franchisees
Coverage of franchisees in the Nexus archive.
- McDonald’s CEO turns to a trusted lieutenant with a turnaround record to revive its biggest market
McDonald’s appointed Skye Anderson as president of its U.S. business to address sluggish sales growth, which fell below expectations in Q2 despite price-reduction strategies. CEO Chris Kempczinski acknowledged execution errors, including overwhelming new product launches and unclear marketing, but maintained the strategy remains sound.
- Family of former Vodafone manager found drowned call for ‘Adrian’s law’ to protect franchisees
Adrian Howe's family is advocating for a new franchising law after he was found drowned days before his Vodafone franchise opened. Vodafone recently settled a legal claim with 62 former franchisees over alleged financial exploitation.
- Domino’s Brazil Goes 100% Franchised as High Rates Bite
Domino’s Brazil has transitioned to a fully franchised model by transferring its last 22 company-owned restaurants to franchisees. This shift is driven by the high Selic benchmark rate of 14.25%, a near two-decade high, which makes owning stores costly due to capital expenses.