The Carvel chain has melted over the years from its high of 850 franchises to a puddle of 367 franchises. The Street reports that only 275 are full-service shops. Carvel, bought by private equity firm Roark Capital Group in 2001, wants change. The 80-year-old brand has a plan to put lipstick on this franchise pig.
A feast of US franchise offerings are coming to Australia. Amongst them is Mrs. Field’s Brands' TCBY frozen yogurt heading straight to Aus after inviting would-be US franchisees the chance to get one free.