FRANCHISE NEWS ARCHIVE
|Krispy Kreme Plans St. Petersburg, Russia Area Expansion.|
businesswire.com - Krispy Kreme announced today that it has extended its development agreement with LLC Doughnuts Café, to include the development of 15 new doughnut shops throughout the greater St. Petersburg... [more] 21 Jan, 2015
Russian prosecutors probe for violations of worker’s rights at Carl's Jr. restaurants.
itar-tass.com - Russian prosecutors are investigating media reports about massive violations of workers' rights as several outlets of US fast-food chain have been shut down in the country’s second largest city of St. Petersburg... [more] 15 Jan, 2015
Schlotzsky’s Opens First Russian Location.
businesswire.com - Schlotzsky’s has debuted its first location in Russia, part of a plan that will add more than 50 restaurants throughout seven former Soviet countries over the next 10 years. ... [more] 19 Dec, 2014
Wendy’s to sue Russian ex-franchisee.
rapsinews.com - Wendy’s is insisting that the last outlet in Moscow be closed due to the violation of its intellectual property rights. The company has announced its intention to sue its former franchisee, Venrus in a statement... [more] 11 Nov, 2014
Pretzelmaker Opens Two Stores in Russia.
prnewswire.com - Global Franchise Group (GFG), LLC, the franchisor of Pretzelmaker, announced today that the first two Pretzelmaker stores have opened in Perm and Kirov, Russia. ... [more] 14 Oct, 2014
McDonald's plans appeal against Moscow outlet closure.
bbc.co.uk - Russian courts have ordered four McDonald's outlets to close for 90 days, citing breaches of sanitary rules. The company said it will appeal the rulings and is examining the judgements given by the court. ... [more] 27 Aug, 2014
Russia to McDonald's: We're closing it.
latimes.com - Russia ordered the closure of four McDonald’s restaurants in Moscow on Wednesday after government health inspectors declared the U.S.-based fast food chain was serving contaminated products. ... [more] 20 Aug, 2014
Osim To Add Stores With Franchise Expansion Into Russia, Turkey.
malaysiandigest.com - Osim International Ltd. (OSIM), Asia’s largest maker of massage chairs, said it’s in talks to expand its international franchise with stores in Turkey and Russia. ... [more] 11 Aug, 2014
Charleys Philly Steaks Expands in Bahamas, Russia.
qsrmagazine.com - Charleys Philly Steaks is expanding its international footprint with store openings in the Bahamas and Russia. ... [more] 30 Jul, 2014
Not lovin' it in Russia: McDonald's, Wendy's in Kremlin's cross hairs.
latimes.com - Two of the US' biggest burger chains have become the latest targets of Kremlin wrath, with McDonald's fast-food offerings under the political microscope for alleged impurities and Wendy's driven out of Russia... [more] 28 Jul, 2014
Uniqlo and Other Retailers Freeze Russian Expansion Plans.
themoscowtimes.com - Major foreign restaurant chains and retailers are putting plans to enter the Russian market on hold, while others, such as popular clothing brand Uniqlo, are slowing plans for expansion. ... [more] 24 Apr, 2014
Hoops to Hooters as AK-47 Courts Moscow Mad at McDonald’s.
bloomberg.com - Andrei Kirilenko, the National Basketball Association player known as AK-47, is defying Russian antipathy toward U.S. brands by opening the country’s first Hooters restaurant. ... [more] 17 Apr, 2014
Most Russians Support McDonald's Closures, Poll Says.
themoscowtimes.com - Liberal Democrat Party leader Vladimir Zhirinovsky's call to close all McDonald's restaurants in Russia received a lot of media attention, and a recent poll shows that most Russians would be glad to see... [more] 14 Apr, 2014
NY chain Shake Shack brings burger ‘culture’ to Moscow.
themoscownews.com - American fast food's Russian takeover continued this week with the opening of the capital's first Shake Shack, the trendy New York-based burger chain. ... [more] 20 Dec, 2013
Charleys Philly Steaks plans Russian launch.
fastcasual.com - Gosh Enterprises, known for its Charley's Grilled Subs and Charleys Philly Steaks restaurant concepts, has signed a development agreement to open 25 locations in Russia... [more] 17 Oct, 2013
Ministry Targets Opening Of 20 Malaysian Franchise Branches In Russia.
bernama.com.my - The Ministry of Domestic Trade, Cooperatives and Consumerism aims to open 20 branches of Malaysian franchises in Russia over three years. ... [more] 7 Oct, 2013
Grupo Cortefiel to expand chain in Russia to 200 stores.
interfax.com - Spanish fashion retailer Grupo Cortefiel wants to expand its chain in Russia to 200 stores by 2016, the group's CEO, Juan Carlos Escribano Garcia-Bosque, said at a presentation in Moscow. ... [more] 4 Oct, 2013
First Krispy Kreme Doughnut Shop Set To Open in Moscow.
prnewswire.com - In collaboration with Russian restaurateur and franchise partner Arkady Novikov, owner and operator of LLC Doughnuts Cafe, the first Krispy Kreme doughnut shop in Moscow is scheduled to open on Thursday... [more] 10 Sep, 2013
KFC to Expand Its Presence in Russia.
themoscowtimes.com - KFC is going to nearly double the number of its outlets in Russia and other countries of the Commonwealth of Independent States (CIS) to 450 by 2015, a news report said Wednesday. ... [more] 7 Aug, 2013
Quiznos Opening Doors in Russia.
qsrmagazine.com - Quiznos, one of the world's premier quick service restaurant chains, announced its first two Russian locations are now open for business. ... [more] 26 Jul, 2013
Russia gets a Boost.
franchise.net.au - The Boost Juice Bars’ international division is celebrating the brand's first store opening in Russia. ... [more] 27 Jun, 2013
Carl's Jr. to grow Russian footprint through subfranchising deal.
qsrweb.com - Bright Star LLC, master franchisee and operator of Carl's Jr. restaurants in Russia, has granted the rights to subfranchise the brand throughout the Russian market. ... [more] 18 Apr, 2013
Retail Chain Detsky Mir Eyes Expansion.
themoscowtimes.com - Russian children's goods retail chain Detsky Mir plans to open 45 new stores in 2013 and at least another 40 stores each year until 2015, after the company ceased to be loss-making last year. ... [more] 15 Apr, 2013
Quiznos Set to Open 2nd Location in Russia in June 2013.
qsrmagazine.com - QSR Russia Ltd, the Master Developer for Quiznos across the Russian Federation, will open its second Russian restaurant in downtown St. Petersburg in June 2013. ... [more] 5 Apr, 2013
Big Mac Fights Subway Shrimp in Russia Fast-Food Fracas.
bloomberg.com - More than two decades after McDonald’s Corp.’s outlet on Moscow’s Pushkin Square began offering a golden-arched alternative to grey communist eateries, the fast-food pioneer is on the defensive... [more] 18 Mar, 2013
McDonald's boosts franchises to expand in Russia.
reuters.com - McDonald's Corp is widening its franchise operations in Russia to drive expansion deeper into provincial areas as rival international restaurant chains flock to the growing market. ... [more] 21 Feb, 2013
Yum plans 70 new restaurants in CIS in 2013.
reuters.com - Yum Brands Inc, owner of fast-food brand KFC, plans to open between 60 and 70 restaurants this year in Russia and other former Soviet countries and is looking for new franchise partners to help drive growth. ... [more] 11 Feb, 2013
Burger King sues Muscovite for trademark infringement.
rapsinews.com - Burger King Corporation, a major US fast-food company, has filed a lawsuit with the Moscow Commercial Court against Muscovite Alexei Makoveyev, who registered... [more] 17 Dec, 2012
Burger King Aims to Grab Market Share.
themoscowtimes.com - Burger King is looking to catch up to its Western fast-food rivals in Russia and increase its market share, arming itself with an ambitious plan for opening restaurants and a partnership with local... [more] 23 Oct, 2012
McDonald’s mulling eastward expansion.
ruvr.ru - According to the company’s Russia development director Viktor Eidemiller, one of the chain’s Russian franchise holders is to open at least 10 McDonald’s restaurants in Siberia. ... [more] 27 Aug, 2012
Burger King ramps up expansion in Russia.
miamiherald.com - The Miami fast food chain on Wednesday is set to announce a deal for a joint venture partnership focused on opening several hundred Burger King restaurants over the next few years... [more] 5 Jun, 2012
McDonald's growth plans for Russia and Europe.
msn.com - The company will use half of its 2012 capital expenditure for renovating its restaurants around the world. ... [more] 7 May, 2012
Will Russians love Krispy Kreme?
msn.com - Russia. Krispy Kreme is coming. It's hard enough to find a Krispy Kreme store in many U.S. cities, but residents of Moscow will soon be swimming in glaze. The company is planning to build 40 Krispy Kreme shops... [more] 23 Apr, 2012
McDonald's in franchising deal with Russia's Rosinter.
reuters.com - McDonald's Corp will franchise out restaurants in Russia for the first time after picking the sector's largest restaurant holding company Rosinter as its partner in the fast-growing market. ... [more] 10 Apr, 2012
Sources Say McDonald's Russia Will Now Franchise.
themoscowtimes.com - McDonald's is looking for Russian business partners for the first time in its 20-year presence in the country, as it hopes to expand into Siberia. ... [more] 27 Mar, 2012
Quiznos to make its debut in Russia.
fastcasual.com - Quiznos has announced a partnership with QSR Russia Ltd (QRL), the master franchisee selected to launch the flagship Quiznos restaurants in Russia. ... [more] 1 Mar, 2012
Moe’s Southwest Grill plans 50 units in Russia.
nrn.com - Moe’s Southwest Grill has entered an international development deal to open 50 locations in Russia. The first unit is scheduled to open this year in Moscow. ... [more] 21 Feb, 2012
McDonald's to invest $120 million in developing chain in Russia in 2012.
kyivpost.com - McDonald's plans to invest around $120 million in constructing new restaurants in Russia in 2012, the company's Vice President for Development Victor Eidemiller told Interfax. ... [more] 29 Dec, 2011
Reasons Why Foreign Firms Are Forsaking Franchises.
themoscowtimes.com - Every morning Christopher Wynne, an American living in Moscow for the last 10 years, is off to a battlefield, armed not with an assault rifle but a rolling pin and pizza cutter. ... [more] 10 Oct, 2011
Yum's KFC to double Russian presence by 2015.
reuters.com - Yum Brands' restaurant chain KFC plans to nearly double the number of its Russian restaurants by 2015 to profit from continued growth of Russia's fast-food industry. ... [more] 6 Sep, 2011
Russia Becomes a Magnet for U.S. Fast-Food Chains.
nytimes.com - Earlier in his career, Christopher Wynne put his Russian expertise to work researching arms proliferation for the American government. Now he’s engaged in geopolitics of another sort: deploying American fast food... [more] 3 Aug, 2011
Subway Takes Advantage of Franchising to Expand Reach.
themoscowtimes.com - Subway is poised to have the most branches of any Western fast-food chain in Russia and has come a long way since the eight-year legal battle over its flagship St. Petersburg branch. ... [more] 3 Aug, 2011
Aussie car cleaning franchise expands to Russia.
dynamicbusiness.com.au - Nanotek, the Australian-owner car cleaning franchise, has made history by becoming the first Australian mobile franchise to arrive in Russia. ... [more] 12 Jul, 2011
Spar Supermarket Chain Agrees Franchise Deal.
times.spb.ru - St. Petersburg’s retailer Intertorg is to open a chain of Spar supermarkets in the northwest region. ... [more] 6 Jul, 2011
Wendy’s Franchiser to Open 192 Restaurants in Russia by 2020.
bloomberg.com - The exclusive franchiser for Wendy’s restaurants in Russia plans to open 192 outlets in the country by 2020, involving investment of $132 million. ... [more] 24 Jun, 2011
Russians showing love for Papa John’s.
pizzamarketplace.com - WorldWide Papa's, the area developer of Papa John's International Inc. restaurants in St. Petersburg, Russia and the Leningrad region, has opened its fifth restaurant location on Vasilievsky Island. ... [more] 23 Jun, 2011
McDonald’s Gets Hungry With Russian Expansion.
forbes.com - McDonald’s is looking to expand its footprint in Russia by increasing its store count by 15%, or about 40 new locations, in an effort to tap the growing demand for fast food. ... [more] 3 Apr, 2011
U.S. Franchise Sees Healthy Eating Trend.
themoscowtimes.com - Research by frozen yogurt chain Pinkberry, which shows that Russians are increasingly inclined to watch what they eat, helped convince the company to open its first outlet in Moscow on Tuesday. ... [more] 15 Mar, 2011
Still No Franchising for McDonald's.
themoscowtimes.com - McDonald's, one of the biggest franchisers in the world, will continue to directly own all of its Russian restaurants for the near future. ... [more] 2 Mar, 2011
Papa John’s plans 40-unit growth in Russia.
pizzamarketplace.com - A St. Petersburg, Russia-area developer of Papa John’s pizza, WorldWide Papa’s, plans to expand the brand in the region by 40 units in three years. ... [more] 16 Feb, 2011
Moscow welcomes its first Chili's.
upi.com - Moscow restaurant owners said they welcomed the arrival of a competitor from Texas, Chili's, which opened its first Russian outlet this week. ... [more] 2 Feb, 2011
Wendy's/Arby's to Open 180 Locations in Russia.
themoscowtimes.com - Wendy’s/Arby’s Group on Tuesday announced that it would be opening 180 dual-branded Wendy’s and Arby’s restaurants in Russia over the coming 10 years. ... [more] 10 Aug, 2010
Wendy's to Enter Russia Next Year.
themoscowtimes.com - Wendy's, the world's third-largest fast-food chain, is planning to enter the Russian market, and Mikhail Zelman's Food Service Capital is in talks with the U.S. company about purchasing franchising... [more] 6 Aug, 2010
Dunkin' Donuts Heads Back to Russia.
online.wsj.com - After a retreat from Russia in 1999, Dunkin' Donuts is returning Wednesday with the first of 20 planned store openings in Moscow this year. ... [more] 27 Apr, 2010
Uniqlo to open 1st store in Russia in April.
japantoday.com - Fast Retailing Co, the operator of the Uniqlo casual wear chain, will open its first Uniqlo store in Russia on April 2 in downtown Moscow. ... [more] 22 Mar, 2010
Ikea Fires 2 Officials in Russia Bribe Case.
nytimes.com - Ikea, the Swedish furniture retailer, has dismissed two senior executives in Russia for allowing a contractor to pay a bribe, the company said in a statement, calling the payment “totally unacceptable.” ... [more] 15 Feb, 2010
Twenty Years Later, McDonald's Russia Still Going Strong.
qsrmagazine.com - Located in Moscow's Pushkin Square, the first McDonald's in Russia celebrates its 20th anniversary in a country that has become the chain's fastest growing market in Europe. ... [more] 1 Feb, 2010
Burger King opens first outlet in Russia.
usatoday.com - Burger King opened its first outlet in Russia on Thursday, nearly two decades after its rival McDonald's, looking to capitalize on new markets' growing appetite for fast food. ... [more] 21 Jan, 2010
Dunkin' Donuts plans re-entry into Russia.
qsrweb.com - Just as Burger King is opening its first store in Russia this week, Russian business daily Vedomosti has reported that Dunkin' Donuts plans to open dozens of stores in Moscow. ... [more] 19 Jan, 2010
Burger King opens up in battle for Russian burger aficionados.
rt.com - Burger King, the world’s second largest fast food chain after McDonald’s, is launching its first Russian operation this week, under license of coffeehouse chain Shokoladnitsa. ... [more] 18 Jan, 2010
McDonald's to target stay-at-home Russians.
reuters.com - McDonald's still sees plenty of growth potential in Russia -- where more than two thirds of the population are yet to make a habit of eating out -- two decades after opening its first restaurant there. ... [more] 17 Dec, 2009
Stockmann-operated Nike stores in Russia to be closed down.
euroinvestor.co.uk - At the turn of the year, Stockmann closes down its loss-making Nike franchising stores in Russia. Stockmann and Nike have agreed on the termination of the franchising agreement on 31 Dec 2009. ... [more] 9 Dec, 2009
Burger King to open first Russian outlet in 2009.
reuters.com - Burger King said on Friday it plans to open its first Russian restaurant in Moscow this year, lured by the potential of the country's 140 million population. ... [more] 13 Nov, 2009
Burger King Denies Rumors of Russian Entry.
sptimesrussia.com - Burger King on Friday categorically denied a report that it had signed a franchising deal in Russia. ... [more] 8 Sep, 2009
Payless ShoeSource to enter Russia in 2010.
reuters.com - Collective Brands Inc said on Tuesday it planned to expand Payless ShoeSource into the Russian market in 2010 along with franchise partner M.H. Alshaya. ... [more] 1 Sep, 2009
Brinker International Inks Franchise Deal to Expand Into Russia.
finance.yahoo.com - Brinker International, Inc. has entered into a development agreement with developer Trio's Group Ltd. to establish Chili's Grill & Bar in Russia. ... [more] 18 Aug, 2009
Canadian Franchise concept moves to expand into China, Russia.
pr-canada.net - Specialty hair care salon franchise Beaners Fun Cuts is pleased to announce today its affiliation with International Franchising Group, LLC to expand its concept all over the world. ... [more] 17 Aug, 2009
First American Fast-Food Restaurant SUBWAY Opens in Vladivostok. The first American fast-food restaurant SUBWAY is to open in Vladivostok in two days. .... [more]
3 Jul, 2009
X5 retail group completes buy-out of franchisee. The X5 Retail Group has completed its buy-out of the company that operates the Pyaterochka chain in the cities of Yekaterinburg and Chelyabinsk. The group has acquired the 25% stake in the venture it did not already own, giving it full control of the chain. .... [more]
3 Jul, 2009
Retailer X5 buys rival, extends south Russia presence. Russia's X5 Retail Group said on Monday it had purchased 100 percent of regional rival Agrotorg-Rostov for 400 million roubles ($13.79 million). .... [more]
29 Dec, 2008
ROSTIK'S KFC Opens its 100th Franchise Restaurant. The leading quick-service restaurant chain ROSTIK'S KFC announced the opening of its 100th QSR franchise restaurant in the city of Ufa in Russia. .... [more]
16 Dec, 2008
Sheraton Expands Into The Russian Federation. Starwood Hotels and Resorts Worldwide, Inc. today announced plans to open a new Sheraton hotel in the Russian Federation. .... [more]
6 Nov, 2008
Fast Retailing to open Uniqlo clothing stores in Russia, India. Fast Retailing Co said Wednesday it is considering opening outlets of its flagship Uniqlo casual wear brand in Russia and India.The Japanese clothing giant said it aims to triple its overseas sales over two years. .... [more]
4 Sep, 2008
Gap, Banana Republic stores coming to Russia. Apparel retailer Gap Inc. said Tuesday it will open Gap and Banana Republic stores in Russia through a franchising agreement. The San Francisco-based retailer will expand its partnership with Fiba Holding AS. .... [more]
20 May, 2008
Russia's X5 Retail Group buys out second franchisee. X5 Retail Group , Russia's largest food retailer by revenue, said it had bought its former franchisee in the Perm region in the Urals for $18 million including debt. .... [more]
2 Apr, 2008
X5 to Buy Out 28 Franchise Stores to Expand in Russia's Urals. X5 Retail Group NV, Russia's largest supermarket company, agreed to buy out 28 stores in the Urals run by a franchisee to expand in the region. .... [more]
25 Mar, 2008
Church's Chicken plans big expansion in Russia. Atlanta-based fast-food chain Church's is playing chicken with KFC and McDonald's in an ongoing struggle to claim more customers worldwide through a massive expansion in Russia and beyond. .... [more]
14 Mar, 2008
Tehnosila to open 140 franchising stores in 2008. Tehnosila consumer electronics and home appliance retailer has summarized 2007 operational results of one of its business lines. 84 franchising stores were opened under Tehnosila brand in 80 Russian settlements. .... [more]
8 Feb, 2008
Costa Enters the Russian Coffee Market. Whitbread and OJSC Rosinter Restaurants Holding “Rosinter” have today announced they will launch the Costa Coffee shop chain in Russia via a Joint Venture. .... [more]
11 Dec, 2007
Russian hit on McDonald's. Russia's tax authorities have demanded millions of dollars worth of back taxes from the local operations of McDonald's, sparking fears that they plan a new wave of claims from both Russian and foreign-owned companies. .... [more]
6 Dec, 2007
Kopeika Wants To Buy Out Franchisees. The Kopeika retail chain has said it will buy out its franchisees' stores, if they want to sell them. It has made the move after seeing some of its franchisees offered to sell their stores to rival chains. .... [more]
5 Nov, 2007
First Starbucks opens in Russia. The first Starbucks coffee store has opened in Russia, a year after the firm won a legal dispute that had prevented it from opening in the country. .... [more]
6 Sep, 2007
Heating Up the Pizza Business. Kato Hetschinof, who is now director of operations at his former rival, Jack's, claims to have formed Moscow's first-ever pizza delivery service in the summer of 1994. .... [more]
25 Jun, 2007
US Fast-Food Chains Flood Russian Market. Church’s Chicken announced on Thursday the launch of its Texas Chicken chain in Russia. The company’s franchisee plans to open from 25 to 30 restaurants in Russia within the next three years. .... [more]
25 May, 2007
Russians shop until they drop at M&S. Moscow's Marks & Spencer, one of the retail chain's newest overseas branches, is part of an ambitious expansion that is transforming M&S into a global brand. .... [more]
24 May, 2007
Poland's Pizza Hut swallowed the Russian One. The operator of KFC and Pizza Hut restaurants in Poland, AmRest Holdings has announced the takeover of Pizza Hut franchisee in Russia – Pizza Nord. .... [more]
22 May, 2007
Russian restaurant chain to raise $125 mln from IPO. Rosinter Restaurants Holding, a leading restaurant operator in Russia and other former Soviet republics, intends to raise about $125 million from an initial public offering (IPO). .... [more]
21 May, 2007
Largest Russian retailer looses shops in Ukraine. A largest Russian retailer X5 Retail Group lost all Ukrainian shops of its commercial chain Pyatyorochka. The company cancelled an agreement with its franchisee – the Fifth Element sales network, which 23 shops worked under the Pyatyorochka brand name. .... [more]
10 May, 2007
Number of McDonald's restaurants in Russia to exceed 200 by end of 2007. The number of McDonald's restaurants in Russia will exceed 200 by the end of 2007, Khamzat Khasbulatov, McDonald's president for Russia and Eastern Europe, said at a press conference in Moscow on Wednesday. .... [more]
21 Mar, 2007
Starbucks Unveils Plans For Russian Expansion. U.S. coffee giant Starbucks has announced plans to open its first coffee shops in Russia later this year. .... [more]
6 Feb, 2007
Kuwaiti retailer plans to open 10 Starbucks outlets in Russia. M.H. Alshaya Co., a Kuwaiti retailer, plans to open Starbucks Corp.’s first 10 Russian stores this year. .... [more]
26 Jan, 2007
Two Carl's Jr. restaurants open in Russia. CKE Restaurants, the parent company of Carl's Jr., opened the first of 50 eateries in Russia. .... [more]
9 Oct, 2006
Mozzarella in Moscow. As the master franchisee for Russia, Chuck Adkins and his partners are a key part of a long-term growth strategy at Louisville-based Papa John's International, which wants to open at least 800 restaurants abroad in the next decade. .... [more]
8 Oct, 2006
Franchising Comes to Moscow. With the launch last week of Century 21's operations in Moscow, real estate franchising appears to have arrived in Russia. .... [more]
26 Sep, 2006
Pyaterochka to buy retail chains from franchisees. Pyaterochka Holding N.V. which controls Perekriostok retail chain intends to buy a number of chains from its franchisee. .... [more]
14 Sep, 2006
City Bar is back! City Bar, the ultimate expats’ hangout that called it quits six months ago, has magically returned and will have what its hostess Aileen Exeter calls “quiet summer opening” on Friday. ....
11 Aug, 2006
International Realtor Seeks To Transform Home Sales in Russia. CENTURY 21, one of the most internationally familiar brand names in residential real estate, is entering the markets in Russia, Kazakhstan and Ukraine. ....
9 Aug, 2006
U.S. Real Estate Franchise To Open in Russia. The
Overseas Private Investment Corporation (OPIC) has approved a $3.6
million loan to a U.S. small business that plans to franchise the
real estate brand Century 21 in Russia. .... [more]
14 Jul, 2006
Now Topshop struts its stuff in Moscow. Come
October, builders permitting, Topshop will open its first store in
Moscow, a tower of glass and steel in the European shopping mall just
off the city centre. .... [more]
24 Jun, 2006
Burger King prepares to expand into Russia. Burger King Holdings, a U.S. fastfood chain, is in talks with Russian
restaurants with an eye to expanding into the country, a respected
business daily said Wednesday. .... [more]
3 May, 2006
Russian tycoon plans retail giant. Russian
billionaire Mikhail Fridman's Alfa Group agreed to buy most of the
country's biggest supermarket chain for about US$2.1 billion to tap
growth in the retail market. .... [more]
13 Apr, 2006
KFC and Rostik's Open First Co-Branded Restaurant in
Moscow. Yum! Brands, Inc. and Rostik Restaurants Limited are
opening today in Moscow the first of many co-branded KFC-Rostik's
restaurants. .... [more]
4 Apr, 2006
McDonald's to Invest $50 Million. Fast-food
giant McDonald's plans to invest more than $50 million in expanding
and upgrading its operations in Russia this year. .... [more]
16 Mar, 2006
Inditex buys Zara franchise in Russia for 41.5 mln eur from
Finland's Stockmann. Industria de Diseno Textil SA (Inditex)
said it has agreed to acquire Finnish retailing group Stockmann's
100 pct stake in the Zara Russia franchise for 41.5 mln eur, including
debt. .... [more]
31 Jan, 2006
Pyaterochka acquires 26% stake in franchisee. Russian retailer, Pyaterochka has signed an agreement to acquire a
26% stake in its franchise operator, Ural-Agro-Torg. .... [more]
19 Jan, 2006
Russia's Pyaterochka buys 25 stores, shares up. Russian discount food retailer Pyaterochka said on Thursday it had
signed an agreement to buy 25 stores operating under the rival Kopeika
brand in the Moscow area. .... [more]
15 Dec, 2005
Burger chain Carl's Jr. to open 50 franchise restaurants in
Russia. CKE Restaurants Inc. Wednesday said a franchisee will
open 50 Carl's Jr. hamburger restaurants in Russia over the next eight
years. .... [more]
6 Jul, 2005
M&S details Russian store plans. Marks & Spencer
has said it is on schedule to open its first Russian store this autumn
at Festival Mall in southwest Moscow with its Turkish franchise partner
FIBA Holding. .... [more]
23 Jun, 2005
M&S to Cover Russia by Chain Stores. UK
Marks & Spencer is en route to becoming one of the biggest retailers
in Russia. Kommersant found out it intends to lease from IKEA
the floor space in five Mega shopping centers. .... [more]
22 Jun, 2005
Pyatyorochka Buys Out Franchisee. Grocery retailer
Pyatyorochka will buy out its franchise operator in the southern Urals
in order to start consolidating the company's franchise activities.
14 Jun, 2005
McDonalds Set for 20% Expansion in Russia. Fastfood
giant McDonalds will spend up to $50 million to expand its chain in
Russia by 20 percent this year, with plans to commence franchising
operations within three years. .... [more]
10 Jun, 2005
Russians swap Marx for Marks & Spencer. Fourteen years after ditching Marx and Lenin, Russia's emerging middle
classes are about to get a taste of Marks & Spencer as the British
retail icon takes its first step into the enormous Russian market.
8 Jun, 2005
Paterson in First Franchise Deal. Moscow-based
supermarket chain Paterson said Monday that it had sealed its first
franchise agreement with Tubai group, part of its expansion plan.
7 Jun, 2005
Dollar Rent A Car and Thrifty Car Rental open first
locations in Russia. Dollar Rent A Car and Thrifty Car Rental
are to enter the Russian leisure and corporate car rental market,
with effect from June 2005, by opening their first locations in Moscow.
2 Jun, 2005
Rostiks to be Taken under the Wing. US
Yum! Brands is en route to buying out the core rival of its KFC brand
in Russia - Rostiks fast-food restaurants. .... [more]
18 May, 2005
Training the Right Way to Serve. The expansion
in Russia of Western fast food giant Subway may not have been especially
rapid up to now, but the store numbers of the sandwich bar could be
about to skyrocket; and all that the American company has to do is
be a good teacher. .... [more]
29 Mar, 2005
IKEA looks to triple purchases in Russia. Swedish furniture
and home furnishings giant IKEA plans to increase its purchasing in
Russia by more than triple to $500 million annually in the next three
to five years. .... [more]
17 Mar, 2005
McDonald's Commands a Real Estate Empire in Russia. The busiest McDonald's restaurant in the world is not in America but
thousands of miles away in Moscow, where the menu includes cabbage
pies and other Russian food items. .... [more]
17 Mar, 2005
The Athlete's Foot Opens First of Projected 40 Stores
in Russia. The Athlete's Foot has formalized an agreement
with Alye Parusa of Moscow to become The Athlete's Foot's master franchisee
for the Russian Federation. .... [more]
3 Mar, 2005
Adidas-Salomon aims to expand store network
in Russia. German sporting goods giant Adidas-Salomon AG plans
to open 30 own stores and between 20 and 30 franchising stores in
Russia and the CIS states in 2005. .... [more]
27 Dec, 2004
Dawn Breaking for Days Inn. U.S.-based Cendant
Corporation, the world's largest lodging franchiser, has signed a
deal with Hermitage Hospitality to develop 45 of its midrange Days
Inn hotels in Russia and 14 former Soviet countries over the next
five years. .... [more]
30 Nov, 2004
Sparring Strategies. The Marta Holding, the
leading grocery chain in Moscow, Kazan, and St. Petersburg, has ended
its partnership with the Dutch retailer Spar. .... [more]
26 Jul, 2004
M&S 'looking to expand into Russia and China'. High street retailer Marks & Spencer is considering opening stores
in Russia and China, it was reported today. .... [more]
25 Jul, 2004
Planet Fitness Moves to Expand Internationally. Planet Fitness is going international and will open three new sport
clubs in Stockholm, Sweden, one of them this year. .... [more]
29 Jun, 2004
Finnish Retailer Plans Russia Expansion. Finnish
retailer Stockmann wants a greater chunk of sales and earnings to
come from Russia and the Baltic states, and could sell its Hobby Hall
unit as part of a strategy refocus. .... [more]
22 Jun, 2004
Starbucks plans Russian offensive. Starbucks
wants to open a Russian front as the coffee giant pushes on with its international
expansion. .... [more]
22 Apr, 2004
Mashed potato pizza, anyone? A trio
of Denver-area entrepreneurs wants to conquer Russia - with pizza. .... [more]
22 Mar, 2004
Papa John's Russian Roulette. They
eat fish eggs and pancakes at dinner parties. Hot dogs, elbow macaroni, and garden
salad for breakfast. They consider fried, spiced fat a delicacy. But will Russians
go for the exotic toppings that Papa John's is offering at the opening of their
first restaurant in the heart of Moscow? .... [more]
20 Jan, 2004
Hard Rock rolls out in Moscow. The
Beatles, the Monkees and Jimi Hendrix arrive in Moscow today in the latest sign
that Russia is plugging into Western ways. .... [more]
29 Sep, 2003
Taco Bell, Pizza Hut, KFC Eye Expansion. The number of Western chicken, pizza and burrito restaurants dotting city streets
is set to grow as Yum! Brands Inc. pushes to increase the Russian presence of
the restaurants whose trademark it holds, including household name eateries like
KFC, Pizza Hut and Taco Bell. .... [more]
29 Aug, 2003
Mega Mall Managers Blast IKEA on Way Out. Mega Mall has lost two of its top managers, who warned that the IKEA-owned complex
risks losing a number of its 250 tenants if it alienates them through stifling
rents and prickly management policies. .... [more]
26 May, 2003
Former Kentucky AD to open Papa John's in
Russia. Larry Ivy, former University of Kentucky athletics director, will
be Papa John's International Inc.'s first franchisee in Russia, according to a
report by the Lexington Herald-Leader. .... [more]
22 May, 2003
3 Stars Could Be Heaven for Hotel Industry. People have long been talking about the need in Russia for affordable international-standard
lodging, cheaper than the four- and five-star hotels that dominate in Moscow and
St. Petersburg. .... [more]
13 May, 2003
Starbucks may head to Russia. Starbucks
Corp. CEO Orin Smith declined comment Wednesday on reports by Russia's Prime-Tass
news agency that the java giant will spend $50 million to enter the Russian market.
16 Apr, 2003
Big Mac Does Not Give Up. While McDonald's,
the world's fast-food service leader, is going through the worst ever crisis at
home, Russia's fast-food market seems to be impervious to external upheavals.
.... [more] 3 Mar, 2003
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