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Stock impact report

Sonny's BBQ returns to franchised growth [Yahoo! Finance]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
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Company Research Source: Yahoo! Finance
When George McAllan joined Sonny's BBQ as chief growth officer a year ago, the full-service chain hadn't added a new franchisee in about eight years. But that is about to change. Over the past year, the company developed processes for franchisees and added mapping software and other technology to make sure its IT platforms are up to speed. The chain has been working on franchisee profitability to ensure that once new units open, they make money. It also put processes in place for training workers and preparing for grand openings. “We spent a lot of work over the last year getting those pieces in place so that we're in a spot where we believe we're starting to be able to talk to new people that are interested in joining the brand,” McAllan said. The chain was established in 1968 by Sonny Tillman and his wife Lucille with a location in Gainesville, Florida. They sold the company in 1990 to Bob Yarmuth, who originally bought his first Sonny's BBQ in 1980. The chain had 140 units a Show less Read more
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