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NEW ZEALAND FRANCHISE NEWS ARCHIVE

 
: : Jan-Jun 2002

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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