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 UNITED STATES FRANCHISE NEWS ARCHIVE
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: : Dec 2000
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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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