Auntie Anne's’ Post

If you are in the retail industry, this article would show you how we have helped GoTo Foods, who owns great brands such as Auntie Anne's, Cinnabon, Schlotzsky's Moe's, McAlister's and Carvel, to reduce cost and improve quality of services in their restaurants with Auxis Digital Audit and Brand Protection Services. Check it out!!

We are thrilled to share that GoTo Foods and our GoTo Foods International team were featured in QSR Media for our aggressive expansion and innovation strategies. Ben Coley’s article highlights our ability to scale and grow our brands globally while maintaining strong brand recognition in both new and established markets. The article also showcases how our international team is driven by innovation and adaptation, from creating new, unique store formats and providing virtual support to franchisees to streamlining operations. As David Mikita, President of International and Retail Channels, shares in the article, “For us, international is a story with no limits. No limits on geography. No limits on building our brands in new ways. No limits on innovation. On solutions. On menu development. And ultimately no limits on growth.” Read more about our journey and future plans in QSR Magazine: https://lnkd.in/gwDUtay8 #GoToFoodsInternational #GoToFoods #GlobalExpansion #Innovation #QSRMagazine #InternationalGrowth #BrandRecognition #GlobalGrowth #FranchiseSupport #OperationalExcellence

Great article today in FranchiseMoneyMaker.com by Fred J Kirvan for #restaurant #franchisors considering expanding into new markets. A strategic approach to #supplychain management is crucial for #successful expansion into new markets. This includes careful partner selection, adaptability to local #market conditions, and leveraging #technology to enhance efficiency and resilience. Learn more about expanding your franchise system at www.frangrow.com #restaurants, #franchise #howtofranchise #entrepreneur #expand #marketing #distribution #sales #innovation #privateequity #ifa

How does Forbes 30 Under 30 Toastique CEO Brianna Keefe maintain consistent supply across a growing chain? Click below to learn more about how to combat supply chain issues as we enter 2024! #forbes30under30 #30under30 #toastique #breakfastfranchise #HealthyFranchise #franchiseopportunity

Philippine food giant, Jollibee Foods, has made a significant move in the coffee franchise industry by announcing the acquisition of a 70% stake in Compose Coffee, a major player in South Korean market. This strategic decision is set to reshape the landscape of the coffee industry, with Compose Coffee being the third-largest low-cost coffee brand in South Korea, boasting 1901 franchise stores as of the end of 2022. Before the recent acquisition by Jollibee Foods, Compose Coffee's share structure featured a diverse ownership arrangement. As of the latest data available, the company's ownership was distributed among various stakeholders, with the majority held by the founder and chairman, Yang Jae-seok, who owned 100% of the shares. Established in Busan in 2014, Compose Coffee has positioned itself as a key player in the market by rapidly expanding its store network, leveraging competitive pricing, and even appointing BTS member V as its brand ambassador in 2022. The company's growth has been impressive, reporting a revenue of ₩88.9 billion and an operating profit of ₩36.7 billion last year, marking a 20.5% and 47% increase, respectively, from the previous year. Under the umbrella of its parent company, JM Coffee Group, Compose Coffee has been at the forefront of the competitive coffee industry in South Korea. JM Coffee Group, with its origins dating back to 1999 in Busan, has expanded its business from coffee machine sales to coffee bean production and distribution. Jollibee Foods, a major player in the food industry with a market capitalization of around ₩960 billion ($695 million), has been actively expanding its presence in the coffee sector. By acquiring Compose Coffee for $238 million (approximately ₩330 billion), Jollibee aims to further strengthen its position in the coffee and tea market, expecting a 2% increase in Compose Coffee's revenue and a 34% increase in store numbers following the acquisition. Source: edaily #JollibeeGoesGlobal #CoffeeGiantAcquired #ComposeCoffee #JollibeeCoffee #KoreanCoffeeBrand #KoreanMarket #LowPriceCoffee

What to Expect as 7-Eleven U.S. Makes Japanese-Inspired Changes Japan’s Seven-Eleven is high quality Fresh FoodMeanwhile, its American counterpart is more commonly associated with gas stations; Slurpeehot dogs and pizza. But the world’s largest convenience store chain, with more than 13,000 stores in North America and 83,000 worldwide, plans to introduce a Japanese-inspired menu in the U.S. later this year. Related: Considering owning a […] The post What to Expect as 7-Eleven U.S. Makes Japanese-Inspired Changes appeared first on GallantCEO. Source

I took a dive into some recent results from Culver's. Since 2019, the brand has opened 262 locations and should finish 2024 with just short of 1,000 restaurants. Meanwhile, stores are averaging nearly $3.5 million, which is significantly higher than pre-COVID, when the figure was $2.435 million. That $3.5M performance, going off last year's QSR 50, would trail only Chick-fil-A, Raising Cane's, Shake Shack, Whataburger, and McDonald's among the top 50 grossing quick-serves in America. And Culver's continues to do all of this without straying from its founder-led principles dating back to 1984—food made to order, hospitality first, and a commitment to employee care. Interesting how in this business, while never easy to execute at scale, brands often win by delivering on the ticks of hospitality guests have always cared about, no matter what crazy thing is going on in the world.

#learning and #sharing with the #icecream industry: Always happy to read ice cream success stories: " ...sealing over 40 new franchise location agreements in 2023...This expansion catapults Bruster's Real Ice Cream, eclipsing the 200-location milestone. Bruster’s has excelled with record-breaking AUV’s and positive same-store sales growth for 10 consecutive years, with 124 stores setting all-time sales records in 2023, highlighting its strength in the industry. The numbers speak volumes, painting a portrait of Bruster’s as a formidable player in the industry." https://lnkd.in/e85CJqUX #icecream #food #foodandbeverageindustry #foodinnovation #frozenfood #dessert #desserts #treats #sweets #dairyproducts #foodservice #businessstrategy #businessexpansion #international #foodie #businessstrategy

Nadeem Bajwa began his career with Papa Johns delivering pizzas during college. He now has more than 200 stores with 500 in sight. Talking to franchisees is one of the best parts of this gig. It's one of the clearest sights into why the restaurant industry is what it is: a path to opportunity built on how hard you want to work and much you want to go grab it. Today, Bajwa is navigating the same challenges all operators are. How do you deliver value without compromising? How can you grow amid inflation? It starts and ends with the franchisee-franchisor relationship.

Exploring the Future of Restaurant Franchising in the F&B Industry 🌟 In today's dynamic landscape, the Food & Beverage industry is evolving at an unprecedented pace. Restaurant franchises are at the forefront of this transformation, offering exciting opportunities for growth and innovation. 🚀 🔍 Key Trends Shaping the Industry: Sustainability Focus: Consumers are increasingly seeking eco-friendly options. Franchises that prioritize sustainable sourcing and waste reduction are gaining a competitive edge. ♻️ Tech Integration: From AI-driven analytics to mobile ordering apps, technology is revolutionizing the way we dine. Franchises that leverage tech for efficiency and customer experience are thriving. 📱 Health-Conscious Choices: The demand for nutritious and wholesome menu options is on the rise. Franchises offering diverse, health-focused meals are catering to a growing market of health-conscious consumers. 🥗 Experiential Dining: Beyond food, customers crave memorable dining experiences. Franchises that create unique, immersive experiences are capturing the hearts (and appetites) of consumers. 🍽️ Global Expansion: Franchising offers a scalable model for international growth. Brands with a robust expansion strategy are tapping into new markets and diversifying their portfolios. 🌍 🔗 As we navigate these trends, collaboration and innovation remain key. Whether you're a seasoned franchisor or an aspiring entrepreneur, the future is bright for those willing to adapt and lead. Join the conversation: What trends are you noticing in the F&B industry? How is your franchise adapting to these changes? Share your insights in the comments below! 👇 #RestaurantFranchise #FoodAndBeverage #Sustainability #Innovation #CustomerExperience #GlobalExpansion