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 JAPAN
FRANCHISE NEWS ARCHIVE
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: : 2000/2001
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Benetton to open 3 new megastores in Japan. Italian
clothing and industrial group Benetton is to open three megastores
in Japan where it already has five outlets. Luciano Benetton, chairman
of the group, forecasts that Benetton will have 20 megastores in Japan
by 2004. ... 6 Dec, 2001
McDonald's suffers mad cow blues. McDonald's
Co. (Japan) Ltd. revised downward its unconsolidated earnings projections
for fiscal 2001 in response to the ongoing effects of the mad cow
scare, company officials said Wednesday. .... 8 Nov, 2001
Hamburgers just keep on getting cheaper: DEFLATION by
Ken Hijino: The decline in prices for goods and services may make
consumers happy. .... 25 Sep, 2001
Bookseller blows fresh air into a fusty world.
Starting with a single suburban store, Takashi Sakamoto has defied
Japan's foundering economy - or perhaps, more accurately, taken advantage
of it - to built a nationwide retail empire in just over a decade.
.... 6 Sep, 2001
Slowdown in sales at Fast Retailing. Fast Retailing
Co, Japan's biggest casual clothing retailer operating under the Uniqlo
brand, said Tuesday it experienced a decline in sales at existing
outlets in August for the first time in 35 months. .... 5 Sep, 2001
Uniqlo rattles investors with store reduction plan.
Shares in Fast Retailing Co Ltd, maker of Japan's red-hot Uniqlo brand,
tumbled on Thursday as jittery investors were spooked by the chain's
plans to cap the number of its stores. .... 24 Aug, 2001
Convenience store sales fall. Sales at Japan's
convenience stores fell 0.8% in July from a year earlier, marking
a turnaround from the year-on-year increase in June, the Japan Franchise
Association said Monday. .... 20 Aug, 2001
New cafes offer broadband experience. With most
homes in Japan not yet ready for high-speed access to the Internet,
more and more "broadband cafes" are sprouting up to offer firsthand
experience with the latest Internet services. .... [more]
16 Aug, 2001
McDonald's unit sees profits fall. Nearly two
weeks after its initial public offering, fast-food chain operator
McDonald's Co. (Japan) Ltd. announced Friday that it posted 12.61
billion yen in pretax profits for the first half of this year, down
9.6 percent from a year earlier. .... [more]
11 Aug, 2001
Mcdonald's Japan trades under IPO price for 3rd day.
Shares in McDonald's Co (Japan) Ltd closed below the top burger chain
operator's initial public offering (IPO) price for the third consecutive
day on Thursday due to concerns over its high valuation. .... 9 Aug, 2001
Deal to more than double Cinnabon bakeries in Japan.
Cinnabon Inc., a unit of AFC Enterprises Inc. said on Wednesday it
has signed a new pact with a franchise partner to more than double
the number of its bakeries in Japan to 130. .... 1 Aug, 2001
McDonald's stages sizzling debut. McDonald's
Co (Japan) Ltd got off to a flying start when it listed in Tokyo,
with retail investors hungry for shares in the top restaurant chain
that has slashed burger prices to tempt tight-fisted Japanese consumers.
.... 27 Jul, 2001
McDonald's debuts on OTC market. McDonald's Co
(Japan) Ltd., a top burger chain in Japan and a leader in the nation's
fast-food industry, went public on Japan's stock market on Thursday,
30 years after its first outlet opened in Tokyo's Ginza. .... 26 Jul, 2001
Tully's Coffee Japan stages smashing market debut.
Tully's Coffee Japan Co Ltd staged a smashing debut on the Nasdaq
Japan market on Wednesday, carried along by the swelling popularity
of specialty coffee shops among Japan's young consumers. .... 25 Jul, 2001
Institutions shun McDonald's Japan IPO. McDonald's
Japan debuts on Japan's Jasdaq market on Thursday in an initial public
offering that has drawn strong demand from retail investors while
institutional investors have largely kept away. .... [more]
25 Jul, 2001
Sales at convenience stores rise. Sales at Japan's
convenience stores rose in June from the year before for the first
time in 11 months, climbing 0.1%, the Japan Franchise Association
said Monday. .... 24 Jul, 2001
Japanese ambitions for McDonald's. Hamburger
chain McDonald's says its first listing on a foreign stock market,
in Japan, will enable it to triple the size of its business in that
country. .... [more]
16 Jul, 2001
McDonald's gambles on teriyaki burgers beating sushi.
Defying uncertainty over whether low-priced hamburgers can defeat
sushi, the Japanese unit of U.S. fast-food giant McDonald's Corp set
its initial public offering (IPO) price on Monday at the top end of
expectations. .... 16 Jul, 2001
McDonald's Japan to set IPO price amid uncertainty.
Amid uncertainty about whether low-priced hamburgers can defeat sushi,
the Japanese unit of U.S. fast-food giant McDonald's Corp will announce
the final price for its initial public offering (IPO) on Monday. ....
15 Jul, 2001
McDonald's Japan sets price for IPO. The Japanese
unit of U.S. fast-food giant McDonald's Corp said on Thursday it set
a tentative price range of 3,000 to 4,300 yen for its initial public
offering (IPO) - one of Japan's biggest bites this year. .... 6 Jul, 2001
Pizza-La parent owes back taxes. Government tax
collectors have demanded that the operator of Pizza-La and its group
companies pay an estimated 120 million yen in back taxes, industry
sources said Monday. .... [more]
3 Jul, 2001
McDonald's Aims to Triple Stores. Den Fujita,
president of the Japanese unit of U.S. fast-food chain McDonald's
Corp said on Thursday that he is aiming to increase the number of
stores to 10,000 and yearly sales to one trillion yen ($8 billion).
.... 28 Jun, 2001
McDonald's IPO Set for Late July. The Japanese
unit of U.S. fast-food chain McDonald's Corp could raise more than
$807.5 million in what would be Japan's largest over-the-counter (OTC)
initial public offering set for late July, brokerage sources said
on Thursday. .... 21 Jun, 2001
Starbucks Japan Workers To Get Stock. Starbucks
Coffee Japan will give stock options to workers, a move that Starbucks
Chairman Howard Schultz says neither confirms nor refutes widespread
speculation that the successful Japanese unit will go public. ....
15 Mar, 2001
Lawson group profit seen Y1 bln below f'cast. Japan's
second-largest convenience store operator Lawson Inc is likely to
post group operating profit of about 42 billion yen ($354 million)
in the year ended February, some 1.0 billion below forecasts, a newspaper
said on Wednesday. .... 7 Mar, 2001
Bibimpap heats up Korean cuisine trend. Hot on
the heels of kimchi and spicy-sweet barbeque, bibimpap is the next
South Korean dish to become a staple at Japanese dinner tables. ....
6 Jan, 2001
Shops ordered to take down racist notice. The
regional branch of the Justice Ministry in Toyama Prefecture has ordered
two automobile parts stores to remove notices printed in English and
Russian that told people they could not enter the stores if they did
not understand Japanese, on the grounds the notices may constitute
racial discrimination, it was learned Saturday. .... 1 Jan, 2001
SURVEY - FOREIGN INVESTMENT IN JAPAN: Urbanites savour
taste of the US. "The interiors are stylish, the mugs are
cute, and the coffee is great. I have been going to Starbucks ever
since they opened four years ago and avoid all other coffee franchises.
.... 17 Nov, 2000
For most of Asia's Sogo stores, business as usual. Shoppers
at most of Sogo's department stores around Asia can be excused for
having little idea of the depth of the Japanese retailer's problems.
.... 13 Jul, 2000
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