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NEW ZEALAND
FRANCHISE NEWS ARCHIVE |
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: : Jan - Jun 2006
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Life Pharmacy defends share sale price. Life Pharmacy
directors yesterday defended themselves against accusations they had
sold stock too cheaply to a new investor and diluted existing shareholders'
stakes. .... [more]
30 Jun, 2006
Restaurant Brands replacing Tenon in Top 50. Restaurant
Brands is moving up to the sharemarket's Top 50 index, replacing Tenon.
.... [more]
19 Jun, 2006
Investors in finger-lickin' fun. They invited a director
to "die in a ditch" then enjoyed a slap-up feed of pizza
and fried chicken. It could only be the Restaurant Brands annual meeting
of shareholders. .... [more]
10 Jun, 2006
Hellaby's given nod to sell Rodd and Gunn. Hellaby Holdings'
sale of its stake in menswear retail chain Rodd & Gunn has received
shareholder approval. .... [more]
10 Jun, 2006
A double shot from Starbucks. Starbucks Coffee is planning
a double shot at the market - expanding to perhaps 100 stores throughout
New Zealand. .... [more]
9 Jun, 2006
The Coffee Club Arrives In Auckland. Coffee chain The
Coffee Club has continued its expansion in New Zealand with the opening
of its first store in Auckland. .... [more]
31 May, 2006
Hellaby considers new acquisitions. Hellaby Holdings
is pursuing two or three possible acquisitions as it looks to make
use of a growing pile of cash. .... [more]
31 May, 2006
Pizza weighs on Restaurant Brands. Pizza is weighing
down fast food operator Restaurant Brands, while chicken and coffee
perk up the company's sales figures. .... [more]
30 May, 2006
Chicken chain seeks private equity to spread its wings.
Roast-chicken chain Red Rooster hopes to drum up $2 million in private
equity as it looks to expand the chain. .... [more]
29 May, 2006
Hellaby plans $50m shopping expedition. Investment company
Hellaby Holdings is looking to raise $50 million through capital notes
as it readies for acquisitions. .... [more]
20 May, 2006
Expo aims at small businesses. Small businesses will
get at least some of their wishes fulfilled at an event in Auckland
starting today. .... [more]
10 May, 2006
Burger chain starts legal battle. Fast food chain Burger
Wisconsin has fired the first shots in what could become a courtroom
battle over valuable intellectual property rights. .... [more]
2 May, 2006
McDonald's Marketing Under Fire. McDonald's will have
to rethink the way it markets its products to children, if proposals
before the health select committee are eventually passed into law.
.... [more]
30 Apr, 2006
Dick Smith powers up its offerings with megastores.
Electronics retailer Dick Smith has flipped on the switch for a new
chain of consumer electronics megastores specialising in entertainment
products. .... [more]
26 Apr, 2006
Fight is on for bigger, better slices of pizza. It's
essentially a slab of dough smothered in cheese and various toppings.
Nevertheless, there's big money to be made in pizza, still a favourite
fast food with Kiwis. .... [more]
25 Apr, 2006
Vehicle testing franchise deal disputed in court. Vehicle
Testing New Zealand wants to take over a testing station in Hamilton,
claiming breaches of its franchise agreement. .... [more]
22 Apr, 2006
Mike Pero reports 12.5pc fall in profit. Mike Pero Mortgages
today reported a 12 per cent fall in net profit to $1.41 million in
the nine months to March 31. .... [more]
20 Apr, 2006
Beauty therapy a mobile offering. Fancy a facial behind
the filing cabinet, a back wax in the bathroom or nail extensions
in the nursery? Then call mobile hair and beauty company Beauty on
Demand. .... [more]
17 Apr, 2006
Restaurant Brands reports profit dip. Fast food operator
Restaurant Brands today reported a 5 per cent full year profit drop
and announced plans to sell its troubled Australian businesses. ....
[more]
6 Apr, 2006
Fast-food firms agree to phase out youth rates. It seems
teenagers have made their voices heard as KFC, one of New Zealand's
largest youth employers moves to abolish youth rates. .... [more]
25 Mar, 2006
Plastic Box buys Para NZ franchise. Storage solution
specialist Plastic Box has paid a six-figure amount for the New Zealand
master franchise of Para Rubber. .... [more]
22 Mar, 2006
Sotheby's moves into New Zealand. Sotheby's International
Realty Affiliates has expanded its luxury real estate network to New
Zealand by awarding the exclusive master franchise rights for the
country. .... [more]
22 Mar, 2006
Kiwibank to buy 51 per cent of NZ Home Loan. State-owned
Kiwibank is about to take a bigger bite of the country's home loan
market with the purchase of a majority stake in the country's biggest
non-bank home loan lender. .... [more]
22 Mar, 2006
Mixed reaction to Body Shop takeover. Animal rights
groups in New Zealand have a mixed reaction to the imminent takeover
of Body Shop by cosmetics giant L'Oreal of France. .... [more]
21 Mar, 2006
Para Rubber bought by Plastic Box. Storage solutions
company Plastic Box is buying Para Rubber, which was founded by George
Skellerup in 1910. .... [more]
20 Mar, 2006
Mike Pero's home mortgage portfolio keeps on growing.
Listed financier and takeover target Mike Pero Mortgages expects to
have written almost $4 billion of home mortgages over a three-year
term. .... [more]
18 Mar, 2006
Hell Pizza May Be For Sale; Dominos Could Buy. New Zealand
pizza chain Hell Pizza is understood to be up for sale and it may
be an attractive proposition for Australian-listed Dominos Pizza Australia
New Zealand Ltd. .... [more]
17 Mar, 2006
Mcdonald's pay dispute remains bitter. Negotiations
between fast food retailer McDonald's and the Unite Union over minimum
wage payments continue to be tense. .... [more]
17 Mar, 2006
Victoria's appetite for pizza just keeps falling away.
Fast food franchise operator Restaurant Brands will further write
down its Pizza Hut investment in Victoria as fourth-quarter sales
for the brand fall. .... [more]
10 Mar, 2006
Payless Plastics has plan for expansion. Christchurch
businessman John Arbuckle plans to double the number of Payless Plastics
stores in New Zealand after buying the retail chain from Auckland-based
receivers in February. .... [more]
4 Mar, 2006
Wait-and-see approach on direction of Mike Pero Mortgages.
Mike Pero Mortgages' new majority shareholder, New Zealand Finance,
and blocking stakeholder Liberty Finance are taking a wait-and-see
approach on how the two new owners will work together. .... [more]
3 Mar, 2006
Pam urges KFC to end chicken abuse. Former Baywatch
star Pamela Anderson has written to KFC managers in New Zealand asking
them to eliminate abuse of chickens that end up in the restaurant
chain's buckets. .... [more]
2 Mar, 2006
Mike Pero shareholders could seek to have its shares delisted.
Mike Pero cornerstone shareholders Liberty Financial and New Zealand
Finance may seek to delist the mortgage broker's shares, says corporate
adviser Crighton Anderson. .... [more]
1 Mar, 2006
INTEREST - You can't beat the systems: businesses need them.
"I just want to get on with what I enjoy doing I don't
want to spend my time on all these systems and processes." This
is not an uncommon comment from small business owners. .... [more]
13 Feb, 2006
Union accuses McDonald's of bullying staff. Fast food
operator McDonald's yesterday denied threatening Auckland staff with
legal action for campaigning for better wages and conditions. ....
[more]
11 Feb, 2006
Mike Pero reports profit lift. Takeover target Mike
Pero Mortgages has reported an almost 20 per cent rise in first-half
profit, giving investors food for thought as suitor New Zealand Finance
Holdings launches its second takeover attempt today. .... [more]
10 Feb, 2006
Liberty expected to seek Mike Pero board seat. New Zealand
Finance Holdings said it would expect Liberty Financial to bid for
a seat on the Mike Pero Mortgages board now it had obtained a 10.1
per cent stake. .... [more]
8 Feb, 2006
Have hair dryer, only too happy to travel. Sharon Kenny's
one-year-old franchise beauty on demand, - or b.o.d as it is better
known - has just notched up $1 million in franchisee sales and Kenny,
43, is preparing to take the brand into the United States and Britain.
.... [more]
7 Feb, 2006
Pharmacybrands Opens First Smart Pharmacy. Pharmacybrands
has officially opened its first Smart Pharmacy store in Palmerston
North today, the start of a nationwide rollout. .... [more]
7 Feb, 2006
Mussel Boys: New Zealand's official fast food. Matt
Lint is passionate about molluscs - not just any mollusc, that is,
but green-lipped mussels from the Marlborough Sounds. .... [more]
3 Feb, 2006
Mike Pero keen on new offer. New Zealand Finance has
unleashed a king hit offer for Mike Pero Mortgages which has won support
from the company's founder. .... [more]
1 Feb, 2006
Slot into self-employment. Ex-restaurateur Peter Gordon
decided to buy a Jim's Mowing franchise to gain freedom of lifestyle
while remaining his own boss. .... [more]
30 Jan, 2006
Fresh takeover bid for Mike Pero. Shares in Mike Pero
Mortgages jumped 8 cents to a record $1.10 yesterday after New Zealand
Finance Holdings said yesterday it intended to launch fresh takeover.
.... [more]
28 Jan, 2006
Pharmacy chain profits hit by flat Christmas sales.
Flat Christmas trading has prompted a profit downgrade for Life Pharmacy.
.... [more]
28 Jan, 2006
Hotel chain set for airport deal. Global hotel chain
Accor plans to build a hotel on the grounds of Auckland International
Airport, with a deal expected to be signed within days. .... [more]
25 Jan, 2006
CDL Hotels to rebrand. New Zealand's largest hotel operator,
CDL Hotels New Zealand Ltd, is to change its name to Millennium &
Copthorne Hotels New Zealand Ltd. .... [more]
17 Jan, 2006
More stores for Restaurant Brands. Fast-food operator
Restaurant Brands confirmed yesterday that it would open seven new
and refurbished stores across its three brands by the end of the quarter.
.... [more]
17 Jan, 2006
Buyout of Mike Pero rejected. New Zealand Finance's
$20.5 million takeover offer for Mike Pero Mortgages has been resoundingly
rejected by the mortgage broker's minority investors. .... [more]
14 Jan, 2006
Brumby's looking at expanding into sandwich market.
Bakery chain Brumby's is considering rolling out new concept stores
across New Zealand and Australia. .... [more]
5 Jan, 2006
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