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 IRELAND
FRANCHISE NEWS ARCHIVE
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: 2008/2009
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Franchising is booming during the recession but there are risks.
independent.ie - Some brands do not work as well as others while a number of top performers are at saturation point. ... [more] 8 Oct, 2009
Sandwich group O'Briens in liquidation.
rte.ie - O'Briens Irish Sandwich Bars has gone into liquidation. The troubled franchise group employs 800 people in Ireland. The development means a less certain future for the chain - although the liquidator has said... [more] 7 Oct, 2009
No pain, no gain in the franchise phenomenon.
irishtimes.com - Franchises have boomed over the past decade, with latest figures indicating that turnover is in excess of €2 billion, with more than 270 franchises employing in excess of 25,000 people. ... [more] 21 Sep, 2009
O'Brien's can pursue orders to revoke leases.
independent.ie - The High Court has granted O'Brien's Sandwich Bars permission to seek orders revoking lease agreements it had entered for a number of its outlets. ... [more] 18 Sep, 2009
INTEREST - Company owners seeing light at end of the tunnel.
independent.ie - Small business owners are finally seeing some light at the end of the tunnel. The latest survey from the Small Firms Association (SFA) shows that almost seven out of 10 business owners rate the overall... [more] 14 Sep, 2009
IKEA announces 100 temporary jobs.
rte.ie - Swedish home furnishings giant IKEA has said booming trade has it looking for 100 temporary staff at its new store in Dublin. ... [more] 7 Aug, 2009
IKEA finally opens Dublin store. Around 3,000 people passed through the doors of IKEA in its first hour of trading in Ballymun, Dublin this morning. .... [more]
27 Jul, 2009
O'Brien's franchisees urged not to pay rent. O'Briens Sandwich Bars Ltd chief executive Brody Sweeney advised franchisees not to pay rent earlier this year in a bid to get landlords to cut their charges. .... [more]
25 Jul, 2009
Ikea venture too advanced to reconsider in recession. Swedish retail giant Ikea has admitted it might have "reconsidered" its Irish launch if work on their Ballymun site wasn't well advanced by the time the recession hit. .... [more]
23 Jul, 2009
O'Briens attracting investor interest. The High Court has heard that there has been a good level of interest expressed by a number of investors interested in investing in the troubled O'Briens Irish Sandwich Bars. .... [more]
22 Jul, 2009
Harvey Norman admits all Irish stores unprofitable as sales dive. Sales at Harvey Norman's Irish stores have slumped by between 20pc and 40pc and all of the outlets are unprofitable, the company admitted yesterday. .... [more]
22 Jul, 2009
Domino's on track to top forecasts. Domino's Pizza has reported pre-tax profits of £13.6m for the first half of this year, an increase of 25% on the same period last year. .... [more]
20 Jul, 2009
O’Briens in a real pickle. High Court documents reveal the extent of the financial problems that have befallen Brody Sweeney and his company O’Briens Sandwich Bars in recent months. .... [more]
12 Jul, 2009
O’Briens to close nine Irish stores. O’Brien’s Irish Sandwich Bars plans to shut down nine loss making stores, and repudiate leases on another ten vacant premises as part of a rescue plan aimed at saving it from liquidation. .... [more]
12 Jul, 2009
O'Brien's placed in examinership. The High Court has appointed an examiner to O'Brien's Irish Sandwich Bars, which employs 20 people directly and 800 indirectly in 85 franchised outlets in Ireland. .... [more]
9 Jul, 2009
O'Brien's Sandwiches facing cuts as knives out for food industry. One of the golden boys of Ireland's boom-time years, Brody Sweeney, is the latest in a long line of successful entrepreneurs to feel the bite of credit crunch. The founder of the international O'Brien's Sandwich Bar franchising operation is experiencing severe difficulties... [more]
14 Jun, 2009
New franchise set to clean up. Having set up his first firm from scratch, Gavin Peacock decided to take a different route with his next venture, opting to franchise an existing business. Two years ago, he invested €2 million in the master franchise for the Jan Pro cleaning business for Ireland and Britain. .... [more]
31 May, 2009
Pizza Hut to deliver 260 new jobs this year. Pizza delivery chain PHQ by Pizza Hut is opening seven new stores nationwide this year, which will create 260 new jobs. More outlets are also planned for 2010. .... [more]
25 May, 2009
Jobs lost as pizza outlets shut . One hundred and thirty jobs will be lost with the closure of five Pizza Hut outlets across Northern Ireland. .... [more]
1 May, 2009
Apache Pizza plans to add 85 jobs. Apache Pizza is to create 85 jobs and open three new stores here over the next 12 months. .... [more]
14 Apr, 2009
A handy man in a recession. After Rob McCarthy graduated from college last September, seven of his friends - all graduates - emigrated to Australia. Finding it difficult to source despite his business and law degree, the 24-year-old decided to join them. .... [more]
22 Mar, 2009
O'Brien's franchisees meet over future. Sixteen
franchise-owners of O'Briens sandwich bars met today to discuss
the future of their business given the downturn in the economy. ....
[more]
10 Feb, 2009
Ikea will employ 500 people when it opens in summer. Swedish furniture giant Ikea will finally open the doors to its Dublin store in the summer, creating up to 500 jobs. .... [more]
22 Jan, 2009
KFC chief in €70m mall bid. KFC franchise owner Michael Herbert has plans for a €70m shopping development at the Bow Street Mall in Lisburn, Co Antrim. .... [more]
4 Dec, 2008
Harvey's outlook bleak, and in Ireland it's disaster. The executive chairman of Harvey Norman, Gerry Harvey, regrets his move into the Irish market, saying sales are "catastrophic" but that it is too big an investment to pull out now. .... [more]
26 Nov, 2008
Buying into the franchise business. The Irish Franchising Association is in celebratory mood this week. Last night there was a gala dinner and an awards function marking its 25th anniversary, while a two-day exhibition starting today in the RDS in Dublin will highlight the opportunities in this business sector. .... [more]
21 Nov, 2008
Republic of Ireland and Northern Ireland Master Franchise Rights Opportunity with FDS. One of the UK's leading franchise consultancy and publishing investment companies, Franchise Development Services (FDS), is seeking to award the simultaneous Master Franchise rights for the Republic of Ireland and Northern Ireland. .... [more]
9 Nov, 2008
McDonald's takes bigger Irish bite. According to returns just filed to the Companies Office, sales by McDonald's Restaurants of Ireland Ltd last year grew by 8.7pc with the company's turnover increasing from €85m in 2006 to €92.4m to the end of last year. .... [more]
5 Nov, 2008
INTEREST: McDonald's more palatable bet than Irish Government. The top dogs in the corridors of power may turn up their noses at the McDonald's Eurosaver menu -- but the Irish Government has more chance of going bust than the fast food chain has, according to some of the top bets being laid on world stock markets. .... [more]
5 Oct, 2008
Power to the juice. As his Zumo smoothie bar chain gets set to open its 100th outlet, Cathal Power is determined to see off his rivals and maintain the brand’s momentum. .... [more]
14 Sep, 2008
Ikea to launch cheap Irish mobile service. Flat-pack mobile phones are set for Irish shores -- the Scandinavian discount furniture giant, IKEA, will launch a mobile phone operation once its Dublin store opens early next year. .... [more]
24 Aug, 2008
Complete opens Northern Ireland franchise. Complete Mortgage and Loan Services has added Complete Mortgage Services as its latest franchise, bringing the total of Complete franchised firms to eight. .... [more]
8 Jul, 2008
A McJob on the side, please. Ubiquitous burger joint McDonald's has seen a spike in job applications from Irish people for the first time in nearly a decade. .... [more]
6 Jul, 2008
Toni & Guy back in the black after €700,000 cash injection. The Irish operations of upmarket hairdresser Toni & Guy returned to the black in 2007 after a €700,000 cash injection, new accounts show. .... [more]
3 Jul, 2008
Starbucks looks to expand presence in Irish market. Coffee giant Starbucks is considering opening a second outlet in Dundrum Town Centre and thinks Dublin can ultimately have a Starbucks' penetration like London, where people are never more than 10 minutes away from the nearest outlet. .... [more]
15 May, 2008
Howards Storage franchise to open. The first Irish franchise of an Australian shop specialising in storage products will open in Carrickmines, Dublin on May 24th. .... [more]
29 Apr, 2008
Computer Troubleshooters Ireland opens Cork South and Lisburn, NI Offices. Computer Troubleshooters Ireland is announcing that it has opened its second Cork office under the management of John Hardiman. .... [more]
7 Apr, 2008
Profits drop 13% at Burger King franchise operator. The operator of the Burger King franchise in Ireland saw profits fall nearly 13% last year. .... [more]
26 Mar, 2008
SanServ launches E1m Irish franchise. Commercial cleaning company, Sanserv, today launched a nationwide franchising programme with an investment of E1m. .... [more]
4 Mar, 2008
Computer Troubleshooters Ireland opens Cork office. PC support franchise Computer Troubleshooters Ireland has opened its first Cork office and revealed it intends to open as many as 10 new offices in the Republic and Northern Ireland over the next two years. .... [more]
3 Mar, 2008
Sandwich chain carried out undercover sting. O’Briens Irish Sandwich Bars hired a private detective and carried out an undercover sting in an effort to secure a High Court injunction against a former franchisee. .... [more]
2 Mar, 2008
Gourmet burger chain to create 600 jobs. Fast food entrepreneur Graeme Beere plans to create more than 600 jobs through new venture, Gourmet Burger Kitchen. Beere, who controls the Abrakebabra and Bagel Factory franchises, has acquired the Irish franchise rights for the British burger chain and expects to open six outlets this year. .... [more]
2 Mar, 2008
Robeks Goes International, Opens New Smoothie Franchise in Dublin, Ireland. Robeks Corporation, a premium fruit smoothie and healthy eats national franchisor, announced today the opening of its first international store in downtown Dublin, Ireland. .... [more]
29 Feb, 2008
McDonald's and Ilac avoid high court. Fast-food giant McDonald's and Irish Life have agreed to go to mediation in a bid to resolve a multi-million euro row over McDonald's branch at the Irish Life-owned Ilac Centre. .... [more]
19 Feb, 2008
McDonald’s announces €85m turnover in 2007. McDonald's, which runs 74 outlets in Ireland, had a turnover of €85 million last year. .... [more]
13 Feb, 2008
Abrakebabra founder gets franchise rights to burger chain. Abrakebabra founder Graham Beere has secured Irish franchise rights for an up-market British burger chain and plans to spend €5m this year opening six outlets. .... [more]
7 Feb, 2008
O’Briens growing at home and abroad. O’Briens
sandwich bars will open 15 new stores in Ireland this year, following
its first step into the Canadian market. .... [more]
18 Jan, 2008
Hairdressing company to be cut at roots. The creditors of upmarket hairdressers Toni & Guy (Kilkenny) will
meet at Dublin's Harcourt Hotel this morning to begin moves to wind
up the company as part of the wholesale restructure of the chain's
Irish operation. .... [more]
16 Jan, 2008
Prémaman to open 60-70 British shops. The Dublin company behind the Prémaman clothing brand in Ireland is planning to open between 60 and 70 shops in Britain in the next five years. .... [more]
13 Jan, 2008
Domino's stunning pizza the action delivers the goods. Domino's Pizza's Irish and UK operations recorded almost 18pc like-for-like sales growth in the six weeks to the end of December, with the chain's online sales booming by more than 100pc in the same period. .... [more]
9 Jan, 2008
Hard Rock Cafe scores a hit with €628,000 profits. The Hard Rock Cafe in Dublin posted an operating profit of €628,000 in 2006, making the outlet a hit for its owners, the Butler family and the Fitzers catering group. .... [more]
4 Jan, 2008
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