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 NEW ZEALAND
FRANCHISE NEWS ARCHIVE
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: : Jul - Dec 2008
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NZ included in baker's aggressive expansion plan. In tough economic times, it seems there's no business like dough business. .... [more]
30 Dec, 2008
Restaurant Brands could lose its coverage. Restaurant Brands, a company which recently dropped out of the NZX 50, is a mid-sized company in danger of losing its analyst coverage. .... [more]
20 Dec, 2008
Wizard to continue servicing $1b in loans despite closure. The closure of Wizard Home Loans will see 25 branches close and more than 80 people looking for new jobs, as life gets tough for non-bank mortgage lenders. .... [more]
17 Dec, 2008
Ministry receives submissions on regulation. The Ministry of Economic Development has received around 30 submissions on its Discussion Document on the Review of Franchising Regulation in New Zealand. .... [more]
10 Dec, 2008
Video fines upset customers. A United Video store owner is being investigated by the Commerce Commission after sending out debt collectors to demand payment for late returns. .... [more]
10 Dec, 2008
Sales up at Restaurant Brands. Restaurant Brands' third quarter sales have edged up a slight 0.8 per cent, as its KFC operation continues to perform well. .... [more]
9 Dec, 2008
Burger Fuel expansion hit by slowdown. Burger Fuel has conceded that its expansion plan is uncertain in the current economic conditions after reporting a $669,000 loss for the half year. .... [more]
8 Dec, 2008
Salon supremo not about to cut back. Rodney Wayne was a household name before he started franchising the business in the late 1980s. Now with a turnover of $50 million, 600 staff and 62 outlets, he is regarded as one of the biggest names in hairdressing in Australasia. .... [more]
5 Dec, 2008
JB Hi-Fi prowling for acquisitions. JB Hi-Fi is looking at opening a further 2-3 stores across New Zealand in the 2009 calendar year, with a long term market goal of around 15 stores in around 3 years. .... [more]
4 Dec, 2008
David Reid Homes South Auckland franchise collapses. A building company has gone into liquidation owing nearly $1.6 million, as the downturn in the housing market continues to go downhill. Pukekohe-based BSB Construction, a franchise of David Reid Homes, has been declared insolvent. .... [more]
2 Dec, 2008
Art of hair. After 40 years in the hairdressing industry, Rodney Wayne is still a cut above the rest, writes Christina Kuntz. .... [more]
2 Dec, 2008
John Key looks at ways to help small businesses cope. Prime Minister John Key says the Government is working on a plan to help small and medium businesses cope with the recession. .... [more]
2 Dec, 2008
Ultimate couch potato pizza on way. Australian chain Domino's is lifting the stakes in the pizza wars with a new offering to entice more females into its stores, and a technological investment that hints at the possibility of ordering pizza via your TV remote control. .... [more]
1 Dec, 2008
Cheaper spec franchise opens shop in NZ. Specsavers, a privately owned international optical group, is investing $20 million in a bid to revolutionise the New Zealand optical market. .... [more]
26 Nov, 2008
McDonald's puts Tahunanui application on hold. Breakfast at McDonald's in Tahunanui will now not be served until 7am each day, with management temporarily dropping plans to seek permission to operate around the clock. .... [more]
26 Nov, 2008
Domino’s tells Pizza Hut to wake up and smell the Meatosaurus. Domino’s Pizza is hitting back at Pizza Hut’s confrontational new ad campaign, saying customers will remember how they were treated when the company held a dominant market share. .... [more]
26 Nov, 2008
Gen-i buys regional franchise. Telecom subsidiary Gen-i has purchased the Real Time Computing franchise in the Manawatu, Wanganui and Taranaki regions for an undisclosed sum. .... [more]
21 Nov, 2008
Rental kills the video store. A high-profile central Wellington business has gone under, with its owner blaming exorbitant rent of more than $23,000 a month for the closure. The former United Video store in Courtenay Place has closed after being placed in liquidation late last month. .... [more]
18 Nov, 2008
Pizza wars take unexpected turn with Hell raising its prices. Hell Pizza is looking to increase its prices in the midst of a recession, but is confident the change won’t drive customers elsewhere. .... [more]
18 Nov, 2008
Hunt on for franchisee. An Auckland finance and factoring company is trying to recover $320,000 from former Wellington Signature Homes franchisee Tom Croad. .... [more]
17 Nov, 2008
Fast food on the menu, but no takers. TPF Group is understood to have put its Burger King and Hell Pizza businesses on the market, but has so far been unable to find a buyer. .... [more]
16 Nov, 2008
Hell Pizza reminded of a deadly sin - greed. A controvesial pizza chain is in more trouble after instructing its stores to reduce the amount of toppings on its pizzas to save money. .... [more]
16 Nov, 2008
Life Pharmacy chain shows gains. Life Pharmacy, New Zealand’s only listed pharmacy retail group, has reported significantly improved store profits compared to last year. .... [more]
14 Nov, 2008
Flooring Brands gains franchise partner. The flooring group which owns the Carpet Court stores has added the country's largest independent carpet retailer, Hills Flooring, to its stable. .... [more]
12 Nov, 2008
Eight businesses in line for Coach business awards. Eight businesses in line for the top NZ Action Coach business awards in Auckland next week The best New Zealand business will be announced at the fourth annual Action Coach Business Awards in Auckland next week. .... [more]
12 Nov, 2008
INTEREST - Muffin Break beans bang on. The Muffin Break chain is claiming a third election victory for its bean poll. .... [more]
11 Nov, 2008
Franchise Awards 2008 - RESULTS. Paramount Commercial Cleaning has been named New Zealand's top franchise for 2008 in a stunning victory for the home-grown system. The Supreme Award for franchisees went to the team at Quest Serviced Apartments, Newmarket. .... [more]
9 Nov, 2008
Green Acres welcomes fraud charges against alleged scammer. The Green Acres Franchise Group has welcomed news a "master franchisee" allegedly behind a multi-million dollar scam has been charged with fraud. .... [more]
6 Nov, 2008
SFO alleges former franchise master fraudulently obtained millions. The man at the centre of fraud allegations involving home maintenance company Green Acres and up to 200 holders of bogus ironing franchises appeared in Auckland District Court today. .... [more]
6 Nov, 2008
McDonalds' workers 'not lovin' it'. The ongoing pay dispute between fast food restaurant McDonald's and its workers is set to heat up today. Striking workers say they will burn an effigy of the McDonald's clown, Ronald McDonald, as they rally outside the chain's quarterly national conference. .... [more]
5 Nov, 2008
VTL Group calls in receiver. In a blow for Nathans Finance investors, who have not received any of their principal back since the finance company collapsed more than a year ago, parent VTL Group is to be placed into receivership. .... [more]
4 Nov, 2008
Company apologies for 'poor taste' pizza ad. Hell Pizza has apologised to Sir Edmund Hillary's family following another controversial promotion, this time featuring a skeletal animation of the revered New Zealander dancing on a grave. .... [more]
3 Nov, 2008
More than mud and water. Tatou International has made its mark in Asia by recreating traditional Maori healing and massage in a luxury day spa. .... [more]
1 Nov, 2008
Rival to Carpet Court emerges. A band of disaffected Carpet Court franchise owners have broken away from the group to form a new rival retail flooring venture. .... [more]
16 Oct, 2008
Wendy's in hunt for 20 store sites. Jones Lang LaSalle's retail specialist team is hunting for properties for a 20-store expansion planned by fast-food chain Wendy's throughout New Zealand. .... [more]
15 Oct, 2008
Fear of failures as small firms start to hurt. Many small and medium-size enterprises (SMEs) are starting to worry that banks won't lend them the cash they need to keep businesses running, or to expand operations. .... [more]
12 Oct, 2008
KFC & Pizza Hut Support World Hunger Relief. KFC and Pizza Hut are set to kick off – World Hunger Relief (WHR) – across all stores in NZ, to raise both awareness around the issue of world hunger and much needed funds to help combat the problem. .... [more]
9 Oct, 2008
Burgerfuel looks to Macca’s for advice. Burgerfuel has hired former McDonald’s NZ chief executive Alan Dunn as a director to assist in its worldwide rollout. .... [more]
9 Oct, 2008
Restaurant Brands’ profit keeps diving. Beleaguered Restaurant Brands, which owns the KFC, Starbucks and Pizza Hutt franchises in New Zealand, took another punch on the nose today, reporting that half year net profit after tax was down 14.7% or $4.6 million on the previous year. .... [more]
9 Oct, 2008
Consumers Price Index review adds franchised services to statistics basket. A review of the goods and services in the Consumers Price Index (CPI) basket has meant that the often-franchised services of lawnmowing and house cleaning will now be reflected in future CPI statistics. .... [more]
7 Oct, 2008
The Best-Kept Secret From Down Under Hits U.S. Shores. New Zealand Natural Ice Cream announces that they will now be available at the Staples LA Live Center in November 2008. The company has quickly expanded from its original roots in New Zealand, the South Pacific, and Asia to now saturating the United States. .... [more]
8 Oct, 2008
A maker of ready-to-go hangi meals in Matamata is looking to expand offshore. Started and run by Ron and Anne Smith in the late 1980s, Puff 'n Billy provides hangi meals for a faster-paced world and is available in some supermarkets. .... [more]
7 Oct, 2008
McDonald’s supports fair pay for employees. McDonald’s New Zealand remains committed to offering fair pay to its 7500 employees across the country, and disputes comments made by Unite Union regarding the company and its wage negotiations in the wake of further strike action announced by Unite today. .... [more]
7 Oct, 2008
Leading Invoice Discounting Provider Welcomes New Franchisee. The Interface Financial Group, New Zealand's largest alternative funding source for small businesses has welcomed its latest franchisee, Maxwells Dry Cleaning founder Laurie Lowther, to its network. .... [more]
7 Oct, 2008
Georgie Pie rerun a huge success. Fans of an old New Zealand fast-food favourite got their fill at the weekend, with the resurrection of a Georgie Pie restaurant in Christchurch. .... [more]
30 Sep, 2008
Furniture maker Ikea eyes south Auckland site. Swedish homewares firm Ikea is bidding to buy 10ha of land in south Auckland to build a store, the Independent business publication says, quoting sources. .... [more]
25 Sep, 2008
Pizza promo putting officials in a pickle. An Invercargill pizza store's take on the human billboard is breaking the rules, the New Zealand Transport Agency says, prompting serious concern from transport authorities. .... [more]
20 Sep, 2008
Harcourts expands in South Africa. Harcourts, a real estate firm founded in Wellington in 1888, is entering the South African market in a joint venture with Homenet Group. .... [more]
18 Sep, 2008
Life pharmacy raises $11.6m through share offer. Life Pharmacy says it raised $11.6 million through a share offer, with the funds to be used for reducing bank debt and funding growth. .... [more]
18 Sep, 2008
Fried chicken still flying out the door, pizza sales cool at Restaurant Brands. Restaurant Brands total sales across its three brands were down 1.3 per cent to $92.4 million in the second quarter, although same store sales increased 1.2 per cent. .... [more]
16 Sep, 2008
Super-sized payout for McDonald's worker. A teenage McDonald's worker who was forced to quit her job after she joined a union has won a super-sized payout. .... [more]
9 Sep, 2008
The Other Side of Hell. A senior Hell Pizza franchisee has spoken out to support the company against allegations being made by a disgruntled operator who closed his five stores. .... [more]
4 Sep, 2008
Mike Pero Mortgages sees positive signs. Mike Pero Mortgages sees some signs of a bottom being reached in home sale volumes but with a significant recovery more likely to be a year away. .... [more]
3 Sep, 2008
Victims of scam want Government help. Defrauded franchisees of the Green Acres scam want the Government to help them fund a legal assault on the company after it declined their demand for compensation. .... [more]
2 Sep, 2008
Meeting with minister over franchise scam. Victims of an estimated $5 million franchising scam are to meet the Minister of Commerce on Sunday to discuss what can be done to help them. .... [more]
31 Aug, 2008
Rumbles of franchisee discontent growing in the depths of Hell. Hell has been torture for Matt Blomfield - so he's auctioning his $830,000 Auckland store for a $1 reserve. Mr Blomfield, a Hell Pizza franchisee, is so fed up with the New Zealand owner TPF Group's handling of the business that he's willing to take a loss selling up his five stores. .... [more]
27 Aug, 2008
Esquires Coffee Houses NZ Signs Major Deal. Middle Eastern coffee house habitués will soon be drinking beverages with New Zealand roots as the result of a deal struck between Esquires New Zealand Limited’s directors and Flamingo Restaurants and Catering Services LLC, a division of the Abu Dhabi-based Al Sayegh Brothers Group. .... [more]
21 Aug, 2008
Franchisers face prospect of regulation. The Green Acres franchising scam, in which dozens of new migrants from China and India were bilked of millions of dollars, has sparked a government clampdown on the sector. .... [more]
18 Aug, 2008
Kenny's Cardiology stores open in NZ. Franchise operator Allied Brands Ltd has opened its first two Kenny's Cardiology stores in New Zealand. The Kenny's business specialises in cards, toys and gifts. .... [more]
18 Aug, 2008
Government Wants Feedback on Franchise Regulation. Commerce Minister Lianne Dalziel has released a discussion document inviting those in the franchise sector to comment on whether franchising in New Zealand needs its own regulatory framework or whether the current voluntary regime offers sufficient protections. .... [more]
16 Aug, 2008
Supermarket chains coy about Liquorland sale. New Zealand's two big grocery businesses are keeping mum about whether they might be interested in buying big liquor retail chain, Liquorland. .... [more]
16 Aug, 2008
Lone Star saddles up in Petone. The Lone Star restaurant chain opens its 19th outlet in Petone, in Lower Hutt, tomorrow, a 120-seat addition to the string of popular TexMex-style eateries. .... [more]
7 Aug, 2008
Scan Conversion Services launches new solution. Australian scanning leader Scan Conversion Services has opened its first international franchise in Christchurch, with a solution to New Zealand’s growing shortage of skilled accounts personnel. .... [more]
7 Aug, 2008
Life Pharmacy looks to raise $9m in rights issue. Life Pharmacy is planning to raise at least $9 million through a rights issue. The three for two renounceable rights issue of partly paid ordinary shares to all shareholders would be at an offer price of 40c per share. .... [more]
7 Aug, 2008
Marriage made in Hell for upset pizza franchisees. There's trouble in Hell as the owners of the Hell Pizza chain face a possible legal battle with some of their franchisees at the same time as the company is looking to raise new capital. .... [more]
3 Aug, 2008
Mike Pero Mortgages branches out into KiwiSaver funds and personal loans. Mike Pero Mortgages is to become the distribution arm for Huljich Wealth Management's KiwiSaver funds. .... [more]
30 Jul, 2008
All-night Big Macs leave a sour taste. Tahunanui residents are upset about the noise and rubbish created by "hoons" who use the suburb's McDonald's drive-through early in the morning, and nearby motel-owners fear the disturbances could cost them business. .... [more]
29 Jul, 2008
Franchising to the rescue. Franchising in New Zealand has enjoyed very strong growth since the late ‘90s. The last Survey of Franchising, sponsored by The National Bank in co-operation with the Franchise Association of New Zealand (FANZ), showed the sector would have grown to be worth well over $7 billion. .... [more]
24 Jul, 2008
Hell pizzas growing in Britain. The two boyhood mates from Karori, Wellington, who created Hell Pizza are expanding their foothold in the northern hemisphere and starting to extend their turf in Australia. .... [more]
21 Jul, 2008
Local scooter business speeds towards growth. Eco-friendly scooter and skateboard company X-Rides Ltd is ramping up its growth prospects, exploring opportunities to franchise the Wellington-region business and undertaking research and development to further improve its products. .... [more]
10 Jul, 2008
Sellers hope Mr Whippy will be hot seller. Franchise ice-cream business Mr Whippy is on the market and the sellers are hoping it will whip up plenty of interest. .... [more]
7 Jul, 2008
Mr Whippy put up for sale. Mr Whippy, the icecream-truck franchise business which has been on New Zealand streets since the 1960s, has been put up for sale. .... [more]
4 Jul, 2008
Nelson's Monaco Hotel & Resort Joins Accor Network. Accor is pleased to announce a new addition to its network today - Grand Mercure Nelson Monaco Apartments, a unique resort village in sunny Nelson. .... [more]
2 Jul, 2008
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