Regulation & legal — page 3

Franchisees planning an exit often face uncertainty about the fate of their employees during the transition process.

EYM Diner, a 30-unit Denny’s operator, filed for Chapter 11 bankruptcy in Northern Texas bankruptcy court, citing $10 million to $50 million in liabilities.

Wendy's rejected an unsolicited $7.35-per-share cash acquisition proposal from Trian Fund Management, citing undervaluation of the company.

Wendy's rejects a $1.4 billion takeover bid from Trian, Flynn Group, BlueFive Capital, and Sixth Street Partners, adopting a poison pill instead.

Papa John's enters the next phase of its transformation with Unbox Better, a plan to strengthen its brand and system to deliver on customer expectations.

Helpful Heroes opens a new franchise location in Memphis, Tennessee, as part of the BELFOR Franchise Group family of brands.

Papa Johns reports an 8.3% decline in North America same-store sales in the third quarter, continuing a sales slump that began in the second quarter.

Proposed legislation targeting private equity in the childcare industry may overlook other funding models, including publicly traded companies and venture capital.

Dutch Bros, a publicly traded restaurant chain, faces investor skepticism despite 22.7% system sales growth over the past three years.

Dutch Bros' same-store sales rose 5.4%, but the company's stock plummeted over 16% amid concerns about competition and rising gas prices.

Cyclospora outbreak affects Cava's third-quarter sales, leading to a 150 basis-point decline in comparable sales.

Fitness chains experience stability, with no major closings and a retention of 8.1 million to 11.8 million square feet of retail space.

Franchisors should allocate marketing budgets based on actual costs to acquire franchisees, rather than setting a fixed target.

Franchisors can increase sales by qualifying candidates early and providing a realistic picture of ownership, according to a Minneapolis-based strength training franchise expert.

Dine Brands reported mixed results for the third quarter, with Applebee’s and IHOP showing sales growth, but overall profits slipping due to increased company-owned restaurant revenue.

KFC's U.S. domestic system sales declined 6% in Q3, contrasting with international operations' growth driven by new value platforms and menu innovation.

The International Franchise Association calls on Congress to pass the American Franchise Act to protect small businesses and their employees.

Franchise units may require reinvestment to recover from struggles, weighing against opening new locations and allocating resources.

The 2027 Annual Franchise Development Report provides insights into franchise development, lead generation, and recruitment best practices for surveyed brands.

Out West Restaurant Group, Outback's largest franchisee, files for Chapter 11 bankruptcy due to rising costs and declining sales.

Founders and development teams need to evaluate their franchise opportunity from a candidate’s perspective to ensure a strong business model.

TruBlue fills a gap in the aging-in-place senior services market with home maintenance and repair services for seniors and their families.

Sabra Health Care REIT is acquiring senior housing operating portfolios to make up half of its portfolio by the end of next year.

Circle K has revamped its Inner Circle loyalty program to a visit-based model, shifting from an everyday discount, spend-based model.