Good News! - September 2018
Well, we survived the summer and all it brought. Now as the first days of autumn approach, activity continues apace in franchising, both domestically and internationally. Consolidation continues, new brands are emerging, emerging brands are growing, and the regulations just keep on coming - and the midterm elections are right around the corner. So we've added a new section we're calling "Regulation, Legislation, Politics, Etc." It's not exactly "good news," but it's good to know about. It's hard keeping up with all the growth and changes, which is why we provide our "Good News!" monthly digest of selected news items on unit growth, investment and financial developments, international expansion, people, and milestones. 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
Applebee's Franchisee Legacy Apple Buys 8 Restaurants in Tennessee
Freddy's Opens 31 New Restaurants in Strong First Half
The Goddard School Opens in Office Building in Tysons Corner, Va.
Roy Rogers Signs 7-Unit Deal for Long Island, N.Y.
Primo Hoagies Signs 3-Unit Deal for Charleston, S.C. Area
Del Taco Highlights 2018 Growth of Established Multi-Unit Operators
Cowboy Chicken Opens 1st Georgia Location of 5-Unit Deal with Van Jakes
Financial, M&A, Incentives
Canada's MTY Food Group Adds SweetFrog in $35 Million Acquisition
SOCi Lands $10.5M To Expand SM and Reputation Management Services
Regulation, Legislation, Politics, etc.
California Legislature Passes Several Restrictive Restaurant Bills
California Bill Would Require Women on Publicly Traded Corporate Boards
Big Plans, Big Ideas, Big Picture
Subway Plans 9,000 Store Remodels a Year, Reduces Cost to Franchisees
Young Rembrandts Turns 30, Details 2018 Growth and 2019 Plans
Former Naf Naf Grill Execs Form Venture Kitchen as a "Brand Accelerator"
International
Ziebart Signs International Master License Deals for Egypt and Costa Rica
Built Custom Burgers Opens in Ghana, 1st in an Area Development Deal
Profile: Mikkel Paris, Auntie Anne's Philippines Master Franchisee
Papa John's Opens First of 16 Planned Stores in Kazakhstan
New and Emerging Brands
Sauce on the Side Opens It First Franchise (Chesterfield, Missouri)
Main Squeeze Juice Co. Signs 3-Store Deal in Louisiana
Pokeatery Set To Open a Franchise in Houma, Louisiana
Beverly Hills Rejuvenation Center Expands to San Diego
NYC's Taboonette Middleterranean Kitchen Launches Franchise Program
Curry Up Now Signs Multi-Unit Deal for Central and Northern New Jersey
Famous Toastery, with 32 Units, Announces Growth Plans for the Year
King's Bierhaus Sign First Franchisee in 3-Unit Deal
West Industries Rebrands as AeroWest, Revamps Franchising Program
People, Awards, Milestones
Smoothie King Celebrates Its 1,000th Store Opening
Tropical Smoothie Cafe Celebrates Its 700th Opening
Genghis Grill Turns 20, Celebrates with One Day of Throwback Prices
Red Robin To Replace COO Carin Stutz with CFO Guy Constant
Tijuana Flats Names Rick Van Warner CEO
Chili's President Kelli Valade Leaves To Be TDn2K CEO; Wyman Roberts Returns
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