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NEW ZEALAND FRANCHISE NEWS ARCHIVE

 
: : Jan-Jun 2004

Migrant brings Bliss to feet. Going against the trend of New Zealand companies setting up camp in China, Brian Chen is bringing the Chinese to work in Auckland. .... [more] 25 Jun, 2004
Kiwibank seeking Government cash. Kiwibank will need another cash injection for a foray into small business banking. .... [more] 24 Jun, 2004
BBQ Factory turns up heat. The BBQ Factory's month-old foray into large format stores has been so successful it is now planning to open up to 10 megastores in the next five years, including stores in Wellington and Christchurch. .... [more] 21 Jun, 2004
Origin Pacific to get Pero makeover. Origin Pacific's new investors will pump millions into the airline, giving it the full Mike Pero marketing treatment. .... [more] 18 Jun, 2004
Business Expo to return next year. Last month's Business Expo for small and medium-sized businesses will be repeated next year after the event was declared a success by exhibitors and the organisers. .... [more] 18 Jun, 2004
VTL buys Dallas vending company. Auckland-based Vending Technologies Ltd (VTL) has completed the $3.8 million purchase of the Texan vending company Adolphs Vending Service. .... [more] 17 Jun, 2004
Takeaway hangi could be franchised. A Manawatu businessman plans to set up a hangi franchise and is ready to give Colonel Sanders a run for his money. .... [more] 16 Jun, 2004
Caci Group posts improved loss for year. Listed appearance medicine company Caci Group yesterday posted a net loss of $84,000 for the year to March 31, a 95 per cent reduction of last year's $1.638 million loss. .... [more] 16 Jun, 2004
Cutting the risks with a tried and tested concept. In New Zealand franchising appears to be the fastest-growing form of retailing. The capital and managerial demands of business expansion have become burdensome and franchising has become a favoured alternative. .... [more] 11 Jun, 2004
Meet The Mad Butcher. Had his landlord not hiked the rent in 1971, the concept of the "Mad Butcher" might never have been born. .... [more] 10 Jun, 2004
INTEREST - Barista off to give champs his best shot at 'Coffee Olympics'. Not only is 27-year-old Carl Sara an expert and award-winning barista, he co-owns two Muffin Break franchises and flies to Italy on Monday to compete in the "coffee Olympics". .... [more] 9 Jun, 2004
Radius polishes its service via home-help stake. Less than a year after setting up home services franchise At Your Request, Green Acres founder Adrian Kenny has sold 40 per cent of the new business to private health care group Radius Health. .... [more] 6 Jun, 2004
Egg hatches into maternity chain. Business runs in the female genes of Colyn Devereux-Kay's family... she and her daughter now run a fast-growing clothing company, Egg Maternity. .... [more] 4 Jun, 2004
McDonalds loses another link in its chain. A third McDonald's outlet on the North Shore has closed in less than a year, but the company says it is a one-off case. .... [more] 27 May, 2004
KFC spoils share price fightback. Restaurant Brands failed to boost its share price yesterday after revealing more disappointments with its main profit machine, fried chicken chain KFC. .... [more] 26 May, 2004
Fund eyes BBQ Factory. Specialist retail investor StoreFund yesterday detailed its plans to raise up to $30 million through an initial public offering and more than half the cash is already tagged to buy the BBQ Factory. .... [more] 25 May, 2004
Pero shares dip to 94c. Shares in Mike Pero Mortgages listed yesterday at its $1 issue price but had fallen to 94 cents by the close of trade. .... [more] 25 May, 2004
Mike Pero mortgages lists on issue price. Mike Pero Mortgages listed today at its $1 issue price. That means the company is capitalised at $25 million. .... [more] 24 May, 2004
Panel bins offer for Restaurant Brands. The Takeovers Panel has stepped in to terminate a non-compliant takeover offer for Restaurant Brands. .... [more] 18 May, 2004
Laurel and Hardy at the Starbucks cafe. "It's even more farcical than a letter from Nigeria," was one analyst's reaction yesterday to a mysterious takeover offer for listed fast food company Restaurant Brands. .... [more] 15 May, 2004
Backdoor deal closes as IPO beckons. Green Acres has called off the backdoor listing deal it was negotiating with Selector Group but still plans to be on the stock exchange by the end of the year. .... [more] 12 May, 2004
Feel The Force. National Party leader Don Brash will open this year's national franchise conference in Rotorua, where he will deliver a keynote speech to delegates on the topic of 'National's priorities for business'. .... [more] 11 May, 2004
Fish may fly for Restaurant Brands. New Zealand's largest fast-food operator looks at new brands to bolster its chicken and pizza diet. .... [more] 9 May, 2004

Kiwibank proving a tough act for Superbank to follow. New Zealanders are flocking in droves to Kiwibank, which appears to be on track to become profitable ahead of the selfimposed target of June next year. .... [more] 9 May, 2004
INTEREST - Easter Sunday Fight Continues. Retailers are vowing to keep fighting for open trading on Easter Sunday after Parliament voted 60 to 58 against the Shop Trading Hours Bill. .... [more] 6 May, 2004
Mad Dogs operator faces legal hurdle. The main operating company of the hotel-restaurant chain Mad Dogs and Englishmen has been put into liquidation for not paying a business broker's commission. .... [more] 4 May, 2004
Liquorland gets apps on tap. Telecom Advanced Solutions has won a deal worth about $750,000 a year to provide voice and data services and point-of-sale hardware and software to Liquorland's 77-store franchise network. .... [more] 3 May, 2004
Pauline Hanson to visit NZ. Controversial former One Nation leader Pauline Hanson visits New Zealand next week to promote a new company called Mr Moss. .... [more] 30 Apr, 2004
Mike Pero deal reveals Gould's canny leverage. South Island investor George Gould's company, Gould Holdings, has secured a $13.5 million stake in the soon-to-be-floated Mike Pero Mortgages without shelling out a cent of its own money. .... [more] 27 Apr, 2004
Mike Pero hits back at BNZ over ads. Mortgage broker Mike Pero Mortgages has hit back at the BNZ over its recent advertising campaign promoting mortgage products with "broker-free" interest rates. .... [more] 26 Apr, 2004
Mike Pero and BNZ at war. A war of words has broken out between mortgage broking supremo Mike Pero and BNZ over who dropped who first. .... [more] 24 Apr, 2004
INTEREST - Maori women among most entrepreneurial. An international study has reported that Maori women are amongst the world's most entrepreneurial business people. .... [more] 14 Apr, 2004
25 stores defy Easter Sunday ban. After 28 businesses were reported to have breached Good Friday trading bans, a further 25 throughout the country were reported to have traded illegally yesterday. .... [more] 12 Apr, 2004
Subway on a fast roll to success. The global might of Subway, the sandwich fast-food giant that turns over US$7 billion a year - was a happy accident, according to its founder, Fred DeLuca. .... [more] 8 Apr, 2004
Small is good for business. Small businesses have continued to outstrip the economy as a whole, says the National Bank. .... [more] 8 Apr, 2004
KFC blamed for profit drop by Restaurant Brands. The company's problems over the past year have been largely blamed on fried chicken chain KFC, which is the company's main profit engine. .... [more] 1 Apr, 2004
Carlos Scores A Franchise. Carlos Spencer has appeared on plenty of magazine covers in his time, but his appearance on the latest issue of Franchise New Zealand marks the launch of Carlos Spencer - businessman. .... [more] 31 Mar, 2004
Restaurant Brands net profit could curry favour with investors. Fast food firm Restaurant Brands today posted a $8.1 million net profit for the February year, a result brokers say could curry favour with investors. .... [more] 31 Mar, 2004
Mike Pero Mortgages looking for increase on float. Mike Pero Mortgages is looking to raise between $7 million and $10 million in a float on the New Zealand Exchange next month. .... [more] 27 Mar, 2004
RELATED - Tamihere hints at diluted bill. Small Business Minister John Tamihere indicated yesterday that the Government was open to some watering down of amendments to the Employment Relations Act. .... [more] 27 Mar, 2004
Cafe chain extends into historic Devonport hotel. Turkish-born entrepreneur Metin Yildiz has bought the landmark Esplanade hotel in Devonport and is bringing his Mecca cafe chain to the North Shore suburb. .... [more] 26 Mar, 2004
Mad Butcher brings home the bacon. The man who created the highly successful Mad Butcher franchise in New Zealand has returned to his roots. .... [more] 22 Mar, 2004
Bayleys office in hot water with HQ. The future of Bayleys Waikato's status as a franchise office of Bayleys Group is in doubt after the Securities Commission found an investment offered by the Hamilton office broke the law. .... [more] 19 Mar, 2004
Kiwibank on track for profit. Kiwibank yesterday edged close to reporting its maiden profit and signalled that it could soon need another cash injection to enter the business banking market. .... [more] 13 Mar, 2004
Gould to move in on Pero franchise. South Island businessman George Gould has bought a 90 per cent stake in high-profile mortgage brokerage business Mike Pero and signalled his interest in listing the company. .... [more] 11 Mar, 2004
A lot more Lotto on the cards. Lotto is looking old and tired as it loses ground in some centres. But the government-owned money-spinner reckons it has a winning new strategy. .... [more] 7 Mar, 2004
KFC claws back same store sales in fourth quarter. Fried chicken outlet KFC has clawed its way back from a third quarter sales slump to post flat like-for-like sales in the February quarter. .... [more] 5 Mar, 2004
KFC same store sales again a concern to restaurant brands. Fast food operator Restaurant Brands turned in improved February quarter sales figures, but a lacklustre performance by its KFC unit was again evident. .... [more] 5 Mar, 2004
Market stays sceptical of Restaurant Brands 'turnaround.' Troubled fast-food retailer Restaurant Brands was enthusiastic about yesterday's sales figures but the market remained sceptical. .... [more] 5 Mar, 2004
Harcourts continues trans-Tasman push. Harcourts International has continued its trans-Tasman push by entering a joint venture agreement with South Australia's biggest independently-owned real estate group. .... [more] 2 Mar, 2004
Shake-up on the menu in fast-food marketing. Troubled fast-food retailer Restaurant Brands has reshuffled its advertising agencies in a bid to stem sliding sales. .... [more] 25 Feb, 2004
Books icon sale tipped . One of the best-known names in retailing, Whitcoulls, is tipped to be up for sale soon. .... [more] 21 Feb, 2004
Bigger Presence. Harcourts has announced its entry into the Western Australian market with the purchase of Roy Weston Real Estate. .... [more] 21 Feb, 2004
Challenging year for CDL. The country's largest hotel operator, CDL, has reported a flat full-year profit despite eking out a small increase in revenue from its three New Zealand hotel chains. .... [more] 20 Feb, 2004
Small business exhibition space is selling fast. A specialist business expo targeting small and medium sized enterprises (SMEs) has secured five major sponsors and has bookings for one of three available exhibition halls, even though the event it is planning does not open until April 29. .... [more] 20 Feb, 2004
Vending Tech buys into Dallas. Vending Technologies announced on Wednesday it had signed a conditional agreement to acquire a vending business in Dallas, Texas, with an annual turnover of more than $6 million. .... [more] 18 Feb, 2004
Rooms on the move a portable space solution. Fed up with your teenage son moaning about never having any privacy? Help is promised by the country's latest proposed franchise system. .... [more] 15 Feb, 2004
Franchise holder seeks fresh fields. Green Acres, the country's largest franchise operation, is on the acquisition trail and promising to double in size within a few years of listing next month. .... [more] 15 Feb, 2004
Pumpkin Patch launches first store in the Middle East at Lamcy Plaza. Pumpkin Patch, the New Zealand based children's clothing store, recently opened its first store in the Middle East at Lamcy Plaza in Dubai. .... [more] 9 Feb, 2004
NZ Post takes over Books & More chain. New Zealand Post has bought the 50 per cent of franchise retailer Books & More it does not already own from Whitcoulls' owner W.H. Smith. .... [more] 3 Feb, 2004
Hire A Hubby looks for Mums to match. Hire A Hubby has gone and got itself hitched - to a homegrown spouse, Mobile Mums. .... [more] 1 Feb, 2004
US Franchises Looking For Local Partners. Some of the fastest-growing businesses out of the US are to visit New Zealand in April as part of a trade mission aimed at finding local partners. .... [more] 23 Jan, 2004
Selector signs Greenacres deal. Selector Group has signed a conditional sale and purchase agreement with Greenacres Franchise Group. .... [more] 23 Jan, 2004
Global plans for car wash cafes. Matthew Ridge has ambitious long-term plans to go global by taking his upmarket car wash cafe business to the world – starting with the rest of New Zealand. .... [more] 22 Jan, 2004
Shop24 the doorway to Europe. Vending machine company Vending Technologies' new European arm will be used to access export markets for its franchise system. .... [more] 22 Jan, 2004
Payless Car Rental Expands Down Under With New Affiliate Agreement. Payless Car Rental System, Inc. announced today an affiliate agreement with Network Car & Truck Rentals Australia expanding the Payless brand to Australia and New Zealand. .... [more] 20 Jan, 2004
Mitre 10 to open 20 mega stores over next three years. Competition for a share of the growing home renovation retail market is continuing to intensify. .... [more] 14 Jan, 2004
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