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 JAPAN
FRANCHISE NEWS ARCHIVE
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: : 2002
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Family Mart seeks new investors. Siam Family Mart
Co is looking at ways to salvage its troubled Family Mart convenience
store chain, including the option of selling a stake in the Thai-Japanese
joint venture firm. .... [more]
28 Dec, 2002
Planned closure of outlets heralds McDonald's loss.
McDonald's Holdings Co. (Japan) Ltd. said Friday it expects to post
a group net loss of 2.33 billion yen for the business year through
December, falling into the red for the first time in nearly three
decades. .... [more]
21 Dec, 2002
Seven-Eleven, Toyota in outlet tieup. Seven-Eleven Japan
Co., the nation's largest convenience store chain, said Tuesday it
has forged an alliance with Japan's No. 1 automaker, Toyota Motor
Corp., on the construction of Seven-Eleven outlets. .... [more]
4 Dec, 2002
Starbucks sees interim profit fall 55% in fiscal first half.
Starbucks Coffee Japan Ltd. said Wednesday its net profit for the
first half dropped 54.9 percent year-on-year to 220 million yen, battered
by the declining popularity of its coffee shops. .... [more]
21 Nov, 2002
Tully's to open green tea shops. Foodx Globe Co, which
operates Tully's coffee shops in Japan, said Wednesday it will open
shops specializing in green tea starting in December. .... 14 Nov, 2002
Convenience store sales down for 15th straight month.
Sales at convenience stores in Japan fell 2.1% in September from a
year earlier on a same-store basis, marking the 15th month of year-on-year
decline, the Japan Franchise Association said Monday. .... 22 Oct, 2002
Fast Retailing posts 47% profit drop as intensified competition
takes toll. Fast Retailing Co., a casual-clothing retailer
known for its Uniqlo brand, said Thursday its parent-only net profit
for the 2001 business year plummeted 46.8 percent from a year earlier
to 31.52 billion yen. .... [more]
18 Oct, 2002
McDonald's May Woo Japan with Krispy Kreme. Japan's
top restaurant chain, McDonald's Holdings Co., may be finalizing plans
to partner with U.S. sweet-treat giant Krispy Kreme Doughnuts, Salomon
Smith Barney said in a note on Tuesday. .... 15 Oct, 2002
Seven-Eleven's profit up 4.1%. Seven-Eleven Japan Co
said Thursday its group net profit for the half year ended Aug 31
rose 4.1% from a year earlier to 44.47 billion yen due to a brisk
performance in its core convenience store operations. .... 11 Oct, 2002
Ministop posts 44% rise in profit. Ministop Co said
Wednesday its group net profit rose 44.6% to 3.11 billion yen for
the fiscal first half ended Aug. 31 due to a one-time gain from selling
equities holdings. .... 9 Oct, 2002
First Japan Pret a Manger sandwich store opens. The
first Pret A Manger sandwich store opened in Japan Wednesday and the
London-based chain says it hopes to open 79 more by 2004. .... [more]
26 Sep, 2002
Duskin president to resign over dumpling scandal. President
Takeshi Ueda of Duskin Co said Wednesday he will resign to take responsibility
for sales of meat dumplings containing a banned additive through the
company's franchised Mister Donut fast-food restaurant chain. ....
26 Sep, 2002
Uniqlo aims to be leader in Chinese market. Fast Retailing
Co, a leading casual-clothing retailer known for its Uniqlo brand,
has announced a plan aimed at making its clothes the most popular
on the Chinese market. .... 24 Sep, 2002
Overseas retailers, Shoulian in talks to open Beijing 7-11 stores.
Japan's Ito Yokado and President Chain Store Corp, which is based
in Taiwan Province, plan to link up and open 500 Seven-Eleven convenience
shops in Beijing. .... [more]
16 Sep, 2002
Two Japanese Chains to Open in China. Two of Japan's
largest convenience store chains - Seven-Eleven and FamilyMart - plan
to bring their 24-hour, one-stop shopping to China as early as next
year, a newspaper reported Sunday. .... 8 Sep, 2002
McDonald's gets record customers in August due to price cut.
McDonald's Holdings Co (Japan) Ltd said Monday the number of customers
visiting its outlets hit a monthly record in August for the first
time in 17 months thanks to its latest price cut on regular hamburgers.
.... 3 Sep, 2002
Pret A Manger to open 1st outlet in Japan in Sept. McDonald's
Holdings Co (Japan) Ltd said Friday its joint venture with Pret A
Manger, a sandwich shop chain in Britain, will open its first outlet
in Tokyo's Hibiya district on Sept 25. .... 26 Aug, 2002
Starbucks, Tully's do battle in famously fickle market. Not
satisfied with staring each other down across the street corners of
Seattle, Starbucks and Tully's have taken their fight outside. Outside
the country - to Japan. .... [more]
22 Aug, 2002
Convenience store sales down for 13th straight month. Sales
at convenience stores in Japan fell 5.2% in July from a year earlier
on a same-store basis, marking the 13th month of year-on-year declines,
the Japan Franchise Association said Tuesday. .... 21 Aug, 2002
McDonald's Japanese woes mount. McDonald's Japanese operations,
struggling with a persistent recession and fears over mad-cow disease,
has seen its shares fall to a fresh lifetime low. .... [more]
5 Aug, 2002
May convenience store sales down. Sales at convenience stores
in Japan deceased 1.8% in May from a year earlier on a same-store
basis, marking the 11th straight month of decline, the Japan Franchise
Association said Thursday. .... [more]
22 Jun, 2002
Duskin won't open any more Mister Donut shops until March.
Duskin Co President Takeshi Ueda pledged Friday to refrain from opening
new Mister Donut shops until next March in view of the public outcry
over the company's handling of a banned antioxidant found in its meat
dumplings. .... [more]
1 Jun, 2002
Starbucks posts record sales. Starbucks Coffee Japan
Ltd said Wednesday it chalked up record sales of 47.5 billion yen
on a parent-only basis in fiscal 2001 to March 31, up 63.2% from the
previous year, as a result of actively opening new outlets. .... [more]
23 May, 2002
Convenience store sales down for 10th straight month.
April sales at convenience stores in Japan fell 1.9% from a year earlier
on a same-store basis, marking the 10th straight month of decline,
the Japan Franchise Association said Monday. .... 21 May, 2002
McDonald's 'to offer web access'. McDonald's fast-food
burger restaurants in Japan are reportedly about to offer equally
speedy access to the web. .... [more]
7 May, 2002
McDonald's To Drastically Cut Shop Openings This Year.
McDonald's Co. (Japan) Ltd. will significantly reduce store openings
this year, as a result of large-scale reorganizations occurring in
the Japanese retail sector, a company spokesman said Tuesday. ....
15 Apr, 2002
Seven-Eleven remains biggest retailer. Seven-Eleven
Japan Co is believed certain to retain its position as Japan's largest
retailer for the second consecutive year, according to an earnings
report released Thursday. .... 12 Apr, 2002
Convenience store sales down. Sales at Japanese
convenience stores fell 1.5% in February from a year earlier on a
same-store basis, marking the eighth straight month of decline, the
Japan Franchise Association said Wednesday. .... 20 Mar, 2002
Big Mac to close 130 stores. McDonald's would
shut a record 130 stores in Japan this year and cut the number of
new burger bars planned by 23 per cent, as recession forced large
shopping complexes to close, the company said. .... 18 Mar, 2002
Japan's Hankyu to merge two hotel units. Japanese
regional railway operator Hankyu Corp said on Wednesday it would merge
its wholly owned subsidiaries Dai-Ichi Hotel Ltd and Hankyu Hotels
on April 1 to speed up their profit-generation efforts. .... 6 Feb, 2002
Jollibee acquires US-based Japanese fastfood business.
Jollibee Foods Corp. (JFC), the country's leading fastfood
firm, has started its foray into foreign food concepts to complement
existing products. .... 11 Jan, 2002
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