FRANCHISE NEWS ARCHIVE
: : Jan - Jun 2007
|Pizza Hut restaurants to disappear. Chairman Ted van Arkel has told the company's annual general meeting they will progressively close down the 15 remaining Pizza Hut restaurants and move the business towards a takeaway and home delivery service. .... [more]
29 Jun, 2007
Restaurant Brands lines up candidates for CEO's job. Restaurant Brands yesterday told shareholders it had a "short-list" of 10-15 candidates to fill the chief executive role as it upgraded its full-year earnings forecast. .... [more]
29 Jun, 2007
Paper Plus hopes new format does the business. Book and stationery retailer Paper Plus is opening new-format stores with a bigger focus on home businesses as it faces growing competition. .... [more]
28 Jun, 2007
INTEREST - What's the beef? Kiwi, of course. New Zealand has scored a big coup in the prized Japanese beef market, being chosen as the sole supplier to fast-food chain Burger King in its campaign to re-enter Japan. .... [more]
21 Jun, 2007
Borders to sell Aussie, NZ bookstores. Global book seller Borders is on track to offload its Australian and New Zealand stores as the US company scales down its international operations. .... [more]
20 Jun, 2007
Public offered a bite of Burger Fuel. Burger bar franchise Burger Fuel is selling 26.7 per cent of the company to the public, starting with a direct offer to its regular customers and over-the-counter investment advice. .... [more]
20 Jun, 2007
New Zealand Natural plans 100 ice cream outlets by 2009. Global ice cream parlour chain New Zealand Natural is embarking on an expansion plan to open 100 outlets by 2009 across India as it aims to take on international brand like Baskin and Robbins. .... [more]
18 Jun, 2007
Business Owner Inducted In To Harcourts Hall Of Fame. Well-known and highly respected Harcourts Business Owner, Graham Viall has been inducted into the Harcourts Hall of Fame which was first launched in 2000 to recognise those who had made a significant contribution to the growth and success of the Harcourts brand. .... [more]
14 Jun, 2007
Kiwi-style burgers conquer UK. A restaurant chain founded by three New Zealanders is turning into one of Britain's most successful new food businesses - a year after the Kiwis sold out for £10 million ($25.7 million). .... [more]
11 Jun, 2007
INTEREST - Pero warns homeowners of mortgage peril. Mr Pero, the founder of a mortgage broker franchise network, says New Zealand is poised to become a nation of renters after the official cash rate, on which mortgages are based, rose yesterday to 8 per cent. .... [more]
8 Jun, 2007
KFC hot but Pizza Hut sales go soggy. Fast-food operator Restaurant Brands has served up more of the same in the first quarter of its new financial year - strong sales at its KFC outlets but sagging Pizza Hut figures. ....
30 May, 2007
Taste of NZ in Glasgow. New Zealand's fresh and fast Reload salad and juice bars are going to pop up all over the UK very soon; the first is now open in Glasgow, brimming with Kiwi energy. .... [more]
30 May, 2007
Australian retailers underestimate Kiwi market. An established trend for Australian retailers to move in on New Zealand shopping centres has picked up momentum in the past two or three years. ....
28 May, 2007
Detective seeing signs. The writing is on the wall for Invercargill detective Derek Millar. After more than 15 years with Invercargill police, the 38-year-old cleared his desk for the last time at the Invercargill station yesterday. On July 2, Mr Millar will enter the business world – opening an Invercargill branch of global signwriting giant Speedy Signs. ....
26 May, 2007
Life Pharmacy confirms loss for year. Life Pharmacy has confirmed advice from Monday of an annual net loss of $6.6 million, including a $6 million write-down on investments. ....
25 May, 2007
Heat goes on rivals in fast-food war. New Zealand's fast-food wars are heating up, with McDonald's revamping its Golden Arch restaurants and revealing plans to open five new outlets each year. ....
21 May, 2007
Franchisebusiness.co.nz Has Had a Dream Debut Year, a Few Weeks Short of its First Birthday. The directory currently has close to four hundred franchise businesses and one hundred advisory services listed. ....
17 May, 2007
Taking NZ businesses to the world. Franchise broker Mark Chan is backing overseas expansion for Kiwi firms - including putting Nature Discoveries into the world's largest planned mall. ....
16 May, 2007
Franchising needs level playing field. Where once there was a local butcher and the local baker, there is now a Mad Butcher and a Baker's Delight. Franchises are taking over businesses across the world but New Zealand's legal protection for often vulnerable franchisees may not be up to scratch. ....
13 May, 2007
Burger-Fuel looks at listing, then the world. Burger-Fuel is nothing if not ambitious. Roberts told NZPA he believed there would be outlets in every suburb around the world in 10 years. "We definitely see ourselves as a global brand." ....
12 May, 2007
Theft charge against Subway worker dropped. Police have dropped a theft charge against a Dunedin Subway worker who was sacked for sharing a drink with a friend during a break. ....
10 May, 2007
Awards handed out at Mike Pero conference. At last week’s Mike Pero Mortgages annual conference held in Wellington, six of the company’s mortgage brokers were recognised as being outstanding contributors to the field. ....
10 May, 2007
Signature Homes operator lies low. The double collapse of Signature Homes' Wellington franchises has hit customers hard and left creditors with nowhere to go but to a man who will not answer the door. ....
9 May, 2007
Students target Subway for sacking worker. Dunedin students are taking up the cause of a Subway restaurant worker facing theft charges for sharing a Diet Coke with a friend during a break. ....
8 May, 2007
Leaving your job for good. Who hasn't dreamed at one time in their career of marching into the bosses' office and uttering the words, "You can stick your pathetic job!" An increasing number of Kiwis are quitting their jobs and buying franchises as an alternative career. ....
7 May, 2007
Subway calls cops over drink-sharing. A food worker who poured two cups of Diet Coke at work without paying for them has lost her job and is facing criminal charges. ....
7 May, 2007
Restaurant Brands' sale prospects wane but remain on the cards. Restaurant Brands' immediate sale chances have cooled but the company remains an appetising medium-term prospect as long as management can reheat the Pizza Hut business. ....
5 May, 2007
Employees challenge contracts. A full-employment market has led to an increase in employees challenging agreements stopping them from working for a competitor or setting up in business for themselves. ....
3 May, 2007
Restaurant Brands says 'no sale'. Restaurant Brands said today it had called off discussions to sell the fast food chains company. ....
2 May, 2007
Pizza boys aim to steal a slice of UK heaven. It's
about 10am on a Tuesday and inside their black-fronted Hell headquarters
Callum Davies and Stu McMullin are kneading dough for their pizza. ....
29 Apr, 2007
Money Managers Ltd appoints Sunil Khemlani. Major
New Zealand financial advisory company Money Managers Ltd has appointed
an investment analyst to its head office staff in Auckland. .... [more]
27 Apr, 2007
Kiwibank put on negative rating outlook. Credit ratings agency Standard & Poor's has lowered its rating
outlook for Kiwibank to negative from stable. .... [more]
27 Apr, 2007
Restaurant brands reports $3.6m year loss, cuts dividend. Restaurant Brands today said it had cut its dividend
after it reported a loss of $3.6 million in the February year. ....
26 Apr, 2007
Marketing by Satellite in Franchise Initiatives. Utilising the internet to support your individual franchisees in marketing their regional businesses to a targeted market is now supported by the latest in website content management (CMS). .... [more]
24 Apr, 2007
Struggling Restaurant Brands talking to one interested
party. Restaurant Brands New Zealand Ltd is down to
talking to one interested buyer and if they don't front with a firm
offer by the end of the month it will be business as usual. .... [more]
12 Apr, 2007
NZ Natural to scoop bigger share of ice-cream mart. Premium brand ice-cream retailer NZ Natural Sdn Bhd plans to almost double its ice-cream sales within the next year to 7,000 scoops per day as it opens more outlets and taps into new market segments. .... [more]
5 Apr, 2007
Pawnbroker empire cashes in on intelligence. Cash Converters franchises in New Zealand, the UK, South Africa, China, the US and Singapore are considering buying the company’s first business intelligence implementation, which has already been rolled out in Australia. .... [more]
3 Apr, 2007
Life Pharmacy considers takeover of Pharmacy Brands. Listed company Life Pharmacy says it is considering a bid for all the shares in the country's largest pharmacy group, Pharmacy Brands. .... [more]
27 Mar, 2007
Borders selling off NZ book stores. Borders bookshops in New Zealand are up for sale as the US parent offloads its international stores. .... [more]
27 Mar, 2007
Can Restaurant Brands avoid a fast-food firesale? There are those who believe departing Restaurant Brands boss Vicki Salmon never had a chance. .... [more]
17 Mar, 2007
Restaurant Brands places order for new boss. Restaurant Brands needs someone at the helm with energy and drive, its chairman says. .... [more]
15 Mar, 2007
Salmon off the Restaurant menu. Head of troubled fast food company Restaurant Brands, Vicki Salmon, has today left her role as chief executive. .... [more]
14 Mar, 2007
Bagel boss offers franchises. Wellington bagel house Wholly Bagels is nearing its 10th anniversary and has decided it's time to take on the rest of New Zealand. .... [more]
12 Mar, 2007
Slow wooing of Restaurant Brands. Restaurant Brands says talks with potential suitors are continuing, though at a slow pace not set by the KFC, Pizza Hut and Starbucks chain operator. .... [more]
9 Mar, 2007
Harcourts Celebrates First 10 Years in Australia. New Zealand’s largest and Australia’s fastest growing real estate group, Harcourts International Ltd, is this month celebrating its first 10 years in Australia, since launching in Queensland in 1997. .... [more]
7 Mar, 2007
VTL makes loss as $Kiwi soars. New Zealand vending technology and franchise company VTL has announced a loss for the six months to 31 December, attributing the result in part to the rising New Zealand dollar. .... [more]
2 Mar, 2007
Domino's falls, despite popularity in NZ. Domino's Pizza reported a 46.2 per cent fall in first-half profit, despite a strong showing from its New Zealand business. .... [more]
20 Feb, 2007
Kidicorp confident there's enough room for Aussie giant too. Australian childcare giant ABC Learning Centres has launched a big push in to New Zealand but NZX-listed Kidicorp is confident demand will keep growing for all players. .... [more]
7 Feb, 2007
Reload expanding via franchises. A Christchurch couple's Reload salad and health juice bar franchise is making smooth progress with its Asian and European expansion plans. .... [more]
22 Jan, 2007
Mike Pero reaches for sky. Mike Pero has had a second shot at going into the air freight business, signing up as the New Zealand agent for low-cost carrier Virgin Blue. .... [more]
16 Jan, 2007
Poppies bookstore business blooming. Business is booming for bookshop owner Jan Wright. The UK-born woman shifted to New Zealand in 2000 after a career in marketing and became involved with an Auckland bookstore called Poppies. .... [more]
15 Jan, 2007
VTL chuffed with its new U.S. investors. VTL Group directors say a cornerstone stake bought by two US-based investors, which was approved by shareholders yesterday, is a vote of confidence in the company. .... [more]
13 Jan, 2007
Butlers goes international with New Zealand cafe. Butlers Chocolates, the Irish confectionery company that also operates 10 cafes around the country, is to open its first international outlet, in New Zealand. .... [more]
7 Jan, 2007
Weather spurs indoor influx. Chipmunks Adventure Playground franchisee Fran de Klerk said the indoor playground had been about 30 percent busier than it usually was at this time of the year. .... [more]
5 Jan, 2007
NZ Natural targets 5 more ice cream outlets. Delinatural (M) Sdn Bhd, the master franchisee for the New Zealand Natural ice cream brand in Malaysia, plans to open five more outlets nationwide this year. .... [more]
4 Jan, 2007
Burger chain seeks bigger market bite. Hamburger chain Burger Wisconsin is aiming to double in size to a chain of about 50 restaurants within three years, after falling off the fast food radar. .... [more]
1 Jan, 2007
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