Workflow
Franchise expansion
icon
Search documents
Mattel Unveils Expansive Masters of the Universe Publishing Program Ahead of the Film's Global Theatrical Release
Businesswire· 2026-02-19 18:00
Core Viewpoint - Mattel, Inc. is launching a comprehensive Masters of the Universe publishing program through 2026, aiming to expand the franchise to new and diverse audiences globally [1] Group 1: Company Initiatives - The publishing program will be executed via Mattel Press, the company's own publishing platform, along with various partners [1] - This initiative is part of a broader strategic plan to enhance the franchise's reach across multiple sectors, including toys, film, digital experiences, and consumer products [1]
The Wendy's Company is Recruiting Franchisees to Accelerate Growth in Tijuana, Mexico
Prnewswire· 2026-01-29 14:24
Core Viewpoint - Wendy's is accelerating its growth strategy in Mexico, particularly focusing on Tijuana and Baja California, seeking experienced franchise partners to expand its restaurant presence in these regions [1][2][3]. Expansion Strategy - Mexico is viewed as a high-potential growth market for Wendy's, with the capacity to support over 400 restaurants nationwide [2]. - Tijuana has been identified as a priority development hub due to its strong consumer demand and significant untapped potential [4][6]. Franchise Recruitment - Wendy's will host a franchise recruiting event in San Diego, California, on February 10, aimed at attracting potential franchise partners for new restaurant development [5]. - The company is actively seeking franchise partners to build and operate new restaurants in Tijuana and surrounding regions, including Baja California Sur and Sonora [4][8]. Market Position and Consumer Engagement - Wendy's has over 30 years of history in Mexico, with 71% of consumers in established areas having tried the brand, indicating strong local engagement [8]. - In regions where Wendy's has not yet opened, the brand enjoys 92% awareness and a 46% trial rate, reflecting high consumer interest and growth potential [10]. Strategic Investments - The company has made strategic investments in local marketing, supply chain resources, and technology upgrades to support its growth in Mexico [7]. - A national marketing fund has been launched to enhance brand awareness, while local suppliers have been approved to ensure consistent delivery of high-quality menu items [7].
Major franchisee Doherty Enterprises adds Qdoba to its roster
Yahoo Finance· 2025-12-17 16:30
Core Insights - Doherty Enterprises Inc. is expanding its portfolio by adding Qdoba Mexican Eats, with plans to develop 27 restaurants in select markets in New York and New Jersey over the coming years [1][2] Company Expansion - The agreement marks a strategic expansion for Doherty Enterprises, which currently operates 158 restaurants across various brands including Applebee's, Panera Bread, and Wendy's [2] - Qdoba is experiencing rapid growth, having opened its 800th location in June and secured $527 million in funding from Butterfly Equity in August to accelerate its expansion [3][4] Leadership and Strategy - Following its acquisition by Butterfly Equity in 2022, Qdoba appointed John Cywinski as CEO and shifted to a franchise-first model, aiming to double its unit count to approximately 1,500 restaurants [4] - Doherty Enterprises was selected as a lead development partner due to its successful track record in scaling national restaurant brands and its operational expertise in the New York and New Jersey markets [5] Future Plans - In 2026, Doherty Enterprises plans to open new locations for Wendy's, Panera Bread, Applebee's, and Jinya Ramen Bar, while also completing over 15 remodels of existing Applebee's locations [6]
Happy Belly Food Group's Heal Wellness Signs A 10 Unit Development Agreement for the State of Colorado, USA
TMX Newsfile· 2025-12-17 11:00
Core Viewpoint - Happy Belly Food Group Inc. has announced a 10-unit franchise development agreement for its Heal Wellness brand in Colorado, marking a significant step in its U.S. expansion strategy [1][4]. Company Expansion Strategy - The franchise agreement is part of Happy Belly's disciplined U.S. franchising expansion strategy, focusing on establishing state-by-state frameworks with experienced partners [3][4]. - Colorado is identified as a strategic market for Heal Wellness due to its health-conscious culture and demographics that align with the brand's positioning [4]. Market Positioning - Heal Wellness is positioned as a convenient, better-for-you quick-service restaurant (QSR) brand that emphasizes functional nutrition and premium ingredients [4]. - The brand currently operates 30 locations and has over 178 in development, contributing to Happy Belly's portfolio of 666 contractually committed retail franchise locations across various emerging brands [7]. Franchise Development - The company is actively working with its franchise partner to identify prime locations that match Heal's core customer profile, while also advancing state-specific franchise documentation [5][7]. - Partnering with experienced development partners is seen as a key driver for success in establishing a presence in new markets [7]. Product Offering - Heal Wellness offers a diverse range of smoothie bowls and smoothies, focusing on fresh wellness foods that support an active lifestyle [8].
Happy Belly Food Group's Heal Wellness QSR Announces the Signing of a Secured Real Estate Location for Georgetown, Ontario
TMX Newsfile· 2025-12-16 11:00
Core Insights - Happy Belly Food Group Inc. has announced the signing of a real estate location for its Heal Wellness brand in Georgetown, Ontario, as part of its asset-light growth strategy in the Greater Toronto Area [1][3] - Heal Wellness specializes in quick-service offerings such as fresh smoothie bowls, açaí bowls, and smoothies, catering to the growing consumer demand for healthier food options [1][5] Group 1: Company Expansion - The new location in Georgetown is aimed at enhancing Heal's presence in family-oriented communities with strong household incomes and traffic patterns that align with its health-focused offerings [3] - Heal Wellness currently operates 30 locations and has over 168 more in development, contributing to Happy Belly's portfolio of 656 retail franchise locations across various emerging brands [5][6] Group 2: Business Strategy - The company emphasizes a disciplined site selection and unit economics to support its growth model, allowing for density building in key markets [3] - Heal Wellness is positioned to deepen its market presence in Ontario and other Canadian regions, leveraging its strong brand and scalable format [5]
Happy Belly Food Group's Heal Wellness QSR Announces the Signing of a Franchise Agreement for London, Ontario
Newsfile· 2025-11-13 11:30
Core Insights - Happy Belly Food Group Inc. has announced a franchise agreement for its Heal Wellness brand in London, Ontario, marking a step in its asset-light expansion strategy across Canada [1][3] - Heal Wellness specializes in quick-service offerings such as smoothie bowls and smoothies, targeting health-conscious consumers [1][3] Company Expansion - The London franchise is part of Heal's strategy to establish itself as North America's leading smoothie bowl chain, focusing on organic growth and strong unit economics [3] - Heal currently operates 27 locations and has over 168 in development, contributing to Happy Belly's portfolio of 626 contractually committed retail franchise locations across various stages of development [5] Market Potential - London is identified as an ideal market due to its vibrant neighborhoods, strong daytime traffic, and a large student population from Western University, which has approximately 44,000 students [3] - The franchisee will utilize Happy Belly's proven operational strategies to enhance unit economics and expedite the opening process [3]
Rocky Mountain Chocolate Factory Reports Second Quarter Fiscal 2026 Financial Results
Globenewswire· 2025-10-13 20:05
Core Viewpoint - Rocky Mountain Chocolate Factory, Inc. is undergoing a transformation aimed at modernizing its operations and achieving scalable growth, with early signs of progress being observed [2] Financial Performance - Total revenue for the second quarter of fiscal 2026 increased to $6.8 million, up from $6.4 million in the same quarter last year, driven by pricing actions and a more profitable sales mix [5] - The company reported a gross profit loss of $33,000 in the second quarter of fiscal 2026, compared to a profit of $600,000 in the year-ago quarter, primarily due to higher input costs and operational inefficiencies [5] - Total costs and expenses remained flat at $7.3 million compared to the previous year [5] - The net loss for the second quarter was $0.7 million, or $(0.09) per share, compared to a net loss of $0.7 million, or $(0.11) per share, in the year-ago quarter [5] Operational Initiatives - The company is focusing on strengthening operations and enhancing visibility through new ERP and POS systems, which are expected to facilitate data-driven decisions [2] - A rebranding initiative and new store developments are underway, with two new franchise locations announced in California and New Jersey, and a company-owned location in Camarillo, California [2] - The company plans to introduce a new loyalty program and expand digital capabilities to improve customer engagement for franchisees [2] Company Overview - Rocky Mountain Chocolate Factory, Inc. is a leading franchiser of premium chocolate and confectionery retail stores, operating over 250 locations across the United States and several international locations [7] - The company has been recognized in Entrepreneur's Franchise 500 for 2025 and Franchise Times' Franchise 400 for 2024 [7]
Cold Stone Creamery plans Greater Houston franchise expansion
Yahoo Finance· 2025-10-01 10:40
Core Insights - Cold Stone Creamery is planning to expand its franchise presence in the Greater Houston Area, targeting the opening of 10 new outlets by 2030 [1][3] - The expansion will focus on cities such as Baytown, Humble, Missouri City, Pasadena, Rosenberg, and Tomball, indicating a strategic approach to market penetration in diverse communities [1][3] Company Strategy - The brand leader emphasizes Houston's diverse market, highlighting the strong consumer base that appreciates Cold Stone Creamery's products and services [2] - The expansion is expected to create new job opportunities and contribute to economic growth in Houston, which is characterized as a city full of opportunities for business ownership [3] Franchise Opportunities - Cold Stone Creamery is actively seeking franchise candidates, ranging from first-time operators to multi-unit owners, indicating a broad appeal for potential investors [4] - The initial franchise fee for a traditional Cold Stone Creamery outlet is set at $27,000, which may attract a variety of franchisees [5] Current Operations - Cold Stone Creamery currently operates multiple locations in the Greater Houston area and has a total of 51 outlets across Texas, showcasing its established presence in the state [3]
Happy Belly Food Group's Heal Wellness QSR Announces the Signing of 1st Real-Estate Location in Montreal, Quebec
Newsfile· 2025-10-01 10:00
Core Insights - Happy Belly Food Group Inc. has announced the signing of a real-estate location for its brand Heal Wellness in Montreal, Quebec, with a targeted opening in Q1 2026 [1][3] - Heal Wellness specializes in fresh smoothie bowls, açaí bowls, and smoothies, marking a significant step in its coast-to-coast expansion [1][4] Company Expansion - The new location in Quebec is part of Heal Wellness's strategy to establish a footprint in a key growth market, supported by multiple franchise partners in the region [3][4] - Happy Belly currently has 626 contractually committed retail franchise locations across all its emerging brands, with plans to expand this pipeline significantly in the latter half of 2025 and into 2026 [6] Brand Vision - Heal Wellness aims to become North America's leading smoothie bowl chain, focusing on strong unit economics and scalability [4] - The company has 27 locations already operating and 168 more in development, indicating a robust growth trajectory [4]
Happy Belly Food Group's Heal Wellness QSR Announces the Signing of a Franchise Agreement for Midtown Toronto, Ontario
Newsfile· 2025-09-29 10:00
Core Insights - Happy Belly Food Group Inc. has announced a franchise agreement for Heal Wellness in midtown Toronto, marking a significant step in expanding its brand presence in the quick-service restaurant sector focused on wellness foods [1][3][10] Company Overview - Happy Belly Food Group Inc. is recognized as a leader in acquiring and scaling emerging food brands across Canada [10] - The company currently has 626 contractually committed retail franchise locations across its portfolio, which includes brands in various stages of development [5] Heal Wellness Brand - Heal Wellness specializes in fresh smoothie bowls, açaí bowls, and smoothies, aiming to establish itself as North America's leading smoothie bowl chain [3][7] - The brand emphasizes the use of superfood ingredients in its offerings, catering to health-conscious consumers [7] Growth Strategy - The company plans to drive organic growth and expand its franchise pipeline significantly in the latter half of 2025 and into 2026 [5][3] - Heal Wellness has 27 locations currently operating and 168 more in development, indicating a robust growth trajectory [3]