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 CHINA/TAIWAN
FRANCHISE NEWS ARCHIVE
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: : 2004
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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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