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UNITED STATES FRANCHISE NEWS ARCHIVE

 
: : Sep 2000

7-Eleven Woos Women with High Fashion Ad. In a first for a convenience store operator, 7-Eleven Inc. has ventured into the world of fashion with a full-page magazine advertisement that reads, ''New York. Paris. Milan. 7-Eleven.'' .... 29 Sep, 2000
Diedrich Coffee Plans to Sell Some Assets. Diedrich Coffee Plans to Sell Some Assets Times Staff and Wire Reports Diedrich Coffee Inc. is planning to sell some of its assets, including some company-operated coffeehouses outside of Southern California, as part of an amended credit agreement with a lender. .... 29 Sep, 2000
Captain Tony's Pizza, Inc. Announces the Signing of Three New Franchisees in Cleveland, Ohio. These units are open for business. .... 27 Sep, 2000
Ultimate Franchise Systems, Inc. Forms New Data.Com. .... 27 Sep, 2000
Subsidiary Hilton Bounces Back After Merger. The corporate marriage of Hilton Hotels Corp. and Promus Hotel Corp. seemed a perfect match to Hilton Chairman Stephen Bollenbach. But for many Hilton shareholders, last year's merger resembled a doomed relationship. .... 26 Sep, 2000
Diedrich Coffee Hopes to Stir Pot With a New CEO. Diedrich Coffee Inc., which is facing huge losses from its Gloria Jean's coffee store unit, hired turnaround expert and 30-year restaurant industry veteran J. Michael Jenkins to head the Irvine coffeehouse chain. .... 26 Sep, 2000
Buffalo's Cafe Expands Into Birmingham With New Prototype Design. .... 26 Sep, 2000
Pizza Hut Cooking Up New Appeal. Larry Dykstra remembers when the extent of Pizza Hut's decline hit him like a pie in the face. .... 26 Sep, 2000
Hard Rock Bringing in Live Music. The Hard Rock Cafe made its name with music memorabilia, guitars and gold albums safely preserved behind display-case glass. .... 25 Sep, 2000
Cendant sees 3rd qtr earnings meeting expectations. Franchising giant Cendant Corp. said Friday it expects its third quarter results to be in line with analysts' expectations of 29 cents per share, excluding its Move.com unit. .... 22 Sep, 2000
Gold's Gym International Continues Its Expansion of Corporate Owned Facilities by Acquiring Four Fitness Centers .... 21 Sep, 2000
Denny's Daring Entree. It's Sunday after church. Eggs fry. Bacon sizzles. The faithful, decked out in splendid attire, flock to Benning Road NE to experience a little miracle of sorts: a Denny's restaurant. .... [more] 21 Sep, 2000
Starbucks to grow in Europe. The US coffee retailing giant, Starbucks, is flexing its muscle in Europe, with the announcement a new Swiss joint venture and plans to enter five or six large European markets by 2002. .... [more] 19 Sep, 2000
Hyatt's Pritzker family to buy U.S. Franchise Systems. The Pritzker family, private owners of the Hyatt Hotels Corp., agreed on Tuesday to buy U.S. Franchise Systems Inc., franchiser of the Microtel and Hawthorn Suites hotel chains, in a deal that values the target at about $100 million. .... 19 Sep, 2000
McDonald's not stopping at fries and hamburgers. McDonald's has a vision that should scare the competition: 50,000 restaurants around the world within 10 years, and an ambition to make its brand name as powerful in e-commerce as it is in hamburgers. .... 19 Sep, 2000
Hilton Sees Hotel Sales in Future. Hilton Hotels Corp. wants to manage more hotels and own fewer, and is prepared to buy back shares in order to boost its stock price, Chief Executive Officer Stephen Bollenbach said on Monday. .... 18 Sep, 2000
Papa John's sees 2001 sales growth of 1-3 pct. Pizza restaurant owner and franchiser Papa John's International Inc. on Monday said that it expected 2001 comparable sales to increase 1 percent to 3 percent..... 18 Sep, 2000
Ben & Jerry's 'Stop and Taste the Ice Cream' Tour a Sweet Success; Americans Cry, 'It's a Bird, It's a Plane, It's a Giant Ice Cream Cone!.' .... 18 Sep, 2000
Minority Burger King Owners Weigh in Against Threatened Boycott. Today the Minority Franchise Association (MFA) of Burger King Corporation released new information outlining the reasons for its opposition to the national boycott of BURGER KING(R) restaurants planned by La-Van Hawkins and his companies along with the Reverend Al Sharpton: .... 15 Sep, 2000
Retail Sales Rise Modestly in August. U.S. retail sales rose a modest 0.2 percent in August as auto sales declined, the government said in a report on Thursday, providing fresh signs of a much-awaited slowdown in the blockbuster economy. .... 14 Sep, 2000
CKE Restaurants, Inc. Announces Second Quarter Results. .... 14 Sep, 2000

McDonald's Shares Fall on Currency. McDonald's Corp. stock tumbled Thursday after the company warned that foreign currency problems would hurt its third-quarter earnings. .... 14 Sep, 2000
Minority franchise group backs Burger King in dispute. A group representing minority Burger King franchisees on Wednesday voiced its opposition to a threatened boycott of the fast-food chain by African-American activist The Rev. Al Sharpton. .... 13 Sep, 2000
Burger King offers key ad account for review. Burger King's new North American president is disappointed with the number two fast-food chain's sales and advertising and is reviewing whether to award the main creative portion of its $400 million US ad account to a new agency. .... 13 Sep, 2000
McDonald's Sees 2000 Currency Impact. The effect of weak foreign currencies against a strong U.S. dollar could dampen its 2000 earnings per share by as much as 7 cents. .... 13 Sep, 2000
McDonald's August Sales Up 5 Percent. McDonald's Corp., the world's largest restaurant company, said on Wednesday that sales in August rose 5 percent to $3.60 billion, but its stock fell amid disappointment over the results. .... 13 Sep, 2000
Leader readies for African-American Burger King boycott. An African-American community leader has threatened to organise a nationwide boycott against Burger King, the world's second largest fast-food chain, unless the company adheres to his soon-to-be-issued standards. .... 11 Sep, 2000
CKE Chief Quits; Firm to Sell Taco Bueno Unit. Bogged down by the money-losing Hardee's hamburger chain and a long commute from Northern California, the head of CKE Restaurants Inc. quit Thursday as the company announced plans to sell its Taco Bueno chain for $90 million to reduce its debts. .... 9 Sep, 2000
Redskins, Domino's Cook Up a Truce. The Washington Redskins and Domino's Pizza have declared a truce in their simmering pizza-promotion dispute. .... [more] 8 Sep, 2000
McDonald's Can't Have Store Colors Its Way. Hoffman Estates joined the growing list of communities not buying into a McDonald's Corp. program that calls for painting all of its regional restaurants in its traditional red, white and yellow scheme. .... 7 Sep, 2000
Diageo cheered up by drive to drink. Britain's Diageo Plc reported a meagre 2.7 percent rise in annual profits on Thursday, which appeared to vindicate its decision to focus on alcholic drinks and jettison troublesome Burger King and Pillsbury. .... 7 Sep, 2000
RadioShack Same-Sales Rise 14 Percent. Consumer electronics retailer RadioShack Corp. on Wednesday said sales in August at company-owned stores open at least one year rose 14 percent as back-to-school sales of computers, audio-video devices and wireless communication products showed strong gains. .... 6 Sep, 2000
Labor Is the Top Problem For Franchise Owners. The labor shortage has emerged as the No. 1 headache for franchisees, often surpassing the traditional spats with parent franchise companies. .... 6 Sep, 2000
McDonald's Fires Underage Workers. Scores of underage workers hired in a mainland China factory that makes toys for McDonald's were fired following recent media reports about the situation, a Hong Kong labor-monitoring group said Monday. .... 4 Sep, 2000
Krispy Kreme Doughnuts to open 500 new stores. Krispy Kreme Doughnuts, one of this year's most successful offerings, plans to open 500 stores in the next four years, and analysts predict it could be the next big thing in branded speciality retailing. .... [more] 3 Sep, 2000
Pizza Hut Lawsuit Tossed. A judge immediately threw out a jury's decision Friday that Pizza Hut of America Inc. should pay $1.25 million to a black family for allowing a worker to send a receipt containing a racist slur. .... 1 Sep, 2000
Online Sales Rise 5.3%. Online purchases in the U.S. rose 5.3% to more than $5.5 billion in the second quarter from the previous three months, the Commerce Department said. .... 1 Sep, 2000
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