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JAPAN FRANCHISE NEWS ARCHIVE

 
: : 2000/2001

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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