BP’s ampm convenience store business has landed on Entrepreneur magazine’s 2010 list of Top 10 franchises. The 10th place ranking represents a jump from 2009 when ampm came in 35th on the magazine’s Franchise 500 list. The BP convenience store brand also rose in the magazine’s rankings of fastest-growing franchises. Entrepreneur ranked ampm 14th on…
7-Eleven Continues Reinventing Convenience
7-Eleven Inc., the world’s largest operator, franchisor and licensor of convenience stores, was named Chain of the Year in 2005. The stores got their iconic name in the 1940s because they were open from 7 a.m. until 11 p.m., which was considered extended hours in those days. By the ‘60s, lifestyles were changing, and consumers…
Competition Heats Up for Coffee
Did You Know? Data released by the National Coffee Association shows the market penetration for coffee has surpassed that of soft drinks, reversing a 20-year pattern. Fifty-seven percent of American adults drink coffee daily versus 51% for soft drinks. Coffee drinking among 18-24 year-olds also jumped 6%, the fourth year in a row for such…
Tedeschi store heats up deli sales with Autofry
Tedeschi store heats up deli sales with Autofry While Tariq Mehmood’s Tedeschi Food Shop in Hyde Park, MA, doesn’t offer gas, the bulk of his franchise’s sales volume flows from its TD’s Deli. With a roller grill, grill and full-service deli, Mehmood holds his own against some considerable foodservice competitors in the area. But it…
Hot Stuff Foods
Hot Stuff Foods unveils a new format, name, look and incentive for its SmashHits Deli program. Formerly known as Smash Hit Subs, the new SmashHits Deli has an expanded menu including sub sandwiches, wraps, soups, salads, fresh baked cookies and Italian ciabatta bread sandwiches and the new Phat Burrito. A removal of franchise fees for…