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franchising

Financing

Indiana files an administrative complaint against I Heart Mac and Cheese

 By Jonathan Maze on Apr. 10, 2024

The state, which has already told the company to stop selling franchises, is accusing the fast-casual chain of violating state franchise law.

Financing

A tale of two Subway competitors

 By Jonathan Maze on Apr. 10, 2024

The Bottom Line: As thriving fast-food sandwich chain Jersey Mike’s ponders a potential $8 billion sale, it’s worth comparing the brand to a long-vanquished rival: Quiznos. The difference is unit economics.

Emerging Brands

How breakfast player Squeeze In is primping to find its future growth partner

By Lisa Jennings on Apr. 04, 2024

Squeeze In is known for omelets, generously boozy brunch cocktails and a joyfully wacky community vibe. Here's how the two sisters who own the brand plan to reach 100 units within a decade.

Financing

Dave & Buster's eyes international expansion

By Jonathan Maze on Apr. 01, 2024

The eatertainment concept signed another international development deal as it pushes to bring its restaurant and games venues to more global markets.

Operations

BurgerFi defaults on its credit agreement

By Lisa Jennings on Apr. 01, 2024

The parent company of the BurgerFi and Anthony's Coal Fired Pizza & Wings restaurant chains fell out of compliance with its loan agreement amid weak sales and financial losses. But the CEO insists turnaround efforts are taking hold.

Financing

California cites I Heart Mac and Cheese for franchise violations

By Jonathan Maze on Mar. 29, 2024

The state said that the fast-casual restaurant chain of customizable macaroni and cheese bowls failed to provide proper disclosures on its franchise documents. It’s the second state to take action against the business.

Operations

Can Smashburger get back on track for growth?

By Lisa Jennings on Mar. 28, 2024

Smashburger's new CEO Denise Nelsen is taking a hard look at the brand and how it can reignite expansion, both domestic and international.

Financing

Franchise tension mounts as the restaurant industry changes

By Jonathan Maze on Mar. 20, 2024

The Bottom Line: Restaurant brands want traffic. Franchisees want profitability. The current operating environment is making that a tough choice and the result has increased tension at many franchises.

Operations

Can AI solve the challenge of mass producing a truly artisanal sourdough?

By Lisa Jennings on Mar. 19, 2024

The Croatian food engineers at Boogie Lab are bringing an AI-trained "smart fermenter" to the U.S. in partnership with Delmonico's steakhouse co-owner Dennis Turcinovic. Together they will launch the Boogie Bread bakery brand in North America.

Leadership

Jennifer Schuler named CEO of Handel's Homemade Ice Cream

By Lisa Jennings on Mar. 19, 2024

Former Wetzel's Pretzels CEO Jennifer Schuler joins the Canfield, Ohio-based Handel's Homemade Ice Cream at a time of growth for the 130-unit franchise chain.

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