Good News! - January 2019
Welcome to 2019! Are you ready for a new year of growth, domestically? What about internationally? Changes in franchising in 2018 seemed to be turbo-charged. Mergers and acquisitions abounded last year in a wave of private equity-fueled investments and consolidation - accelerating the merry-go-round of C-suite changes. It's hard keeping up with all the changes - which is why we provide this monthly digest of selected news items on unit growth, investment and financial developments, international expansion, people, and milestones. Last year we added a section called "Regulation, Legislation, Politics, Etc." - and while it's not always "good" news, it's good to know. We also added a section on Technology, recognizing its key role in achieving sales goals and system growth. This year we've added two new sections: Leadership and Franchisor-Franchisee Relations. So 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
Del Taco Opens 3 New Stores in Greater Atlanta
The Joint Chiropractic Signs Deal with Relax the Back
Financial, M&A, Incentives
NRN's 2018's Restaurant M&A Summary Lists More than 40
WellBiz Brands Sells Fit36 brand to Georgia-Based Investment Firm
Home Franchise Concepts Buys AdvantaClean, Its 4th Brand
Regulation, Legislation, Politics, Etc.
2019 Legislative Outlook for Franchising from Littler Mendelson
Joint Employer: U.S. Appeals Court Makes Business-Friendly Ruling
Franchisor-Franchisee Relations
Jack in the Box Franchisees Sue Over Marketing Funds and Remodels
McDonald's New Owners Association Meeting Draws 75% of Franchisees
Big Plans, Big Ideas, Big Picture
Interim HealthCare Plans Expansion to 45 to 50 Units by Year-End
Anytime Fitness Aims To Double Its Tennessee Gyms to 63 in Next 5 years
Lift Brands Evolves Strategic Direction with New Leadership
International
Church's Chicken Unveils First-Ever Global Brand Positioning
New and Emerging Brands
Chop Stop Inks Deals for 16 New Restaurants in 3 States
Main Squeeze Juice Co. Has Big Plans for 2019
Creamistry Reports a Strong 2018 with 18 New Openings & a China Deal
The Lost Cajun Reports Record-Breaking Growth in 2018
Leadership
Management Is Not Leadership; Learn the Difference
Q&A with Homewatch CareGivers CEO Julie Smith
10 Daily Leadership Resolutions for 2019 from Jim Sullivan
Schlotzsky's President Kelly Roddy on the Brand's Rebirth at 50 (Podcast)
Culture as a Key to Franchise Success
People, Awards, Milestones
Herb Kelleher, Southwest Airlines Founder and Airline Pioneer, Dies at 87
Quiznos Hires Tim Casey as CEO of Newly Formed Rego Restaurant Group
Wetzel's Pretzels Promotes Jennifer Schuler to CEO; Bill Phelps Steps Down
A&W Adds President to COO Paul Martino's Responsibilities
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