TL;DR
The franchise industry faces new challenges, including inflation and restaurant revitalization fund cancellations. Restaurants are adding new fees to counter inflation, with burger prices remaining high.
Can we really, finally be in the post-Covid era? Let’s hope so, and count our blessings while they last. Here’s our roundup of franchise news, delivered your way every first Tuesday of the month.
(Yes, we’ve changed the schedule.) And if you’re not doing it already, send us your news here and see it next month in this newsletter! POST-COVID REOPENING & RECOVERY Restaurants Face New Survival Challenges After Republicans Kill Restaurant Revitalization Fund Report: Restaurants, Salons, & Gyms Top List of Businesses Fearing Shutdowns from Inflation Restaurants Add New Fees To Checks To Counter Inflation Burger Prices To Remain High as Cattle Ranchers Shrink Herds Taco Bell Pulls Mexican Pizza After 2 Weeks, Citing High Demand, Supply Problems Starbucks To Exit Russia After 15 years, Closing 130 Licensed Cafes Burger King Unable To Exit from Russia Because of Master Franchise Deal Structure COMPANY NEWS & GROWTH Aqua-Tots Swim Schools Opens Locations in Bangkok and Beirut Big Blue Swim School Signs 3 Agreements for 15 New Locations European Wax Center Announces 900th Center Opening Children’s Lighthouse Celebrates 25 Years in Business H&R Block and Nextdoor Announce 11 New Community-Led Projects Across U.
S. LunchboxWax Changes Its Name to Radiant Waxing SafeSplash Signs 3 New Deals for Washington, D.C.
, Kansas City, and Sacramento Speed Queen Expands Franchise Offering to AZ, CA, FL, GA, IL, TX The Carpet Chemist Signs Its First Franchisee Ultra Pool Care Squad Signs Its First Two Franchise Agreements, Both in Texas HIRING & EMPLOYMENT Flexibility: 4 Ways To Deliver What Workers Want Most Today Win The Great Retention by Prioritizing Employees’ Mental Well-Being FINANCE & M&A Trian Partners Explores Possible Sale or Merger for Wendy’s Centre Partners Buys Captain D’s Again LEADERSHIP Why Really Smart Executives Do Really Stupid Things MARKETING/CUSTOMER EXPERIENCE McDonald’s, Wendy’s Ramp Up Breakfast Deals as Workers Return to Office The Power of Service Recovery – 5 Tips To Save a Customer Unity Rd. Leverages Guest Feedback and Online Reviews To Reach Customers TECHNOLOGY How GDPR Is Failing After 4 Years as Big Tech Outpaces Regulators Thousands of Popular Websites See What You Type—Before You Hit Submit!
In this story
This story was originally published by Eddy Goldberg in Franchising.com on June 7, 2022. Burnaze summarizes and links to the original reporting.
Read the full story at Franchising.comLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.