McKinsey & Company — page 2

Neel Patel joins Church's Texas Chicken as Vice President, Strategy & Growth, to lead the brand's growth and development.

Shannon Hennessy is promoted to The Habit Burger Grill Division CEO, reporting to Yum! CEO David Gibbs, effective June 6.

The retail franchise category is one of the most diverse, with options ranging from clothing to grocery to pet care, and some categories are more popular and recession-resistant than others.

Franchisees have an opportunity to get into the tutoring industry, with over 97% of educators reporting learning loss and a demand for tutors expected to continue.

New data suggests that the cost to 'erase the damage to learning caused by COVID' is closer to $700 billion.

The Joint Chiropractic celebrates its 800th clinic opening, a significant milestone in its expansion, increasing from 706 locations in December 2021.

The children's education segment is a near recession-proof opportunity for franchisees, with parents seeking supplemental education opportunities and access to the arts.

The health and wellness franchise category is booming, with a focus on holistic views of wellness and increasing priority on wellness.

The health and wellness franchise market is growing, with opportunities in gyms, physical therapy, massage parlors, and hair salons.

Senior care services are a growing and lucrative market, with the senior population increasing rapidly in the United States.

Parents can help their kids catch up academically this summer by making sure they don’t lose the skills they’ve learned, and by letting them relax and have fun with their peers.

Summer school has a new meaning in the wake of the pandemic, providing an opportunity for students to catch up on lost learning and for teachers to support their students.

Threshold Brands, the parent company of MaidPro, Men in Kilts, and other home service brands, is expanding its portfolio and establishing itself as a major player in the home services franchise space.

Choice Hotels appoints Megan Brumagim as vice president of environmental, social and governance, leading the company's sustainability and corporate social responsibility initiatives.

Sylvan Learning franchisees continue to thrive amid challenging times, adapting to the pandemic with technology solutions and growing their student base.

Threshold Brands has added four new brands to its portfolio, including USA Insulation, Plumbing Paramedics, Heating + Air Paramedics, and Sir Grout, and executed 84 new franchise agreements in 2021.

Gympass, a Brazil-founded corporate well-being platform with a coveted unicorn status, has announced the expansion of its European fitness footprint with the acquisition of Andjoy in Spain and 7Card in Romania.

As Peloton’s second-quarter fiscal reports are set to be released on February 8th, the interactive fitness company has decided to temporarily halt production of its signature Peloton Bike and Tread.

The article highlights five education franchises, including Sylvan Learning, that are helping to bridge the learning loss gap for students.

Kiddie Academy donates $40,000 to Family Promise to fund a new training program and provide scholarships for women in early childhood education.

Home Clean Heroes , the Virginia Beach-based residential cleaning franchise, has been growing rapidly across the country as more Americans stay home long-term and look for ways to keep their spaces clean and germ-free.

A report found that women continued to make progress towards eliminating the gender gap in U.S. workplaces in 2020, despite the pandemic.

Trend alerts to assist you with your international expansion plans

Sylvan Learning aims to develop 12 new centers in its home market of Maryland, targeting the growing demand for academic support services.