As the election approaches, many franchise owners may notice a dip in sales. Don’t worry—this slowdown is likely temporary. Many consumers hesitate to spend on non-essentials like travel, gym memberships, beauty services, home upgrades, cars, and other discretionary items. According to The New York Times, this hesitation stems from pre-election …
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Oravel Stays, the parent company of OYO, is set to acquire G6 Hospitality, the umbrella brand behind Motel 6 and Studio 6, for $525 million in an all-cash deal. This acquisition is expected to close in the fourth quarter of 2024. Oravel Stays, based in Gurgaon, India, is expanding its …
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The Fast Food Icon Sets Sights on Global Markets with Aggressive Expansion Plans.The world can’t seem to get enough of Popeyes’ signature fried chicken, and the brand has big plans to satisfy that demand worldwide. Following a period of impressive international growth, Popeyes is gearing up for continued global expansion …
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In a strategic move to broaden its service portfolio, BLO Blow Dry Bar has officially acquired LashBar, a well-known name in the lash extension industry. This acquisition marks a significant step for BLO as it aims to enhance its customer experience and offer comprehensive beauty services under one roof. Enhancing …
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For many, coffee is more than just a morning kickstart—it’s an essential part of daily life. As the world’s second-most popular beverage after water, coffee holds a special place in the hearts of millions. While water is necessary for survival, it’s that first cup of coffee that often fuels our …
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National Watermelon Day, observed every year on August 3, is a chance to honor one of summer’s most beloved fruits: the juicy, refreshing watermelon. But why celebrate watermelon? The answer is simple: because it’s a fan-favorite! This iconic summer treat not only satisfies with its sweet flavor but also boasts …
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The journey from being an employee to owning multiple franchises is a transformative experience that offers both financial independence and personal fulfillment. This transition is more accessible than ever, thanks to franchise systems designed to support entrepreneurs at every stage. Whether in retail, food service, or specialty industries, the franchising …
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FASTSIGNS®, the premier sign, graphics, and visual communications franchise, has just received the prestigious Franchise Customer Experience Certification. This honor highlights FASTSIGNS’ unwavering commitment to both franchisees and customers, as it continues to set benchmarks for excellence in franchising. The award is a recognition of the company’s focus on delivering …
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In a significant move that will shape the future of franchising, the International Franchise Association (IFA) has announced its acquisition of Franchise Update Media, a long-standing leader in franchise news, education, and events. This deal, expected to close by the end of the year, will bring the highly regarded Multi-Unit …
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The restaurant industry continues to face unprecedented challenges in 2024, with multiple big-name chains filing for bankruptcy. One of the latest to join the list is BurgerFi International, a fast-casual burger chain that recently filed for Chapter 11 bankruptcy protection. The company’s struggles stem from declining sales, rising operational costs, …
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