Current News

Chris Turner
Leadership change

Yum Brands, Inc. announced Wednesday that it has hired Chris Turner, 44, to be its new chief financial officer, beginning August 8, 2019.

Job interview info on outside sign
The Economy

Franchise establishments in the United States lost 4,800 jobs in May, according to ADP Research Institute. That is the highest loss of franchise jobs since September 2018.

Photo of Papa Murphy's take and bake pizza by Geoffrey Fairchild via Flickr
Mergers & Acquisitions

Quebec-based investment and franchising firm MTY Food Group Inc. announced yesterday that it has finalized its acquisition of franchising firm Papa Murphy’s Holdings Inc.

Dawn Sweeney launches National Restaurant Association Meeting, 2017
Leadership change

The National Restaurant Association and National Restaurant Association Educational Foundation announced yesterday that President and CEO Dawn Sweeney will step down when her contract expires at the end of the year.

McDonald's restaurant
Managing

McDonald’s USA has teamed up with AARP and the AARP Foundation to add more seniors to its work force. The addition of older workers will help alleviate the effects of the tight labor market as the firm prepares to hire about 250,000 people for the summer.

Briefings from Other Trade Journals

Just a year ago, in January 2018, Pennsylvania-based 5171 Campbells Land Co. LLC bought 27 Perkins restaurants in Pennsylvania, New York and Ohio from bankruptcy court for $7.8 million. The purchase made the franchisee one of Perkins' largest. 

Hans Langer, 36 at the time with two young children and just over $50,000 to his name, founded EOS, a 3D printer manufacturer. The year was 1989, and it was the dawn of the new printing technology.

Tim Hortons' U.S. franchisee association, the Great White North Franchisee Association USA (GWNFA USA), has stated that they have no comment on the recent revisions to their lawsuit for fear of retaliation from their Canadian-based franchisor. And no wonder!

Fed up with the requests he gets from social media "influencers" who want his frozen treat for nothing, a soft-serve truck owner says he now charges the would-be free loaders double.

Saturday, July 6, is National Fried Chicken Day. If that gets you wondering how the different chains stack up, one man has rated the tastiness of the output of mostly well-known brands, beginning at okay and running up the ladder to what he says is the best.

Chick-fil-A appears to be on the way to becoming the third largest U.S. restaurant chain by sales, behind only McDonald’s and Starbucks. It was in the number 7 slot in 2017

Inside Blue MauMau