While 2024 saw more stability in the financial markets than 2023, many challenges arose in 2024 for franchised businesses, manufacturers and retail chains, including bankruptcies of many large restaurant and retail chains, leadership changes, increases in food costs, labor shortages, regulatory changes, disparate buying-power among customers and shifting consumer behaviors. We expect 2025 to welcome a stronger economy and more M&A activity in the retail and franchise space but expect many of these trends to continue.
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