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UNITED STATES FRANCHISE NEWS ARCHIVE

 
: : Dec 2000

INTEREST - Amazon's sales soar. Online retailer Amazon has provided an end-of-year lift for the dot.com world by reporting record sales over the holiday period. .... [more] 28 Dec, 2000
Cendant on track for 2001. Cendant, the US real estate franchiser and direct marketer, assured investors and analysts on Wednesday that it was comfortable with its earnings outlook for next year, even as it pays off charges from its $2.8bn class action lawsuit. .... [more] 21 Dec, 2000
Pizza Hut Appeals Advertising Case. A fight between two big pizza chains over television commercials could be settled by the U.S. Supreme Court. .... 21 Dec, 2000
Cendant sees Q1 earnings below forecasts. Franchising giant Cendant Corp. on Wednesday forecast 2001 first-quarter earnings far below Wall Street forecasts. .... 20 Dec, 2000
New York Supreme Court Rules That LaVan Hawkins Must Pay Franchise Acceptance Corporation $8.4 Million. .... 19 Dec, 2000
Cendant to process loans for Merrill's credit unit. Merrill Lynch and Co. Inc. and Cendant Corp. said on Monday that the No. 1 U.S. brokerage will use franchising giant Cendant's services to process and service loans beginning in January. .... 18 Dec, 2000
Gaylord Sells Tenn. KOA Kampground. Gaylord Entertainment Co. has sold its 435-site KOA Kampground near the Grand Ole Opry and the Opryland Hotel to a Montana company. .... 18 Dec, 2000
Judge Tosses Out Burger King Suit in Detroit. A federal judge Friday threw out a $1.9-billion lawsuit franchisee La-Van Hawkins filed against Burger King Corp. .... 16 Dec, 2000
Owner of Hardee's and Carl's Jr. Posts Big Loss. CKE group blames increased costs and declining sales. It plans to sell Taco Bueno chain. .... 15 Dec, 2000
Panera reiterates CEO's sale of 100,000 shrs. The Panera Bread Co. said on Thursday that Ron Shaich, the company's chairman and chief executive, sold 100,000 shares. .... 14 Dec, 2000
Chef Badly Wounded Chasing Masked Robber at Restaurant. A chef at a Lower Manhattan restaurant and bakery was shot twice by a masked man who herded him and two co-workers into a basement during an early morning robbery, the police said. .... 13 Dec, 2000
McDonalds girds for mad cow profit hit. McDonald's Corp. on Monday slightly trimmed its earnings forecast for 2000 as the beef crisis in Europe bit into November sales. .... 13 Dec, 2000
Investor to Buy Big Boy Chain Eateries. A federal bankruptcy judge signed off on an investor's plan to buy trademark and franchise rights to Big Boy restaurants in a $24.8-million cash deal, preserving one of dining's best-known logos. .... 11 Dec, 2000
European problems nag McDonald's. Europe has not been kind to McDonald's Corp. this year. First, extended weakness in the continent's currency, the euro, hurt the Oak Brook-based hamburger chain's profits. Now, the recent outbreak of mad cow disease is expected to take a bite out of sales because many Europeans are avoiding beef, analysts said. .... 8 Dec, 2000
Brinker International sets 50 pct stock dividend. Brinker International, which operates the Chili's Grill & Bar franchise, said on Friday that it had set a 50 percent stock dividend. .... 8 Dec, 2000

Wendy's Same-Store Sales in U.S. Up. Fast food chain Wendy's International Inc., on Thursday said its preliminary sales for stores open at least a year rose 3.4 percent in November from a year earlier, as its late-night business grew. .... 7 Dec, 2000
INTEREST - Retailers Catch Up With Internet. Last year, Jo-Ann Beltramello and Rhoda Segerstrom shopped at pure online retailers like Buy.com. This holiday they will do most of their Internet shopping on Web sites tied to big brick-and-mortar retailers, like Talbots and Crate & Barrel. .... 7 Dec, 2000
Real estate firms complete merger. The union of two well-known real estate companies will probably go mostly unnoticed in this area. .... 6 Dec, 2000
RadioShack Sales Up, Sees Strong Quarter. Consumer electronics retailer RadioShack Corp. on Tuesday reported higher November sales and forecast one of the strongest fourth quarters in RadioShack history. .... 5 Dec, 2000
Diedrich Coffee Struggles as Major Expansion Falters. Diedrich Coffee Inc.'s ambitious plans to expand nationwide propelled the Irvine specialty coffee chain to the nation's No. 2 slot, behind behemoth Starbucks Corp. .... 2 Dec, 2000
Max & Erma's Restaurants Announces Multiple Franchise Agreements; Opens First St. Louis. .... 2 Dec, 2000
Chicken McNoggin, Hold the Fries. It starts when an office worker says, "Hey, did you hear about the Chicken Head?" .... [more] 1 Dec, 2000
Big Mac Deal Boosts EarthShell Stock. Shares of EarthShell Corp. rose 14% after it said McDonald's Corp. approved the use of its biodegradable sandwich containers for the biggest restaurant chain's Big Mac hamburgers in 300 restaurants. .... 1 Dec, 2000
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