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AUSTRALIA FRANCHISE NEWS ARCHIVE

 
: : Jul-Dec 2000

Freedom's new MD looking outside the square. Working in a fast food chain may not, at first glance, seem the ideal background for managing a national network of furniture stores. .... 26 Dec, 2000
Now comes the tricky bit: closing Colonial branches. Commonwealth Bank of Australia is facing the most challenging leg of its integration of the recently acquired Colonial operation next month as it begins the task of culling 250 branches without losing customers. .... 7 Dec, 2000
Harvey wants to see the world. Even as Harvey Norman shares take a hit as the retailer heads into an uncertain domestic trading environment, it is hatching a grand plan to become larger outside Australian than it is within - and possibly make its top employees millionaires. .... 27 Nov, 2000
Fast food fight gets ferocious. A Mexican-style hamburger and diet pizza may sound like the trappings of a gastronomic wasteland, but for the chains behind these much-hyped products they are the latest weapons in Australia's $6.5 billion fast food wars. .... 23 Nov, 2000
Freedom confident despite profit dip. Furniture retailer Freedom Group expects a significant improvement in profits this year after extensive restructuring drove its latest annual profit down 76.5 per cent. .... 22 Nov, 2000
Harvey goes for growth. Harvey Norman is to expand its retail operation into the London market as it seeks to maintain a strong rate of growth through diversification of its business. .... 22 Nov, 2000
TV and Pizza Hut a WINning team. A three-month 't-commerce' trial between WIN Television and Pizza Hut has turned TV sets into electronic fast food outlets in the NSW town of Orange. .... 7 Nov, 2000
Retailers begin to feel the pinch. Signs of a slowdown in consumer spending are emerging in parts of the retail sector. Software company Reckon and retail star Harvey Norman are high-profile listed companies that have warned of weakness in some categories. .... 23 Oct, 2000
Norman notches up two-day fall of 16pc. Harvey Norman shares fell another 50 yesterday amid concerns the retailer's stellar growth run may be curbed by weaker sales in some areas of its business and by margin pressures. .... 20 Oct, 2000
Harvey down 5pc after warning of slump. Shares in Harvey Norman fell nearly 5 per cent yesterday after the retailer fuelled investors' fears about a slowdown in parts of the sector, warning that its strong first-quarter sales masked a slump in furniture, bedding and hardware. .... 19 Oct, 2000
Real estate manoeuvres: Ray White poised to take control of rival. Real estate agents Ray White is expected to take up to a 50 per cent equity stake in Realestate-.com.au this week, undermining RP Data's grab for the online property group. .... 11 Oct, 2000
Retail spending bounces back after the GST pause. Retail sales bounced back strongly in August from a GST-induced consumer spending pause, providing further evidence that the economy continues to grow strongly. .... 4 Oct, 2000
Harvey Norman's GST - Great Sales Turnover. A surprisingly strong run of pre-GST sales in the shadow of Harvey Norman's financial year tipped the retailer's net profit towards the top end of market expectations and drove it to another record. .... 14 Sep, 2000
Ray White sued in Olympic fracas. A Melbourne-based accommodation booking service is suing real estate giant Ray White, claiming more than $1.2 million in damages and lost business over its Olympic accommodation program. .... 5 Sep, 2000
Burger price war turns sacrilegious. A price war in the fast food industry has turned nasty with Burger King launching a direct attack on McDonald's favourite clown, Ronald McDonald. .... 31 Aug, 2000
Family Affairs. Harvey Norman shares remain within reach of record highs despite concerted selling by members of the family that founded the company. .... 18 Aug, 2000

INTEREST - dstore's about turn to bricks and mortar. Online department store dstore is set to do the unthinkable for a dot com and acquire or roll out a national network of bricks and mortar stores. .... 16 Aug, 2000
Popeyes Chicken and Biscuits Signs Agreement to Develop 35 Restaurants in Australia. Under the terms of the agreement local franchise partner Group Song Enterprises will construct 35 restaurants throughout the city of Sydney. The first restaurant is scheduled to open December 2000, with five more to open by late 2001. .... 8 Aug, 2000
INTEREST - Local e-tailers close gap on US counterparts. Australia's leading e-tailers surged ahead in sales volumes last month, recording up to triple-digit growth and closing the gap on their US counterparts. .... 8 Aug, 2000
Utilities on Harvey Norman's expanding shopping list. Harvey Norman Ltd is considering selling electricity and gas among other new products and services. It is part of a strategy to position itself as a one-stop shop for home owners. .... 7 Aug, 2000
INTEREST - Kiosk concept back on the shelf. The supermarket banking experiment has proved positive for the retailers, less so for their banks. .... 2 Aug, 2000
Flying on the internet. For retailers who fear that the makers of goods or services could use the tools of e-commerce to cut them out by selling direct to their customers, welcome to your nightmare. .... 2 Aug, 2000
Harvey Norman to buy Vox stores. Harvey Norman has agreed to buy 22 stores from the embattled Vox electrical goods chain, effectively delivering the retailer in one hit its annual target for opening new stores. .... 26 Jul, 2000
Retailers enjoy June Christmas. The frenzy of pre-GST buying pushed the turnover in Australia's shopping malls and, in particular, its department stores, to "an all-time high" in June, according to the latest Byvan AFR Retail Sales Index. .... 26 Jul, 2000
LLR centres to offer e-commerce. Lend Lease Retail, the manager of shopping centres like Melbourne Central and Bankstown Square, is about to launch an e-commerce strategy for each centre that aims to back the physical assets with a targeted online presence. .... 25 Jul, 2000
Harvey rejoices in bumper June sales. A pre-GST spending rush in June gave Harvey Norman its best-ever increase in sales for a single month as the retailer heads into the most aggressive expansion drive in its history. .... 22 Jul, 2000
Shops fail to make cents of the GST. The introduction of a goods and services tax has savaged retailers' sales in July and doubts are emerging whether the damage can be recovered during the remainder of 2000. .... 21 Jul, 2000
e-tailers must make a special delivery. The bug-eyed husband ushered Jeremy, the personable Shopfast.com delivery man, into the kitchen where his wife was waiting for her weekly groceries. .... 14 Jul, 2000
Freedom calls in e-business experts. Furniture and homewares retailer Freedom Group Ltd has commissioned boutique online consultants First Light Interactive to develop a comprehensive e-business strategy. .... 10 Jul, 2000
What did you buy at work today? The Australian online retail industry is growing at an astonishing rate as shoppers boost their average level of spending and increasingly make repeat purchases of their favourite products. .... 8 Jul, 2000
Harvey feeds funds' appetite for retailer. Harvey Norman shares bounded to another in a series of all-time highs yesterday as investors ignored news of further share sales by founder and executive chairman Mr Gerry Harvey, which have raised $60 million since late April. .... 6 Jul, 2000
Changing price tags a $400m exercise.
Retailers across the country have just experienced one of their busiest nights - and not a single item was sold. .... 1 Jul, 2000
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