Good News! - June 2018
As we wrap up the first half of 2018, the State of Franchising is strong. Consolidation continues apace as franchisors and private equity firms add new brands to their portfolios and holdings, new brands continue to emerge, emerging brands continue to grow, and domestic U.S. brands are casting their sights overseas. Yet with all this growth and change, it's getting harder to keep up! That's why we provide our "Good News!" monthly digest of selected news items on unit growth, investment and financial developments, international expansion, people, and milestones attained by franchisors large, medium, and emerging. 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
UFG's Jon Smith Subs Reports Both U.S. and International Growth
Planet Fitness Franchisee Group Buys 14 Clubs in Alabama and Virginia
Nékter Juice Bar To Enter 4 New States this Summer in Continued Growth Push
Financial/M&A/Incentives
JAB Holding Buys Pret A Manger in Deal Valued at Nearly $2 Billion
Del Taco Offers Incentives for 5+ Multi-Unit Deals in New Markets
Big Plans, Big Dreams
Firehouse Subs CFO Talks Up Delivery as Take-Out and Mobile Orders Grow
Cicis New CEO Discusses Future Plans for the Brand
Q&A with Subway's VP of Development James Walker
Saladworks To Focus on Franchisees' Success with Smaller Footprint
Del Taco Targets Orlando for Growth
Jamba Juice Looks to San Antonio for 10 New Stores by 2023
Bravo Brio's New Owners Plan Improvements After Acquisition
International
Century 21 Offers Incentives through June to New Franchisees in the UK
New and Emerging Brands
The Juice Shop Kitchen & Juicery Partners with Fransmart, Starts Franchising
Artichoke Basille's Pizza Signs Multi-Unit Deal for Oakland, CA Area
Rise Biscuits Donuts Inks Multi-Unit Deal for Southern California
Tough Mudder Bootcamp Opens First Studio; 10 to 15 More in the Pipeline
Office Evolution Opens First of 10 Planned Locations in Greater Atlanta
People, Awards, Milestones
Ruth's Chris Steak House Promotes President/COO Cheryl Henry to CEO
United Franchise Group (UFG) Receives President's "E" Award for Exports
Blink Fitness Promotes President Todd Magazine to CEO; Names New SVP
Qdoba Names Keith Guilbault CEO, Susan Daggett CFO
Forbes Names Sport Clips Top Medium Investment "Best Franchise To Buy"
Brad Blum Named CEO of FoodFirst Global (Bravo, Brio)
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