Sales at the largest restaurants bested 2019 levels in 2021, but the success is concentrated among the biggest chains. The 500 largest chain restaurants recovered from their pandemic losses in 2021 and then some, as consumers unleashed pent-up demand for dining by flocking to everything from fast-food drive-thrus to high-end steak chains. Sales at the

Fast-Casual Burger Brand Ranks on List of Top Franchise Companies in the U.S. The Habit Burger Grill recently announced that it has been named a Top Food Franchise and a Top Global Franchise by Entrepreneur Magazine, ranking #116 out of 200 in the Top Global Franchises category and #6 in the “Best of Hamburgers” ranking.

There’s plenty of progress among restaurant franchisors. Like many other industries, the restaurant sector is constantly evolving. Candidates can investigate restaurant-related franchise concepts that serve everything from flavored ice and vegan-only menu items to specialty coffee shops and Korean BBQ. But progress in the restaurant franchising category is also notable in the

The value of global retail is astounding. According to research firm Market & Research, the global retail market was nearly US$20.3 trillion in 2020, having increased at a compound annual growth rate (CAGR) of about 2.4 percent since 2015. The global retail market is expected to double to US$39.9 trillion by 2030. According to the

Credit: Internet Find out how to determine a franchise concept’s overall ROI and profit margin. For the majority of restaurateurs, the goal isn’t to earn a Michelin star, and more often than not it’s about survivability. It’s no secret that most restaurants operate on fairly slim profit margins (2-6%), and external factors that affect fixed costs can sometimes be

When focusing on franchise growth, companies should follow these steps. The franchising industry is growing every day. As businesses adapt to the changing needs of customers, there are three key pillars that are essential for brands to maintain growth in a competitive landscape to attract the right franchise owners. To compete today, you have to

Habit Burger Grill, Slim Chickens, Little Caesars Pizza, Jaggers, Yenly Yours, Coca Hotpot, and more seek franchisees in the Philippines. With a fast-growing middle class, the Philippines has been an incredible market for franchising and entrepreneurship. Consumers are fond of American franchises and brands, whereby approximately 90 percent of all foreign franchises originate from the

Everyone knows that Filipinos love to eat. There are all kinds of restaurants, cafes, buffets, desserts, fast-food, ice cream and yoghurt, and fine dining restaurants everywhere. Indeed, the country is a food paradise. While the food and beverage (F&B) industry is thriving in the Philippines, other franchise segments continue to grow as incomes and standard of living increase.

Customers inside a coffee shop in HCMC’s District 1. Photo by VnExpress/Dy Tung Despite facing labor shortages and rising costs, the F&B industry is hopeful of leaving behind a two-year slump and even thriving. The Vua Cua restaurant chain’s sales have only recovered to 70 percent of pre-Covid-19 levels. But Doan Thi Anh Thu, its

Leading global pizza chain celebrates important franchise development goals achieved in 2021 and the first quarter of 2022. Little Caesars signed numerous multi-unit deals in the United States with a variety of key franchisees in 2021, confirming the brand’s current growth strategy for today’s marketplace and setting the stage for securing new store commitments at

Mom’s Touch is entering the Thai market with a master franchise contract it signed with with Mom’s Touch Thailand where the CEO of local entertainment firm RS Group is the board of directors. Master franchise is a franchise relationship in which the franchise brand owner grants another party the right to recruit new franchisees in a

McDonald’s restaurant in Seoul Burger King, KFC’s South Korean units are up for sale, while homegrown burger maker Mom’s Touch is likely to hit the market in H2. McDonald’s Corp., the world’s top fast-food restaurant operator, is seeking to sell its South Korean business, heating up the mergers and acquisitions market in the local burger