What FRANdata Thinks

FRANalyst Fridays: Blockbuster, Chipotle, & CEO Shake Ups

August 31st, 2018 by Ritwik Donde

“Nothing stays the same forever. In a world where things are always changing, sometimes you have to think about who you are and where you stand—and figure out whether or not it’s time for a refresh or a total change in direction. At its peak, Blockbuster Video had more than 9,000 stores. But starting next week, there will be only one left in America. Following the acquisition of the company by Dish Network in 2011, the remaining corporate stores began winding down, leaving the Blockbuster Video in Bend, Oregon, as the final store.”

Read more here.

In The News:

  • 17 CEO Changes Shaking Up the Restaurant Industry This Summer [Restaurant Business]
  • Restaurants Must Embrace Online Delivery, and Fast [Bloomberg]
  • Leveraging POS partners to make delivery work for you [Fast Casual]
  • New Potbelly CEO Wants to Make Sandwiches More Interesting [The Wall Street Journal]
  • Villa Restaurant Group Bolsters Corporate Team [QSR]
  • Fransmart Taps Dustin Snyder as Chief Operating Officer [QSR]
  • SweetFrog Executes Strategic Takeover of 2 Reno Shops [QSR]
  • OnDeck Canada Adds New Revolving Credit Facility to Finance Small Business Loans [Markets Insider]
  • Middle East firms eye franchising of Filipino brands [Philippine News Agency]
  • ZIPS Dry Cleaners Brings Same-Day, One-Price Dry Cleaning to Portland [Franchising.com]
  • First Franchise Capital Now Offers Customizable Financing Up to $30MM [Markets Insider]
  • Chipotle Isn’t Franchising…Yet. Here’s What You Can Do in the Meantime. [Entrepreneur]
  • Row House Propels Nationwide Expansion; Signs 47 Franchise Agreements in Five Months [Franchising.com]
  • First Fiddle Restaurants aims top-line growth by 2020; to opt for franchising route to expansion [Business Standard]
  • Community banks offer relationship banking, personal service [Miami Herald]
  • Titled Kilt Pub and Eatery to Be Acquired [Franchising.com]
  • Jeff Bezos Banned PowerPoint in Meetings. His Replacement is Brilliant [INC]
  • San Francisco’s minimum wage is now $15 an hour – here’s how that stacks up to other major cities [Business Insider]
  • Tropical Smoothie Café Achieves Exceptional Growth and Success in the First Half of 2018 [RestaurantNews.com]
  • First-time entrepreneurs propel Indian franchise business; industry pegged at $150 bn in 5 years [The Economic Times]
  • Exclusive: Starbucks and McDonald’s team up to rethink cups [Fast Company]
  • Marriott Will Stop Using Plastic Straws in all of its Hotels by 2019 [Time]

 

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