Check out the hottest franchising headlines from the past week.
U.S. Franchise Jobs Bounce Back in June
As of this June, U.S. franchise job growth has rebounded after a 14-month low, according to the ADP National Franchise Report. U.S. "private sector franchise jobs increased by 28,800 or 0.3 percent month over month," according to CNBC. This increase has brought the franchise industry back to a level exceeding the 12-month average of job gains.
Obama Calls for Change in Overtime Pay Law
This week President Obama proposed a change to the nation’s overtime pay law that could affect over 5 million U.S. workers. The change would dramatically expand the number of people who qualify for increased pay after working more than 40 hours a week. The proposed rule would raise the threshold for overtime pay from a salary of $23,660 to $50,440.
(From NBC News)
Buy a Burger, Give a Burger at TGI Fridays
Casual dining chain TGI Fridays has launched a new promotion allowing fans who have made a purchase at one of their restaurants share a free burger with fellow social media network users. The new “Jump Burger: Buy One, Give One” promotion is designed to engage fans both inside the restaurant and beyond. Fans need to enter their receipt-printed password into the brand’s microsite to receive a redemption code to share with friends.
(From Nation’s Restaurant News)
Just When You Thought it was Safe to go back in the Water
Cold Stone Creamery has announced a partnership with Discovery Channel to celebrate Shark Week for the third year in a row. The brand has announced two new Shark Week-themed menu items that will be available until July 14, 2015, for Shark week enthusiast to enjoy—The Shark Week Frenzy Creation and The Great Blue Cupcake. In conjunction with the Shark Week promotion, Cold Stone will be holding a contest through which one lucky customer will win a trip for four to the Atlantis Paradise Island Resort in the Bahamas.
(From QSR Magazine)
Bruegger’s Bagels, Jamba Juice to Open 9 Co-Branded Stores
Beginning this September, Bruegger’s Bagels and Jamba Juice will begin their partnership in creating nine co-branded stores in the Midwest, East Coast and New England. Customers at these new locations will be able to enjoy Brugger’s Bagels' fresh-baked bagels and other menu items alongside fresh-squeezed juices, signature smoothies and more from Jamba Juice.