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CHINA/TAIWAN FRANCHISE NEWS ARCHIVE

 
: : 2006

Blockbuster gets OK to sell stores in Taiwan. Movie rental chain Blockbuster Inc. has received clearance from regulators in Taiwan to sell the company's stores and franchises there. .... [more] 28 Dec, 2006
Super 8 Plans First Self-Run Hotel In Beijing. Super 8, one of the largest budget hotel brands from the United States, will break from its global franchising format and set up its first directly-run hotel in China. .... [more] 13 Dec, 2006
Toys 'R' Us opens first store in mainland China. The world's biggest toy workshop is getting a Yuletime taste of American-style toy retailing with the grand opening Friday of the first mainland China outlet of Toys "R" Us. .... [more] 8 Dec, 2006
U.S. restaurant chains seek big returns in China. From octopus Pizza Hut pies to spicy Quarter Pounder hamburgers, U.S. fast food is undergoing major changes in China as restaurant titans like Yum Brands and McDonald's Corp. vie to dominate a market they say could approach or exceed business at home. .... [more] 21 Nov, 2006
Spur stumbles in China. JSE-listed family restaurant franchisor Spur Corporation closed one of its outlets in China due to "extremely challenging" trading conditions. .... [more] 15 Nov, 2006
China's Largest International Franchising Exhibition Opens Today. China's largest franchising exhibition opens today and will run through Nov. 3 at the China World Trade Center in Beijing. .... [more] 2 Nov, 2006
China property agent says Century 21 China takes stake. Century 21 China has signed an agreement with domestic real estate agents Bonity Property Group (Shanghai) Co. Ltd. to take over its residential property service outlets in Shanghai .... [more] 19 Oct, 2006
Rosy future for budget hotels in China. Domestic operators like Home Inn and Motel 168 are expanding through franchising and certified operations, which are key expansion models for budget hotels in China. .... [more] 18 Oct, 2006
Super 8 China Opens 6 New Properties in September 2006. One of the world's largest economy lodging operators, Super 8 Hotels officially opened six new China properties in September 2006. .... [more] 3 Oct, 2006
China’s fast food business booming. Vincent Choo, now strategic alliance and new business development director of Yum! Restaurants China, has witnessed Yum! group's success in China, and has also contributed to it. .... [more] 2 Oct, 2006
Toys R Us aims for China store opening in Nov. Toys R Us will launch its first store on the Chinese mainland in November, drawing on an increasing demand for educational toys from middle-income consumers .... [more] 25 Sep, 2006
China chain eyes Home Depot for inspiration. The Chinese delegation had traveled halfway around the world to visit the U.S. stores of American giant Home Depot, but it was hardly love at first sight. .... [more] 25 Sep, 2006
IKEA to expand across mainland. IKEA, the globe's biggest furniture retailer, expects sales to soar further in China's mainland as it opens more stores and offers lower prices to cash in on the world's fastest-expanding economy. .... [more] 1 Sep, 2006
Marriott to have eight hotels in Beijing. Marriott International Inc., which has five hotels in Beijing and two more under construction, has signed an agreement to manage another one. .... [more] 28 Aug, 2006
Struggling Lotus outlets face deadline. CP Seven-Eleven Plc is considering closing some of its unprofitable Lotus supercentres in China if their performance does not improve by the end of the year. .... [more] 18 Aug, 2006
Mizuno to increase its business in China. In the light of Olympic Games 2008 in China, famous sportswear brand of Japan, Mizuno plans to enlarge its business in China. .... [more] 17 Aug, 2006
Pizza chain opens first franchise outlet in city. Papa John's opened its first franchise pizza outlet on the mainland yesterday, and said it hopes to open about five more franchises around the country by the end of this year. .... [more] 17 Aug, 2006
High fees force telco to close net cafes. China Unicom said yesterday it will close 2,000 net cafes nationwide because Internet service providers imposed "unfairly high" Internet access fees on the telco. .... [more] 15 Aug, 2006

Noodle shops to string across nation. The Shanghai Lead Food & Restaurant Management Co Ltd will begin a franchising campaign by the end of this year for Japanese noodles, aiming to open 1,000 outlets within five years across the Chinese mainland. .... [more] 12 Aug, 2006
Krispy Kreme to open first shop in China. U.S. doughnut maker Krispy Kreme plans to begin dipping into the massive Chinese-speaking market Tuesday by opening a shop in Hong Kong — China's richest city. .... [more] 8 Aug, 2006
Coffee war hits boiling point. A coffee war on the streets of Shanghai has reached boiling point and is threatening to spill over into neighbouring cities, as the world's biggest franchises fight to secure as-yet unclaimed turf. .... [more] 8 Aug, 2006
Hotel chain plans major expansion by 2008. Intercontinental Hotels Group, the largest hotel group in the world, will more than double its properties in China by 2008, the company revealed yesterday. .... [more] 2 Aug, 2006
Japanese convenience store chains struggling in China. Major Japanese convenience store operators are having a tough time in China, with surging land prices thwarting their aggressive expansion plans for the burgeoning market. .... [more] 24 Jul, 2006
Chinese find a taste for franchising, says expert. China's franchise sector could be set to take off after the implementation of a new law later this year, according to an international franchising expert. .... [more] 15 Jul, 2006
KFC sullies Chinese classic. Kentucky Fried Chicken (KFC) is under fire, for its latest video advertisement depicting an old Taoist surrounded by his apprentices excitedly holding a chicken burger and claiming it as a masterpiece. .... [more] 14 Jul, 2006
Secret Recipe to open 100 outlets in China. Home-grown confectioner Secret Recipe Sdn Bhd is eyeing the Chinese market in a big way with plans to open 100 outlets in China by 2010. .... [more] 6 Jul, 2006
McDonald's in China petrol station deal. Fast-food giant McDonald's, the world's largest restaurant company, will start a chain of drive-through fast-food outlets in China with the country's biggest service station operator, China Petroleum & Chemical Corp. .... [more] 21 Jun, 2006
HONG KONG/MACAU - Krispy Kreme signs on franchisee for Hong Kong, Macau. The development agreement means the Chinese regions could get up to 20 Krispy Kreme shops in the next five years, with the first one scheduled to open this fall. .... [more] 6 Jun, 2006
Seeing Double? Hooters Opens Second Restaurant in China. Hooters of Pudong, located in Shanghai, hosted the grand opening celebration on May 19th. This is the 2nd Hooters location in China, of the 4 slated to be open by this year's end. .... [more] 25 May, 2006
Franchising: entrepreneurs just warm up. On the venue of this year's China Franchise Expo, both the number of brands taking part in the Expo and that of the audience have hit a record high. .... [more] 29 Apr, 2006
KFC makes it easier to buy a franchise. KFC, Yum! Brands Inc's fried chicken outlet operator, eased franchise limits in China's second- and third-tier cities for the first time so it can expand aggressively. .... [more] 21 Apr, 2006
IKEA launches new Beijing store. With the flags lowered and cash tills closed, IKEA China yesterday announced the closing of its Beijing store and the opening of bigger premises in the capital. .... [more] 11 Apr, 2006
IKEA to open shops in Beijing, Shanghai. IKEA, one of world's largest furniture retailers, plans to open new branches in Beijing and Shanghai, according to sources from the Swedish furniture company. .... [more] 1 Apr, 2006
Franchise popularity keeps rising. The franchise sector in China saw rapid growth last year, according to a report released by the China Chain Store & Franchise Association (CCFA) yesterday. .... [more] 23 Mar, 2006
Investors find franchises an easier way to start a business. Franchises in Shanghai have reached 16,000 and are expanding 10 to 15 percent each year as a soaring number of investors apply to open outlets for companies who have a strong brand. .... [more] 13 Mar, 2006
Taiwan Franchise Industry to Get US$123 MLN in New Investment. Taiwan's fast-expanding franchise industry is expected to be infused with NT$4 billion (US$123 million) in new investment this year and create more than 10,000 new job opportunities. .... [more] 13 Mar, 2006
Pizza giant plans to expand via franchising. Papa John's said yesterday it will begin opening more franchise stores in China after directly managing its business through a single partner here for more than four years. .... [more] 2 Mar, 2006
7-Eleven set to slow expansion in China. C.P. Seven-Eleven Plc will slow expansion plans for Lotus Supercentre outlets in China this year after suffering operational losses last year due to stiff competition. .... [more] 2 Mar, 2006
Japanese retailer 7-11 to open franchise stores in China. The Japanese company 7-11, a convenience store superpower, has been given the green light by the Ministry of Commerce to open franchises in China. .... [more] 17 Feb, 2006
VIETNAM / CHINA - Trung Nguyen opens eighth franchised shop in China. Trung Nguyen Coffee Company recently opened its eighth franchised shop in China, the first shop abroad to apply the company’s new standards of franchising. .... [more] 8 Feb, 2006
KOREA / CHINA - Papa John's Grows in Asia With 40TH Restaurant Opening. Papa John's International continues its explosive growth oversees with the opening of its 40th restaurant in Seoul, South Korea and its 20th restaurant in Shanghai, China. .... [more] 31 Jan, 2006
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