| Franchise Resources, Information and News
Franchise-chat homepage



: : Jul/Aug 2000

Sizing up. Marks & Spencer is launching its first substantial television advertising drive, with a planned campaign budget of 20m, in an effort to revive the retailer's flagging fortunes. .... [more] 31 Aug, 2000
M&S fails to stem clothing sales fall. Marks & Spencer was dealt a fresh blow yesterday when leaked documents revealed a fall in its clothing sales, despite its restyled range and revamped image. .... [more] 28 Aug, 2000
Ann Summers to open sex shop in Mecca. Ann Summers, the sex shop and lingerie chain, has been granted permission to open 22 shops in the Middle East, including one in the holy city of Mecca. .... 27 Aug, 2000
M&S disputes sales slump. Retailer Marks & Spencer has played down the significance of leaked figures suggesting its clothing sales are continuing to tumble. .... [more] 27 Aug, 2000
M&S franchisee closes Austrian stores. Struggling British retailer Marks and Spencer Plc said on Friday the owner of its franchise in Austria has decided to close two more stores due to continuing underperformance, having already shut one. .... 25 Aug, 2000
Property slowdown hits estate agency chain. The housing market slowdown is starting to bite, with Britain's largest estate agency yesterday reporting a 27% drop in first-half profits. .... [more] 24 Aug, 2000
M&S chief: I should have quit sooner. Sir Richard Greenbury, the former chairman of Marks & Spencer, has admitted that his last year in charge of Britain's biggest retailer was "disastrous", as the company spent hundreds of millions of pounds on a misjudged expansion strategy. .... [more] 23 Aug, 2000
Listing for cyber cafe chain. Entrepreneur Stelios Haji-Ioannou, who brought mass market low-cost flying to Britain, is to float his chain of internet cafes, which has risen in value by ten times in a year. .... [more] 18 Aug, 2000
UK retail sales flat. UK retail sales were weaker than expected in July as price cuts by retailers failed to draw in consumers. .... [more] 18 Aug, 2000
EasyEverything plans flotation for internet cafes. Stelios Haji-Ioannou, owner of the EasyJet low-budget airline, is planning a stock market flotation of his growing chain of 24-hour internet cafes. .... [more] 17 Aug, 2000
Abbey to outsource credit cards. Last month its emerged that Abbey had drawn up plans to hand over its 780-strong branch network to local managers acting as franchisees. .... 13 Aug, 2000
M&S shares: 10-year low. Marks and Spencer appears to have failed to convince investors that it is on the road to recovery. .... [more] 11 Aug, 2000
Millions of car repairs 'unsafe.' More than a million cars receive defective and sometimes unsafe repairs each year, according to a report by the Office of Fair Trading today. .... 10 Aug, 2000
INTEREST - Wal-Mart, AOL join Shopsmart. American retail giant Wal-Mart has joined up with AOL Europe to take a stake in UK internet firm ShopSmart. .... [more] 9 Aug, 2000
McDonald's sued over 'too hot' drinks. Court action against the fast food chain McDonald's by customers who claim they were burned by the restaurant's hot drinks begins on Wednesday. .... [more] 2 Aug, 2000
Sales rise adds to rates dilemma. High street sales in the UK showed signs of revival in July, according to a new survey and that news could signal a rise in interest rates. .... [more] 2 Aug, 2000
Abbey's coffee bar an instant hit. Carol Haste, manager of Abbey National in High Barnet, thought she had seen everything in her 22 years of service, but when the bank suggested renovating the branch and installing a Costas coffee bar, she laughed. .... 2 Aug, 2000

Abbey's expresso service. UK High Street bank Abbey National will open on Tuesday its first branch with a coffee shop inside. .... [more] 1 Aug, 2000
INTEREST - Online shopping gets more convenient. Thousands of local shops will soon be acting as drop-off and pick-up points for the goods that people buy online. .... [more] 27 Jul, 2000

Abbey franchise pilot puts the power with managers. Over 40 branches of Abbey National will next week be operated on a franchise basis as the high street bank launches a new pilot scheme. .... 26 Jul, 2000
Cash is welcome but call is for better management. Gordon Brown announced 190m additional funds for the new Small Business Service over the next three years as part of his spending spree last week. .... 24 Jul, 2000
Domino's e-pizza orders top 1m. Pizza delivery firm Domino's says online sales now average 50,000 per week in the UK and Ireland. .... [more] 20 Jul, 2000
M&S investors attack everything from pay to pockets.
Marks & Spencer's new chairman, Luc Vandevelde, came through his toughest test yet yesterday: a 90-minute grilling by the company's army of blue-rinsed shareholders. .... [more] 20 Jul, 2000
M&S chairman woos investors.
He worked the crowd like a vaudeville pro, joking with the audience, teasing his directors and even turning to show an elegantly clad behind to prove a point about the pockets on men's trousers. .... [more] 20 Jul, 2000
RELATED - Debenhams to build 11 new stores.
Creation of 4,000 jobs encouraged by strong clothing sales .... [more] 20 Jul, 2000
M&S: We'll be good again.
The new chairman of Marks & Spencer has told shareholders it was not a question of if, but when the retail chain is going to recover. .... [more] 20 Jul, 2000
M&S still in the doldrums.
Marks and Spencer, the troubled UK-based food and clothing retailer, on Wednesday released figures showing a slow down in its revival, with comparable total sales for the 16 weeks to July 15 up by 3.2 per cent and like-for-likes up 0.9 per cent. .... [more] 20 Jul, 2000
Discount stores for M&S.
Britain's biggest clothing retailer, Marks and Spencer, said yesterday it planned to launch a chain of discount stores and join its rivals in targeting the UK's growing band of bargain hunters. .... 14 Jul, 2000
M&S moves into outlets.
Marks and Spencer will soon be offering its clothing at discounts of more than 30 per cent in factory outlet malls. .... [more] 13 Jul, 2000
High Street recovery slows.
High street sales growth slowed in June as a result of early than usual seasonal bargains and the Euro 2000 soccer tournament. .... 11 Jul, 2000
Fatty Arbuckles goes bust.
Fatty Arbuckles, the American-style diner chain, has gone into receivership. .... 10 Jul, 2000
Diageo faces tough task as Burger King loses ground.
Diageo will reveal this week that US sales at its Burger King fast-food chain remain worryingly sluggish, due to a poor performance from restaurants operated by franchisees. .... [more] 10 Jul, 2000
Budgens profit boost.
UK supermarket group Budgens says an increasing emphasis on providing high-quality fresh food has helped boost its profits by 16%. .... [more] 6 Jul, 2000
INTEREST - Firms fail to capitalise on internet.
Many leading UK and US companies risk losing business because of their failure to communicate effectively via the internet, according to a survey. .... [more] 6 Jul, 2000
Retailers feel the pinch.
Slow sales growth and static housing market prompt calls for no change on interest rates .... [more] 6 Jul, 2000
Barclays denies branch franchise plan.
Britain's fourth largest bank, Barclays Plc, denied on Tuesday that it was considering a franchise system for branches in an attempt to improve productivity. .... 4 Jul, 2000
Shop sales growth slows.
UK shops saw sales growth slow in June to its lowest rate for more than a year, according to figures from the Confederation of British Industry (CBI). .... [more] 5 Jul, 2000
Complications in luring real entrepreneurs.
Life is complicated enough for Abbey National customers, as comedian Alan Davies keeps telling them, but maybe not complicated enough for the bank's 160 local managers. .... 4 Jul, 2000
Abbey pioneers franchise scheme.
Abbey National is poised for a radical departure from the traditional high street banking structure by offering local managers the chance to act as franchisees. .... 3 Jul, 2000
INTEREST - Later on a Sunday for Tesco's online shoppers.
The supermarket chain yesterday increased the delivery period for its online customers to 12 hours on Sundays, following a big increase in sales for the company's internet shopping service. .... [more] 3 Jul, 2000
Back to Top

News Links Registration
Some sites require first-time users to register. Once you've done this you're typically given unimpeded access to the news provider's site.

Get the news fast - while it lasts!
While some remain active for a longer period, many links last only a week, and others expire in a day. If you're serious about franchising, visit Franchise-chat daily.

Search site

  Copyright 2024