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 AUSTRALIA
FRANCHISE NEWS ARCHIVE
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: : Jul-Dec 2001
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Franchisees to oppose Traveland move. Traveland franchisees
are expected to oppose the recommendation by administrators to liquidate
the company at a meeting of creditors today. .... [more]
21/12/01
Freedom's just another word for Capt'n Snooze. Furniture
retailer Freedom Group has made its first expansive move under a new
five-year growth plan through the acquisition of the 73-store bedding
chain Capt'n Snooze. .... [more]
30/11/01
Harvey Norman $2.75 share issue seeks $100m. Harvey
Norman has launched a rights issues to raise more than $100 million
to trim corporate debt and support the company's continued expansion,
whether by opening new stores or by acquisition. .... [more]
13/11/01
Curbed Freedom bent on growth. Freedom Group is still
hungry for acquisitions or organic growth, despite continuing rocky
trading conditions. .... [more]
23/8/01
Harvey Norman warns on July-September sales. Harvey
Norman Holdings Ltd chairman Gerry Harvey has admitted the retailer's
sales for July to September were "not great". .... 17/8/01
Capt'n Snooze jolted from dream. Capt'n Snooze revealed
yesterday that it had abandoned a planned merger with Dream Haven
Bedding and Furniture, blaming choppy market conditions for the failed
takeover bid. .... [more]
14/8/01
Capt'n Snooze gets the best of a complex deal. Corporate
bedfellows Capt'n Snooze and Dream Haven Furniture and Bedding expect
their planned merger to generate nearly $5 million in after-tax profit
in the 2003 financial year. .... [more]
9/8/01
Harvey's Rebels have a cause. Harvey Norman has moved
quickly to remodel the Rebel group of sports goods supermarkets announcing
plans to open six further outlets. .... 6/8/01
Geek game craze calls time on rivals. Move over TimeZone,
the cyber games cafe is here and fragging its way across the city.
.... [more]
4/8/01
Aquilina under fire as teachers decry Big Mac invasion. Teachers
have condemned the Education Minister, Mr Aquilina, for allowing the
fast food chain McDonald's access into schools with free meals, vouchers
and fundraising incentives for parents. .... [more]
2/8/01
Calls for consumers to boycott fast food outlets. Tasmanian
potato growers are urging people to boycott fast food giants McDonalds,
KFC and Hungry Jacks. The call comes after growers formed a blockade
outside McCain Foods at Smithon, in north-west Tasmania yesterday.
.... [more]
2/8/01
Rivkin reaps $3m in Harvey Norman's Rebel. Sydney businessman
Rene Rivkin was a big stock market winner yesterday when Rebel Sport
shares rose more than 24 per cent as investors punted heavily that
Gerry Harvey would find the right formula to turn around the sporting
goods retailer. .... 31/7/01
Harvey lunges across the line to win Rebel. Harvey Norman
will install a new managing director at Rebel Sport and begin assessing
options for reviving the sporting goods retailer after its bid for
the company just fell over the line yesterday. .... [more]
26/7/01
Rivkin pops up at the death in Rebel bid. Mr Gerry Harvey's
$52 million bid for Rebel Sport now rests with stockbroker Rene Rivkin,
who in a surprise move bobbed up yesterday with a 9 per cent stake
in the sporting goods retailer. .... [more]
25/7/01
Cashed-up Freedom may look at offshore expansion. Furnishings
company Freedom Group is eyeing expansion into Asia, Europe and possibly
South Africa after a deal with global furniture maker the Steinhoff
Group. .... [more]
23/7/01
Macca's chicken takes on the West. McDonald's stores
in Western Australia will begin selling roast chicken next month -
a world first for the burger giant as it throws out a major challenge
to competitors. .... [more]
18/7/01
S African raid snares Freedom. South Africa's Australian
invasion has overtaken another local, with Freedom Furniture hooking
up with the giant Steinhoff group in a $26 million alliance. ....
18/7/01
Harvey Norman sales hit the wall. Harvey Norman is bracing
for earnings growth to reach a shuddering halt in 2000-01 after the
retailer reported perhaps its worst ever quarterly sales result. ....
[more]
18/7/01
What's Freedom got in store? The conspiracy
theorists had all the ammunition they needed yesterday to speculate
on a tie-up between furniture retailer Freedom and Harvey Norman.
.... [more]
17/7/01
Harvey Norman confident of Rebel takeover.
Harvey Norman boss Gerry Harvey is 'reasonably confident' his $52
million bid for Rebel Sports will succeed. If not, the billionaire
says he will accept the "fickle finger of fate" and walk away. ....
13/7/01
Rebel chair: sell to Harvey. Rebel Sport chairman Tony
Whatmore's message to shareholders yesterday was simple: sell or suffer.
.... 13/7/01
Dymocks writes HK success story. Hong Kong's newest
bookshop boasts a cafe overlooking Victoria Harbour at Wanchai. The
Dymocks store is a long way from the traditional drab, pokey Asian
bookshop where sellers wrap their products in cellophane to prevent
anyone reading them before they buy. .... 9/7/01
A taste for US coffee. Starbucks is spending big bucks
in the belief that Australians will take to American coffee. ....
9/7/01
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