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UNITED STATES FRANCHISE NEWS ARCHIVE

 
: : Jan 2001

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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