Focus Brands reports record 2022 system-wide sales

Louise Matthews

The global meals and beverage franchise group, which opened more than 400 stores throughout its 7 foodservice models final year, suggests co-branded outlets, bringing its source chain in-home and technological innovation innovation will be key to its progress tactic

Target Brands opened far more than 400 suppliers throughout its model portfolio throughout the last 12 months | Picture credit: Cinnabon


 

Atlanta-based franchise group Emphasis Manufacturers has credited improved synergies among its foodstuff and beverage makes for driving history group product sales in 2022. 
&#13
 

The organization, which operates the Auntie Anne’s, Carvel, Cinnabon, Jamba, McAlister’s Deli, Moe’s Southwest Grill and Schlotzsky’s brands, realized system-large revenue exceeding £3.9bn in 2022. 

&#13
Concentration Brands explained transitioning to a ‘platform company’ had strongly contributed to its growth, building efficiencies and enabling much better sharing methods throughout its manufacturers. 

&#13
In January 2023 the global franchise group introduced agreements to open additional than 50 twin and tri-brand suppliers – single retailers comprising many brand names – this yr alone.  

&#13
By integrating multiple brand names into a one retail space, Aim Brands claimed it would be equipped to fulfill customer need in ‘new and ground breaking ways’ even though providing franchisees the prospect to ‘increase common volume and bottom-line profitability’. 

&#13
The franchise team at present operates additional than 1,100 co-situated or co-branded units globally. 

&#13
Focus Makes also announced opening more than 400 suppliers throughout its manufacturer portfolio throughout the previous 12 months and signing a further more 650 franchise agreements. 

&#13
The organization disclosed 4.1 million new loyalty users ended up extra throughout its portfolio globally in 2022. Emphasis Models has set a target to have its electronic and loyalty profits collectively comprise 50{ead4cb8c77dfcbdb67aba0af1ff8dfae0017fcc07a16fe7b51058939ac12c72a} of the small business within the following 5 yrs. 

&#13
“Our makes have so significantly runway in equally the US and around the planet. In the US, numerous of our models are continue to incredibly regional and have the chance to extend outside of their main spots with the backing of the Emphasis Makes portfolio. Internationally, our brand names have 1,900-as well as destinations and we are tough at do the job increasing our makes in these markets. The essential to our expansion technique will be synergies across our portfolio, bringing supply chain in-residence, weighty investments in technology innovations, and progress by using M&A as we develop with principles that enhance our present brand names and permit us to carry on to improve in new markets,” mentioned Jim Holthouser, CEO, Concentrate Manufacturers. 
&#13
 

Concentrate Models operates more than 6,600 places to eat, cafés, ice cream retailers and bakeries globally. The firm also operates the Seattle’s Most effective Espresso manufacturer on particular worldwide US military services bases.

Next Post

New Research Explains Why You Can't Stop Eating Chips, Ice Cream

Foodstuff like chips, cake, crackers, and bacon can boost hunger by combining salt, unwanted fat, and sugar.  Called hyper-palatable food items, they can drive us to overeat, probably producing excess weight attain.  Researchers are continue to making an attempt to fully grasp how they function, and how we can make […]
New Research Explains Why You Can’t Stop Eating Chips, Ice Cream

You May Like