Laura Michaels
Editor in Chief at Franchise Times Magazine
Editor in chief of @FranTimes, reader of books, Hawkeye for life (even in Minnesota)
Articles
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2 weeks ago |
franchisetimes.com | Laura Michaels
9Round, which offers 30-minute kickboxing circuit workouts with no set class times, has its sights set on a comeback after hundreds of units shuttered in recent years. Its founders are again in full control of the company, a new 24/7 operating model is showing promise and more franchisee support, said the brand president, is on the way.
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3 weeks ago |
franchisetimes.com | Laura Michaels
Hooters, which since the beginning of 2024 closed 48 underperforming company restaurants, added another 30 to the list this week. It now has about 200 corporate and franchised locations in the United States; franchisees operate an additional 60 international units. The casual dining chain that helped popularize the "breastaurant" concept is working to emerge from bankruptcy after filing for Chapter 11 protection in late March.
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3 weeks ago |
franchisetimes.com | Laura Michaels
• D1 Training franchisees are seeking damages related to what they say are fraudulent claims of profitability and, citing violation of the Tennessee Consumer Protection Act, asked a court to prohibit D1 from selling franchises. • Owners say the brand misrepresented the involvement of well-known athletes such as Peyton Manning and Chris Paul in order to sell franchises.
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3 weeks ago |
foodondemand.com | Laura Michaels
Editor’s Note: This article originally appeared in Franchise Times—a sister publication to Food On Demand. No wall-to-wall TV screens. No fans screaming in celebration (or groaning in dismay) for their favorite team. No alcohol in sight. And yet this Buffalo Wild Wings is churning out orders and Kajal Patel couldn’t be happier. “I don’t want to deal with alcohol. Getting permits in Chicago, it’s like a nightmare,” she says. “That would create another hurdle, another challenge for us.
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3 weeks ago |
franchisetimes.com | Laura Michaels
It’s a 10-digit sale for the fast-casual hot chicken chain that five years ago had just seven restaurants. Bill Phelps, the CEO of Dave’s, says major international expansion is on the way as the brand closes in on $1 billion in systemwide sales. Roark Capital beat out multiple private equity firms to acquire Dave’s Hot Chicken in a deal valued at $1 billion.
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RT @FranTimes: With a social media audience of 32 million, multiple business ventures and a much-anticipated fight with Mike Tyson coming u…
Negative same-store sales in '23 & through the first half of '24 further compressed the profit margin for a large Arby's franchisee, which said it's also seen disappointing sales at some newer restaurants. https://t.co/bAIpugYbiC
RT @FranTimes: If you’ve ever drank a Diet Coke and thought it would taste better with coconut cream and a few pumps of lime and vanilla sy…