Revscale Media (illustration)Dine Brands Grows Revenue by Buying Its Franchisees' Restaurants
Third-quarter revenue rose 15% to $248.9 million, but franchise revenue slipped and Applebee's and IHOP closed more restaurants than they opened.
HomeSmart's merger with NorthGroup Real Estate brings nearly 2,000 agents into its network and extends the low-cost brokerage franchise deeper into the Southeast.

HomeSmart International has merged with NorthGroup Real Estate, absorbing nearly 2,000 agents into its national network and pushing the brokerage's agent count past 27,000. The deal deepens HomeSmart's footprint across North Carolina, South Carolina, Georgia and Florida, four states where its 100%-commission model is drawing agents away from traditional split-commission brokerages. NorthGroup will keep operating under its own name and local leadership.
HomeSmart doesn't add territory the way a typical service franchise does. It grows by recruiting brokerages and individual agents into a national referral network built on flat fees instead of commission splits, so a merger like this adds scale without opening a single new storefront. For franchisors watching agent attrition at legacy brands, it is a reminder that real estate consolidation increasingly runs through agent-count acquisitions, not office openings.
NorthGroup founder Scott Wilkinson keeps running his business exactly as before while plugging into HomeSmart's referral network and back-office resources, and NorthGroup's agents get a national platform without changing how they get paid. That structure, business as usual for agents, scale for the parent brand, has become the template real estate franchisors use to grow fast in a market where independent brokerages increasingly trade autonomy for infrastructure.
Revscale Media (illustration)Third-quarter revenue rose 15% to $248.9 million, but franchise revenue slipped and Applebee's and IHOP closed more restaurants than they opened.
Revscale Media (illustration)A federal judge barred the former owners of two Tampa Rumble studios, and their new gym, Temper, from competing within 10 miles for two years.
Cheba HutWGT Concepts, whose first Oklahoma City shop became one of the sub chain's top performers, signed an eight-unit deal reaching into Tulsa in 2027.
Revscale Media (illustration)A Georgia franchisee connected his phone and text system to ChatGPT to turn every shift's messages into a to-do list. It shows what owners build when corporate tools lag.
Revscale Media (illustration)An independent committee said $7.35 a share substantially undervalues the chain. The new rights plan triggers at 15%, and the Trian-led group already holds 16.3%.
Papa JohnsWith North American comps down 8.3% again, 98.5% of the system backed moving ad dollars from national to local, and Papa Johns is cutting fees to help pay for it.