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Breaking News

  • Celebree School Set to Ace 2023 as Franchise Growth & Performance Continues to Rise
    (franchising.com - 2/1/2023)
  • Celebree School, reflects on a momentous 2022 with the opening of 10 schools and 29 awards consisting of a combination of licenses and future development agreements. Now boasting 39 schools open and operating with 90-plus in various stages of development, 2023 is poised to be a record-breaking year.  (full story)

  • Zoom Room hits milestone in a national expansion
    (chainstoreage.com - 2/1/2023)
  • The search for new locations and franchisees is focused on all major metros in the U.S. Openings are slated for San Diego, Houston, and New York City’s Chelsea neighborhood.  (full story)

  • EZCORP Reports First Quarter Fiscal 2023 Results
    (businesswire.com - 2/1/2023)
  • Segment store count increased by 10 stores during this quarter due to two acquisitions...  (full story)

  • Murphy USA Inc. Reports Preliminary Fourth Quarter 2022 Results
    (yahoo.com - 2/1/2023)
  • In January 2023, the Company completed and opened 2 of the 17 stores that were under construction at December 31, 2022...  (full story)

  • Crisp & Green Inks Largest Multi-Unit Deal in Company History With 40-Units Sold Across Seven States
    (restaurantnews.com - 2/1/2023)
  • Crisp & Green has signed a record-breaking 40-unit development deal with franchise partner Rory Kelly of Salads & Smoothies, LLC. This monumental milestone comes at a time when the brand is embarking on its busiest year yet with a goal of 50 locations slated to open across 15 additional states before the end of 2023.  (full story)

  • Aldi supports Gulf Coast expansion with new regional HQ and DC; plans 100 stores
    (chainstoreage.com - 1/31/2023)
  • Aldi currently operates 30 stores in the Gulf Coast, having opened 20 stores in the area last year. It plans to add another 13 stores in 2023.  (full story)

  • Driven Brands opens 10th Take 5 co-development
    (investorsobserver.com - 1/31/2023)
  • Last month we signed our 1,000 th franchise license for Take 5 Oil Change, giving us a path to more than double our footprint over the next three to four years," continued Rivera.  (full story)

  • Wayback Burgers Breaks Records in 2022
    (qsrmagazine.com - 1/31/2023)
  • The brand also oversaw 17 remodels, signed 12 leases and opened 10 new locations, expanding its brand footprint to Utah, Arizona, Louisiana and Missouri. In 2023, Wayback Burgers plans to open 15 to 20 restaurants nationwide and roll out exciting new LTO menu items.  (full story)

  • McDonald’s plans up to 400 new stores in 2023
    (the-sun.com - 1/31/2023)
  • McDonald's will open a total of 1,900 restaurants globally and 400 of them will be in the U.S., the brand has announced...  (full story)

  • Punch Bowl Social Aims to Be Growth Company Again
    (fsrmagazine.com - 1/31/2023)
  • Other than continually building the existing business, the goal for 2023 is to open one new unit, although the company isn’t ready to share where it will be yet. The idea is to debut a few more in 2024 and an even larger amount in 2025.  (full story)

  • GetGo Opens 1st New-Build Store With Drive-Thru Window
    (cspdailynews.com - 1/31/2023)
  • "We have 20 locations in development throughout Ohio that will be opening in the next two years. Most of them will feature a drive-thru just like the one at this new store in Mentor."  (full story)

  • Sarpino’s USA Heads Into 2023 with Momentum
    (qsrmagazine.com - 1/30/2023)
  • Moving into 2023, Sarpino’s USA is continuing to drive its franchise development efforts where it is already experiencing great success, including South Florida; Kansas City, Missouri; and other states throughout the Southeast and Midwest regions.  (full story)

  • Black Rock Coffee Bar Opens Drive-Thru-Only Store in Phoenix Metro
    (qsrmagazine.com - 1/30/2023)
  • Founded in 2008 in Portland, Oregon, an area of the Pacific Northwest known for its coffee excellence, Black Rock Coffee Bar continues its rapid expansion in the West and into the Sunbelt with locations in Arizona, California, Colorado, Idaho, Oregon, Texas and Washington.  (full story)

  • Erbert & Gerbert’s debuts new end-cap unit in Minnesota
    (nrn.com - 1/30/2023)
  • Erbert & Gerbert’s, founded in 1988, is also focusing on development in urban areas and in such non-traditional sites as hospitals and college campuses. The company said Erbert & Gerbert’s stores will focus on end-cap locations in further development.  (full story)

  • Wild Eggs brunch chain acquired by investment group
    (nrn.com - 1/30/2023)
  • The deal, which was finalized Jan. 18, includes ownership of Wild Eggs’ 15 locations in Kentucky, Indiana and Ohio, as well as future franchising rights to the investor group. Financial terms of the deal were no disclosed. Wild Eggs will remain based in Louisville with its current leadership team intact.  (full story)

  • Is Mayweather Boxing + Fitness a Knock Out Franchise Opportunity?
    (1851franchise.com - 1/30/2023)
  • The company exceeded the milestone of 200 franchise units sold last year, and debuted 21 studios in 12 states, which reflects a 180% increase over its 2020 numbers.  (full story)

  • Smoothie King Reports Accelerated Development in 2022 with Over 160 Stores Added to Pipeline
    (prnewswire.com - 1/30/2023)
  • In addition to bolstering its development pipeline, Smoothie King opened 77 new stores in 2022 in key target markets, including Albany, New York; Cleveland, Ohio and Washington, D.C.  (full story)

  • Yesway Raises $190 Million in New Equity to Fund Its New Store Construction Program
    (prnewswire.com - 1/30/2023)
  • Given the success of the completed projects to-date, Yesway plans to construct 28 additional new stores in 2023, the majority of which will be funded using the proceeds of the new equity it has raised.  (full story)

  • Maverik Opens Store No. 400 in Magna, Utah
    (cspdailynews.com - 1/30/2023)
  • Maverik has stores in Arizona, California, Colorado, Idaho, New Mexico, Nebraska, Nevada, Oregon, South Dakota, Utah, Washington and Wyoming. The newest Maverik, with more than 5,000 square feet, is open 24 hours a day, seven days a week.  (full story)

  • Dollar General opens 19,000th store
    (drugstorenews.com - 1/30/2023)
  • "Today marks an exciting milestone in Dollar General’s history as we open our 19,000th store," said Jeff Owen, Dollar General’s CEO. "Since opening our first Missouri store in 1973, Dollar General has a longstanding history in the state and proudly employs more than 6,000 Missourians through our store, distribution center and DG Private Fleet."  (full story)

  • JINYA to Open 50th Location Systemwide
    (fsrmagazine.com - 1/30/2023)
  • JINYA Ramen Bar is spreading its real ramen culture across the West Coast – and the country – as the award-winning brand prepares for its Feb. 6 opening in Long Beach for its 50th location systemwide!  (full story)

  • New Costco Locations Announced For 2023
    (original.newsbreak.com - 1/28/2023)
  • “Costco Reportedly Opening 15 Major U.S. Locations in 2023 and Relocating Three Others,” is particularly relevant to this current piece due to detailing related company plans.  (full story)

  • The Sherwin-Williams Company Q4 2022 Earnings Call Transcript
    (yahoo.com - 1/27/2023)
  • We opened 40 net new stores in the fourth quarter and a total of 72 net new stores in 2022. Moving on to our Consumer Brands Group...  (full story)

  • Tractor Supply turns in record Q4
    (hbsdealer.com - 1/27/2023)
  • During the fourth quarter, Tractor Supply opened 39 new stores and six new Petsense by Tractor Supply stores.  (full story)

  • Nothing Bundt Cakes names Chris Tarrant new chief development officer
    (nrn.com - 1/27/2023)
  • "Our franchisees opened over 50 bakeries last year and expect to open more than 100 in 2023, so Chris is joining the team at a pivotal point as Nothing Bundt Cakes continues down its path of intentional growth."  (full story)

  • Bojangles Gets Off to Hot Start in 2023
    (qsrmagazine.com - 1/27/2023)
  • Bojangles announced its strong start to 2023, signing multiple franchise development agreements to bring 32 new restaurants to key target markets across the U.S., including Texas, Mississippi, New York, Maryland, and Tennessee.  (full story)

  • Lightbridge Academy Closes 2022 With Record a Year and is Ramping Up for More Growth in 2023
    (prweb.com - 1/27/2023)
  • This year’s new signings included Dallas-Fort Worth, marking the brand’s first entry into Texas. The team has big plans for the Lone Star State, with room to add 35 locations in Dallas and 30 in Houston.  (full story)

  • Former Jimmy John's CEO Creates New Fast-Casual Group
    (qsrmagazine.com - 1/27/2023)
  • The group, called Craveworthy, comprises existing restaurants that it acquired—Wing It On! and The Budlong Hot Chicken—and new concepts Krafted Burger + Tap and The Lucky Cat Poke Company. The combined platform features six company-owned stores and 13 franchised outlets, with another 18 franchises under development.  (full story)

  • Pet Supermarket Opens Two New South Florida Store
    (petbusiness.com - 1/27/2023)
  • Pet Supermarket has opened two new locations within the River Landing Shops & Residences in Miami, Florida, and within Doral Square in Doral, Florida.  (full story)

  • Sam’s Club details super-sized growth plans
    (winsightgrocerybusiness.com - 1/26/2023)
  • Bentonville, Arkansas-based Sam’s Club said it plans to open more than 30 new warehouses across the U.S. over the next several years, with the first slated to debut in Florida next year. The new stores will be about 160,000 square feet, about 20,000-square-feet larger than most current clubs, the retailer said.  (full story)

  • Kendra Scott CEO: ‘We Don’t Have to Reinvent Ourselves to be Successful’
    (retailtouchpoints.com - 1/26/2023)
  • In addition to that, we’ve always been really bullish on retail to drive the experience for us. We did close to 15,000 events last year in our 130 locations, and in the last two years we’ve opened almost 30 stores.  (full story)

  • Rutter’s 100-Year Plan: Expansion in Pennsylvania, Virginia, Delaware
    (cspdailynews.com - 1/26/2023)
  • In Pennsylvania, Rutter’s is looking to continue its expansion outside the central part of its home state, with its 10,000-to-12,000-square-foot stores on up to 25 acres of land.  (full story)

  • The Little Gym Franchisee Duo Expands Footprint in Texas with New Two-Unit Deal After Opening 6 Gyms
    (franchising.com - 1/26/2023)
  • Unleashed Brands, recently signed a new franchise agreement with entrepreneurs Eric Alstrin and Nicole Stiles to bring two new gym locations to Katy West and Cedar Park, Texas within the next year. The entrepreneurial duo already owns and operates six locations throughout Houston and Austin, which will bring the pair to eight total gyms throughout Texas.  (full story)

  • Altitude Trampoline Park Ascends to the Top of the Family Entertainment Segment in 2022
    (franchising.com - 1/26/2023)
  • The active family entertainment franchise signed 17-plus agreements to bring active family fun to new markets in Northern Michigan, New Mexico, Virginia, Coastal South Carolina, Indiana, Denver and even Spain. The brand is projected to open 15 of new parks and has a goal of signing an additional 41 units in 2023.  (full story)

  • Salata Salad Kitchen eyeing Las Cruces for expansion into New Mexico
    (yahoo.com - 1/26/2023)
  • Davis said that Salata planned to open at least 20 new locations in 2023 and sign 30 locations for 2024 growth. Davis said the company is currently recruiting across all of New Mexico. Locations in Albuquerque, Santa Fe, Roswell and other metropolitan and seasonal areas may pop up in the future.  (full story)

  • Pokemoto Expands in Texas with Three New Houston Area Franchise Agreements Signed
    (investorsobserver.com - 1/26/2023)
  • Pokemoto, Muscle Maker, Inc.’s expanding Hawaiian poke bowl restaurant concept, today announced that it has signed its first three new franchise agreements in the Greater Houston, Texas market, bringing its total company wide franchise agreements signed to 60.  (full story)

  • Grimaldi's to Celebrate 20th Anniversary throughout 2023
    (fsrmagazine.com - 1/25/2023)
  • Beyond celebrating its 20th year milestone this year, Grimaldi’s plans to continue growing and serving new communities, including opening two new restaurants in Texas and one in Kansas, and will also be making a series of exciting franchise announcements.  (full story)

  • Naansense Enters 2023 with Four New Units in the Works
    (qsrmagazine.com - 1/25/2023)
  • Founders, Hiran and Viral Patel, have been very encouraged by customers’ response to the return of the brand and are ready to restart growth plans for Naansense with confirmed openings in Naperville and Oakbrook in 2023 and stores planned for Glenview and Schaumburg in 2024.  (full story)

  • Aldi to open 6 new stores on Thursday
    (winsightgrocerybusiness.com - 1/25/2023)
  • Aldi will open six new stores on Thursday, as the discount grocery continues its swift expansion around the country...  (full story)

  • Monro, Inc. Announces Third Quarter Fiscal 2023 Financial Results
    (yahoo.com - 1/25/2023)
  • During the third quarter of fiscal 2023, the Company opened 1 store and closed 2 stores. Monro ended the quarter with 1,296 company-operated stores and 79 franchised locations...  (full story)

  • This food, beer chain is officially open in Mason
    (news.yahoo.com - 1/25/2023)
  • Beerhead Bar & Eatery, located at at 5227 Kings Mills Road in Mason, opened Jan. 18 under franchisee Koray Baysal, who plans to open two additional locations in the region.  (full story)

  • 2022 Marks Another Year of Fresh Growth for Robeks
    (restaurantnews.com - 1/25/2023)
  • The company also grew in unit count with the opening of 10 new locations and signed 18 franchise and area development agreements for 27 more locations.  (full story)

  • Bad Ass Coffee of Hawaii in expansion mode with ‘robust’ pipeline
    (chainstoreage.com - 1/25/2023)
  • In 2023, the company plans to hone in on development efforts in the Southeast, Southwest, and Coastal designated market areas, in addition to re-establishing store presence in Hawaii. With a robust pipeline, the brand is projecting 20 to 30 new store openings by year-end.  (full story)

  • Sweet Paris Crêperie & Café Sees Record Sales Growth in 2022
    (qsrmagazine.com - 1/25/2023)
  • A total of 14 additional units are currently in various stages of development, that will bring Sweet Paris’ total store count to 26 in the near future.  (full story)

  • Blaze Pizza Opens 13 Locations in 2022, Looks to Keep Rolling
    (qsrmagazine.com - 1/25/2023)
  • The development agreements over the past 12 months will add 27 restaurants across target markets like Maryland, Georgia and Tennessee, fueling the brand’s momentum after celebrating an impressive 10 years in business.  (full story)

  • Beans & Brews Coffeehouse Inks New Growth Deals in Texas
    (qsrmagazine.com - 1/25/2023)
  • In addition to this multi-unit Texas agreement, Beans and Brews Coffeehouse has awarded 29 other franchise agreements in Cypress, Texas, New Mexico, Arizona, Nevada, and Utah, with additional agreements in the works in Colorado, Idaho, and Wyoming.  (full story)

  • Genghis Grill Enters 2023 with Momentum, Sights Set on Growth
    (fsrmagazine.com - 1/25/2023)
  • Genghis Grill enters 2023 with a healthy serving of momentum behind it. Stocked with the 24 signed agreements it inked in 2022 and 23 locations already in various stages of franchise development, the brand is positioned for milestone growth.  (full story)

  • Biscuit Belly Kicks of 2023 with Focus on National Franchising
    (qsrmagazine.com - 1/24/2023)
  • The brand currently has five locations open and 20-plus locations in development, with plans to sign four to five additional multi-unit deals by the end of 2023. Including the franchise fee, the initial investment for a Biscuit Belly franchise is between $697,000 to $1,102,000.  (full story)

  • Wagamama U.S. to expand into Tampa, Fla.
    (nrn.com - 1/24/2023)
  • Tampa will be the brand’s fourth domestic market when it is scheduled to open Feb. 11 with a 4,200-square-foot restaurant that include booths, communal tables and an outdoor patio.  (full story)

  • Why the restaurant rent model needs to change
    (nrn.com - 1/24/2023)
  • As rent delinquencies remain high across several markets, some experts suggest taking a different approach to lease negotiations.  (full story)








     

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