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 NEW ZEALAND
FRANCHISE NEWS ARCHIVE
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: : Jul - Dec 2006
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Student wins own franchise. Hamilton woman Briar Collins went from full-time student to franchise owner in a matter of minutes. .... [more]
22 Dec, 2006
Freightways buys Pete's Post. Freightways is buying the Pete's Post mail delivery business for $1.3 million. .... [more]
19 Dec, 2006
Pizza company changes name. Domino's Pizza Australia New Zealand Ltd has changed its name to Domino's Pizza Enterprises Ltd. .... [more]
18 Dec, 2006
Boycott Hell Pizza, says Catholic paper. A Catholic newspaper is calling for a boycott of Hell Pizza in response to a recent condom mail-out. .... [more]
18 Dec, 2006
Golden eggs from KFC prove revamp a success. New-look stores and a new product range for the KFC fast food chain continued to drive sales growth for Restaurant Brands in the third quarter. .... [more]
13 Dec, 2006
VTL keeps nervous eye on exchange rate. Vending technology firm VTL Group will make a first-half loss but a profit in the full year, as long as the exchange rate does not rise any further, the company says. .... [more]
13 Dec, 2006
Icecream ambition to lick US market. Businesswoman Diane Foreman is hoping the expansion of the New Zealand Natural Ice Cream franchise into the United States is just the tip of an iceberg. .... [more]
5 Dec, 2006
Investors paying $10.6 million for 19.9% of VTL. Two high-profile Boston-based investors are paying a total of approximately $NZ10.6 million ($US7,308,284) to each purchase 9.95% shareholdings in NZX-listed VTL Group Ltd. .... [more]
5 Dec, 2006
It's a $15m hell of a way to eat a pizza. The cheeky Wellington pizza chain that named its pizzas after the seven deadly sins has sold for about $15 million to the New Zealand franchise holders of Burger King. .... [more]
2 Dec, 2006
Appetite for innovation at Subway NZ. Subway New Zealand has launched an electronic pre-pay card and loyalty system, proving once again that this country is an excellent testing ground for the international fast-food business. .... [more]
1 Dec, 2006
Fast-food firm sets its cap at takeover. Restaurant Brands, the operator of the KFC, Starbucks and Pizza Hut chains, appears to be dressing itself up for a takeover, with Australian private equity firms seen as the most likely buyers. .... [more]
1 Dec, 2006
Hell roasted for condom stunt. The Advertising Standards Authority has agreed Hell Pizza's 'Lust meat-lovers' pizza promotion breached the advertising code of ethics. .... [more]
30 Nov, 2006
Transtasman baking franchise Brumby's expands. Transtasman baking franchise Brumby's Bakeries will open its 23rd store in this country, in Whangarei, next week and says it plans to add as many as three more in the coming year. .... [more]
24 Nov, 2006
Top Honours In Franchise Awards. National Electrical Contracting Company and Hamilton Childcare Business take Supreme Honours in 2006 Westpac New Zealand Franchise Awards. .... [more]
20 Nov, 2006
Whole Hog loses part. The Loaded Hog Brewing Company Ltd has been placed in liquidation at the request of creditors including the Customs Department. .... [more]
19 Nov, 2006
Hot Kiwi company comes back across the ditch. New Zealanders Edmund George and Danny Hochberg are the brains behind holySheet!, an irreverent linen and homewares chain which is one of the fastest growing franchises in Australia. Now the 40-something businessmen are bringing their company home. .... [more]
16 Nov, 2006
Hell condom promotion NZ's most complained about. A promotion for Hell Pizza that had about 170,000 condoms dropped in New Zealand letterboxes has now become the country's most complained-about advertising campaign. .... [more]
14 Nov, 2006
Ikea to arrive in 2008. Swedish homeware giant Ikea - famed for its cheap and stylish flatpack furniture - plans to open a store in Auckland within the next two years, the Business Herald has learned. .... [more]
6 Nov, 2006
Hell Pizza under fire over condom promotion. Hell Pizza's latest "condom" promotion has fuelled public anger and brought about 30 complaints to the Advertising Standards Authority in a matter of hours. .... [more]
2 Nov, 2006
VTL’s vending machines offer healthy options. There is nothing difficult about delivering healthy food through vending machines, says Gary Stevens, Chairman of vending machine company VTL Group Ltd. .... [more]
27 Oct, 2006
McDonald's disappointed at being dumped by police. Fast food giant McDonald's is "extremely disappointed" at being dumped by police as the sponsor for their road safety campaign in schools, but child health advocates are praising the move. .... [more]
19 Oct, 2006
VTL to vend its software in States. Listed vending machine business VTL Group plans to boost revenue by licensing its technology to potential competitors in the United States. .... [more]
13 Oct, 2006
Pizza Hut depresses Restaurant Brands result. A hefty writedown of its Pizza Hut operations in Victoria, Australia, depressed Restaurant Brands' September half year net profit to just $200,000. .... [more]
12 Oct, 2006
BBQ Factory on fastburner. Faced with increased competition from The Warehouse and Mitre 10 - which is selling barbecue hardware - BBQ Factory is expanding into garden furniture and homewear for outdoor living. .... [more]
11 Oct, 2006
Domino's plans to deliver new pizza outlets. Domino's Pizza plans to increase its 58 franchises to 85 in the next two years despite increased expansion by its upmarket rival Hell Pizza. .... [more]
4 Oct, 2006
Green Acres Rewards Franchisee Excellence. Hamilton couple, Andrea and Barry Dorn have won the 2006 Green Acres Master Franchise of the Year Award. .... [more]
3 Oct, 2006
McDonald's new ads: Would you like some facts with that? McDonald's is rolling out the next phase of its myth-busting Take a Closer Look campaign with new packaging from the middle of next month. .... [more]
28 Sep, 2006
Burger King gobbling up Hell. Burger King operators in New Zealand are planning to buy Hell Pizza for up to $15 million and want to aggressively expand the chain once its purchase is final, probably at the end of this week. .... [more]
21 Sep, 2006
VTL finance arm's fortunes grow with new markets. Strong growth at listed vending machine business VTL Group's subsidiary Nathans Finance is expected to continue as new markets are developed, the company says. .... [more]
20 Sep, 2006
Pero ready for more active role in firm. Mike Pero, the founder of Mike Pero Mortgages, is ready to take a more active role under the brokerage's new Australasian ownership. .... [more]
19 Sep, 2006
Rumour of Pizza Hut sale dismissed. Tough conditions for Pizza Hut dragged down Restaurant Brands' second quarter sales, but speculation the pizza business could be sold is being dismissed. .... [more]
19 Sep, 2006
Timaru Versatile Franchise Tops New Zealand. Timaru's Pierre Coulter has won the Versatile Buildings Franchise of the Year Award. .... [more]
19 Sep, 2006
Takeover of Mike Pero Mortgages complete. The takeover offer for Mike Pero Mortgages Ltd is now unconditional. .... [more]
18 Sep, 2006
What the Hell is going on at gourmet pizza business? Hell Pizza says it is planning a tilt at the country's biggest fast-food chain, Restaurant Brands, but the listed company says that is just "dribble". .... [more]
15 Sep, 2006
Hell heats up fast-food market. Burger King is completing due diligence to buy Hell Pizza, which may have big plans of its own involving Restaurant Brands' Pizza Hut chain. .... [more]
14 Sep, 2006
Action Stations For Wellington Business Expo. Action International is giving visitors to The Business Opportunities and Franchise Expo this month something juicy to enjoy after lunch – free business growth tips. .... [more]
13 Sep, 2006
Green Door objects to rival's sale tactics. A commission-free real estate agency has complained to the Commerce Commission about a rival estate agent taking credit for the sale of a Henderson home. .... [more]
13 Sep, 2006
Fast food chain a juicy takeover titbit. Restaurant Brands is looking like a tasty target for takeovers after early renewal of its KFC and Pizza Hut franchises. .... [more]
11 Sep, 2006
S8 completes Gullivers takeover. Queensland travel company S8 said today it had 93.9 per cent control of Gullivers Travel and would move to compulsorily acquire the rest. .... [more]
7 Sep, 2006
VTL dispenses huge profit turnaround. VTL expects to generate franchise fees of at least $180 million in the next three to five years. .... [more]
6 Sep, 2006
Harcourts Announces Full Ownership of Mortgage Co. Harcourts International Limited announced today that it is now the full owner of the mortgage broking company it was instrumental in setting up eight years ago, Mortgage Express Limited. .... [more]
6 Sep, 2006
Nando’s New Zealand spreads its wings! Nando’s is set to spread its wings in New Zealand following the sale of its national franchise. .... [more]
6 Sep, 2006
Downloads force Blockbuster merger. In a sign of the looming decline for the traditional movie rental and music retail business, Blockbuster is merging with CD chain Sounds. .... [more]
5 Sep, 2006
Mike Pero offer gets the nod. Mike Pero Mortgages' independent director has advised shareholders to accept New Zealand Finance and Liberty Financial's offer for the shares and options in the company they do not already own. .... [more]
5 Sep, 2006
Aussies hungry for fast food. Restaurant Brands' plunging share price has put New Zealand's only listed fast food operator firmly back on the takeover agendas of hungry Australian private equity players. .... [more]
3 Sep, 2006
Restaurant Brands shares slump after profit warning. Shares in Restaurant Brands slumped 21 per cent to an eight year low today after the company issued a profit warning yesterday. .... [more]
31 Aug, 2006
New Retail Mecca For Girls. Trelise Cooper celebrated the opening of her "Trelise Cooper Kids" concept store on Saturday, and has future plans to develop a franchise opportunity. .... [more]
27 Aug, 2006
McDonald's NZ Invites Closer Inspection. McDonald's New Zealand is going on the front foot with a concerted campaign inviting the public to take a closer look at its business. .... [more]
24 Aug, 2006
Domino's posts fat pizza profit. Pizza maker Domino's Pizza Australia New Zealand Ltd believes a push into the European market is the key to growing future profits. ....
[more]
21 Aug, 2006
Restaurant Brands Renews KFC Franchise Agreements. Restaurant Brands New Zealand Limited is pleased to announce that it has signed a new KFC Master Franchise Agreement with Yum, the franchisor of its KFC and Pizza Hut brands. .... [more]
14 Aug, 2006
Pero may lose place on board in takeover. The founder and public face of Mike Pero Mortgages may find himself without a seat on the board at the end of the current takeover bid. .... [more]
10 Aug, 2006
Policeman walks the corporate beat. Renovating a dilapidated horse float kick-started a fledgling coffee cart business set to franchise nationwide next year. .... [more]
7 Aug, 2006
BurgerFuel to add Sydney to its menu. BurgerFuel plans to get its gourmet burger chains sizzling across the Tasman, with a store to open in Newtown, Sydney, by the end of the year. .... [more]
31 Jul, 2006
Reviving Pizza Hut the big challenge. Finding a winning
formula for the Pizza Hut chain remains the biggest challenge for
Restaurant Brands, new chairman Ted van Arkel says. .... [more]
22 Jul, 2006
Right fit for BurgerFuel founder. When Chris Mason came
up with the idea for his BurgerFuel burger bars 11 years ago, it was
a toss-up between that or a dress shop. .... [more]
17 Jul, 2006
Harvey Norman confirms Masterton store. Multinational
retail chain Harvey Norman is to open a Masterton store that will
employ up to 40 people. .... [more]
17 Jul, 2006
VTL to set up finance arms. Listed vending machine business
VTL Group plans to set up finance companies in Australia and the United
States to raise money to fund the purchase of its franchise brands.
.... [more]
13 Jul, 2006
Why build when you can buy ready-made? What do Pak 'N
Save, The Wiggles and Fastway Couriers have in common? They are all
franchise chains. John McCrone looks at why buying a franchise can
be the best way to get into business. .... [more]
10 Jul, 2006
KFC rebounds with new stores. Fried-chicken chain KFC
is speeding up store upgrade plans as the radical new formats help
claw back its "share of stomach". .... [more]
10 Jul, 2006
Secret Recipe expands to NZ, India. Secret Recipe Cakes
& Cafe Sdn Bhd, which already has 120 outlets in South-East Asia,
is reaching out to New Zealand and India through franchising. ....
[more]
7 Jul, 2006
Domino's pizza Europe. Europeans will see a lot more
of the box with the dots after Domino's Pizza Australia New Zealand
yesterday finalised buying 155 stores there. .... [more]
5 Jul, 2006
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