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Papa John’s Franchisee Papa ZHS LLC Files Chapter 11, 239 Units Cut from System
Papa ZHS LLC, a Pennsylvania-based Papa John’s franchisee, filed for Chapter 11 bankruptcy protection on November 9, 2026, alongside four affiliated entities. The filing comes as Papa John’s has closed 239 restaurants worldwide so far this year, 146 of them…
American Franchise Act: IFA Says Lame-Duck Congress Has 6 Weeks to Act
Six weeks. That is the window the International Franchise Association and the National Restaurant Association say remains for the lame-duck Congress to pass the American Franchise Act before a newly elected, Democrat-controlled Congress takes office in January 2027. The November…
Pizza Hut Closes $1 Billion Franchise ABS Securitization Under LongRange Capital
LongRange Capital, the private equity group that completed its acquisition of Pizza Hut from Yum! Brands in early November 2026, has closed a $1 billion whole-business securitization backed by Pizza Hut franchise fees and royalty streams. The deal places the…
TGI Fridays Enters Las Vegas With New Franchise Partner LVP Food Service Concepts
TGI Fridays has signed a development agreement with LVP Food Service Concepts, an entity of Las Vegas-based LV Petroleum, to open five restaurants in the Las Vegas market over the next three years. The deal is Fridays' second US domestic…
The Children’s Place Files for Chapter 11 Bankruptcy, Launches Sale Process
The Children's Place, a specialty children's apparel franchise chain founded in 1969 with roughly 500 stores across North America, filed for Chapter 11 bankruptcy on Sunday in the U.S. Bankruptcy Court of New Jersey. Store-closing sales are already underway, bids…
OHG Brands Overhauls Its Leadership Team After Fat Brands Bankruptcy
OHG Brands, the company that emerged from Fat Brands’ bankruptcy with Round Table Pizza, Fazoli’s, and Johnny Rockets under its umbrella, has overhauled its executive team. The new operator, Streetlight Ventures, is led by Anthony Ackil, who built and sold…
Wise Coatings Grows in 17 States Under Premium Service Brands
Epoxy garage floors draw "a lot of demand," according to the franchisor that just bought one of the sector's specialists. Five months after Premium Service Brands bought Wise Coatings, the Florida specialist runs 22 locations across 17 states inside a…
Dutch Bros Q3 2026: Revenue Up 30% as Profit Guidance Cut Sends Stock Down 18%
Dutch Bros reported third-quarter 2026 revenue of $549.8 million, up 30% year over year, and opened 48 new shops in the quarter. The stock fell more than 18% after the company lowered its full-year profit outlook. Executive Chairman and Co-Founder…
Yum! Brands Q3 2026: KFC and Taco Bell Drive Results as Pizza Hut Era Ends
Yum! Brands, the parent company of KFC and Taco Bell, reported third-quarter 2026 revenues of $2.054 billion on November 3, beating analyst estimates and posting adjusted earnings per share of $1.56. The quarter was also the first full period to…
Vibe House Hot Pilates Takes Its Heated Mat Concept Beyond Indiana
Heated, mat-based Pilates is moving out of northwest Indiana. Vibe House Hot Pilates, founded in Crown Point in 2023, opened its franchise offer in January 2026 with a total investment of $297,100 to $466,700. Its first franchised studio, in Mansfield,…
