— By Jon McClure — Responsible, creative financing supporting QSRs — how to find success in a challenging economy. How is it that with high inflation and high costs of borrowing, many QSRs owners continue to manage successful
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Miami — Woof Gang Bakery & Grooming, a leading pet service franchise brand in the United States, is entering Illinois for the first time with a store set to open in the Chicago suburbs next year. The brand currently has
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Indianapolis — Twin Peaks Restaurant celebrated its 100th lodge opening on June 2 in the Indianapolis suburb of Greenwood, Ind. From the time Twin Peaks CEO Joe Hummel opened his first lodge in the Atlanta area as a franchisee, it
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Plano, Texas — MOOYAH Burgers, Fries & Shakes, a 90-plus-unit better burger franchise, has spent the first quarter opening three new locations and planning for an additional 13 openings for the rest of the year. MOOYAH is expanding in St.
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New York City — CRISP & GREEN is set to open in New York City on June 1. Debuting in the popular NoMad neighborhood, this location also marks the company’s entry into its 10th state, with 10 additional states scheduled
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Wasilla, Alaska — Jersey Mike’s Subs has achieved a major milestone with the opening of its first restaurant in Alaska. The sub chain now offers its fresh sliced/fresh grilled sub sandwiches in all 50 states. “We now have more than
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St. Louis — Panera Brands Inc., which includes the fast-casual and hospitality brand Panera Bread as well as Einstein Bros. Bagels and Caribou Coffee, has established its next generation of CEO leadership and board governance in preparation for its eventual
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Dallas — Bonchon, a global leader in fast-casual Asian fusion dining known for its Korean double-fried chicken, has appointed former global CFO Bryan Shin to lead Bonchon U.S. as CEO. Shin joined Bonchon as head of global finance in 2019
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Miami — Vicky Bakery, South Florida’s original family-owned Cuban bakery since 1972, has named Mauricio Romero as its new chief executive officer. This announcement comes as Vicky Bakery is experiencing record-setting growth, continuous double-digit revenue gains, the opening of multiple
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New York City — Lifestyle retailer MINISO officially opened its new global flagship store in New York’s Times Square on May 19, 2023. The opening of the new flagship comes during the brand’s 10th anniversary year, and shortly after the
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Dallas — Ray Blanchette, chief executive officer of TGI Fridays, is stepping down. Rohit Manocha, chairman of the board and co-founder of TriArtisan Capital Advisors, will be assuming Blanchette’s responsibilities in the interim. The TGI Fridays executive team will report
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Nashville, Tenn. — On May 22, Island Fin Poké Co. will open its 26th location in the U.S. and second location in Tennessee, in Nashville. Offering Hawaiian-style poké bowls, this fast-casual restaurant is set to become a go-to spot for
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Pasadena, Calif. — Wetzel’s Pretzels has appointed Vincent Montanelli to the company’s top leadership position. Montanelli joined Wetzel’s nearly 20 years ago as the senior vice president of operations and most recently held the post of COO. He will maintain
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Los Angeles — Milk Jar Cookies, a growing gourmet cookie shop born in Los Angeles, has launched its franchising program in 39 states across the country. “The Milk Jar Cookies brand has waited 10 years to prove the concept, maintaining
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Dallas — OHM Fitness will open 70 EMS fitness studios in the Texas Triangle through its newest franchise partner over the next few years. OHM Fitness offers a high-tech, high-energy EMS fitness experience that packs the benefits of an intense
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Lexington, Ky. — A&W Restaurants, the All-American restaurant franchise with 500-plus units nationwide, has had fast start to the year with three new restaurants opened, all indicative of the brand’s real estate flexibility and willingness to embrace non-traditional spaces. With
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Atlanta, Ga. — To invest in the future of Your Pie and offer greater support to its franchise owners, the nation’s original fast-casual pizza brand has appointed several new hires to its corporate team. Most notably, Your Pie has added
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Nashville, Tenn. — Captain D’s has hired Steve Bailey as director of franchise development. Bailey has more than 20 years of experience in franchise sales and development with multiple restaurant service brands, most recently with Fazoli’s. Focusing on territories east
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Atlanta — PizzaForno, North America’s first automated pizzeria that bakes artisan pizza in less than 3 minutes, 24 hours a day, is officially expanding into Georgia. The first of three new locations will open on May 6 in Atlanta’s Buckhead
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Orlando, Fla. — Darden Restaurants, Inc. and Ruth’s Hospitality Group, Inc. have entered into a definitive merger agreement in which Darden will acquire all of the outstanding shares of Ruth’s in an all-cash transaction with an equity value of approximately
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New York City — Atomic Wings, a 15-unit brand specializing in flavorful chicken wings, is starting off 2023 with significant Q1 growth. The New York-based wing franchise has 10 locations under construction, with plans to open throughout the year. The
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Dallas — Wingstop, the global chicken chain with nearly 2,000 restaurants worldwide, has appointed Raj Kapoor as senior vice president, president of international. Kapoor will be responsible for driving Wingstop’s growth and development strategy for markets outside of the U.S.
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Atlanta — The specialty footwear and lifestyle chain, The Athlete’s Foot (TAF), launched its most anticipated project of 2023: the introduction of its “neighborhood” concept store, located at Atlantic Station in Midtown Atlanta. The Athlete’s Foot is focused on elevating
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Tampa, Fla. — The Melting Pot, the 94-unit fondue concept that provides a unique, experiential dining atmosphere, has been carefully considering its growth efforts in recent months, launching a campaign to remodel all restaurants and embracing what it has coined ‘Melting
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Chicago — Potbelly Corporation, the iconic neighborhood sandwich shop, has finalized a 16-unit shop development agreement in two Florida markets. This agreement includes 14 shops in Broward County and two shops in Gainesville. “We are enthused to begin a partnership
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New York City — WHP Global, the parent company of Toys”R”Us, has partnered with leading omnichannel retailer El Puerto de Liverpool, SAB de CV to launch the toy brand in Mexico for the very first time. The partnership will bring
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Minneapolis — Caribou Coffee®, a national premium coffeehouse and Panera Brands company, has signed several multi-unit development agreements to franchise more than 300 new locations domestically. Caribou Coffee expanded its franchise program in October 2021, marking the first time interested
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