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SOUTH AFRICA FRANCHISE NEWS ARCHIVE

 
: : Jan-Jun 2005

Church's Chicken in SA. Church's Chicken, the world's second largest fried chicken franchise, will soon be spreading its wings over the Western Cape. .... [more] 28 Jun, 2005
Famous Brands plans 80 new restaurants a year. Quick-service restaurant group Famous Brands is confident of experiencing enough sustained demand to open 80 new restaurants per year on average across its franchises over the next three years. .... [more] 8 Jun, 2005
Franchising structures pose collusion danger. The competition commission has cautioned that the structure of franchising has the potential to create collusion among competitors. .... [more] 7 Jun, 2005
Pick 'n Pay 'not so empowered'. Retailer Pick 'n Pay has discovered it is not as empowered as it thought it was, according to chair Gareth Ackerman. .... [more] 3 Jun, 2005
Pick ’n Pay to build nine new supermarkets. Supermarket group Pick ’n Pay Stores has doubled its planned capital spending for the current year to R601,7m from R318,6m last year. .... [more] 25 May, 2005
Famous Brands to open 489 more outlets by 2010. Famous Brands, the owner of Wimpy, Steers and Debonairs Pizza brands, plans to open 489 more stores by 2010, representing an investment of up to R489 million and which will create about 9 700 jobs. .... [more] 18 May, 2005
Fast food a way of life. “We have set ourselves the goal of having 1,500 stores open by 2010. Ours is no longer a luxury purchase, it is becoming an essential item,” says Famous Brand’s chief operating officer. .... [more] 17 May, 2005
New chickens threaten Nando's. The trendy and hip eateries mushrooming all over Tshwane called Chicken Kwasa is a business phenomenon rising like a phoenix out of nowhere. .... [more] 8 May, 2005
Scooters adds Maxi’s Grill chain to its menu. Scooters Pizza has wholly acquired the franchised family restaurant chain, Maxi’s Grill Marketing, for an undisclosed sum, in a move that nearly doubles the group’s turnover for the current year. .... [more] 4 May, 2005
Pick ’n Pay reins in costs to lift earnings 20% Tight control of operating expenses in an environment of low or no price increases was one of the main achievements underlying supermarket chain Pick ’n Pay Stores results for the year to February. .... [more] 20 Apr, 2005
Scooters aims for larger base by opening another 20 stores. Franchised pizza delivery group Scooters Pizza would establish another 20 stores nationally in this financial year and aim for a 40% increase in turnover to R187m. .... [more] 11 Apr, 2005
Two women take the helm at the Franchise Association of Southern Africa. For the first time in the history of FASA, two women have been appointed to the helm of the association. .... [more] 10 Apr, 2005
7-Eleven litigants undaunted by ruling. Despite a legal setback last week, another 69 cases against 7-Eleven Corporation are pending from franchisees who are still determined to pursue their litigation. .... [more] 7 Apr, 2005
Nashua merges unit with BEE franchise. Office automation company Nashua is to merge its direct selling operation, Nashua Office Automation, with black-owned franchise Nashua Kopano, creating the largest black-empowered company in the industry. .... [more] 7 Apr, 2005
7-Eleven Supreme Court appeal successful. Following the Supreme Court of Appeal's judgement last month, disgruntled franchisees will now have to pay withheld monies - in the region of R25-million - to 7-Eleven Corporation. .... [more] 4 Apr, 2005
Chopsticks Drawn Over Yo! Sushi. YO! Sushi is not likely to introduce a South African brand of the British restaurant chain any time soon, says founder Simon Woodroffe. .... [more] 1 Apr, 2005

Famous Brands buys Trufruit in quest to spread wings. Fast-food chain group Famous Brands has wholly acquired fruit-juice manufacturer Trufruit for an undisclosed sum. .... [more] 18 Mar, 2005


Irish-based sandwich bar chain comes to SA. O'Brien's, an internationally successful Irish sandwich bar chain with more than 260 outlets in 13 countries, celebrated St Patrick's Day a day in advance by opening its first branch in South Africa yesterday. .... [more] 17 Mar, 2005

Spur grows profit as middle class eats out. The substantial growth in spending power over the past two years in the middle class and the opening of new restaurants helped grow family restaurant franchise group Spur Corporation’s profit. .... [more] 4 Mar, 2005

INTEREST - Small firms get incentives and reduced red tape, while BEE gets money. A series of tax incentives aimed at encouraging the growth and development of small businesses was tabled by Trevor Manuel yesterday. .... [more] 24 Feb, 2005
New Clicks appoints new brand head. Health and beauty group New Clicks Holdings has appointed Michael Harvey as head of the integrated Clicks and pharmacy brands. .... [more] 22 Feb, 2005
Ailing Kingco pins hopes on new Keg Cafe. Kingco, the owners of the Bimbos, Keg and McGinty's restaurant brands, has launched a new concept, Keg Cafe, in a bid to capture a slice of the coffee drinking market to help its ailing business. .... [more] 10 Feb, 2005
Italtile lifts turnover by a third to R997m. Strong growth in volume sales, underpinned by the rallying new residence and DIY renovation market, had seen Italtile, the listed tile and bathware retailer, lift turnover by nearly a third. .... [more] 10 Feb, 2005
Police on the prowl for 'franchise conman'. Two farmers paid a deposit of R300 000 for the "franchise" of a popular Burg Street Internet coffee shop - only to find they had been conned and the shop owner had no intention of franchising her business. .... [more] 7 Feb, 2005
New Clicks could shut 20 of its drug stores. Listed healthcare and beauty retailer New Clicks was looking at closing about 20 of its stand-alone pharmacies due to the current uncertainty surrounding the medicine pricing regulations. .... [more] 25 Jan, 2005
Woolworths gets stable outlook from Moodys. International rating agency Moody's Investors Service has assigned a long-term national scale senior unsecured issuer rating of A3.za to Woolworths Holdings Limited. .... [more] 25 Jan, 2005
Metcash investors clear path for Metoz buyout. Shareholders of Australian-listed grocery and liquor wholesaler Metcash Trading have approved a number of resolutions that will facilitate the group's plan to buy the 60% stake in Metcash held by South African -listed holding group Metoz. .... [more] 24 Jan, 2005
Spar to open 130 new branded stores in expansion drive. The Spar group will bring another 130 branded stores on-stream in the current financial year. .... [more] 19 Jan, 2005
New Clicks 'in a state of transition'. Several aspects of New Clicks Holdings' activities are in a state of transition and in varying stages of progress, chairman David Nurek says in the group's latest annual report. .... [more] 3 Jan, 2005
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