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Private-equity firm acquires Shipley Do-Nuts

Restaurant Business

Franchised brands have been popular targets for investors that prefer their lack of capital spending and cash flow that is less susceptible to recessionary downturns like those of company-run operations. Other brands are winning with new, more sustainable business models. Shipley generated $320 million in system sales last year, up 8.1%

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The Cheesecake Factory leans into value with low-priced bowls and bites

Restaurant Business

We believe we can take market share and have been taking market share because of that sustained quality.” Now he's readying the three-unit concept for franchise growth, saying this is how younger diners want to eat. The chain also continues to see promising results from its loyalty program, Cheesecake Rewards.

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BJ’s Restaurants, Shake Shack, Bonchon and more make executive moves

Restaurant Business

David Wheeler, Bonchon Korean fried chicken chain Bonchon announced two new additions to its development team to double down on franchise expansion. Other brands are winning with new, more sustainable business models. David Wheeler joined the company as VP of development and Michel Haddad as director of design and construction.

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BJ's Restaurants promotes President Lyle Tick to CEO

Restaurant Business

I look forward to building on the foundations we have laid and continuing to work with Brad, the Board, the leadership team and our team members around the country as we execute on our strategies to position BJ’s for sustainable long-term success.” Houdek had been with the chain since 2019.

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DoorDash loses its challenge to Uber lawsuit

Restaurant Business

On the one objection that was sustained, the court is giving Uber a chance to revise its argument while moving ahead with the rest of its case. " Now the structure is in place to accelerate expansion outside California, without franchising. Premium Technology Loyalty programs are growing.

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MRM Franchise Feed: Virtual BBQ and Pieology in China

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine's Franchise Feed offers a glimpse at what's new in the restaurant franchise and MUFSO environment. ” Dickey’s is now offering a franchise discount for existing Owners Operators. . Virtual Barbecue Pit. Hot for Dave's Hot Chicken. 10 units in Chicago.

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Face Pay Network, Restaurant of the Future and The Main Course

Modern Restaurant Management

In this edition of MRM News Bites, we feature a webinar that looks into the future of restaurants, face pay, delivery robots, drone delivery and a new venture for MRM. The organization owns the Roy Rogers brand, as well as Marriott and Hilton franchises in Maryland, Pennsylvania, and Georgia. The Main Course.