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 NEW ZEALAND
FRANCHISE NEWS ARCHIVE
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: : Jan-Jun 2002
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Chicken giant eyes NZ perch. The world's second largest
chicken restaurant chain, Popeyes Chicken & Biscuits, is considering
a move into New Zealand. .... [more]
26 Jun, 2002
Green Acres Tops Lotto. It's official - Green Acres
has now ousted Lotto as the nation's largest franchise business. As
at 1 June 2002, Green Acres had 665 franchisees, while the Lotteries
Commission claims 617. .... [more]
7 Jun, 2002
US doughnut chain heads for Australasia. US identity
Krispy Kreme Doughnuts has announced its first franchise agreements
in Australia and New Zealand, the first agreements outside North America.
.... 6 Jun, 2002
Kiwibank branches out. Kiwibank will start the
second phase of its branch rollout next week. The state-owned bank
has already opened 140 branches in NZ Post corporate stores, and the
next phase involves at least 100 more branches in post franchises.
.... [more]
1 Jun, 2002
Sales up for Restaurant Brands. Sales in fast-food operator
Restaurant Brands jumped 9.3 per cent in the first quarter with all
three food businesses recording sales growth. .... 30 May, 2002
100 jobs risked in Amie failure. Women's clothing chain
Amie has gone into receivership, leaving more than 100 jobs at risk
with no chance of redundancy. .... [more]
30 May, 2002
Valuers take on franchise. Colliers International has
set up its first New Zealand valuation franchise, Colliers International
Wellington Valuation Ltd. .... 28 May, 2002
Queuing up for Kiwi-owned coin. Within the next few
months green and red Kiwibank branches will be (almost) everywhere.
Kevin Taylor asks if we're going to get a good deal. .... [more]
22 May, 2002
Delicious Food Direct. Two franchise experts have put
their money where their mouths are to develop Hey-Joe. .... [more]
20 May, 2002
Sparks fly over KFC shares. Big Restaurant Brands investor,
Los Angeles sharebroker Peter Schiff, is furious that chief executive
Jim Collier is set to become a dominant shareholder in the KFC flagship
via a $3 million company loan - without Mr Schiff's knowledge or okay.
.... 18 May, 2002
Restaurant Brands Plots Future. Restaurant Brands is
likely to add a new fast food brand within the next few years according
to CEO Jim Collier. .... [more]
17 May, 2002
Kiwibank not able to sustain discounts - KPMG. Kiwibank
will not be able to sustain its discounting policy indefinitely, KPMG
banking chairman Andrew Dinsdale said today. .... 16 May, 2002
Police fast-food ruling 'petty'. Police national headquarters
has asked fast-food outlets not to give a discount to uniformed or
plain-clothes police, as many franchises have chosen to do. .... 14 May, 2002
Seminar For Would-Be Franchisors. Some of the country's
leading franchise experts will be holding a seminar for would-be franchisors
in Auckland this week. .... [more]
13 May, 2002
Good start to year lifts spirits at CDL. In contrast
to last year's two hour grilling, this year's CDL Hotels annual meeting
was a much more gentle affair. .... [more]
10 May, 2002
Franchise Group Wins Against Boss. In a bitter employment
dispute, the Franchise Association of New Zealand (FANZ) has won the
day in the Employment Tribunal against its first, and now former,
chief executive Trevor Allsebrook. .... [more]
9 May, 2002
AMP to stay in Restaurant Brands. Active investors AMP
Private Capital says it has no intention of selling any more shares
in Restaurant Brands, despite selling almost half its stake in the
fast food operator yesterday. .... 7 May, 2002
Kiwibank falling short of its opening goals. Kiwibank's
management yesterday admitted that it had underestimated the difficulties
in signing up NZ Post franchises and that it would not have 300 branches
open before Christmas. .... [more]
2 May, 2002
Kiwis snap up Aussie burger stake. Two of Burger King
New Zealand's owners are expanding their stake in the world's second-largest
burger chain, by taking a bite out of the business across the Tasman.
.... [more]
25 Apr, 2002
500 signing up a day - Kiwibank. Kiwibank customers
are having to wait up to two weeks for an appointment to open an account,
as at least 500 people a day sign up, the new state owned bank claimed
yesterday. .... 23 Apr, 2002
Beer scam gulps down $451,000. A North Shore
woman has been sentenced to two years' jail for her part in a beer
franchise scam that cost investors $451,000. .... [more]
20 Apr, 2002
Deal ends Kiwibank branch woe. Kiwibank says
last month's sweetening of the deal for NZ Post franchise holders
to take a bank branch has guaranteed a network of at least 250. ....
[more]
18 Apr, 2002
Franchise Conference To Unleash Power. This year's
National Franchise Conference will take place at Rotorua on 12-14
July. 'The theme is Unleash the Power - the power of franchising,
that is,' says Robert Fowler, chairman of the Franchise Association.
.... [more]
16 Apr, 2002
Dream weaver gratified. Helping people turn their
dreams into reality appeals to Grant McFlinn. He is a mortgage broker,
a franchise-holder with Mike Pero Mortgages - a financial angel. ....
[more]
12 Apr, 2002
Franchises missing as Kiwibank spreads net. By
the end of next week more than a third of Kiwibank's projected number
of branches will be open, but only two or three so far are in NZ Post
franchises. .... [more]
12 Apr, 2002
Indian-NZ joint venture expands. A joint Indian-New
Zealand venture into IT education plans to expand throughout New Zealand
by the end of next year and will set up franchises in North and Southeast
Asia. .... 8 Apr, 2002
Wrong Expectations. Many people enter the food
& beverage industry without a clear understanding of what is involved,
says restaurateur and franchisor Keith Routledge. .... [more]
5 Apr, 2002
Shops test Easter ban again. An Auckland bookseller
who was fined $300 for trading on Easter Sunday last year flouted
the law again yesterday. .... [more]
1 Apr, 2002
New Zealand's Wilson Neill Sells Cobb & Co Restaurant
Franchise. Restaurants Ltd. said Tuesday it bought the New
Zealand Cobb & Co . Restaurant franchise from Wilson Neill Corp. ....
1 Apr, 2002
Kiwibank signing up 'hundreds' each day - Toime.
Kiwibank was signing up "hundreds of people a day" and would have
its 300 branches by the end of the year, New Zealand Post chief executive
Elmar Toime said yesterday. .... 27 Mar, 2002
Extended period serves up tasty surprise for Restaurant
Brands. Fast-food operator Restaurant Brands has posted a
$23.3 million after-tax profit for the 15 months to the end of last
month. .... [more]
27 Mar, 2002
Rookie's rate rise lags big rivals. Kiwibank
has followed the other big banks in raising home-loan rates, but the
Government-backed bank is still undercutting the competition in what
it claims is a profitable strategy. .... [more]
26 Mar, 2002
Brands' Pizza Hut empire expands. Fast food operator
Restaurant Brands has expanded its pizza empire into Australia, buying
51 of Victoria's 60 Pizza Hut outlets. .... [more]
21 Mar, 2002
Kiwibank Chch pressure alleged. Kiwibank has
been accused of pressuring small businesses to sign up to run its
branches, as it struggles to open outlets in Christchurch on schedule.
.... 21 Mar, 2002
Kiwibank's branch rollout about to begin. Kiwibank
branches would be opened across the country from this Saturday in
a nationwide rollout following successful pilot openings of seven
branches in Palmerston North and Hawke's Bay, the bank said today.
.... 20 Mar, 2002
Easing away stress of big business. Two years
ago, Michelle Le Gassick set out to forge a career as a mobile massage
therapist. Her appointments were at customers' premises and she ran
the business from a corner of her home. Today, Le Gassick has nine
staff, studios in Auckland and Albany, and big plans for her company,
LiVevo. .... [more]
15 Mar, 2002
Top pair quit Cobb & Co. The embattled Wilson
Neill Corporation has suffered a further blow as two key franchisees
quit its Cobb & Co restaurant chain. .... [more]
15 Mar, 2002
CDL Hotels weathers the storms. The country's
largest hotel operator, CDL, has weathered the fallout from September
11 and the collapse of Qantas New Zealand and Ansett Australia, yesterday
reporting a six-fold increase in full-year after-tax profit. ....
[more]
14 Mar, 2002
Cobb & Co operators baulk at sale. Troubled Wilson
Neill Corporation has signed a conditional agreement to sell its Cobb
& Co restaurant business to a consortium of Christchurch businessmen.
.... [more]
13 Mar, 2002
Kiwibank offer shows desperation - Hide. New
Zealand Post's move to sweeten its bid to sign franchisees to Kiwibank
shows it is desperately behind schedule, ACT MP Rodney Hide said.
.... 12 Mar, 2002
Kiwibank sweetener has catch. NZ Post has sweetened
the deal for its franchises to become a Kiwibank branch, but imposed
a deadline of only weeks for them to accept. .... [more]
12 Mar, 2002
Kiwibank's low fees likely to cause problems. It
is no longer relevant to ask whether the launch of Kiwibank was good
policy for the Government and New Zealand Post. The bank is in business,
with branches in Palmerston North and Hawkes Bay. .... [more]
19 Feb, 2002
Kiwibank's biggest task to sell itself. On average,
about 20 per cent of all customers seriously consider changing banks
every year. In reality, only about 4 per cent of all customers actually
switch. .... [more]
19 Feb, 2002
Kiwibank faces tough rivals. The big banks will
respond, but will be careful to preserve their bottom lines. KEVIN
TAYLOR reports. .... [more]
18 Feb, 2002
Freedom posts first NZ profit. Not wanting to
be caught napping after finally getting its New Zealand business into
profit, Australian retailer Freedom Group is planning an assault on
the local bed market. .... [more]
15 Feb, 2002
Kiwibank misses chance of tapping into online potential.
Kiwibank's reluctance to embrace the internet is discouraging
the very customers it is trying to attract, says a leading banking
commentator. .... [more]
11 Feb, 2002
Sweets for my sweet. A novel gift for Valentine's
Day is the bouquet that will not wilt, fade, or die - a candy bouquet....
5 Feb, 2002
Kiwibank fights for branches. Half the South
Island's independent NZ Post franchisees are unhappy with the deal
Kiwibank is offering to open branches in their stores. .... [more]
31 Jan, 2002
Kiwibank avoids franchises. The first Kiwibank
branches will open in Hawkes Bay next month, but none will be in NZ
Post franchises. .... [more]
28 Jan, 2002
Tasty returns for fast food giant. Shares of
Restaurant Brands hit a four-year high yesterday after the fast food
company reported a 27 per cent rise in annual profit and said it was
looking at new business opportunities. .... [more]
17 Jan, 2002
Kiwibank faces franchise revolt. The controversial
Kiwibank is facing a revolt among New Zealand Post franchises. ....
10 Jan, 2002
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