Nearly Half of Restaurants Owned by Women
New research from the National Restaurant Association shows that nearly 50 percent of restaurants are now owned by women.
Domino’s Refranchises 26 Minneapolis Locations
Domino’s Pizza announced that it has refranchised its 26 Minneapolis-based, company-owned stores to a local owner-operator.
With the acquisition, franchisee Bill Graves’ company, Ultimate Challenge, becomes the third-largest U.S. Domino’s Pizza franchise, operating 73 stores in six states.
UFood Grill Added to SBA’s Franchise Registry
UFood Restaurant Group announced that the U.S. Small Business Administration (SBA) has listed its UFood Grill healthy fast-casual restaurant concept on its official Franchise Registry.
The Franchise Registry is a compilation of franchise systems that have had their franchise agreement reviewed by the SBA, thereby materially expediting the loan approval process for franchise investors and ensuring a consistent eligibility decision.
Jus-Made Hires Corey Schiff
Jus-Made, a rapidly growing beverage manufacturer in Dallas, Texas, announced that industry expert Corey Schiff has joined its executive team as vice president of business development.
QSR Editor Advises New Financial Reference Website
Ever wondered what exactly a daypart is or when to use the term “front of house”?
A new website, www.fiwords.com, will tell you just this – at a price, of course.
Fiwords.com, the “Financial Writer’s Stylebook,” offers subscribers – who pay just $12 a year – a simple way to decode terms from the foodservice, business, and finance industries and a guide on when to use them.
Jamba Juice Pairs Up with SYGMA
Jamba Juice and SYGMA, a national foodservice distribution company owned by Sysco Corporation, announced their plans to form a supply chain distribution alliance.
The proposed alliance will enable Jamba to consolidate distribution channels and achieve greater efficiencies in their supply chain as well as position Jamba for faster expansion of services into existing and new geographic locations.
“The move to SYGMA is anticipated to drive several improvements for Jamba Juice,” says Greg Schwartz, senior vice president of supply chain for Jamba Juice.
Whataburger Brings the Heat
Whataburger is heating up February’s chilly weather with its Jalapeno Week promotion. Beginning Monday, February 14th through Sunday, February 20th, customers can add jalapenos to any burger, sandwich, taquito, or other entree for free.
Fazoli’s Sets Up Shop in a Walmart
Fazoli’s announced that as part of its growth strategy and push into nontraditional locations, it will open its first Walmart location on February 15.
The newest Fazoli’s will be christened with grand-opening and ribbon-cutting ceremonies at the Walmart Supercenter at 3270 Telegraph Road in St. Louis.
Carl Howard, CEO of Fazoli’s, says the brand is through its “fix and repair” stages and that the Walmart unit marks the beginning of its “growth mode.”
QSR Magazine Seeks Best Franchise Deals
While the term “deal” lends itself to some degree of subjectivity and semantics, we know we are not looking for merely the cheapest start-up costs. A great franchise deal is far more than that. We’re on the hunt for compelling brands with OVER 25 UNITS that provide franchisees some bang-for-the-buck on their investment, which could include elements such as unique corporate support, economies of scale, name recognition, a distinctive market niche that attracts customers, upward trending numbers, strategic development, and attractive AUV.
First of 11 San Diego Pizza Patrón Units Opens
Pizza De la Comunidad LLC opened its first of 11 Pizza Patrón locations in San Diego on February 1 at 1815 E. Valley Parkway in Escondido, California.
