Interesting article by attorney Mario Herman. His website appears to the right.
"Such statutes may override some provisions contained in franchise agreements regarding termination and non-renewal, by providing that franchisors must give certain "notice" periods and must have "good cause" for terminating and/or not renewing a franchise agreement."
USA Today says: "If the new look proves to be a hit, it could redefine America's biggest restaurant chain and nudge competitors at all ends of the spectrum to find some way to respond.
If consumers don't buy in, however, it could become McDonald's $1 billion folly."
Somebody check my math - but at over a million $ per location that's more like a potential $15 or $20 Billion folly. Pretty soon we're talking about real franchisee money!
Update - A reader has pointed out there will be several thousand U.S. locations that will not be candidates for a remodel or rebuild but one billion is still a very, very low number.
On April 21 Taco Bell Franchise Management Advisory Council (Franmac) President Tom Cook sent a letter to franchisees airing a list of 14 grievances Franmac has with Taco Bell, encouraging franchisees to participate in a Taco Bell Town Hall call. It included the desire to launch an agency review, a complaint about the handling of the infamous Taco Bell beef lawsuit and a point expressing discontent over the fast feeder's "value messaging."