Purvin leads franchisees & their franchisor to craft a fairer contract
Robert Purvin, founder and chairman of the American Association of Franchisees and Dealers (AAFD), spoke at length with this journal. Purvin is busy nowadays preparing the AAFD, a non-profit trade association that represents the rights and interests of franchisees, for a franchisee leadership summit from April 30 to May 3 in Palm Springs, California. The association will celebrate its 25th anniversary.
Faced with disappointing results of its fourth quarter and full year for 2016, DineEquity Inc. (NYSE:DIN) announced yesterday the resignation of its chairman and chief executive officer Julia Stewart, effective March 1. Richard Dahl, the lead director on the firm's board of directors, will take Stewart's place as interim chief executive officer and chairman.
The National Restaurant Association announced on Tuesday that it has appointed franchisee Atour Eyvazian as its Restaurant Hotel-Motel Show convention chairman for 2017. Eyvazian is a multiunit owner of 107 Jack in the Box restaurants in Houston and San Antonio.
The co-founder (with wife Marian) of franchisor Little Caesars Pizza and owner of Major League Baseball's Detroit Tigers and Hockey's Red Wings franchise, Mike Ilitch, died in a Detroit hospital on Friday. He was 87.
Independent business owners in Louisiana are being targeted by a new franchise scheme, one that is well-orchestrated by an industry veteran with a checkered past. Donald S. Boroian, founder and principal of the troubled Francorp Inc., a 40-year old franchise development firm that works with start-up franchisors is the culprit.
Within hours of CKE Restaurants CEO Andrew Puzder's withdrawal of his candidacy for Secretary of Labor, President Trump announced Alexander Acosta as his replacement. Both hold law degrees, but Acosta does not possess the intimate working knowledge of franchising that Puzder does.
After Little Caesars co-founder (with wife Marian) and owner Mike Ilitch's death a week ago today, some lips have apparently been unsealed and stories of his philanthropic side have made their way into the press.
Franchise pros, most of them franchisees, comment on doing business in this 15-panel slideshow. The operations run a wide gamut from beef jerky, frozen treat, hamburger, janitorial service, pizza and more.
Dodd-Frank, named after then-Senator Christopher Dodd (D-CT) and then-Congressman Barney Frank (D-MA), was signed into law by President Barack Obama on July 21, 2010. It was a reaction to the financial crisis of 2007-2008. President Donald Trump characterized it as "a disaster" during his campaign, vowing to repeal and replace it.
In a recent franchise case the United States District Court of New Jersey (the “Court”) hammered another nail in the termination coffin of a former 7-Eleven franchisee Karamjeet Sodhi ("Franchisee Sodhi" or "Mr. Sodhi"), Manjinder Singh, and Karamjit Singh (collectively, "the Franchisees"), when it denied the Franchisees’ Motion for a stay of the Court's Order granting judgment to Plaintiff 7-Eleven.
After posting the OpEd yesterday, Franchisor Blunders, No Wonder Buyers Don't Read FDDs, PR consultant Lorne Fisher, representing law firm Cheng Cohen and franchisor Smashburger, contacted Blue MauMau reporter Janet Sparks to say the column was factually incorrect.
"It was three years ago that I shared with you what I sensed were the early signs of a seismic shift in consumer behavior – away from bricks-and-mortar and towards mobile and online retailing."
Said Starbucks' chairman Howard Schultz today about the firm's future efforts to take advantage of the seismic shifts that are shrinking consumer foot-traffic that traditional retailers have relied on for decades. | Blue MauMau Dec 2
"CFA would support a reasonable increase in the threshold, one that reflects the current economy"
States vice chairman Rob Branca of the Coalition of Franchisee Associations, which applauds a U.S. judge's injunction against an overtime rule. The franchisee organization supports an incremental increase that is backed by publicly reported, thoroughly vetted data. | Press Release Nov 28
"Over the past two years America has become a job machine"
Declares ADP Research Institute economist and head Ahu Yildirmaz in an interview with Blue MauMau. She adds that employment from franchises are growing faster than the overall employment. | Nov 3