NEIGHBORHOOD barre is Extraordinary Brands’ fourth fitness brand and its second acquisition this year after buying Row House from Xponential Fitness. As part of the transaction, Katy Branstetter Richardson retained an ownership stake. https://lnkd.in/gq-9Qysy
Franchise Times
Book and Periodical Publishing
Minneapolis, MN 16,347 followers
The news and information source for franchising
About us
Franchise Times is widely recognized as the "news and information source" in franchising. Each issue of the magazine focuses on matters that impact franchisors, franchisees, and those businesses that service the franchise sector. Franchise Times covers issues such as financing, real estate, human resources and legal matters. The magazine also profiles successful franchisees and franchisors, and has become a “must read” for all major franchise companies.
- Website
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http://www.franchisetimes.com
External link for Franchise Times
- Industry
- Book and Periodical Publishing
- Company size
- 11-50 employees
- Headquarters
- Minneapolis, MN
- Type
- Privately Held
- Founded
- 1988
- Specialties
- Franchise Opportunities, Franchise Times Book of Brands, Franchise Leaders, Franchise News, Franchise Restaurants, Publishing, Franchise Services, Advertising, News, Franchising, Conferences, and Financing
Locations
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Primary
2808 Anthony Lane So.
Minneapolis, MN 55418, US
Employees at Franchise Times
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Mary Jo Larson
Publisher/Vice President at Franchise Times and Restaurant Finance Monitor
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Nancy Weingartner Monroe
Former editor of Foodservice News and Franchise Times, now starting a new art-filled second act
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Gayle Strawn
Conference Manager at Franchise Times
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Lucas Wagner
Advertising and Event sales at Franchise Times & the Restaurant Finance Monitor
Updates
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Franchise Times reposted this
Little Caesars Pizza franchisee, Irfaan Lalani shares his journey from a senior analyst in Dubai to a successful Little Caesars franchisee. Partnering with his brother and friend Shalin Patel, Lalani joined the thriving business, driven by a shared goal of financial independence. Regarding Little Caesars, Lalani notes, “They give you a crash course in accounting, marketing, real estate, and operations.” Read more about Irfaan and Vibe Restaurants journey in the Franchise Times article here 👉https://lnkd.in/gzuAh539 #QSR #FranchiseOpportunities #LittleCaesars #Franchise
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Xponential Fitness’ total revenue for the second quarter fell by $0.8 million or 1 percent, to $76.5 million, down from $77.3 million in the prior-year period. https://lnkd.in/gdcf9Zb4
Xponential Feels Impacts of Federal Investigations, CEO Change, Q2 Results Show
franchisetimes.com
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Average sales per store reached $2 million in the second quarter of this year for Wingstop Restaurants Inc. Most of this growth is thanks to current operators who are choosing to open more locations and reinvest in the brand. https://lnkd.in/gs3Xarsb
Wingstop AUV Tops $2 Million in Q2 as Brand Keeps Growing
franchisetimes.com
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You can bring a jar of change into a restaurant again. But for how long? Will prices crank up again once the outrage settles? Don’t count on it. But operators can still make a buck if they’re smart about it. https://lnkd.in/gPwD5FCx
Value Pricing Isn’t Going Anywhere. Thanks, $18 Big Mac
franchisetimes.com
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Franchise Times reposted this
I'm at the Faegre Drinker franching summit today, learning all about responsible franchising! #FranchiseSummit24
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“What makes [ Vibe Restaurants ] successful in an environment where brands and groups like ours aren’t having the financial success that we are, it’s really that people-centric attitude,” said CEO Irfaan Lalani. “Putting in the systems and processes to recognize and make people feel empowered.” https://lnkd.in/gzUPdX6t
Why People-centric Operations Is ‘Magic Sauce’ for This Large Wingstop Franchisee
franchisetimes.com
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“Consumers still recognize us as the value leader versus key competitors, but it’s clear that our value leadership gap has recently shrunk,” McDonald's CEO Chris Kempczinski said. “We wrote the playbook on value and we are working with our franchisees to make the necessary adjustments.” https://lnkd.in/gkbjt6DU
As Sales Decline, Value Is the Name of the Game for McDonald’s
franchisetimes.com
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Franchise Times reposted this
Join us at the 2024 Restaurant Finance & Development Conference! This premier financial event offers expert insights on financial trends, economic outlooks, accounting strategies, and more. Network with owners, operators, and financial executives, and stay ahead of the curve. Register now and take your restaurant business to the next level! #RFDC
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Flynn Group, which dropped “Restaurant” from its name last year after acquiring a portfolio of Planet Fitness gyms, remains solidly at No. 1 with $4.6 billion in sales from its 2,805 restaurants. Its unit count in Pizza Hut, the group’s largest brand, rose from 944 to 1,252. https://lnkd.in/gUTRQXe6
Franchise Times Restaurant 200 Ranks the Biggest Operators
franchisetimes.com