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 UNITED STATES FRANCHISE NEWS ARCHIVE
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: : Jan 2001
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McDonald's gobbles Pret stake. McDonald's has bought
a 33% stake in Pret a Manger, the UK-based upmarket sandwich shop
chain. .... [more]
31 Jan, 2001
Taco Bell franchisees get early 'rebates' from PepsiCo
Inc. In response to cries for financial assistance from one
of its biggest customers, Tricon Global Restaurants Inc., PepsiCo
Inc. has sent out rebates on its soda drinks to Taco Bell franchisees
six months early. .... 31 Jan, 2001
McDonald's tipped to swallow Pret chain-paper. British
sandwich bar operator Pret a Manger is expected to announce on Wednesday
it is selling out to a global fast-foods giant with McDonald's Corp
tipped as the likely buyer, the Financial Times reported on Wednesday.
.... 30 Jan, 2001
Ramada Wins Prestigious Leadership Award for Humanitarian
Action. In recognition of its success raising $100,000 for
a hurricane-ravaged primary school in the Dominican Republic, Ramada
Franchise Systems, Inc. has received the 2001 Lodging Leadership Award
for Humanitarian Action. .... 30 Jan, 2001
McDonald's: It's No Globalization Symbol. McDonald's
Corp is unfairly portrayed by critics as a symbol of globalization,
the fast-food chain's boss said on Tuesday. .... 30 Jan, 2001
Brazil Orders French Activist to Leave. Jose
Bove, a French anti-globalization activist who catapulted to fame
for trashing his local McDonald's, was ordered on Monday to leave
Brazil or face deportation for his role in a raid on a Monsanto biotech
farm. .... 30 Jan, 2001
Second Cup second-quarter profits drop. Second
Cup, the Canadian specialty coffee chain, posted sharply lower second
quarter profits on Monday due to a C$1.0 million charge and lower
franchise sales. .... 29 Jan, 2001
Recipe is not Kentucky fried, company says. A
recipe found in a Kentucky home where Harlan Sanders lived years ago
is not the colonel's still-secret "11 herbs and spices"
combination, the company which owns the fast food franchise said on
Monday. .... 29 Jan, 2001
Feeding Frenzy. At a medical meeting in Miami
in October of 1982, Steve Sternberg, a reporter for the Miami Herald,
heard four epidemiologists from the Centers for Disease Control report
that a newly identified pathogen, E. coli O157:H7, had caused two
worrisome outbreaks. .... [more]
28 Jan, 2001
McDonald's Adds to Mealtime Diversions. McDonald's
and Compaq yesterday announced a different kind of digital convergence:
In some McDonald's restaurants, kids get to play video games while
they munch through their Happy Meals. .... [more]
26 Jan, 2001
Starbucks Q1 profits up 41 pct, outlook raised.
Starbucks Corp. on Thursday said its profits rose 41 percent in its
fiscal first quarter, beating Wall Street forecasts, as the company
continued its rapid global expansion and raised its profit target
for 2001. .... 25 Jan, 2001
Avis sets Feb. 28 shareholder vote for Cendant deal.
Avis Group Holdings Inc., the holding company for the world's
No. 2 car rental agency, on Wednesday set a special shareholder's
meeting for Feb. 28 to vote on the company's planned $935 million
acquisition by Cendant Corp. .... 25 Jan, 2001
Claim Against Burger King Rejected. A jury rejected
a woman's claim that a Burger King worker spied through a peephole
as she and her 9-year-old daughter used a restaurant bathroom. ....
25 Jan, 2001
Anti-Globalization Summit Opens. Opening an
anti-globalization summit, host Gov. Olivio Dutra urged participants
to turn "indignation into an organized movement" to fight
unemployment, poverty, discrimination, war and environmental destruction.
.... 25 Jan, 2001
Mail Boxes Etc. Ranks 2nd. San Diego-based Mail
Boxes Etc. has ranked second on Entrepreneur magazine's 2001 "Franchise
500", company officials said Thursday. .... 25 Jan, 2001
Hilton sees room revenue growth slowing in 2001. Hotel
operator Hilton Hotels Corp. Wednesday reported fourth-quarter earnings
that met analysts forecasts, but cautioned revenue growth may slow
this year if the economy cools..... 24 Jan, 2001
Full Steam Ahead for Starbucks in Japan. Starbucks
Corp. has a problem in Japan that any corporation would envy - it
can't sell lattes fast enough to keep up with demand for its branded
brews. .... 24 Jan, 2001
Franchises May Present Opportunity. If you're
looking to start a new business in a slowing economy, one option you
might want to consider is running a franchise. But before you turn
your nose up at the idea, consider that franchises don't have to mean
selling fast food or oil changes. .... 24 Jan, 2001
McDonald's Profits Down 7 Percent. McDonald's
Corp., the world's largest fast-food company, on Wednesday said its
fourth-quarter net income fell 7 percent, slightly missing Wall Street's
expectations, as European sales were hampered by public concern over
mad cow disease. .... 23 Jan, 2001
Rare Hospitality climbs on improved profit outlook.
Shares of U.S. restaurant operator Rare Hospitality International
Inc. climbed more than 10 percent on Tuesday after the company said
its fourth-quarter earnings would top Wall Street estimates. ....
23 Jan, 2001
Burger King Design Plan Altered. The Plan Commission
has asked for additional design changes for a proposed Burger King
restaurant in the East State Street Retail Center. .... 20 Jan, 2001
Sonoma Financial Announces Its Exploration Into Franchising.
Sonoma Financial Corporation/SHC Corp., one of the largest
payday advance operations in the greater Chicago area announced today
that it has retained the services of "iFranchise Group",
a division of Siebert & Associates, Inc., to develop the Company's
new franchise product. .... 19 Jan, 2001
Checkers Steps Up. Checkers Restaurants Inc
reported this evening that the 35 Rally's restaurants located in Detroit
and 6 Checkers located in Kansas City that were shuttered yesterday
by the franchisee, Great Lakes Restaurant Company I, LLC, will begin
to re-open as soon as tomorrow morning. .... 19 Jan, 2001
Pickups Plus Store Reports Record Sales for Month of
December. Pickups Plus Inc., a leading retailer and franchiser
in the $30 billion truck and SUV aftermarket accessories industry,
announced today that the Sharonville, Ohio location had the highest
sales for the month of December in company history. .... 19 Jan, 2001
Sutton Group to reacquire regional franchises operation
for Alberta, Saskatchewan and Manitoba. .... 18 Jan, 2001
7-Eleven December Sales Up 2.5 Percent. Top
convenience store chain 7-Eleven Inc. on Thursday said U.S. same-store
merchandise sales in December rose 2.5 percent from the same month
last year, which it said it was able to accomplish despite high gasoline
prices. .... 18 Jan, 2001
Burger King Picks Minn. Ad Agency. Burger King
has selected the agency Campbell Mithun of Minneapolis to create advertising
specifically aimed at youngsters. .... 18 Jan, 2001
McDonald's new U.S. menu seen eying economy, concerns.
McDonald's Corp. move to an expanded menu with many pork and
chicken items will position the fast-food giant well for any economic
downturn and give its farmer-suppliers a shot in the arm, analysts
said on Thursday. .... 18 Jan, 2001
Applebee's sees earnings rising in line with estimates.
Restaurant chain Applebee's International Inc. on Wednesday
said it expects fourth-quarter earnings to rise in line with Wall
Street estimates although sales were hurt by severe winter weather.
.... 17 Jan, 2001
Supply Deal is Creamy for Dean. Dean Foods Co.
said Tuesday that it has reached an agreement with Baskin-Robbins
International Co. to supply the ice cream chain's more than 2,000
U.S. franchised outlets for the next 10 years. .... 17 Jan, 2001
McDonald's to launch new rotating menu. McDonald's
Corp., the world's largest restaurant company, said on Wednesday
that it is introducing a new rotating menu in its U.S. restaurants,
part of broader moves to put a greater emphasis on food variety
and taste. .... 17 Jan, 2001
McDonald's says beef is 'safe.' The American
fast-food chain McDonald's has told outlets in Italy that its meat
is safe, after reports that an animal infected with mad cow disease
was destined to be used in burgers. .... [more]
16 Jan, 2001
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