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Franchising News & Media

Subway expects to add 25,000 jobs this year

January 11, 2012

The Subway restaurant chain, based in Connecticut, projects it will add 25,000 full- and part-time jobs by the end of 2012.

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Taco Bueno amends existing credit agreement

January 10, 2012

Taco Bueno Restaurants has amended its existing credit agreement to increase financial flexibility and to pay a dividend to shareholders.

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Quiznos expanding into the Philippines

January 10, 2012

Quiznos has announced a partnership with the ACA Group, the master franchise selected to launch the first Quiznos restaurants in the Philippines. The first…

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Yum! Brands to double KFC footprint in Africa

January 10, 2012

Yum! Brands has plans to expand its KFC brand into seven more African countries throughout the year, adding 100 new stores.

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Carl's Jr. heading to the Bahamas

January 9, 2012

CKE Restaurants Inc. has entered into a definitive development agreement with AML Foods Limited to build Carl's Jr. restaurants in the Bahamas throughout the…

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Dunkin' Donuts signs multi-unit deal in Iowa

January 9, 2012

Dunkin' Donuts has signed a multi-unit store development agreement with sister and brother franchisee team, Lori Kelderman High and Jeff Kelderman, for eight…

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GE Capital provides financing for Wendy's franchisee's growth

January 9, 2012

GE Capital, Franchise Finance recently provided $11.9 million to BalRod Enterprises Inc., a Wendy's franchisee based out of Hialeah, Fla.

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Mrs. Fields, TCBY parent company names new board of directors

January 8, 2012

Mrs. Fields Famous Brands, a franchisor of Mrs. Fields and TCBY, has named a new board of directors as the company plans a new strategy toward global growth…

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Little Sheep approves Yum! Brands' takeover proposal

January 8, 2012

Yum! Brands Inc. has announced that the proposal for the privatization of China-based Little Sheep Group Ltd. by way of a scheme of arrangement has been…

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Tasti D-Lite signs Middle East development deal

January 5, 2012

Tasti D-Lite has announced its next phase of expansion in the Middle East. Al-Himmah International Limited signed an international master franchise agreement…

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TCBY marks two milestone openings

January 5, 2012

Utah-based TCBY has opened its 30th store in Florida and its 30th store in Texas.

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The top 5 reasons to franchise your business

by Harold Kestenbaum — Partner, Gordon & Rees, LLP

If you are an entrepreneur and you have one, two or even three operations, why should you be thinking about franchising? There are many reasons, but here are…

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Dunkin' Donuts, Baskin-Robbins outline ambitious expansion plans

by Alicia Kelso — Editor, QSRWeb.com

New franchise agreement calls for approximately 50 Baskin-Robbins restaurants to be opened in Vietnam over the next several years.

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Yum! Brands CEO David Novak shares leadership strategies in new book

January 3, 2012

Yum! Brands has announced the publication of "Taking People With You: The Only Way to Make BIG Things Happen" (Portfolio Penguin, January 2012) by David Novak…

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Dunkin' Brands signs exclusive agreement with franchisee co-op

January 3, 2012

Dunkin' Brands Inc., the parent company of Dunkin' Donuts and Baskin-Robbins, and National DCP LLC, a Dunkin' Donuts franchisee-owned cooperative, has…

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NPD: Global restaurant visits weak in Q3

January 3, 2012

Low consumer confidence and the stressed global economy were reflected in weak foodservice traffic numbers in most countries around the world in the quarter…

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Wendy's Japan fancies up the menu with foie gras

December 29, 2011

Now that Wendy's has returned to Japan after a two year hiatus, the chain plans on wooing customers with higher-end options, namely a Foie Gras Rossini Burger…

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Franchisee closes 10 Maryland Arby's restaurants

December 27, 2011

Maryland-based Arby's franchisee KBK Inc. has closed 10 restaurants, citing "financial difficulties brought on by the economy."

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Wendy's returns to Japan

December 26, 2011

The Wendy's Company has announced the grand opening of the first joint venture Wendy's restaurant in Japan, located in Tokyo's Omotesando area.

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Quiznos reaches deal to avoid bankruptcy

December 26, 2011

Quiznos has reached an agreement with a significant majority of its first- and second-lien lenders on a consensual financial restructuring plan that will…

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