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NEW ZEALAND FRANCHISE NEWS ARCHIVE

 
: : Jan - Jun 2006

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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