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This Week In Franchise News: 3/26/2021

PPP updates, trouble in the Suez Canal, the last Blockbuster franchise and more.

This week in franchise news...

The PPP Extension Act: What it Means for Small Businesses

The program, which provides forgivable loans to small businesses affected by the COVID-19 pandemic, has been extended by two months due to nearly 200,000 applications still pending.

The Suez Canal Blockage Costs $400 Million An Hour: Here's How It Will Impact Business Worldwide

The Ever Given incident has blocked one of the world's busiest trade routes, showing us just how fragile the global shipping industry is.

Krispy Kreme Offers Free Doughnuts for a Year to Encourage Customer Vaccination

Businesses across several industries are finding creative incentives to boost vaccination rates and bring the economy one step closer to normalcy.

The Real Reason Blockbuster Failed. Hint: It’s Not Netflix

A new documentary, The Last Blockbuster, details how the video rental franchise went from 9,000 brick-and-mortar stores to just one.