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 SOUTH AFRICA
FRANCHISE NEWS ARCHIVE
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The Coffee Stop excels at giving young BEE franchisees a head start.
pretorianews.co.za - The Franchise Association of SA (Fasa) anointed The Coffee Stop as the Newcomer of the Year and Franchisor: Leading Developer of Emerging Entrepreneurs. ... [more] 20 Oct, 2011
Pick n Pay finishes sale of Australian business.
iol.co.za - Pick n Pay has concluded the sale of its Australian business, Franklins, after a lengthy delay, enabling it to focus on fixing its South African operations and expanding in Africa. ... [more] 3 Oct, 2011
Two Curves gyms close.
pretorianews.co.za - To the surprise of members of the Curves ladies’ gyms in Musgrave and Westville, and to the Curves’ operational head office, the couple who own the two franchises closed the gyms’ doors last week... [more] 23 Sep, 2011
Pick n Pay to sell Franklins stores.
businessday.co.za - Pick n Pay, SA's second-biggest food retailer, will sell its Franklins supermarkets in Australia even if a deal with Metcash is blocked by a court on antitrust grounds, its lawyer said. ... [more] 16 Sep, 2011
Pick n Pay again denies Tesco talks.
pretorianews.co.za - Pick n Pay has, once again, denied that it was in talks with UK retail giant Tesco after speculation of a deal resurfaced last week. ... [more] 29 Aug, 2011
Vendors give franchise a lesson.
mg.co.za - Hot Dog Café specialises in entry-level franchising and has a business model especially suitable for young entrepreneurs. ... [more] 26 Aug, 2011
Shoprite rolling in it.
iafrica.com - South African retailer Shoprite Holdings on Tuesday reported diluted headline earning per share of 507.6 cents for the 12 months ended June, up 12.4 percent from the previous year's 451.6 cents. ... [more] 23 Aug, 2011
Shoprite’s Metcash deal approval with conditions.
moneyweb.co.za - The Competition Tribunal on Monday cleared the way for Shoprite to acquire the franchise unit of unlisted rival, Metcash Trading. ... [more] 1 Aug, 2011
Franchisees benefit.
sowetanlive.co.za - The new Consumer Protection Act grants franchisees substantial new rights, but poses challenges for franchisors, Candice Meyer, a partner at Webber Wentzel, says. ... [more] 19 Jul, 2011
Pick n Pay to axe up to 3000 staff as market share slides.
businessday.co.za - Of its 36 673 corporate retail workers, the company said, it might retrench about 3137 employees, excluding workers at franchise stores. ... [more] 7 Jul, 2011
Russo’s to open in South Africa.
pizzamarketplace.com - Fresh from his expansion success in The Middle East, restaurant owner Anthony Russo is bringing his Russo's concept to South Africa. ... [more] 24 Jun, 2011
Pick n Pay opens first store in Mozambique.
businesslive.co.za - Africa's second-largest food retailer, Pick n Pay, announced on Thursday that it was opening its first store in Mozambique, located in Maputo. ... [more] 23 Jun, 2011
Spur to buy 60% stake in Cappuccino's.
iol.co.za - Franchise restaurant group Spur Corporation (SUR) announced on Monday that it would acquire a 60% stake in Cappuccino's, the cafe and pizzeria restaurant franchise, for about 25 million rand in cash. ... [more] 6 Jun, 2011
Franchising Expo set to impress.
thenewage.co.za - The annual International Franchise Expo (IFE), hosted by the Franchise Association of South Africa (FASA), happens today and tomorrow at the Sandton Convention Centre in Johannesburg. ... [more] 26 May, 2011
CPA to rein in franchisors.
citizen.co.za - The Consumer Protection Act (CPA), which came into effect on April 1, 2011, imposes a number of obligations on franchisors to root out those who lure unsuspecting franchisees into dubious agreements. ... [more] 13 Apr, 2011
Govt jobs quest overlooks franchising.
iol.co.za - Government is overlooking a vital business sector in its quest to create five million jobs in a decade, the Franchise Association of SA (Fasa) said on Friday. ... [more] 25 Mar, 2011
Anti-apartheid activist takes over McDonald's in S.Africa.
yahoo.com - Cyril Ramaphosa, once seen as a possible successor to Nelson Mandela and now a leading businessman, said Thursday he is taking over the McDonald's fast food franchise in South Africa. ... [more] 17 Mar, 2011
S.Africa's Shoprite to buy Metcash franchise unit.
reuters.com - Africa's biggest grocer Shoprite has agreed to buy the franchise unit of unlisted South African rival Metcash Trading for an undisclosed amount, the two companies said in a joint statement on Tuesday. ... [more] 8 Mar, 2011
Spur freezes expansion in UK and Australia.
thestar.co.za - Franchise restaurant group, Spur Corporation, will continue to expand in South Africa and elsewhere in Africa in the months ahead. But further expansion in the UK and Australia is on hold... [more] 4 Mar, 2011
Petroleum sector set to fuel franchising.
businessday.co.za - Standard Bank believes the petroleum industry could help the growth of the franchising industry in South Africa. ... [more] 12 Jan, 2011
Woolies ‘will shut franchise stores’.
iol.co.za - The Woolworths Franchise Association (WFA) has told the Competition Commission that Woolworths’ proposed acquisition of its franchise stores will have significant adverse effects... [more] 10 Dec, 2010
Australian watchdog starts legal proceedings to prevent Franklins sale.
businessday.co.za - Supermarket Pick n Pay said it was looking forward to having an Australian court adjudicate in its dispute with the antitrust regulator over the proposed sale of its Franklins unit. ... [more] 8 Dec, 2010
Ups and downs of franchising.
timeslive.co.za - Franchising as a business model is healthier than ever before, new research suggests. ... [more] 4 Dec, 2010
Famous buys O'Hagan's.
iafrica.com - Famous Brands announced on Tuesday that it has acquired the franchise agreements, trademarks and intellectual property of the O'Hagan's Irish Pub and Grill brand from O'Hagan's Franchising for... [more] 30 Nov, 2010
Protests as Pick n Pay closes.
epherald.co.za - Employees at Pick n Pay in Heugh Road, Walmer, Port Elizabeth, face a bleak Christmas after they were told yesterday the store was closing immediately. ... [more] 24 Nov, 2010
Pick n Pay increases Zim shareholding.
businessreport.co.za - Pick n Pay has increased its stake in the Zimbabwe operation TM Supermarkets in a deal worth about US13 million, the retailer said on Tuesday. ... [more] 2 Nov, 2010
Famous Brands sees sales drop.
busrep.co.za - Famous Brands experienced a marked decline in sales in the months immediately following the World Cup, the fast food group said yesterday, and warned that subdued consumer spending could curtail... [more] 26 Oct, 2010
Pick n Pay may sell Australian stores via tender.
busrep.co.za - Pick n Pay may sell its Franklin stores in Australia individually or in groups via a tender process, the JSE retailer said on Monday. ... [more] 11 Oct, 2010
Ogilvy/Frieze Films collaborate on new KFC ad.
bizcommunity.com - One of South Africa's most respected performance directors, Frieze Films' Tony Baggott, has collaborated with Ogilvy South Africa and KFC on an engaging new television commercial for the food-on-the-move... [more] 8 Oct, 2010
Clicks expects 30% profit rise.
businessday.co.za - Clicks Group, the owner of retail pharmacies and the Musica entertainment retail chain, yesterday predicted a 25%-30% rise in its earnings per share for the 12 months to August. ... [more] 30 Sep, 2010
Why is Woolworths buying out its franchises?
businessday.co.za - Click through for more Q&A on BusinessDay.co.za. ... [more] 10 Sep, 2010
Famous Brands Grows Acquisitions Appetite.
allafrica.com - Brands was counting on weak consumer spending to make potential acquisitions cheaper, CEO Kevin Hedderwick said yesterday. ... [more] 12 Aug, 2010
Famous Brands makes belated foray into chicken sector with Giramundo buy.
busrep.co.za - Famous Brands would open at least 20 outlets a year over the next five years of its new chicken fast-food brand, the group said yesterday. ... [more] 3 Aug, 2010
Franchisees settling old Scores.
mg.co.za - When Mandla Sibeko opened a Pick n Pay store in Kliptown, Soweto, in 2008, it was a defining moment for both Sibeko and the retailer. ... [more] 30 Jul, 2010
Pick 'n Pay to open more stores in Zambia.
busrep.co.za - South Africa's Pick 'n Pay will open seven stores in Zambia in the next five years as the country's second biggest grocery retailer builds its presence in the continent. ... [more] 22 Jul, 2010
World Cup fattens food franchises.
pretorianews.co.za - South Africa's franchise restaurants benefited handsomely from World Cup tourism, the company that owns them said on Monday. Sales across Famous Brands' local restaurant network grew 24%... [more] 19 Jul, 2010
Franchise proves winning formula.
busrep.co.za - Luxury goods group Richemont opened nine more franchises last year. The world’s largest producer of luxury products, with brands such as... [more] 19 Jul, 2010
Pick n Pay plans Africa expansion.
busrep.co.za - Pick n Pay should use the proceeds from the sale of its struggling Australian operations to compete more effectively in South Africa and expand its footprint in the region, analysts said. ... [more] 5 Jul, 2010
Famous Brands launches BEE programme.
busrep.co.za - Integrated food and beverage business Famous Brands on Monday said it had launched a Black Economic Empowerment owner-driver initiative aimed at developing entrepreneurs. ... [more] 7 Jun, 2010
Bigger business and franchise expo at the dome.
bizcommunity.com - The new-look Business Opportunities and Franchise Expo will run from 16-19 September 2010 at the Coca-Cola dome in Northriding. ... [more] 1 Jun, 2010
State's Small Business Body Writes Off Millions.
allafrica.com - The government's wholesale small business promotion agency Khula had written off R220,6m of its loans advanced to its intermediary clients and partners between 2003-04 and 2009-10. ... [more] 20 May, 2010
Franchisees get legal protection.
fin24.com - The franchise industry is set to undergo major changes that will see franchisees begin to enjoy more protection from the arm of law. ... [more] 5 Apr, 2010
No joy for clients - Franchisor responds, but complainants are not satisfied.
sowetan.co.za - For the past two weeks we have been running reports about Multiserv franchisees who said they have been given a raw deal by the company. ... [more] 8 Mar, 2010
Multiserv cheated us, say entrepreneurs.
sowetan.co.za - After last week’s publication about the challenges faced by an entrepreneur who claimed she had been unfairly treated by Multiserv, Consumer Line received other complaints from entrepreneurs about... [more] 1 Mar, 2010
Cell C franchisees up in arms.
fin24.com - Anger is growing among franchise owners of Cell C stores, who claim the cellular telecommunications firm has not been transparent in its decision to restructure its national stores network. ... [more] 5 Mar, 2010
Cell C revamps franchises.
fin24.com - Cellular telecoms company Cell C has said it is restructuring its reseller network, a process that will see some existing franchisee agreements being discontinued. ... [more] 2 Mar, 2010
Mortimer Harvey wins Innscor Africa franchise business.
biz-community.com - Zimbabwe-based Innscor Africa Limited has appointed Mortimer Harvey to handle all advertising for the company's ‘fast food' or ‘quick service restaurant' (QSR) franchise division. ... [more] 2 Mar, 2010
Franchising lessons from Mugg & Bean's founder.
bizcommunity.com - The real enemy of the hospitality industry is ourselves, and unless we change our thinking about the industry's fragmentation and keep up with trends, we are headed into big trouble... [more] 25 Feb, 2010
Franchising directory available to public.
bizcommunity.com - The annual franchising directory from the Franchise Association of Southern Africa (FASA) will go on sale at selected bookstores countrywide. This is the first time the directory will be made available to the public... [more] 24 Feb, 2010
Street vendors to join franchise.
fin24.com - A new business concept will attempt to get street vendors involved in what will be the country's largest franchise group. ... [more] 21 Jan, 2010
South Africa's famous restaurant Spur Steak Ranches opens in Dubai.
ameinfo.com - At last, the UAE will have the opportunity to experience 'the vibe' of South African's old and loved steakhouse, Spur Steak Ranches. AMA General Trading has secured the GCC franchise for Spur. ... [more] 18 Jan, 2010
Ackerman, Saccawu stand off over strike.
br.co.za - More fuel was added to the racism blaze between Pick n Pay and the SA Commercial, Catering and Allied Workers Union (Saccawu) yesterday. ... [more] 18 Dec, 2009
Ackerman doesn't understand racism: Saccawu.
br.co.za - Pick n Pay's chairman Raymond Ackerman does not understand racism, the SA Catering and Commercial Allied Workers' Union (Saccawu) said on Thursday. ... [more] 17 Dec, 2009
Ackerman outraged at racism accusation.
br.co.za - Pick n Pay's chairman Raymond Ackerman is "outraged" at what he called the "appalling accusation" by the SA Commercial, Catering and Allied Workers' Union (Saccawu) of racism in the company. ... [more] 17 Dec, 2009
Pick 'n Pay workers hand over memorandum.
br.co.za - Thousands of Pick 'n Pay workers protesting against alleged racism in the company handed over a memorandum of grievances at its head office in Kensington, Johannesburg, on Friday. ... [more] 11 Dec, 2009
Saccawu tackles racism in its sectors.
br.co.za - Retail giant Pick n Pay is the fourth company to be accused of "racist practices" this year by members of the SA Commercial, Catering and Allied Workers' Union (Saccawu) who work for the companies. ... [more] 9 Dec, 2009
Saccawu plans industrial action against Pick 'n Pay.
br.co.za - The South African Commercial, Catering and Allied Workers' Union (Saccawu) is planning industrial action against listed retailer Pick 'n Pay, the union said on Monday. ... [more] 7 Dec, 2009
How franchising can help expand your business.
businessdailyafrica.com - A franchise/franchising is one way that holders of well known brands, especially in the service industry, can earn extra revenue without necessarily having to expend a large capital investment. ... [more] 19 Oct, 2009
Dis-Chem opens its first franchised stores.
supermarket.co.za - Dis-Chem, South Africa’s leading chain of discount pharmacy super stores is ready to roll-out its first three franchised stores – in Nelspruit, Port Elizabeth and East London. ... [more] 28 Sep, 2009
Restaurant group spurred on by brand loyalty.
businessday.co.za - The Spur Corporation's brand strength was reflected in its results for the year ended June 30 2009, released today. ... [more] 10 Sep, 2009
Franchise sector needs better regulation — professor.
businessday.co.za - There had been little research on the law regulating the franchise sector in SA despite the growth in the industry over the past 15 years, Prof Tanya Woker, of the University of KwaZulu- Natal, said... [more] 26 Aug, 2009
Pick n Pay takes trade to townships.
businessday.co.za - Pick n Pay’s franchising strategy could prove to be a winning formula for the food retailer in its effort to penetrate mass markets, particularly the Soweto market where its competitor, Shoprite, has been... [more] 24 Aug, 2009
Estate agents sue each other for millions over loss of franchise.
dispatch.co.za - Three former partners in a Lew Geffen/Sotheby’s International Realty estate agency franchise in Port Alfred are suing one another for millions of rands in lost revenue after the franchise was terminated... [more] 21 Aug, 2009
SA’s first lubricants franchise being set up.
engineeringnews.co.za - Lubricants blender and supplier Blue Chip Lubricants is overhauling its branding and business structure, and this includes expanding through the establishment of a lubricants franchise, the first... [more] 14 Aug, 2009
Women shine as franchisees.
businessday.co.za - Women entrepreneurs were playing an important role in the franchising business and headed more than 20% of all franchised business operations in SA. ... [more] 5 Aug, 2009
Mugg & Bean to move into rural areas after Famous Brands buyout. Famous Brands would look at placing the latest Mugg & Bean franchise restaurants in rural areas as part of its growth strategy for its newly acquired brand, Kevin Hedderwick, the chief operating officer at the quick-service restaurant franchisor, said yesterday. .... [more]
28 Jul, 2009
Famous Brands buys Mugg & Bean brand. Listed fast food franchisor Famous Brands has bought the South African and African business of coffee-house Mugg & Bean for a cash consideration of R104 million, it said today. .... [more]
27 Jul, 2009
Hooters to Kick Off in South Africa Before 2010 World Cup. Today Hooters of America, Inc. announced that it has signed a Franchisee Agreement with Chanticleer and Shaw Food PTY, LTD to open Hooters Restaurants in The Republic of South Africa prior to the 2010 World Cup. .... [more]
10 Jul, 2009
Far-reaching legal changes for franchises. Owners of franchise businesses who failed to comply with the Consumer Protection Act could end up facing fines of up to R1m when the act became active in October next year, Simone Monty, a director of Routledge Modise in association with Eversheds, said in Johannesburg last week. .... [more]
22 Jun, 2009
SA coffee shop brand opens in London. South African coffee shop brand Vida e Caffe is defying the credit crunch, opening its first store on London’s posh Regent Street in March. .... [more]
22 May, 2009
Franchises fire up Famous Brands. Food services company Famous Brands said it will continue its aggressive growth strategy by opening 135 new restaurants and revamping another 100 in the year ahead. .... [more]
21 May, 2009
Franchise Sector Benefits From Crisis. While most sectors of the economy have suffered as a result of the global economic decline, the franchising sector appears to have benefited, with an increase in the number of application inquiries. .... [more]
4 May, 2009
Pick N Pay Expanding in Soweto. Food retailer Pick n Pay, which won two franchising awards last year, is set to expand further in Soweto with its fifth and sixth store opening this month. .... [more]
29 Apr, 2009
Franchising… safety net behind economy. The Franchise Association of South Africa presented its annual awards for excellence in franchising at the International Franchise Expo and Franchise Convention in Sandton last week. .... [more]
15 Apr, 2009
SA franchising industry 'lagging behind'. The franchising industry is "lagging behind" other countries, even though it is key to the small business sector, FNB said on Thursday as it published a survey entitled Franchise Think Tank 2009. .... [more]
2 Apr, 2009
2009 Franchising Convention. To celebrate its 30th anniversary, the Franchise Association of Southern Africa (FASA) is proud to present the 2009 Franchising Convention which will be taking place at the Sandton Convention Centre from the 2 April - 4 April 2009. .... [more]
27 Feb, 2009
A hot franchising trend. The franchising sector is seeing a growing trend for franchisees owning more than one store in a region, but this presents challenges for all parties, say industry experts. .... [more]
19 Feb, 2009
Shoprite views expansion in Africa. South African retail group Shoprite Holdings, which on Wednesday reported a full basket of trading profits - up 38.2% at R1.4 billion for the six months ended December - plans to further cement its presence throughout Africa with the opening of new stores and distribution centres. .... [more]
19 Feb, 2009
US group votes Pick 'n Pay tops. Pick n Pay has been voted the world's best retailer by international retail organisation, the National Retail Federation. .... [more]
13 Jan, 2009
Franchisees' protection a feature of new bill. The landmark Consumer Protection Bill lays the foundation for a new era of consumerism in SA by introducing a single, comprehensive legal framework for consumer protection, says Chris Charter, director at law firm Cliffe Dekker Hofmeyr. .... [more]
20 Nov, 2008
Bill to boost franchisees. Franchisees are likely to see their lives improve when the Consumer Protection Bill comes into play in few months. So says Rosalind Lake, an associate at legal firm Deneys Reitz. The bill prohibits franchisors from insisting that franchisees buy products from suppliers nominated by them. .... [more]
14 Nov, 2008
Mugg & Bean buys into cafe. Mugg & Bean had bought a 50 percent stake in young brand Sugo Rosso Cafe, the coffee maker said yesterday. .... [more]
6 Nov, 2008
Italtile to raise Shs10billion showroom. Italtile, a leading South African retailer of imported and local ceramic tiles worldwide, has availed plans to build a franchise showroom in Uganda next year. .... [more]
6 Nov, 2008
Famous Brands keeps prices steady to stay in the game. Famous Brands had held back restaurant selling price rises to 6.7 percent to remain competitive, the franchisor of Wimpy, Steers and Debonairs Pizza said yesterday. .... [more]
28 Oct, 2008
Fill up at a Pick n Pay service station. Food retailer Pick n Pay and petroleum company BP have combined forces in a pilot programme set to change the face of petroleum retailing and convenience shopping in South Africa. .... [more]
21 Oct, 2008
Franchising Grows Employment, GDP and Turnover. The Franchising sector’s thriving success, sustainability and substantial contribution to the economy has once again been highlighted by the findings of The Standard Bank Franchise Factor survey. .... [more]
20 Oct, 2008
Government 'Slow to See' Franchising's Job-Creation Possibilities. SA's franchise sector created 67000 jobs and its turnover rose 37% to more than R256bn in the past two years, showing the sector's potential to put a dent in the country's unemployment figures, an expert in franchising said yesterday. .... [more]
17 Oct, 2008
Pick n Pay to test small-shop format. Pick n Pay is opening a small-format store today as part of its renewed bid to entice suburban convenience shoppers away from rivals Spar and Woolworths. .... [more]
23 Sep, 2008
November 1 flexes its branding muscle at Curves. In South Africa, branding agency November 1 will be supporting Curves with the promotional line items used in their successful rewards programme and with the distribution of equipment to franchisees. .... [more]
8 Sep, 2008
Shoprite pushes its expansion harder in Africa. Food and furniture retailer Shoprite vowed yesterday to push ahead with its expansion into Africa. .... [more]
3 Sep, 2008
Information is franchisees' best friend in agreement with franchisors. The proposed Consumer Protection Bill needed to be specific about the information that a franchisor had to disclose to ensure that franchisees were not abused, Tanya Woker, a professor of law at the University of KwaZulu-Natal, said this week. .... [more]
10 Jul, 2008
Ex-franchisees of Mr Video challenge contract. Five former Mr Video franchisees in KwaZulu-Natal want to stop the company from opening up more outlets, and they are preparing legal action in a bid to prove that the company's franchise agreement is designed to make franchisees fail. .... [more]
3 Jul, 2008
Mr Price to accelerate expansion in Africa. Discount fashion retailer Mr Price plans to accelerate its expansion in the rest of Africa this financial year with its low-risk franchise model. .... [more]
2 Jul, 2008
Mr Video found guilty. The Mr Video movie rental franchise, which has been interdicted and restrained from renting out films not acquired through Nu Metro, was ordered in the Cape High Court on Monday to hand over the DVDs to Nu Metro and the copyright holders. .... [more]
24 Jun, 2008
Dis-Chem Boost for Pharmacists. Pharmacy chain Dis-Chem would use its franchising expansion strategy to help retain young pharmacy graduates and assist black entrepreneurs to enter the market, the group said yesterday. .... [more]
24 Jun, 2008
Mr Video faces another legal wrangle. Mr Video could be hit by further litigation - this time from some of its former franchisees who have accused the DVD rental company of "grossly unfair business practices". .... [more]
18 Jun, 2008
Franchisor to Use Rugby to Turn Men On to Beauty Care. Health and beauty franchisor Placecol is set to open its first outlet catering for men, but instead of the traditional salon look, Placecol Man will boast rugby screens and a "more masculine environment". .... [more]
12 Jun, 2008
Wimpy UK beefs up Famous Brands. Fast-food franchiser Famous Brands’ acquisition of Wimpy UK more than doubled its turnover growth. Wimpy UK is to be used as a springboard for a British invasion of its local chains, which include Steers, Whistle Stop, Debonairs Pizza, FishAways, House of Coffees and Brazilian. .... [more]
20 May, 2008
Simply Asia to Expand Nationally. Franchise group Simply Asia said last week it aimed to have a national presence by 2010, with outlets in all of the major shopping centres, and will grow its footprint by 12 stores this year. .... [more]
15 May, 2008
Taste Sees Downturn As Boon for Cheaper Fast Food. Franchise group Taste Holdings expects to weather the slowdown in consumer spending as South Africans trade down to fast-food outlets that offer value for money. .... [more]
7 May, 2008
Sasol franchisees get sizeable BEE stake. The owners and employees of Sasol's franchised retail outlets have emerged as a sizeable block of shareholders in the petrochemical group's recently unveiled R25.9 billion black economic empowerment (BEE) deal. .... [more]
29 Apr, 2008
Fast-food group has taste for jewellery. ALTX-listed fast-food franchiser Taste Holdings said yesterday it was moving beyond just having interests in the food services sector and was set to acquire jewellery chain NWJ Holdings for R120m. .... [more]
10 Apr, 2008
Spur Deal Ends UK Franchise Legal Dispute. Restaurant franchise group Spur had signed an agreement giving it all future franchise rights for the UK and Ireland and ending a legal dispute with the group that owned the master franchise rights there. .... [more]
1 Apr, 2008
Meet the original soul man. In the late 1960’s, there were no fast food outlets where you could buy hot wings and this was George Sombonos inspiration to start his fried chicken business. .... [more]
25 Mar, 2008
Alive and very well, especially for BEE. Franchising is a successful business model in terms of being able to deliver the growth needed in small business development in South Africa. In addition, Standard Bank head of franchising Frank Orchard commented that franchisers had recognised the value of reflecting the demographics of a country when they expanded. .... [more]
23 Mar, 2008
Spur Trims Fat to Spare Customers' Bacon. Family restaurant group Spur said rising food costs were placing pressure on its margins as it was not able to fully pass on increased costs to customers. .... [more]
29 Feb, 2008
Franchise opportunities offer a leg up for entrepreneurial spirit - if you're not too independent. In South Africa, franchising contributes about 12 percent to the gross domestic product and employs 412 428 people. And it's not all McDonald's and KFC: a quick look through the Franchise Association of Southern Africa yearbook reveals a surprisingly diverse range of business concepts, from fast food to retail and beyond. .... [more]
28 Feb, 2008
FOCUS Brands announces international developments. Focus Brands Inc. has announced the opening of several Schlotzsky’s locations in Saudi Arabia, Kuwait, South Africa and Jordan, set to take place throughout the year. .... [more]
15 Feb, 2008
Pick n Pay to cut power consumption by 20% Pick n Pay is well-equipped to deal with the effects of load-shedding, with most major stores having their own generators to protect the cold chain and run tills, lights and security. But the company believes that what is more important is the national role it has to play by significantly cutting back on its own electricity usage. .... [more]
30 Jan, 2008
Truworths bucks trend of sales fall. Fashion retailer Truworths has bucked the declining clothing sales trend, squeezing out real growth in volume sales and lifting its share price nearly 6 percent on Friday. .... [more]
21 Jan, 2008
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