms a collaborative relationship with its operators, allowing for flexibility. That initiative, in part, contributed to higher sales in 2023.

Growing up in the restaurant industry and being a child of the guy who started one of most successful fast food chains i...
10/25/2024

Growing up in the restaurant industry and being a child of the guy who started one of most successful fast food chains in America, Carl Karcher is always on the hunt for the next exciting concept to add to his portfolio.

The son of Carl N. Karcher, the founder of Carl’s Jr. restaurants, believes he found one in teppanyaki-style concept Pepper Lunch.

https://bit.ly/3YnwAQW

Growing up in the restaurant industry and being a child of the guy who started one of most successful fast food chains in America, Carl Karcher is always on the

Church’s Texas Chicken is reemphasizing value to grow the franchise. Frank Costello, senior franchise executive, is one ...
10/25/2024

Church’s Texas Chicken is reemphasizing value to grow the franchise. Frank Costello, senior franchise executive, is one of many refocusing the brand’s image.
https://bit.ly/3TN5lfJ

Church’s Texas Chicken is reemphasizing value to grow the franchise. Frank Costello, senior franchise executive, is one of many refocusing the brand’s image.

Urban Air is the largest brand owned by Unleashed Brands, a multi-concept youth enrichment platform company owned by Mic...
10/25/2024

Urban Air is the largest brand owned by Unleashed Brands, a multi-concept youth enrichment platform company owned by Michael Browning Jr. that also includes Snapology, The Little Gym, XP League, Class 101 and Premier Martial Arts.
https://bit.ly/4f3ifiA

Like most brands that require large indoor spaces to operate, a tight and competitive commercial real estate market forced Urban Air Adventure Park to rethink its development strategy.

Hair styling franchise Blo Blow Dry Bar will finish the year with 19 units of its sister brand LashKind. The Toronto-bas...
10/24/2024

Hair styling franchise Blo Blow Dry Bar will finish the year with 19 units of its sister brand LashKind. The Toronto-based company bought eyelash extension company LashBar and it’s converting the existing stores to LashKind. https://bit.ly/3NsJruQ

Hair styling franchise Blo Blow Dry Bar will finish the year with 19 units of its sister brand LashKind. The Toronto-based company bought eyelash extension company LashBar and it’s converting

Hartl is part of the larger story on the Crunch Fitness brand, which leads our coverage for the Franchise Times Top 400,...
10/24/2024

Hartl is part of the larger story on the Crunch Fitness brand, which leads our coverage for the Franchise Times Top 400, the ranking of the largest 400-plus franchises in the nation based on worldwide sales.
https://bit.ly/3Y1b3xh

I’ve done more than my share of presentations on franchising over the years, some on the state of the sector for industry groups, or for general business organizations on the

Despite years of squinting at our phones, people still don’t like digital menus. In all, 59 percent of respondents said ...
10/23/2024

Despite years of squinting at our phones, people still don’t like digital menus. In all, 59 percent of respondents said using smartphone menus exclusively was not acceptable.
https://bit.ly/3XLC7iy

I love restaurants. I’m not shy to splurge on a great meal. I geek out about food and what’s going on in the back, and I’m forgiving of mediocre experiences

A pension fund and three former shareholders allege Restaurant Brands International abused its control over its largest ...
10/23/2024

A pension fund and three former shareholders allege Restaurant Brands International abused its control over its largest Burger King franchisee to force a sale of the business.

Plymouth County Retirement Association, along with former stockholders Scott Hamparian, Emad Tadros and Zeiad Tadros, filed a lawsuit October 10 in Delaware Chancery Court accusing RBI of effectively coercing Carrols Restaurant Group to sell its 1,022 Burger King restaurants to the parent company in May for $1 billion.
https://bit.ly/40eGVjo

A pension fund and three former shareholders allege Restaurant Brands International abused its control over its largest Burger King franchisee to force a sale of the business.

Despite inflation in the United States reaching its lowest point in three years and the Federal Reserve’s cutting of int...
10/22/2024

Despite inflation in the United States reaching its lowest point in three years and the Federal Reserve’s cutting of interest rates for the first time in four years, franchisors are less confident they’ll meet 2024 growth goals.

Just 33.3 percent of the nearly 700 franchisor chief executive, chief financial and chief development officers surveyed for BoeFly’s Franchise Growth Confidence Index said they expect their brand will meet its franchise growth goals this year, given the economic environment.

https://bit.ly/3YqozKU

Despite inflation in the United States reaching its lowest point in three years and the Federal Reserve’s cutting of interest rates for the first time in four years, franchisors are

A strong fiscal year ending this summer has led to encouraging stock growth for tax services brand H&R Block.https://bit...
10/22/2024

A strong fiscal year ending this summer has led to encouraging stock growth for tax services brand H&R Block.
https://bit.ly/3TN4ICT

A strong fiscal year ending this summer has led to encouraging stock growth for tax services brand H&R Block.

In June, headlines circulated about McDonald’s losing its Big Mac trademark in the European Union—not for its legendary ...
10/21/2024

In June, headlines circulated about McDonald’s losing its Big Mac trademark in the European Union—not for its legendary two all-beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame seed bun, but for poultry products and brand names.
https://bit.ly/4gzI3DU

In June, headlines circulated about McDonald’s losing its Big Mac trademark in the European Union—not for its legendary two all-beef patties, special sauce, lettuce, cheese, pickles, onions on a sesame

Gary Skidmore, senior vice president and chief operating officer at Big O Tires, said economic factors such as inflation...
10/20/2024

Gary Skidmore, senior vice president and chief operating officer at Big O Tires, said economic factors such as inflation impacted sales, but customers didn’t stop coming through the door. Instead, shoppers looking for new tires went for lower-cost options.
https://bit.ly/3A8FJ6n

Though customers were more selective in their spending, the need for car maintenance meant continued sales growth for car care concepts.

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