Bruce Horovitz writes in USA Today that Dominos will announce plans today to roll out a line of four, $4.99 oven-baked sub sandwiches, including Philly Cheese Steak and Chicken Bacon Ranch, that it will deliver with or without pizzas.
The rollout starts Aug. 25. When complete on Sept. 22, Domino’s will become the largest sandwich delivery company in the nation, CEO Dave Brandon says. Non-burger sandwiches are a $21.2 billion market.
Domino’s is not stopping at subs.
"We’re looking at... Read Full Story
CNN Money reports that Mrs. Fields Famous Brands LLC plans to file for Chapter 11 protection.
The cookie company is reorganizing and working out a prepackaged plan with its creditors, according to a filing Friday with the Securities and Exchange Commission.
Representatives from Mrs. Fields did not immediately return calls for comment.
In the filing, Mrs. Fields reported "aggressive competition" in its franchising business. "Many of our competitors have greater resources or more favorable... Read Full Story
The American Association of Franchisees and Dealers (AAFD) announced today that it has suspended its recognition of Cuppy’s Coffee and More, LLC as an AAFD Accredited Contract recipient, pending a determination of the Association’s Board of Directors that AAFD’s Accreditation of the Cuppy’s contract should be withdrawn.
In an Email to Cuppy’s CEO, Dale Nabors, AAFD Chairman Robert L. Purvin stated, “Due to the serious allegations that have been raised [regarding Cuppy’s failure to honor... Read Full Story
According to today’s ADP National Employment Report®, private employment among small businesses increased by 50,000 in July.
The ADP National Employment Report, sponsored by ADP, was developed and is maintained by Macroeconomic Advisers, LLC. It is a measure of employment derived from an anonymous subset of roughly 500,000 U.S. business clients.
“Employment among small-size businesses, defined as those with fewer than 50 workers, advanced 50,000 during July, rebounding somewhat from the... Read Full Story
Pizza Maker to Open 50th Store, Boasting 30 Percent Growth in Last Six Months
In a shaky economy, as more people interested in running a business turn to franchising, California pizza maker Straw Hat Pizza is boasting a built-in roadmap to success, one that has driven business growth up 30 percent in the last six months to 52 stores from 38. By September, the chain plans to have 55 stores.
Straw Hat Pizza has been awarded the Fair Franchising Seal by the American Association Franchisees... Read Full Story
Forbes Magazine reports that as losses mount at American banks and the pain of the credit crisis spreads from housing and finance to the broader economy, many small companies complain it is increasingly difficult to obtain loans.
Tighter credit could not only help to push the United States into recession, but prolong the downturn as ideas for new businesses get stymied once entrepreneurs sit down with local bank managers, small business representatives warn.
"In recent weeks we’ve seen banks... Read Full Story
Advertising Age reports that while Starbucks is closing stores and McDonald’s is focusing its expansion efforts abroad, Subway, by far the largest fast-food chain, with 22,000 U.S. locations, is adding 800 this year.
Don Fertman, director-development for the sandwich shops, said there’s now about one Subway for every 13,800 people in the U.S., although some markets, such as Philadelphia and Boston, are "under-served." He said he thinks Subway can take the ratio to one restaurant for every 12... Read Full Story
Technorati Tags: franchisee,food,subway,grinders franchise,subway franchise,franchising,franchises
The New York Post reported that business has not ended well for ex-franchisee, Anthony "Cousin Vinny" Agnello, who offered "Subway-style" grinders by day and exotic lap grinders by night. He has been sued successfully in court by the Subway chain.
Anthony "Cousin Vinny" Agnello ran afoul of trademark laws for offering the fast-food chain’s signature sandwich - as well as Subway wrappers, bags... Read Full Story
Does the amended Rhode Island (RI) that was passed and agreed to by many parties including the IFA, CFA, DDIFO, Dunkin Brands and others set a new standard for termination clauses in franchise agreements, moving forward?
The RI law calls for:
60 days prior written notice of termination, cancellation, or nonrenewal.
30 days in which to cure any claimed deficiency, provided that a dealer has a right to cure 3 times in any 12 month period.
Even though the dates had been reduced from the... Read Full Story
The Boston Business Journal reported Au Bon Pain plans to add a total of 100 units over the next two years in India. The Boston-based bakery and cafe chain has signed a master franchise agreement with Spencer’s Retail Limited, the retail arm of RPG Enterprises, a $3 billion Indian conglomerate with 20 companies operating in six business sectors, including retail, power, entertainment, technology, transmission and tires. The announcement comes at a time when Au Bon Pain, earlier this year... Read Full Story
