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CHINA/TAIWAN FRANCHISE NEWS ARCHIVE

 
: : 2004

Chinese taste for fast food grows. For centuries the epitome of fine eating, Chinese cuisine is being redefined by the rising popularity of fast food with more Chinese now likely to carry their meal in a bag than Americans and Australians. .... [more] 27 Dec, 2004
McDonalds relocates China headquarters. McDonalds, the world's leading hamburger maker, announced yesterday at a press conference it will enhance its Chinese market share by moving its China headquarters from Hong Kong to Shanghai. .... [more] 14 Dec, 2004
B&Q acquires PriceSmart's 5 outlets. Home furnishing retailer B&Q Group announced recently that it has acquired five outlets from the heavily indebted PriceSmart in China for 6.95 million pound (US$12.51 million)..... [more] 12 Dec, 2004
Japan to launch convenience stores in China. Japanese convenience store operators and other retailers are set to expand franchise chains in China after this Saturday, when the government there deregulates the establishment of such operations by foreign companies. .... [more] 8 Dec, 2004
Applebee's cooks up new course for China. Applebee's International Inc. hopes they'll be eatin' good in the "zhu jai qu" - that's Mandarin for neighborhood - soon. .... [more] 5 Dec, 2004
Franchising China Draws More Than 20,000 Chinese Entrepreneurs. Global Sources Ltd. announced the seventh annual Franchising China Conference & Exhibition was the largest in the event's history. .... [more] 3 Dec, 2004
Canada's Coffee Time franchise chain opens three outlets in China. The Coffee Time coffee-shop chain recently opened three retail outlets in Beijing, adding to an international presence that includes parts of Europe. .... [more] 1 Dec, 2004
McDonald's China strategy: franchises. McDonald's plans a quick low-cost franchising expansion in China to catch arch-rival KFC as Beijing prepares to open retailing to competition next year. .... [more] 24 Nov, 2004
President Starbucks to speed franchise expansion in China. President Starbucks Coffee Corp will speed up its franchise development across the Taiwan Strait, as China is slated to open up its retail market next month in accordance with WTO regulations. .... [more] 24 Nov, 2004
Bun shop owners locked in legal battle. The Shanghai Kebi Food Company has been using his Babi steamed buns to attract franchisers, said Liu Huiping, general manager of Shanghai Babi Food and Drinks Administration. "Which is totally cheating," said Liu. .... [more] 18 Nov, 2004
China sets stage for franchising. For the very first time, a franchise exhibition area has been set up at the China (Shenzhen) Consumer Goods Procurement Fair to show that franchising is gaining more ground. .... [more] 11 Nov, 2004
Franchising brings biz opportunities. China's small and medium-sized enterprises (SMEs) and individual investors face a wealth of business opportunities as increasing numbers of international franchisers make inroads into the nation. .... [more] 9 Nov, 2004
Franchising China Opened Today in Beijing With Pre-registered Visitors Up 50 Percent. Global Sources Ltd. today opened the Franchising China 2004 Conference & Exhibition at the China World Trade Center in Beijing. .... [more] 1 Nov, 2004
Papa John’s Pizza to widen China expansion. Papa John's plans to accelerate its expansion in China's coastal region next year. .... [more] 29 Oct, 2004
Hooters opens first China outlet in Shanghai. America's Hooters restaurant chain plans to open its first China outlet in Shanghai on Friday, bringing its racy combination of cold beer, chicken wings and skimpily dressed waitresses to one of the world's fastest growing economies. .... [more] 22 Oct, 2004
Franchising business booms; law required. A Ministry of Commerce official said yesterday that nation's booming franchising business has entered a rapid development stage, calling for more publicity to be given to a professional law to regulate the industry. .... [more] 20 Oct, 2004
McDonald's Will Rely Mostly on Own Funds in China Expansion. McDonald's Corp., which received government approval to start franchising in China this year, said it will mostly rely on its own funds as it seeks to meet a target of 1,000 restaurants in four years in the nation. .... [more] 19 Oct, 2004
Chain store Mister Donut comes to town. Last week, the Uni-President Group introduced a doughnut shop through the newly established joint-venture Mister Donut Taiwan Corp., aiming to top 100 outlets island-wide in three years. .... [more] 4 Oct, 2004
McDonald's says outlets in China will lift profits. McDonald's Corp. received government approval to start franchising its fast-food restaurants in China, a change that will boost profit in the world's most populous nation. .... [more] 23 Sep, 2004
Double A opens in Hong Kong. Double A Copy Centre, a Thai copy centre franchise, is opening a new branch in Hong Kong, it’s third foreign venture after Singapore and Malaysia. .... [more] 22 Sep, 2004
China Unicom to open 3000 internet cafes. China Unicom, the nation's second-largest mobile phone carrier, plans to open up to 3000 internet cafes by the end of the year. .... [more] 14 Sep, 2004
IKEA plans 10 new stores in China. After six years of marking time in China, Swedish home furnishings giant IKEA has finally decided to speed up its expansion paces in the country. .... [more] 7 Sep, 2004
Precision Tune Auto Care Signs Agreement With Hong Kong Company to Open 330 Centers in China. Precision Auto Care, Inc. on Tuesday signed a master franchise agreement to open and operate at least 330 Precision Tune Auto Care car care centers in China over the next seven years. .... [more] 2 Sep, 2004
Bally Total Fitness Opens Tenth Franchise in China. To meet the ever increasing health and fitness needs of the Chinese market, Bally Total Fitness today announced the opening of the tenth Bally Total Fitness franchise in China through a joint venture with China Sports Industry. .... [more] 30 Aug, 2004
IKEA to expand mainland presence. Swedish home furnishings maker IKEA will invest heavily to build 10 new stores over the next six years in China, its fastest-growing market around the world. .... [more] 30 Aug, 2004
Learning for the future. Toddlers in high spirits are singing and dancing away, and even babies-in-arms are mesmerized, chortling at the sounds and the sights of the Gymboree Music Festival. .... [more] 30 Aug, 2004
Beijing deal percolating at Starbucks? Starbucks Coffee International, speeding up its expansion in Asia by raising the stakes in its local licensees, is widely believed to be percolating similar plans in Beijing. .... [more] 3 Aug, 2004
M&S 'looking to expand into Russia and China'. High street retailer Marks & Spencer is considering opening stores in Russia and China, it was reported today. .... [more] 25 Jul, 2004
Xian Leng to open 100 outlets in China by 2010. Fish-breeder Xian Leng Holdings Bhd wants to establish its presence in China, given the growing demand for Arowana fish in the world's most populous country, with plans to open 100 retail outlets there by 2010. .... [more] 23 Jul, 2004
Old brands face the challenges of new era. Locals in old Beijing used to judge how rich you were by whether you were wearing Majuyuan hats, Neiliansheng shoes or Ruifuxiang clothes. .... [more] 13 Jul, 2004

BreadTalk opens first Hong Kong outlet, plans more. Sesdaq-listed bakery chain BreadTalk is opening its first outlet in Hong Kong by end of this year and the company is planning to have 15 outlets there within three years. .... [more] 29 Jun, 2004
Canadian Tire plans Shanghai office.Canadian Tire Corp. is opening a Shanghai office this fall as it increases the number of made-in-China products it sells in Canada. .... [more] 25 Jun, 2004
Global Active takes GNC brand to China. Global Active, a retailer and distributor of health supplements in which Osim International has a 24 per cent stake, has spread its wings to China. .... [more] 26 Jun, 2004
KFC won't serve fried chicken in Tibet after all. Tibet's chickens got a reprieve after KFC axed a plan to open outlets in the Dalai Lama's homeland. .... [more] 25 Jun, 2004
Franchise rules expected by end of year: Gov't. A draft regulation on commercial franchising is expected to give a clear legal definition of shops bearing the names of international retailer brands dotting China's numerous commercial districts and shopping malls. .... [more] 14 Jun, 2004
Hong Kong - M&S shoots for youth in makeover. British retailer Marks & Spencer is giving its conservative image a makeover in the hope of capturing a slice of the young market. .... [more] 7 Jun, 2004
PM identifies areas of co-operation with China. Malaysia has identified five sectors - construction, information technology, education, healthcare services and franchise arrangements - as core business areas of co-operation with China. .... [more] 29 May, 2004
Cendant's Hotel Group Signs Third Franchise Deal in China. Cendant Corporation's Hotel Group today announced it will franchise Super 8 motels in China. .... [more] 22 Apr, 2004
China helps lift Osim Q1 earnings 29% Lifted by strong growth from its China and franchise operations, healthy lifestyle products retailer Osim International said net profit gained 29 per cent year-on-year to $5.4 million for the three months ended March 31, 2004. .... [more] 22 Apr, 2004
Seven-Eleven Japan opens China outlet. Seven-Eleven Japan Co. opened its first Chinese outlet in Beijing on Thursday, marking the start of a plan to open 500 stores in China in five years. .... [more] 16 Apr, 2004
BreadTalk signs up first Taiwan franchise. Bakery chain BreadTalk has signed its fifth master franchise agreement of the past 12 months, which will see it rolling out its signature buns and cakes in Taipei as early as next month. .... [more] 14 Apr, 2004
President Chain may exit Beijing 7-Eleven plan. Taiwan-based President Chain Store Corp., the largest 7-Eleven franchise operator outside North America and Japan, will likely back out of a venture to open the convenience stores in Beijing, according to a Reuters report. .... [more] 14 Apr, 2004
7-Eleven to open 1st Chinese branch. US based convenience store operator 7-Eleven says it will open its first outlet on the Chinese mainland in Beijing on April 15th and open more outlets in May with a joint venture group. .... [more] 7 Apr, 2004
Ikea outlines mainland expansion plan. Ikea, the world's leading furniture brand and one of the top choices for Chinese in Beijing and Shanghai, will expand its presence throughout the mainland, it has been revealed. .... [more] 6 Apr, 2004
Stores urged to set up franchises. China's general merchandise industry should be consolidated and turned into a chain operation to enhance its competitiveness. .... [more] 5 Apr, 2004
Chinese Market Offers Franchise Challenges. Ride through Beijing and there's a good chance you'll see KFC's Colonel Sanders' smiling face. But though the country may seem franchise friendly, in China looks can be deceiving. .... [more] 1 Apr, 2004
McDonald's targets kiddie consumers. With the opening of the first McKids retail store in Shanghai this month, MacDonald's appears to be branching out of fastfood, in a bid to preempt China's increasing children's consumer market as well. .... [more] 25 Mar, 2004
Retailers optimistic about foreign rivalry. From the original overwhelming fear to calmly facing today's fierce competition, China's retail sector has gradually got used to foreign rivals' presence. .... [more] 24 Mar, 2004
McDonald’s signs on China basketball superstar for ads. Filming is expected to begin within weeks for a McDonald’s advertising campaign featuring Yao Ming which could be beamed across China as early as May. .... [more] 17 Mar, 2004
MFG eyes China, Vietnam deals. Thailand's Minor Food Group (MFG) is looking at establishing outlets of The Pizza Company and Swensen's ice cream in China and Vietnam this year to tap growing business opportunities. .... [more] 10 Mar, 2004
7-Eleven to add outlets in Beijing. The world's largest convenience store operator, 7-Eleven Inc, is scheduled this month to open its first 24-hour outlet in Beijing, which, analysts expect, will intensify the competition within the sector. .... [more] 8 Mar, 2004
Carrefour expansion report ruled out. No new Carrefour SA franchise has been licensed in China yet, despite a report that three Carrefour stores have been given permission, according to an official from the Ministry of Commerce. .... [more] 12 Feb, 2004
Esprit stuns with 53pc profit leap. Esprit Holdings stunned analysts with a 53 per cent surge in interim net profit to HK$886 million as the apparel giant reported strong retail growth in Germany and France. .... [more] 12 Feb, 2004
KFC: We operate normally in China despite bird flu outbreaks. All the 1,000 KFC outlets in China have been operating normally, said J. Samuel Su, president of Yum! Brands International Greater China, on Wednesday. .... [more] 5 Feb, 2004
Starbucks takes aim at China chain. Starbucks is suing a rival Shanghai chain whose name in Chinese is virtually identical to that of the U.S. giant that introduced coffee culture to a nation of tea lovers. .... [more] 5 Feb, 2004
7-Eleven store debuts in Beijing. The residents of Beijing's busy Beixinqiao area will soon get the chance to shop any time they like, thanks to the opening of the capital's first 7-Eleven convenience store. .... [more] 5 Feb, 2004
China's A&W All-American Restaurants Close. The eight outlets of A&W All-American Restaurants in China have closed after their parent company, U.S.-based Yum! Brands Inc., refused to rescue the local operations, a state-controlled business newspaper reported Monday. .... [more] 3 Feb, 2004
Blockbuster pulling out of Hong Kong. Dallas-based video rental chain Blockbuster Inc. said Friday it is closing its Hong Kong stores, citing high operating costs, and dropping plans to expand in mainland China because of widespread piracy there of DVDs and video CDs. .... [more] 30 Jan, 2004
KFC fast food to wing its way at last to Tibet. Hot wings and spicy chicken legs could soon tempt palates in Tibet as KFC wings its way to the roof of the world and the only part of China it has yet to conquer. .... [more] 15 Jan, 2004
McDonald's plans to open 100 new outlets in China. McDonald's, the world's top fast food operator, is to open nearly 100 new outlets around China this year and promote McKIDS, a series of children-related products, to the Chinese market from April. . .... [more] 15 Jan, 2004
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