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Good News! - February 2018

February 18, 2018 // Eddy Goldberg

2017 was a good year for franchising, with favorable legislation, continued growth of both established and emerging brands, and a slew of consolidation — not only at the franchisee level, but also for franchisors as franchise holding companies continued to increase the number of brands in their stable. But with all that growth and change churning away, it’s gotten harder to keep up with all the good news! That’s why we provide our “Good News!” monthly roundup of selected news items on unit growth, investment and financial developments, international expansion, people, and milestones attained by franchisors large, medium, and emerging. Here’s your chance to follow the leaders, every third Tuesday of the month.


So if you’re not doing it already, send us your good news here.


New Units/Growth/Expansion


East Coast Wings + Grill To Add 7 More Units in Tennessee


Shipley Do-Nuts To Open in Oklahoma; 25 Planned for the State


Rush Bowls Signs Multi-Unit Deal for 3 in Tempe and 3 in Denver


Capriotti’s Signs New Multi-Unit Deals for 4 States (CO, UT, SD, DE)


The Hummus and Pita Co. Signs 5-Unit Deal for Detroit


Embassy Suites by Hilton Opens LEED-Certified Hotel in Denton, TX


A&W Signs Deal for 8 Units in 8 Years in Northwest Ohio


Financial/M&A


Q4 Restaurant Sales Rise 2.6%, First Quarter of Sales Growth in 2 Years


ComForCare Acquires CarePatrol, a Senior Living Placement Service


WKS Restaurant Group Buys 52 Wendy’s from Pennant Foods


Choice Hotels Completes $231 Million Acquisition of WoodSpring Suites


Jollibee Foods Ups Stake in Smashburger to 85% for $100 Million


Big Plans, Big Dreams


New Dairy Queen CEO Troy Bader Outlines Future Plans


Dunkin’ Donuts CMO Lays Out Plans for Changes and Future Growth


Nestle Toll House Café Plans 35 New Units in 2018


Gold’s Gym Outlines Plans for Continued Growth in 2018


International


Melt Shop Opens in Kuwait, Its First Overseas Franchise Location


Wayback Burgers Opens in Khartoum, Sudan in 7-Unit Deal


Dublin-Based Fast-Casual Burger Brand Rocket’s Expands


New And Emerging Brands


The Lobster Pot Begins Franchising After 40 Years in Provincetown


Yogibo Launches Franchising Effort for Its “Fun-iture” Stores (Video)


Superior Fence & Rail Opens 10th Location (Fort Myers, Florida)


Flatbread Grill Now Franchising Its Mediterranean Concept


Giardino Gourmet Salads Opens 16th and 17th Units (South Florida)


Crazy Pita Rotisserie & Grill Begins National Franchising


Shuckin’ Shack Plans To Grow from 12 to 18 Locations in 2018


The Pizza Press Aims To Have 50 Locations Open in 2018


People, Awards, Milestones


Eileen Huntington Named IFA 2017 Entrepreneur of the Year


Sizzler Celebrates Its 60th Anniversary with Meal Specials


PJ’s Coffee of New Orleans Turns 40, Plans 20 New Locations


Nekter Juice Bar Opens 100th Restaurant (Anaheim Hills, CA)


Subway Promotes Tracy Steinwand to Director of Global Operations


Chipotle Names New CEO: Brian Niccol, Former Taco Bell CEO

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