Franchise Daily Digest: May 1 | Global Franchise
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Friday 1st July, 2022

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Franchise Daily Digest: May 1
Franchise Daily Digest: May 1

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Franchise Daily Digest: May 1

Maintaining your brand’s reputation and more, in today’s daily briefing

Maintaining your brand’s reputation and more, in today’s daily briefing.

“When your reputation is at stake, I can’t imagine doing anything but the best”

On the newest episode of the Global Franchise Podcast, we got the chance to speak with Jamie Izaks, president of All Points Public Relations, about his proactive PR plan to help franchisors navigate the COVID-19 crisis and come out the other end with their brand and audience intact.

To listen to this essential conversation, as well as our other episodes with professionals throughout the franchising community, make sure to head on over to globalfranchisemagazine.com/podcast.

NATSO partners with the IFA to help feed truck drivers

NATSO, the national association representing truckstops and travel plazas, has partnered with the International Franchise Association (IFA) to keep truck drivers informed about food options and truckstops while they’re on the road.

“Franchise businesses represent some of America’s most loved and trusted brands,” said Robert Cresanti, IFA president and CEO. “America’s truckers are keeping our economy moving during COVID-19, and we’re excited to partner with NATSO to increase their access to meals while on the road.”

Security and growth in a post-COVID world

Ray Hays, managing partner at FranLaunch USA, has penned an article for Global Franchise detailing how certain franchise industries, such as security-related concepts, are still seeing strong demand throughout the COVID-19 crisis.

“The security sector, in general, is fragmented into various products and services segments, but its future looks bright,” writes Hays. “A review of the FDDs of the U.S. security franchisors shows solid franchisor expansion and healthy unit-level financial performance. In short, it’s an upward trending market.”

Make sure to read Hays’ full article here.

Dunkin’ Brands reports first quarter 2020 results

Dunkin’ Brands, the parent company of Dunkin’ and Baskin-Robbins, recently reported results for its first quarter of 2020. Some key figures include the opening of 38 net new Dunkin’ and Baskin-Robbins locations globally, and an increase in revenues by 1.3 per cent.

“At Dunkin’ Brands, we feel an obligation to do our part to keep America working by avoiding any corporate furloughs. Our focus has been to preserve our strong balance sheet by aggressively reducing operating expenses and preserving cash, including suspending our quarterly dividend and share repurchase programs,” said Dave Hoffman, Dunkin’ Brands CEO. “Simultaneously, our management team and Board of Directors are voluntarily taking salary and fee reductions with the savings generated going to the Dunkin’ Brands Family Fund, which supports Dunkin’ and Baskin-Robbins crew members in times of crisis.”

Buffalo Wings & Rings’ donates $10,000 to local charities

The Buffalove foundation, a charitable organization created by Buffalo Wings & Rings’, has announced a donation of $10,000 to local charities to assist with ongoing care and support during the COVID-19 crisis. Buffalove has increased its annual donations to local charities since 2016, and this latest amount has nearly tripled its regular amount.

“We are committed to supporting our communities during this difficult time, and have significantly increased our donations and our efforts in order to do so,” said Buffalove president and Buffalo Wings & Rings’ CEO, Nader Masadeh. “Through our Buffalove Foundation, we strive to serve more communities and feed more hungry children year after year. We know that it’s more important to give back now, than ever before.”

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