Miscellaneous

The latest issue of Chief Executive magazine surveyed over 500 CEOs across the country to determine which states were considered most business-friendly from a tax and regulatory perspective and which were the least favored by the business community.  The top four states (Texas, Florida, North Carolina and Tennessee) favorably perceived held the same position as…

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Competitor News

The big news of this week was clearly the pending acquisition of Krispy Kreme by the privately owned JAB Holdings.  The acquisition, at $21/share calculates at 19 times enterprise value according to DDIFO Restaurant Analyst John Gordon.  As JAB is private and will take the chain private, we will not know what is going on…

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Miscellaneous

According to the latest People Report Workforce Index, released last week, efforts to recruit qualified employees by the quick-service industry are facing the worst challenges in the 10 year history of the report.  The Workforce Index, now a division of TDn2K, surveys restaurant HR professionals and recruiters to measure market pressure on restaurant employment.  Every…

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Miscellaneous

Thanks to a gift of $1.5 million from franchise businessman Ray Titus, Palm Beach Atlantic University will now offer a Franchising Program at the Titus Franchising Center on its Florida campus. Titus is the founder of Florida-based United Franchise Group, with over 1400 units across 80 countries. The program will include academic courses relating to…

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Mixed Results on 2015 Restaurant Health

There seemed to be both good news and bad in the ongoing foodservice market research and the just-released Fall 2015 ReCount survey by the NPD Group.  The latest of the twice-per year ReCount showed total US restaurants declined by 0.6% from a year ago, while chain restaurants increased by 1percent over the same time period. …

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Dunkin’ Clips & Competitor News

Before we relate some of the news competitors are making, in the wake of Dunkin’ Brands’ Q4 earnings report last week, we thought these two clips of DBI Chairman and CEO Nigel Travis on CNBC and in an interview with the Street might be of interest to our members and subscribers. Jumping back to food…

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And Maryland Governor Wants Them As Well

Maryland isn’t going to be left out of the tax cut basket if Governor Larry Hogan has his way.  He is planning to advocate for moderate tax cuts from the $300 million surplus the state is expected to realize in the current fiscal year.  Hogan, who was elected in 2014 on a tax-cutting and smaller…

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Miscellaneous

According to the monthly MillerPulse report, QSR same store sales (including some DD units in the mix) were at their weakest point for the entire year in November.  The trend weakened versus October 2015 as well as the two year comp (combined two year November 2014 and November 2015 value), which often gives a more…

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Miscellaneous

We noted this week that the National Federation of Independent Businesses (NFIB) released their monthly index of small business indicators and the outlook through November was anything but encouraging.  A full 60% of the index indicators dropped in November with a growing pessimism about future opportunities being the most significant contributing factor.  The index came…

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Massachusetts Millionaires in the Crosshairs

Speaking of Massachusetts laws, the front group behind many of the minimum wage issues in the state, Raise Up Massachusetts, is also pushing a new ballot initiative that seeks to impose a Millionaire’s Tax on those individuals earning $1 million or more per year.  The group held a rally earlier this week at the State…

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