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Franchising

Why ghost kitchens aren’t dead for some brands

Ghost kitchens have not completely left the stage. Pressed Juicery and Chick-fil-A have recently partnered with CloudKitchens, with the former using this to expand its consumer packaged goods business and the latter supplementing service coverage in high-delivery-demand areas. Executives from both brands stated that this model can still generate profits under specific market conditions and helps reduce store opening costs while improving fulfillment efficiency.

Franchising
Bonchon’s American division sold to PE firm

Bonchon, a Korean fried chicken chain with 500 units worldwide, is being acquired by Minor Food and Serruya Private Equity. Minor Food will take over assets outside the Americas, while Serruya will drive U.S. expansion and enter new markets. The transaction is slated to close by end of August, amid a wave of restaurant M&A activity.

Franchising

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