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Log In / Register | Nov 23, 2014

Equity Extraction Schemes Live On in Franchising

The equity extraction scheme that was exposed by 7-Eleven's employee Kurt McCord, brings back painful memories for me. The scheme is eerily similar to what was perpetrated against Dunkin’ Donuts franchisees from 1998 thru 2008.

MacDonald of Quiznos Replaced by The UPS Store President

Flag at a Tennessee Quiznos store. photo/bmm

DENVER —Quiznos, a quick service restaurant chain that serves toasted sub sandwiches, announced that Greg MacDonald has been replaced by Stuart K. Mathis as the company’s new president and chief executive officer, effective July 30, 2012. Mr. MacDonald is stepping down immediately. Additionally, Quiznos has named Susan Lintonsmith as its new chief marketing officer.

UPS Store Franchisees Go Back to Trial

A New York City UPS Store gets a new franchise owner
A UPS Store in New York City

LOS ANGELES – A California court of appeals has ruled that some 3,000 former Mail Boxes Etc franchisees can go to jury trial to prove their claims against United Parcel Services.

Court Affirms UPS Franchisees Claims Unproven

The UPS Store in New York City, under new ownership
The UPS Store, New York City; photo/steinberg

LOS ANGELES – The US Court of Appeals, 9th Circuit, handed down its decision last week affirming that approximately 200 UPS Store franchisees failed to prove their case against franchisor Mail Boxes Etc.

Tasti D-Lite Swallows Planet Smoothie

Outside Tasti D-Lite's head office window
Outside Tasti D-Lite's head office window, photo/bmm

FRANKLIN, Tenn. — A small franchisor of frozen yogurt treats, Tasti D-Lite, has gobbled up Planet Smoothie, LLC. The acquisition closed on November 30.

If a Franchisor Loses Interest in Franchising

Many years ago I heard a story, which I believe is accurate, the then McDonald's CEO Ray Kroc spoke at Harvard Business School and confounded the students and faculty by asking what business McDonald's is in.

UPS Fears Continuation of Losing Streak by California Appellate Court

Would you buy a franchise if the franchisor had an unfettered right to completely change the business model at any time and prevent you from renewing your current agreement unless you adopted the new business model?

$22.5 Million Lending to UPS Store Owners

The franchisees of 4,700 UPS Store and Mail Boxes Etc. locations now have access to funding.

Franchisees File Latest Appeal in UPS Mail Boxes Etc

SAN DIEGO– Franchise owners of UPS Store and Mail Boxes Etc. now have two appeals in process in the California Court of Appeals.

UPS Franchisees Appeal after Judge Decertifies Class

LOS ANGELES – The UPS Store / Mail Boxes Etc franchisees filed a notice of appeal last week while still licking their wounds from a devastating blow from a California court. The judge decertified their collective claims as a “class” group.