Award-winning, Texas-based upscale casual brand Russo's New York Pizzeria & Italian Kitchen is set on Franchise Middle East Expansion. Read more on PR Newswire.
We know that smart franchisees and entrepreneurs want to remain current on what’s happening across the pizza industry. If you take your eye off market changes and consumer trends, then you risk falling behind the power curve. That’s why we want to fill you in on what’s popular among pizza enthusiasts right now.(more…)
Are you one of our franchise pizzeria owners or aspiring to become one?
Perhaps you want to make an owner-related New Year’s resolution. It could be the kind that involves doing something even more spectacular with your franchise business in 2023. There are plenty of ways to do so, but here are a few suggestions from your friends at Russo’s New York Pizzeria.
Russo’s New York Pizzeria & Italian Kitchen is expanding internationally with deals in Qatar and London; we spoke to the founder, Anthony Russo, at the International Franchise Show in London.(more…)
Russo’s New York Pizzeria is opening its first pizza franchise location in Qatar at the Printemps Doha. It is a move that is thrilling fans literally the world over who have grown to love the Russo’s brand since the opening of the first UAE location in 2013 and also in Saudi Arabia.(more…)
Most national pizza chains don’t serve premium pizza, especially chains that sell their pizzas for $5.99 each. Do you ever wonder if they are really serving fresh beef or 100% chicken as their toppings on their pizzas? You would be surprised what’s listed on the ingredients package to sell cheap pizzas. You are buying cheap product to match that price point. There’s no way around it. This is why we selected Halal meat products. Like Kosher food, Halal food is guided by religious criteria that govern everything from how the animals destined to be eaten are fed and raised, to how they are slaughtered and prepared for consumption.(more…)
Award-winning, Texas-based upscale casual brand Russo's New York Pizzeria & Italian Kitchen has opened its fourth location in Riyadh, Saudi Arabia on December 19, 2022.. Read More. on Yahoo Finance.
Russo’s New York Pizzeria is continuing to open new locations in the Fort Bend County area. Take a look at this article published by The Fort Bend Star entitled: Nibbles & Sips: Russo’s expanding pizza empire across Fort Bend County
FOR IMMEDIATE RELEASE
Date: October 1, 2021
Contact: Laura Michaels, editor in chief, Franchise Times; firstname.lastname@example.org
Franchise Times Top 400 ranks the industry’s biggest brands Annual ranking shows COVID’s impact on franchising
Top 400 sales fell 13.1 percent in 2020, to $635.9 billion, as some brands thrived and others took a hit in a year of shutdowns, pandemic-related restrictions and radical change. Sales at the 10 largest franchises dropped 2.1 percent as those brands collectively lost nearly $7 billion. Among restaurants, the performance of Jersey Mike’s stands out, with CEO Peter Cancro among four exclusive featured interviews. The online database launches today, listing all 400 brands by worldwide sales.
MINNEAPOLIS—Combined annual sales at the 400 largest U.S.-based franchisors declined by more than $96 billion or 13.1 percent last year, to $635.9 billion, according to the newly released Franchise Times Top 400, an exclusive ranking of the 400 largest franchises.
The 10 largest franchised brands lost $6.9 billion in sales in 2020, a 2.1 percent decrease compared to that cohort’s 6.7 percent sales growth the prior year. The top 10 now account for more than $323 billion in annual sales.
Previously the Top 200+, Franchise Times renamed its annual ranking of the 400 largest U.S.- based franchise systems by global systemwide sales to better encompass the biggest brands in franchising, along with promising young concepts in growth mode. The rigorous approach to research remains the same, said Franchise Times Editor in Chief Laura Michaels. The project is the result of a five-month research and reporting effort that leads to the most credible and objective franchise ranking available.
The collection of systemwide sales data also provides useful insight into the franchise industry’s performance during the COVID-19 pandemic.
“While overall growth took a 13.1 percent hit in 2020, sales increases at major brands such as No. 2 7-Eleven and Ace Hardware, which grew to $91.8 billion and $20.6 billion, respectively, illustrate notable shifts in consumer spending,” said Michaels. “The retail category as a whole grew 7.4 percent, to more than $140 billion. In restaurants, however, overall sales declined 5.1 percent, with only pizza delivery, better burgers and chicken as the growth segments.”
“McDonald’s managed to retain the No. 1 overall position despite systemwide sales falling 6.8 percent to $93.3 billion,” continued Michaels. “KFC held onto the No. 3 spot even as its sales fell 5.8 percent, a contrast to Chick-fil-A’s gain of 11.2 percent to move up to No. 8.”
Burger King fell to No. 5, supplanted by No. 4 Ace’s performance and its own sales decline of $2.8 billion. No. 9 Subway and No. 10 Pizza Hut saw steep declines of 14.9 percent and 7.3 percent, respectively.
Among the four exclusive CEO interviews included in this year’s ranking, Jersey Mike’s CEO Peter Cancro shares how he powered through the pandemic and even completed a top-to-bottom
brand update that helped fuel a 25-spot jump on the Top 400. Executives from Jack in the Box, United Real Estate and College HUNKS Hauling Junk also share how they’ve accelerated sales.
Franchise Times Fastest-Growing Industry Sectors
1. Real Estate +18.5%
2. Health & Medical +9.2% 3. Retail +7.4%
4. Home Services +5.6%
5. Printing & Shipping +5.1%
Franchise Times Top 10 Franchises by Worldwide Sales
*Franchise Times estimate
Franchise Times Top 10 Fastest Growers by Sales Percentage
Franchise Times Top 10 Fastest Growers by Unit Percentage
9. Brightway Insurance: 15.9% 10. Jan-Pro: 15.6%
ABOUT THE FRANCHISE TIMES TOP 400
The Franchise Times Top 400 is the only ranking by systemwide sales and units of the largest 400 U.S.-based franchise brands. Published in the October issue and available in a searchable database online, the Franchise Times Top 400 also analyzes industry sectors based on percentage change in sales growth, reports the 10 fastest-growing franchises by four different measures, and includes exclusive news stories about the biggest names in franchising. The rankings and full report, and the searchable online database, are available at www.franchisetimes.com/top-400- 2021.
Houston Multi-Unit Operator Signs Multi-Unit Agreement
Russo’s New York Pizzeria & Italian Kitchen signs multi-unit deal with new franchise owners, Randall & Ayesha McCoy. The McCoy family has signed for a five store development deal for the Houston market. Randall McCoy was extremely excited to join the Russo’s family, with history dating back to helping Anthony Russo at his first pizzeria in 1985. Today, even during the midst of a pandemic, he and his family have seen their dreams come true.
Randall McCoy states, “I remember grating mozzarella cheese, making fresh pizza dough, and leaving the restaurant covered in flour. So when I sat down to visit a Russo’s after many years, the aromas of the pizza and pasta immediately took me back to those days. I could tell right away, Russo’s was (and still is) all about quality ingredients.”
With the announcement that the McCoy family has signed for this five store development deal, Anthony Russo states, “We are incredibly excited to have the McCoy family join us. It’s never been a better time for Russo’s New York Pizzeria & Italian Kitchen, as we have seen our sales thrive even in the midst of a global pandemic”.
The McCoy family has plans to develop smaller units from 1500-1800 square feet featuring a full menu offering the freshest ingredients sourced directly from dairy farmers, tomato growers, and olive oil producers. All those fine, natural ingredients are used in all of Russo’s kitchens each day to prepare homemade sauces, salad dressings, pizza dough, fresh pasta, and much more. Classic Italian menu items include: Truffle Tortelloni, Pappardelle Carbonara, Russo’s Lasagna, Baked Ziti, Chicken Parmesan, Tuscan Vegan Pizza, Fettuccine Alfredo, Spicy Fennel Sausage Pizza, and much more.
Russo states, “Our locations are successfully designed to serve guests through dine in, home delivery, catering, takeout and curbside pick up. Our new 1500-1800 is designed for our franchisees to capitalize on the growing home delivery segment”. Russo states, “This means that this is the best time for you to start your own pizza franchise. Pizza not only is surviving, it is thriving”.
Russo’s corporate support team is strong and collaborative with a franchisee-friendly corporate culture and is ready for expansion. What separates Russo’s from the rest of the pizza industry is not only a great support team ready to tackle it all, but also the unique family recipes and fresh ingredients. With no additives or preservatives, Russo’s New York Pizzeria & Italian Kitchen creates dishes from ingredients that are safe and reliable from trusted brands. Chef Russo adds, “Our mission statement is: ‘If it isn’t fresh, don’t serve it.’ That is the Russo family promise.” The average store investment ranges from $350,000-$895,000. Qualified candidates must have at least $200,000 in liquid capital. To learn more about Russo’s menu, lunch specials, delivery, takeout, catering, or to order online, please visit www.nypizzeria.com