Click Book to Buy at Amazon Josh Kosman’s new book is called “The Buyout of America: How Private Equity Is Destroying Jobs and Killing the Economy.” As a business reporter specializing in private equity, mergers and acquisitions for the New York Post, Kosman has specific insight into how private equity firms buy and sell companies…
Christine Dobby of the Financial Post reports that Doughnuts are an emotional food for Canadians. When Tim Hortons Inc. made a franchise-wide decision to ditch fresh-baked methods in favour of microwaving pre-cooked baked goods in-store, many people took it hard. Even company co-founder Ron Joyce, who sold the majority of his stake in the company in…
Paul Frumkin reports in Nation’s Restaurant News that sandwich giant Subway is testing a more upscale format called Subway Café, which the company hopes will address the needs of franchisees looking to open in office buildings and other more high-end venues.
S. John Tilak reports at Reuters that Tim Hortons Inc isn’t content to be Canada’s largest restaurant chain, not when the biggest consumer market in the world lies at its doorstep. Even though Canada’s coffee-and-donuts king has stumbled in the past in trying to replicate its success in the United States, it sees its latest marketing drive south of the border leading to strong sales momentum.
The Coalition of Franchisee Associations (CFA) which DDIFO is a founding member, which Jim Coen, President of DDIFO as the Vice Chairman of CFA and Co-Chairman of the CFA Fair Franchising Committee with CK Patel of the Asian American Hotels Owners Association (AAHOA). The CFA Fair Franchising Committee has been working with franchisee leaders from multiple franchise systems to develop the Universal Franchisee Bill of Rights.
Wall Street Journal covers the big story: Dunkin’ Brands Group is seeking some serious dough. The owner of the Dunkin’ Donuts chain as well as Baskin-Robbins ice cream shops, today filed to go public. (Sorry for the terrible pun.)
Danielle Haynes reports in The Tonawanda News that Dunkin’ Donuts just launched a new menu of savory afternoon items created exclusively for Buffalonians, by a Buffalonian. Well, a Kenmore native, actually. Jeff Miller, a 1994 Kenmore West graduate and Dunkin’ Donuts chef, was the driving force behind the creation of the new menu and it was because of his ties to this community that he was chosen to work on the product development.
Paul Frumkin of Nation’s Restaurant News breakdown the 183 page report from the FDA: So you don’t quite feel up to struggling through all 183 pages of the U.S. Food and Drug Administration’s proposed menu-labeling regulation? Don’t worry. The editors of Nation’s Restaurant News have read through the epic document and attempted to address many…
Interesting article from Fast Casual about franchisor – franchisee communication. Steve Combs writes: Franchisee lawsuits are among the best known restaurant industry battles, disagreements that in the case several, spurred protracted legal face-offs and staggering unit closures. But such outcomes needn’t occur. When franchisees and franchisors communicate clearly, consistently and work toward goals that benefit both, disagreements are manageable and sometimes meaningful.
IndiaRetailing.com reports that Jubilant FoodWorks, which runs restaurant chain Domino’s Pizza in India, has announced the signing of a master franchisee agreement with Dunkin’ Donuts to bring the US-based baked food and coffee chain to India. The first outlet will open early next year.