As per my knowledge the stores belong to the franchise partner. So, if the agreement ends or terminated the brand owner doesn’t get access to the stores. I can recall that when Monginis had issues with their franchise partner Switz Foods in West Bengal, the agreement got terminated and Switz Foods converted all the shop into a new brand Mio Amore. As part of the resolution Monginis also was not allowed to reenter the market for a period of 3 years… So, its not that the franchise partners have no power. Also, no need to think that Jubilant can’t stand against the might of the Domino’s international. Jubilant is a powerful group in India and Indian regulation always favors local companies… remember how Lay’s lost its potatoes?
Subscribe To Our Free Newsletter |