What determines whether a business is franchised or run by an operating company? I thought there was a correlation between unique SKU count and operator status, then I found out the French grocery business is heavily franchised. Economist friends: what gives?
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There has been a play in the last decade where some private equity company buys some out of favor crappy chain. Then, they massively expand into new locations; and then try to spin it public before the five-year numbers get too bad.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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