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 AUSTRALIA
FRANCHISE NEWS ARCHIVE
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: : Jul-Dec 2002
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Hotel discount site launched. Harvey World Travel
yesterday launched two new online hotel booking services offering
rooms at discounted rates. .... 31/12/02
Caffeine fires up franchise targets. The Coffee Club
franchise group is heading into 2003 on a caffeine high, with plans
for strong expansion. .... 31/12/02
Franchise flight in backyard blitzkrieg. Yates Garden
Care, the landscaping and gardening business spun out of the listed
Yates group just three months ago, is rapidly unravelling as angry
franchisees desert the company in droves. .... 23/12/02
Bracing for an orgy of spending. Gerry Harvey, founder
of Harvey Norman, reckons it is the busiest pre-Christmas trading
he has ever seen, but John Fletcher, head of the country's largest
retailer, Coles Myer, claims it is too hard to call. .... [more]
20/12/02
Pie purchase fills up AACo. The cattle kings at Australian
Agricultural Company (AACo) have bolted on a chain of Perth pie shops
as the group extends its "paddock to plate" strategy. .... [more]
20/12/02
Retailer's flat Christmas. Specialist retailer New Clicks
Australia, which owns the Priceline chain, has pulled back its profit
growth target for 2002-03 after experiencing flat sales leading up
to Christmas. .... 17/12/02
IKEA vows to get real. When the Swedish homeware giant
IKEA decided to expand, it took more than a few hex keys to assemble
the deal. .... 12/12/02
Testing an Aussie recipe. For years it was dill pickle,
like it or not. But now, under pressure around the world, McDonald's
is trying to shed its image of US cultural imperialism - and it's
turned to an Australian for the recipe. .... 9/12/02
Christmas is coming, and so are shoppers. And for the
first time in several years the major department stores have not panicked
the market into a round of deep discounting. Well, not yet anyway.
.... [more]
4/12/02
Brambles stands by merger. Brambles chairman Don Argus
has claimed last year's controversial merger helped accelerate the
discovery of problems at the group's Chep Europe business. .... 26/11/02
The eagle is circling. Tom Potter wants a slice of the
burger market. No, the Brisbane-based founder of Eagle Boys pizza
chain is not about to make a bid for the outlets of McDonald's or
Hungry Jack's, but he does want their customers. .... [more]
26/11/02
Brambles chiefs called to account. Investors have suggested
Brambles Industries should dump its top two executives and called
on the pair to return at least part of their lucrative salary packages
in view of the company's shock profit downgrade. .... [more]
25/11/02
RELATED - Labor pledge to small business. Establishing
the role of a Small Business Commissioner and a boost to business
development funding are priorities of Labor's small business election
platform. .... 25/11/02
Brambles chopped down as credibility gap yawns. Brambles
Industries was hit by a second wave of selling yesterday as analysts
and major investors turned on the company, with some saying management
had now lost credibility. .... [more]
23/11/02
Brambles at eight-year low. Brambles Industries successfully
stamped out any lingering confidence in its outlook with the shock
warning that earnings for the CHEP pallet business in Europe had substantially
deteriorated. .... [more]
22/11/02
Metcash flags strong second half and a great Christmas.
Grocery and liquor wholesaler Metcash has more than held its ground
in increasingly competitive markets, yesterday reporting increased
interim sales, earnings, and dividend and flagging a 35-40 per cent
rise in profits in the second half. .... [more]
21/11/02
Gerry Harvey gets a few things off his chest. Harvey
Norman annual meetings were generally considered marathon affairs
if they lasted more than five minutes. .... [more]
20/11/02
RELATED - Small traders cruising. Small businesses have
shrugged off predictions of an economic downturn and should continue
to grow next year, a new survey has found. .... 18/11/02
Harvey Norman rejects 'bait' ad claims. Allegations
by the Australian Competition and Consumer Commission that three Sydney-based
companies in the Harvey Norman group have engaged in "bait" advertising
will be heard next month in the Melbourne Federal Court. .... [more]
13/11/02
Big guns blaze in Brisbane bookstore war. The mega bookstores
have hit town and now the battle is on among retailers for survival.
.... 30/10/02
Retailer pushes profit higher. Freedom Furniture Group
has built upon last year's record results with strong first-quarter
trading. .... 26/10/02
INTEREST - Rush to small business. The complexities
of GST have failed to halt the rush by Australians into small business
and self-employment. .... 17/10/02
Harvey suffers a September slowdown. A slowdown during
September left Harvey Norman's first-quarter trading marginally behind
expectations but the retailer claims it bounced back even before the
lost sales were missed. .... [more]
16/10/02
New Clicks' retailing formula a winner.
Specialist retailer New Clicks Australia yesterday said it planned
to open about 60 new stores across its four businesses next year,
as it unveiled a 23 per cent increase in operating profit. .... [more]
16/10/02
Gerry Harvey admits Slovenia is quite a risk.
Gerry Harvey is not letting a three-year low in the share price of
his retail group Harvey Norman stop him talking up his big international
plans - even if it may have turned him into a defrocked billionaire.
.... [more]
10/10/02
Metcash wins tentative support. Metcash's expansion
into The Philippines has drawn a mixed response from major investors,
but most indicate they are prepared to back management even as the
company's share price tails off. .... [more]
8/10/02
Pick 'n Pay fires up Franklins. The relaunched Franklins
supermarkets could soon command up to 10 per cent market share in
NSW, Interfrank Holdings managing director Aubrey Zelinsky said yesterday.
.... 5/10/02
Metcash deal with Suy Sing in Manila. Metcash has chosen
a joint venture in the Philippines with Suy Sing Commercial Corp as
the vehicle for its grand expansion in Asia - one that the grocery
wholesaler hopes will generate $1 billion in sales within three years.
.... [more]
3/10/02
Brumby's bakes its best profit. Franchise chain Brumby's
Bakeries has booked a record result for 2001-02, and flagged a possible
listing on the Australian Stock Exchange. .... [more]
27/9/02
New Clicks launches Australian pharmacy group. Despite
tough competition in the Australian pharmaceutical retail market,
SA health, beauty and lifestyle group New Clicks launched a new pharmacy
banner group in the country yesterday. .... [more]
20/9/02
Harvey Norman counting on Rebel Sports to outperform.
Harvey Norman Holdings Ltd chairman Gerry Harvey said the retailer
could double its Rebel Sports stores in Australia before reaching
saturation point. .... 17/9/02
Harvey attacks Coles Myer. Discount king Gerry Harvey
has weighed into the Coles Myer row, arguing that he could fix the
troubled retailer. .... 16/9/02
Steady growth for Harvey Norman. Harvey Norman returned
to profit growth in the financial year just ended thanks to a boom
in electrical goods sales and a kick to earnings from its stake in
Rebel Sport. .... [more]
14/9/02
McDonald's a mecca for Muslims. For almost half a century,
McDonald's burgers have been enjoyed as a quick snack. Now Australia's
first halal Mcdonald's is proving a big hit with Sydney's Muslim community
which is finally able to taste a Big Mac or cheeseburger. .... 9/9/02
CHEPs are not down, Brambles reassures. Brambles Industries'
problem-plagued CHEP pallet management business in the US has not
only turned the corner but is trading strongly enough to compensate
for any unexpected weakness in Europe. .... [more]
3/9/02
Harvey Norman on the move. Harvey Norman is once again
on the march around Australia, this time opening a chain of Domayne
homegoods stores. .... 2/9/02
Harvey flops and Flight Centre takes off. They may both
sell holidays but their stories yesterday couldn't be more different.
.... 30/8/02
Upbeat Brumby's shifts into expansion mode, eyes ASX.
Queensland bakery icon Brumby's is heading to the stockmarket as part
of a major expansion. .... 27/8/02
RELATED - Good times roll for retailers, survey shows.
Australia's retailers are bullish and thinking strategically about
the future of their businesses. .... [more]
22/8/02
Furniture retailer earns $15.6m and says it's on a roll.
Freedom Group yesterday reported record sales and profits for 2001-02
and immediately claimed it would do better in the current financial
year, regardless of the state of the economy. .... [more]
21/8/02
Harvey Norman to conquer new fields. When John Singleton
called Gerry Harvey to warn him that a 60 Minutes feature might portray
the two mates as "silly old men", the billionaire retailer just shrugged.
.... [more]
27/7/02
Harvey Norman shifts up a gear. The patchy retail
conditions evident for most of the past year gave way to a strong
fourth quarter for Harvey Norman, raising hopes the company may produce
at least a mild surprise with its profit result. .... [more]
24/7/02
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