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 AUSTRALIA
FRANCHISE NEWS ARCHIVE
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: : Jan-Jun 2003
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Harvey Norman Sees '03 Sales Up. Sales at Australian
furniture and electricals retailer Harvey Norman Holdings Ltd will
show growth at existing stores of up to 10 percent for fiscal 2003,
Chairman Gerry Harvey has said. .... [more]
30/6/03
Gloves off as retailer hits out. Retail king Gerry Harvey
yesterday couldn't resist a parting tirade at the chairman of Australia's
consumer watchdog, Professor Allan Fels. .... [more]
30/6/03
McDonald's opens doors to healthy new cuisine. McDonald's
is embarking on a nationwide publicity campaign aimed at convincing
Australians that the multinational giant does not put pig fat in its
shakes or newspaper in its chicken McNuggets. .... [more]
27/6/03
Freedom sales dip. Furniture group Freedom yesterday
warned sluggish sales in the half to June 30 would hurt the bottom
line in two divisions. .... [more]
25/6/03
US firm bids for Aussie dough roll-out. Krispy Kreme
Doughnuts Inc. opened its first shop outside North America near Sydney
last week - aiming at capturing some of the $7 billion that Australians
spend each year on fast food. .... [more]
25/6/03
Krispy Kreme opens store in Sydney. Krispy Kreme Doughnuts,
Inc. has opened the doors to its first store outside North America,
located in the Sydney, Australia suburb of Penrith. .... [more]
20/6/03
Maccas to end use of antibiotics in its meat. Fast food
giant McDonald's has moved to ban or discourage its meat suppliers
worldwide from feeding their livestock antibiotic growth promoters
because of growing concern about their impact on human health. ....
[more]
20/6/03
Ever heard of Gerry being stationary. Gerry Harvey has
baulked at bidding for struggling office supplier WC Penfold despite
interest shown by some of his fellow directors. .... [more]
18/6/03
ABC dumps chiefs after takeover. ABC Learning Centres'
friendly takeover of FutureOne has turned nasty after the surprise
sacking of two key employees. .... [more]
17/6/03
Wild about doughnuts. Aussie superstar Nicole Kidman
is about to be interviewed on US television. The interviewer presents
her with a box of Krispy Kreme doughnuts and, well, she goes nuts.
Make no mistake, the US doughnut chain, just days from opening here,
has the celebrity stamp of approval. .... [more]
16/6/03
Mortgage fight gets bite. Despite the predicted end
to the housing boom, RAMS Homeloans and Wizard Homeloans are pursuing
ambitious nationwide growth aspirations which will see them open up
to 10 new WA branches between them before the end of the year. ....
[more]
14/6/03
Sushi boss owes $100,000. A company associated with
a wealthy entrepreneur has left several high-profile Adelaide businesses
with total debts of more than $100,000 after the collapse of a franchise
chain. .... [more]
13/6/03
Red Rooster ready to fly east and ruffle some feathers.
The expansion by takeaway food chain Red Rooster is gathering pace,
with the company planning to open 40 stores next year. .... [more]
13/6/03
Krispy Kreme begins Aussie assault. The first Krispy
Kreme doughnut franchise outside north America is set to open next
week in Penrith in Sydney's west. .... [more]
11/6/03
Sugars denies knowledge of franchise dispute. The perfect
world of Brad Sugars, who owns the Brisbane-based Action International
business coaching empire, has taken a knock this week with revelations
that his Queensland franchisees are in revolt. .... [more]
10/6/03
Burger King slips into Hungry Jacks uniform. Burger
King Corp's new management said on Friday it was ceding the Australian
market to the Hungry Jack's brand, dissolving a convoluted relationship
that at one time went to court in a franchising dispute. .... [more]
2/6/03
Brand bunfight to Hungry Jack's. Hungry Jack's founder
Jack Cowin has emerged victorious from his decade-long battle against
global fast-food giant Burger King, which yesterday agreed to rebrand
its 81 Eastern States outlets under the Hungry Jack's banner. ....
[more]
31/5/03
D'oh!-Nuts from Homerland. The soft, sweet and tasty
juggernaut of American consumerism is about to engulf Australia, again.
Krispy Kreme Doughnuts will open its first "store" at Penrith in western
Sydney on June 19. .... [more]
30/5/03
Besieged fast food giants strive for healthier image.
Increasing criticism of processed and takeaway foods and the trend
to healthier eating and living habits have put pressure on advertisers
to change tack or lose customers. .... [more]
29/5/03
McDonald's food facts now on new website. McDonald's
Australia has launched a redesigned website that focuses heavily on
conveying information about the ingredients used in the fast food
leader's products. .... [more]
27/5/03
Pair face court on tax plan charges. Two Perth accountants
appeared in the Supreme Court yesterday, charged with conspiracy to
defraud the Commonwealth over their connection to a mass-marketed
tax effective scheme promoted in 1998. .... [more]
22/5/03
Hire Intelligence... lower expectations.
IT rental company Hire Intelligence could record another loss this
financial year after writing down $630,000 in goodwill and sinking
capital into a new business that hires out test and measurement equipment,
chairman Tom Crage said yesterday. .... [more]
20/5/03
Sushi chain woes put shops at risk.
Sushi specialist Tokyo Joe's has hit troubled waters. .... [more]
19/5/03
Cash-flow woes hit Ian Diffen tyre group. Ian Diffen
World of Tyres, the tyre giant whose founder died just a fortnight
ago, has fallen into administration. .... [more]
17/5/03
Small biz GST slug. Small business is set to be stung
by a fresh tax hit as the Australian Taxation Office cracks down on
a little-known element of the GST affecting company assets. .... [more]
5/5/03
Brumby's to go it alone in drive for 230 new shops.
Brumby's Bakeries has gone cold on the idea of listing on the Australian
Stock Exchange and will fund internally an ambitious growth plan to
open 230 shops over the next five years. .... [more]
1/5/03
Sex Disneyland in Sydney? The Daily Planet Ltd, which
tomorrow becomes the first brothel to list on the Australian Stock
Exchange, has plans to open a "sex Disneyland" in Sydney and is also
considering franchising. .... [more]
30/4/03
INTEREST - Website bites business. A website which began
with a complaint about Qantas has grown to an aggressive watchdog
for consumers and a potential hotspot for investors. .... [more]
28/4/03
Big Mac index tips leap for $A. Strewth! Burgernomics
might not be a fine art, but it's showing that the Australian dollar
is the most undervalued currency among developed economies. .... [more]
26/4/03
Retail ban costs 'tens of millions'. The Bracks Government's
controversial new Easter Sunday trading ban cost retailers tens of
millions of dollars in turnover yesterday, as most businesses abided
by the law and closed. .... [more]
21/4/03
Building a women's world. Bronwyn Hudson founded Femme
For Tile in the tradition of White Lady Funerals and Fernwood Gyms
- as a brand aimed deliberately at a female market. .... [more]
20/4/03
Easter trade laws anger business. Victorian traders
were angry and confused about amended trading restrictions during
the Easter break, the Australian Retailers Association said today.
.... [more]
17/4/03
Constellation unveils franchise program. The Constellation
Hotel Group has launched a new hotel franchising program and announced
the first two hotels to have joined the group. .... [more]
17/4/03
Woolies, Harvey Norman lead sales charge. Woolworths
and Harvey Norman showed yesterday there's life yet in the retail
sector, with third-quarter sales for both rising strongly despite
the Iraq war, SARS and a patchy economy. .... [more]
16/4/03
RAMS to franchise loans in drive for growth. RAMS Home
Loans yesterday became the latest mortgage originator to respond to
slimming margins in the home-lending business and a major shake-up
in the way in which loans are sold to borrowers. .... [more]
11/4/03
Metcash holds off on fuel offer. National grocery and
liquor group Metcash Trading Ltd said yesterday it would not finalise
a discount fuel offer with any petrol companies until details of the
rumoured Coles Myer Ltd/Shell Australia deal were known. .... [more]
9/4/03
Ikea finds a new home. After two years of negotiations,
Lang Walker's Walker Corporation and new tenant Ikea have finalised
the development and lease agreement on a new Sydney store. .... [more]
3/4/03
Serving up the lot to a hungry market. Domino's managing
director Don Meij wants a bigger slice of the state's pizza market.
.... [more]
29/3/03
Brambles sells UK repair business. Brambles Industries'
Cleanaway company has sold the repair and maintenance business of
its UK subsidiary, Serviceteam. .... [more]
29/3/03
Harvey looks to mortgages. Harvey Norman is planning
to borrow against its $800 million property portfolio to raise funds
for expanding its store network and other ventures. .... [more]
24/3/03
Eagle Boys to expand further. Queensland, controlled
pizza chain Eagle Boys will expand further across Brisbane after claiming
that its "instant pizza" concept has boosted sales by 40 per cent.
.... [more]
24/3/03
Ikea to go mega with latest shops. Swedish furniture
retailer Ikea believes size matters. A lot. The company will today
open its first Australian mega store, at a size of 22,500 sq m and
a cost of $100 million, in Melbourne's Richmond. .... [more]
20/3/03
Harvey urges shakeup. Retail king Gerry Harvey yesterday
called for a shake-up of Australian boardrooms. .... [more]
17/3/03
Harvey Norman founder lifts share stake. Gerry Harvey
bought another $4 million worth of shares in Harvey Norman yesterday,
taking a contrary view to the market. .... [more]
15/3/03
Harvey Norman gets a winner. A few deft touches from
Harvey Norman have turned around Rebel Sport's rundown results, with
the sporting goods retailer reporting a record half-year profit and
reinstating the interim dividend. .... [more]
13/3/03
Sam's Seafood bathes in upstream forecast. Sam's Seafood
Holding said today it was on track to meet its forecast of full year
net profit, and is looking at opportunities in franchising. .... [more]
7/3/03
INTEREST - Optimistic small business sector expands.
Small and medium enterprises are making a growing contribution to
the Australian economy, according to a national small business survey
sponsored by ANZ. .... [more]
3/3/03
Turnaround at Harvey World. Harvey World Travel marked
a sharp recovery from the downturn in the tourism industry by earning
$1.2 million in the December half year. .... [more]
27/2/03
Brambles delivers patchy $248m half year. Brambles Industries
showed signs it had halted last year's shock deterioration in the
CHEP Europe pallets business and maintained the swift rate of improvement
in the US. .... [more]
27/2/03
Domino's fires up $60m expansion. Queensland pizza chain
Domino's Pizza Australia said yesterday it was firmly on track to
build 50 new stores across the country this financial year, with its
slow march to the south finally crossing the Victorian border. ....
[more]
25/2/03
Freedom comfortably placed for a sagging economy. Freedom
Group yesterday produced its third successive record half-year result,
but forecast earnings would grow at a far slower clip as war, drought
and bushfires sapped consumer confidence. .... [more]
20/2/03
Armchair ride for Fantastic. Refugees and divorcees
helped push Fantastic Furniture's shares into the comfort zone yesterday
after it reported a bumper 50 per cent rise in full-year net profit.
.... [more]
18/2/03
Brambles sends backers scuttling. With the pallet hirer's
first-half results out soon, investors are piling into the bunkers.
.... [more]
12/2/03
RELATED - Small business awards open today. Applications
for the 2003 Telstra and Australian Governments' Small Business Awards
open today. .... [more]
10/2/03
Freedom's another word for profit. Freedom Group shares
surged almost 8 per cent or 14c to $1.95 after it said it expects
to deliver higher than anticipated first half profits. .... [more]
8/2/03
Bakery biz a piece of cake. Michel's Patisserie's Noel
Carroll and Noel Russell hope to open another 70 stores across Australia
and overseas this year, as their business grows into one of the country's
largest franchise chains. .... [more]
2/2/03
Metcash eschews Philippines link, delays global push.
Grocery and liquor wholesaler Metcash has scrapped its joint venture
in the Philippines and put any international expansion on hold for
at least six months. .... [more]
29/1/03
US sub joins Wendy's. Adelaide's Retail Brands Group,
which owns the Wendy's ice cream business, is branching out into the
fast-food sandwich market by bringing one of the swiftest growing
chains in the US to Australia, Quizno's Subs. .... [more]
27/1/03
Maccas big smackers Down Under. The local arm of McDonald's
Corp has recorded its best ever sales and profit figures - in sharp
contrast to the global hamburger chain's woeful performance in its
US heartland . .... [more]
25/1/03
Queensland key growth area for Rebel. Sporting goods
retailer Rebel Sport Ltd has earmarked Queensland as one of its key
expansion areas after yesterday reporting double-digit growth in first-half
sales. .... [more]
23/1/03
Harvey Norman on track to meet half-year targets. Harvey
Norman's sales eased marginally through Christmas, but executive chairman
Gerry Harvey is nonetheless pleased with a rise of almost 14 per cent
in half-year revenue, given all the potential pitfalls. .... [more]
22/1/03
INTEREST - Smaller shops in fear of Sundays. Sunday
trading could be extended throughout regional Queensland following
a review of shopping laws introduced in the southeast six months ago.
.... [more]
20/1/03
Hire Intelligence to expand range as market dips. Computer
rental firm Hire Intelligence International Ltd will expand its range
of rental equipment to other areas after the computer rental market
in Australia and the United Kingdom fell by up to 45 per cent in 2002.
.... [more]
17/1/03
Quick end for sales as retailers celebrate. The official
post-Christmas sales period ends at close of trade tomorrow, two weeks
earlier than last year, with retailers reporting good sales and the
only sour note a bit of verbal biffo over sale tactics. .... [more]
11/1/03
Brambles will need a lot of patience. Brambles Industries
shareholders, who lost more than half their investment in the world's
biggest freight pallet supplier in 2002, may have to wait another
year for a turnaround, analysts said. .... [more]
3/1/03
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