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News
Major Sfiha Chain Faces Tough Battle: Habib’s Owes R$ 265 Million and Races Against Time
2+ hour, 26+ min ago (1371+ words) The doors remain open, orders continue to be prepared, and customers still find the traditional sfihas on the menu. Behind the scenes, however, Habib’s is undergoing judicial recovery involving R$ 265.2 million in debt, numerous companies, and a critical deadline to…...
Lakers Owner Breaks Silence on $12.5 Billion Sale Amid Federal Probe
7+ hour, 3+ min ago (643+ words) Mark Walter’s holding company has rejected suggestions that the Los Angeles Lakers’ abrupt $12.5 billion sale was driven by financial pressure created by a federal investigation into other parts of his business empire. In its most detailed public response since Walter…...
Fitura Brands Selects ABC Fitness to Power a Unified Franchise Platform Across Sport, Strength and Recovery
5+ hour, 40+ min ago (257+ words) Strategic technology partnership will connect Padel SWT, Core Precinct and ContrasTheory through one scalable operating ecosystem, creating a seamless member journey and simplifying operations for franchise partners. Fitura Brands, the premium franchise platform behind Padel SWT, Core Precinct, and ContrasTheory,…...
Papa Johns Sales Are Down in the U.S. — But It Just Found a New Growth Partner on the Other Side of the Border
10+ hour, 16+ min ago (147+ words) entrepreneur.com KM Capital is taking over 44 Papa Johns locations in Mexico, with plans to grow from there. Papa Johns’ international business just posted its seventh straight quarter of positive same-store sales, up 1.5% in Q2. Its U.S. business, meanwhile, is down…...
Marketing Byte: Who Handles Franchise Marketing and Advertising
9+ hour, 44+ min ago (516+ words) Franchise Update Media’s 2025 Annual Franchise Marketing Leadership Report highlights key trends shaping the industry. The AFMR is a survey of top franchise marketing executives that provides insights into the latest consumer behavior trends, innovative marketing strategies, technology, and the impact…...
Operators Share Ways to Thrive, Remain Competitive
7+ hour, 46+ min ago (886+ words) ATLANTA — With the seniors housing occupancy rate riding high at 89.9 percent across the 31 NIC MAP primary markets as of the second quarter — but expenses also rising — what is the best way for operators to increase revenue? “Elevate the services that…...
Papa Johns refranchises 28 Florida locations
9+ hour, 56+ min ago (270+ words) The restaurants are now owned and operated by franchisee Wade Oney’s PZZA Group and Magic City Pizzerias. Papa Johns has refranchised 28 formerly corporate-owned restaurants in the Orlando, Florida, market. They are now owned and operated by PZZA Group, LLC, and…...
Will VLY's Providence Buyout Accelerate Growth in Chicago Franchise? — TradingView News
9+ hour, 54+ min ago (532+ words) Valley National Bancorp’s VLY planned acquisition of Providence Financial Corporation, the parent company of Providence Bank & Trust, is expected to strengthen its Chicagoland franchise and help diversify deposits, loans, and fee income. VLY will acquire Providence for approximately $247 million, with…...
Pet Wants: Innovating the Pet Retail Franchise Model
9+ hour, 15+ min ago (399+ words) This brand aims to redefine pet retail with a flexible mobile-to-store model, fresh proprietary nutrition and a community-first approach that turns franchisees into trusted wellness experts. Innovation doesn't always mean inventing an entirely new category. Sometimes it means rethinking how…...
Papa Johns sells 28 Florida units
11+ hour, 6+ min ago (347+ words) The refranchising deal in Orlando is part of the chain’s initiative to reduce its restaurant ownership in North America. Papa Johns is on track to reduce its ownership of restaurants to a mid-single-digit percentage of its North American storebase, Christopher…...