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AUSTRALIA FRANCHISE NEWS ARCHIVE

 
: : Nov/Dec 1999

Retailers hit by import shake-up. Retailers of branded and luxury goods are bracing for an assault on their lucrative market from the major chains as the doors are thrown open to import competition in the new year. .... 29 Dec, 1999
Christmas tills are jingling. Later tonight retailers will ring up their final sales in perhaps the strongest Christmas trading period this decade. Already the signs are overwhelming: Southcorp is running short of bubbly, Harvey Norman's sales for December are up at least 15 per cent and Gowings just can't sell any more. .... 24 Dec, 1999
Retailers are having a very merry Christmas. Retailers are having a very merry Christmas By Simon Evans Australian shoppers are loosening their purse strings with vigour in the lead-up to Christmas and the New Year, and total sales in December will easily outstrip the $11.7 billion spent in the same month last year. .... 20 Dec, 1999
Steak-out as Koreans get the flavour for Australia. The Korean economy is booming, the mobile phones are ringing and the restaurants are full a good time for a new venture in Seoul, specialising in steaks, to open. It's called "Wagga", an apparently well recognised Australian locality associated with quality cattle. .... 18 Dec, 1999
Aussie Home Loans boss John Symonds reckons he's a very lucky man. He decided to get into the mortgage origination game early - back in 1992, when the banks were making fat profits on their home lending and the industry was ripe for a shake-out. .... 15 Dec, 1999
Mr Brett Blundy, the managing director of Brazin, which operates the Sanity music chain and Bras 'n Things lingerie chain, has paid $1 million for a 50 per cent stake in eTrend, the owner of online gift voucher provider, evoucher.com.au. .... 15 Dec, 1999
Scratch the surface of retail fashion chains and ask who is really making the money and the answer comes back: the big shopping centre landlords. .... 15 Dec, 1999
Harvey World Travel expects to list on the Australian Stock Exchange later this week, after yesterday closing its $18.6 million share offer oversubscribed. .... 14 Dec, 1999
When Harvey Norman launches its second attempt at internet retailing this week, it will do so through an autonomous franchise that is accountable for its own profit and loss. .... 14 Dec, 1999
Mr Marc Besen's Sussan Corporation aims to breathe new life into the Sportsgirl chain of 104 stores after acquiring the business yesterday, leaving three smaller arms of the failed fashion icon still on the market. .... 14 Dec, 1999
Retailers large and small have enjoyed a strong start to the festive season, putting the industry on track to ring up a record Christmas take. .... 10 Dec, 1999
Sizzler International Inc, an operator and franchisor of about 350 restaurants, has entered into contracts to sell 49 of its Sizzler and KFC restaurants in Australia. .... 3 Dec, 1999
A director of Harvey World Travel, Mr Tim Dodds, told the Supreme Court insolvency examination yesterday that he could not understand how one of its high-profile, CBD-based corporate travel franchisees, Potter World Travel, went from making an $80,000 profit to losing more than $100,000 in the space of six months in 1997. .... 3 Dec, 1999
Retailer Harvey Norman Holdings Ltd yesterday flagged further expansion in Asia and a possible foray into Europe after posting 17.6 per cent sales growth in the first four months of 1999-2000. .... 24 Nov, 1999

Harvey Norman's sales increased a robust 17.6 per cent in the first four months of 1999-2000 but with warmer weather the result could have been even better .... 24 Nov, 1999
The nation's biggest franchised travel agency, Harvey World Travel, wants to reinvigorate its network and beef up its Internet presence with some of the proceeds from its $18 million float launched yesterday. .... 19 Nov, 1999
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