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Focus Brands Rebrands to GoTo Foods
Focus Brands rebrands as GoTo Foods, revealing interconnected restaurant platform to enhance franchisee and consumer experiences.
Estimated read time: 3 minutes and 49 seconds
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Focus Brands Rebrands to GoTo Foods
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FOCUS ON THE REBRAND
Focus Brands Rebrands to GoTo Foods (Read More)
GoTo Foods, formerly known as Focus Brands
Focus Brands transforms into GoTo Foods, integrating seven iconic brands under a unified restaurant platform. The brands include Auntie Anne’s, Carvel, Cinnabon, Jamba, McAlister’s, Moe’s, and Schlotzsky’s.
BRAND EVOLUTION: CEO Jim Holthouser unveils rebranding at Las Vegas conference with franchisees. The new name signifies consolidation and future growth opportunities.
FAMILY IDENTITY: "GoTo Foods" represents collective branding for all seven chains. Gift cards and catering services to be marketed under new name.
UNIFIED PLATFORM: Shift from siloed brands to shared systems for enhanced efficiency. Centralized strategies drive business growth, marketing initiatives, and customer engagement.
STRATEGIC GROWTH: Enhanced digital capabilities lead to increased sales and loyalty program success. Investments in technology, marketing, loyalty, and supply chain optimization.
ACHIEVEMENTS: Systemwide sales over $4.2 billion since 2020. Strong revenue growth, loyalty program success, and supply chain enhancements.
GLOBAL EXPANSION: Franchise agreements signed, restaurants opened, and new loyalty members gained. Over 2,000 locations internationally, with a pipeline for further growth.
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NET LEASE NUGGIES
Walmart Earnings Surpass Expectations Walmart reported robust Q4 results driven by strong e-commerce sales, increased dividend rate, and strategic acquisitions. Net income came in at $5.49 billion, exceeding estimates. Total revenue rose to $173.39 billion, with Walmart U.S. same-store sales up 4%. The global retail giant remains focused on growth, with plans for store expansion and investment in its workforce. (Read More)
Little Caesars' PODs program boosts growth. The pizza chain introduced PODs, modular units that accelerate expansion, with the first one in Keokuk, Iowa. Franchisees can open units faster in smaller spaces with off-site construction. The innovative concept attracts interest for speed-to-market, cost efficiency, and standout designs. Little Caesars anticipates significant benefits with potential tax advantages and energy savings, aiming for rapid nationwide growth through this program. (Read More)
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VISUAL OF THE DAY
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