Earlier this week, Senate Republicans formally filed their long-awaited latest version of a “Phase 4” economic relief package, titled the “Health, Economic Assistance, Liability Protection and Schools (HEALS) Act”. The bill contains many of the key legislative priorities that we were working to include, but much work is still needed and there will be lengthy…
Read More »Dunkin Brands reported Q2 earnings yesterday, beating consensus earnings by $.01, consensus revenue estimates by $12 million and was profitable at 44 cents per share. The earnings call overall was positive, but as with many restaurant stocks and the broader market, the stock was down $3 or 4.2% at the close. The top news announced…
Read More »The National Labor Relations Board (NLRB) this week proposed yet another change to the legal parameters governing union elections, continuing to refine that process. The major change published in the Federal Register this week would eliminate the requirement that employers provide available personal email addresses and telephone numbers of all eligible voters during a union…
Read More »Just a few weeks ago, the Washington DC City Council seemed hell-bent on balancing its municipal budget on the backs of already suffering businesses, but at long last, common sense has apparently prevailed. The DC Council approved a $16.8 billion budget for FY 2021 this week and in doing so, abandoned a new 3 percent…
Read More »Effective tomorrow, August 1, Massachusetts will have the most stringent travel restrictions in the nation with only 8 states being exempted. Aside from the five other New England states as well as New York, New Jersey & Hawaii, visitors to Massachusetts are required to self-quarantine for 14 days upon arrival or face $500 per day…
Read More »Connecticut Governor Ned Lamont last week issued an Executive Order that creates a rebuttable presumption in the Nutmeg State that any employee who contracts the COVID-19 virus likely did so in their workplace. In such an instance, the employer has every right to deny the worker’s claim however under the language of EO 7JJJ, the…
Read More »In light of dramatic travel restrictions, a stubborn resurgence of the COVID-19 pandemic in a number of states and regions around the country and out of an abundance of caution for our speakers and attendees, we have decided to cancel the 2020 DDIFO National Conference and Hall of Fame Induction. Due to the continuing coronavirus…
Read More »Both McDonald’s and Starbucks hosted earnings calls as well this week and neither event was particularly pretty. In Q2, McDonald’s posted its lowest overall profit in 14 years, and US same-store stores declined 8.7% for the quarter as a whole. Preliminary July same-store sales trends were just barely in positive territory with breakfast daypart sales…
Read More »As the coronavirus continues to ebb and flow in different regions of the country, causing some states to slow the pace of re-opening for business, the volatility is taking a toll on consumer confidence across the board. According to new data released this week by the Conference Board, consumer confidence dipped in July as COVID-19…
Read More »Until we can resume in person meetings, DDIFO will continue to work with our business members and others to provide Dunkin’ franchisees with valuable opportunities to learn through our ongoing webinar series. Our next webinar in this effort will be held in less than two weeks. “Managing Challenges Faced by Multi-Store Franchisees”, will be held…
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