UNITED STATES FRANCHISE NEWS ARCHIVE
: : April 2010
|IFA urges Congress to approve tax credit to help veterans get into business.
franchise.org - The International Franchise Association today urged Congress to quickly pass legislation that would help veterans purchase franchise businesses after they return to civilian service by incentivizing franchise... [more] 29 Apr, 2010
Financing Programs Aim to Help Franchisees.
online.wsj.com - With Bank Loans Scarce, Companies Create Lending Arms to Assist Business Owners—but Terms Are Sometimes Strict. ... [more] 29 Apr, 2010
Papa John’s pizza company names co-CEO.
bostonherald.com - Papa John’s International Inc. has promoted company President Jude Thompson to share the role of chief executive officer with the pizza chain’s founder and chairman, John Schnatter. ... [more] 29 Apr, 2010
McDonald's Happy Meals on wrong end of the law in California county.
chicagobusiness.com - County lawmakers in California's famed Silicon Valley have passed a law that would prevent restaurants from giving away free toys and other incentives with unhealthy kids' meals. ... [more] 28 Apr, 2010
Franchises growing despite economy and credit crunch.
freep.com - With local retail space going for bargain prices, several franchises are actively looking to expand in metro Detroit, including Biggby Coffee and Great Clips. ... [more] 28 Apr, 2010
Bull & Lifshitz, LLP Announces Investigation of the Acquisition of Dollar Thrifty Automotive Group by Hertz Global Holdings Inc.
businesswire.com - Bull & Lifshitz, LLP announces an investigation into possible breaches of fiduciary duty in connection with the proposed purchase of Dollar Thrifty Automotive Group, Inc. by Hertz Global Holdings Inc. ... [more] 27 Apr, 2010
Brothers looks to expand franchises.
jconline.com - Now operating 17 food and drink establishments in eight Midwestern states, including a location in the West Lafayette Village area, Brothers Bar and Grill is ready to expand its business through a franchise program. ... [more] 27 Apr, 2010
Hertz to buy Dollar Thrifty for about $1.2 billion.
reuters.com - U.S. car rental firm Hertz Global Holdings Inc said it agreed to acquire smaller rival Dollar Thrifty Automotive Group Inc for $41 a share in a cash-and-stock deal as it looks to boost its presence in international markets. ... [more] 26 Apr, 2010
Little Caesars Gets Help for Overseas.
qsrmagazine.com - Little Caesars Pizza announced the appointment of James C. Hartenstein as vice president of International. ... [more] 26 Apr, 2010
Franchisee opens first ColorTyme rent-to-own store.
bizjournals.com - Daryck Fuqua has opened his first ColorTyme rent-to-own franchise in Arizona with plans to expand further in the Phoenix area and other states. ... [more] 26 Apr, 2010
Fast-Food Pasta Hits N.Y.
online.wsj.com - Restaurateur Laurent Lesort, who has partnered with his brother, Frederick, in the past, is now pairing up with two French friends to launch a new franchise called Hello Pasta. ... [more] 26 Apr, 2010
Jan-Pro Celebrates 20 Years of Franchise Expansion – Breaks the 10,000 Franchisee Mark.
news.yahoo.com - Jan-Pro International, Inc., a global leader in commercial cleaning breaks the 10,000 franchisee mark with domestic as well as international growth in the UK, Ireland, Canada, Puerto Rico and Dubai. ... [more] 26 Apr, 2010
Little Caesar’s franchisee plans for bigger slice of Jacksonville pie.
bizjournals.com - Little Caesars Pizza, known for its low prices and simple menus, has been growing across the nation, and now has plans to regrow its footprint in Jacksonville. ... [more] 23 Apr, 2010
Dining Out Regains Favor as Simple Luxury.
online.wsj.com - Americans are returning to one of life's simple pleasures - dining out. From Brinker International Inc. to McDonald's Corp. to Starbucks Corp., restaurant chains are serving more customers. ... [more] 23 Apr, 2010
Franchisee Survey Released to Chagrin of KFC.
bluemaumau.org - The Association of KFC Franchisees (AKFCF) released the results of a system-wide survey showing franchisees are not happy with the direction of the brand. ... [more] 22 Apr, 2010
Subway sandwich franchisee pleads guilty to tax heist.
nypost.com - A Midtown Subway mogul took the sandwich company's offer of "franchise opportunities" a little too far -- pocketing $500,000 in sales tax over the past six years. ... [more] 22 Apr, 2010
Senior Care Company AmeriCare Joins International Franchise Association.
news.yahoo.com - AmeriCare, a leading home-based caregiving franchisor announces its membership in the International Franchise Association, the oldest and largest organization representing franchising worldwide. ... [more] 21 Apr, 2010
Fuddruckers parent files bankruptcy, to be sold.
reuters.com - Magic Brands LLC, the parent of the Fuddruckers and Koo Koo Roo restaurant chains, filed for bankruptcy protection on Wednesday and said it had agreed to sell most of its assets to Tavistock Group for... [more] 21 Apr, 2010
McDonald's sales rise across all markets.
usatoday.com - McDonald's said its first-quarter profit climbed above analysts' expectations Wednesday as hungry diners looking to stretch their dollars chowed down on its value menu items. ... [more] 21 Apr, 2010
Wendy's/Arby's forms new buying co-op.
bizjournals.com - Wendy's/Arby's Group Inc. said Tuesday it created a new independent purchasing cooperative called Strategic Sourcing Group Co-op LLC to buy goods and services for Wendy’s and Arby’s restaurants. ... [more] 20 Apr, 2010
Ben's Chili Bowl looking for franchise opportunities.
washingtonpost.com - For 51 years, Ben's Chili Bowl has been a family-owned greasy spoon, a U Street fixture that bustled with hungry customers from breakfast to late at night. Now it is on the verge of becoming a franchise. ... [more] 19 Apr, 2010
Metro Burger Launches New Burger Franchise Opportunity.
finance.yahoo.com - Metro Burger, an Akron, Ohio-based gourmet burger restaurant, has completed its franchise development program and is beginning to grant single-unit and multi-unit franchises. ... [more] 19 Apr, 2010
Medicine Shoppe Snub Hard Pill to Swallow.
bluemaumau.org - The Medicine Shoppe and Medicap franchise owners association is upset because their franchisor refuses to engage in discussion with them after they served the franchisor with a lawsuit. ... [more] 16 Apr, 2010
Denny's Franchise Association weighs in on battle.
businessweek.com - Denny's Corp.'s franchisee group has weighed in on a proxy battle between the restaurant chain and a group of dissident stockholders. ... [more] 15 Apr, 2010
Mail Boxes Etc Franchisees Head Back to Court.
bluemaumau.org - Some old-time Mail Boxes Etc. franchisees are saying that working with their franchisor has caused stress, health problems, depleted retirement funds, and bankruptcies, while they waited seven... [more] 15 Apr, 2010
Wingstop Opens 50th Houston-Area Location.
qsrmagazine.com - Wingstop has opened its 50th location in the Houston area. The restaurant, located at 401 This Way Street in Lake Jackson, Texas, opened its doors in March. ... [more] 15 Apr, 2010
Krispy Kreme to return to Del.
delawareonline.com - Krispy Kreme announced Tuesday that its stores will once again churn out their notoriously glazed-and-sticky doughnuts inside Delaware. ... [more] 14 Apr, 2010
Yum Brands says 1Q profit climbs 10 percent.
news.yahoo.com - Overseas customers helped boost first-quarter profit more than 10 percent for the owner of Pizza Hut, Taco Bell and KFC, fast-food chain operator Yum Brands Inc. said Wednesday. ... [more] 14 Apr, 2010
Applebee's Franchisee Helps Raise $1.75 Million for Charities.
finance.yahoo.com - T.L. Cannon Companies, the franchisee for 61 Applebee's Neighborhood Grill & Bar restaurants in two states, helped local nonprofit groups fundraise more than $1.75 million for... [more] 14 Apr, 2010
McDonald’s wants to rewrap restaurants.
chicagotribune.com - As McDonald's Corp. moves more deeply into the cafe world of lattes, frappes and smoothies, the Oak Brook-based hamburger chain is attempting to speed up the remake of its U.S. restaurants into cozier... [more] 12 Apr, 2010
Waffle House Franchisee Attempts To Close 36 Restaurants In Triad.
digtriad.com - On April 6 at 10:00pm, nearly 800 Waffle House employees around the Triad received a notice no one wants to get. Waffle House franchisee and owner of Freeway Foods, Gary Fly, decided to cease operations of 36... [more] 12 Apr, 2010
Dollar Thrifty Automotive Group Reports Franchising Activity.
finance.yahoo.com - Dollar Thrifty Automotive Group, Inc. today announced that it has granted fifteen new franchises in the past two quarters and has signed contracts for an additional thirteen franchises which are expected to be... [more] 12 Apr, 2010
Franchisee Clubs Clash, CHOC Chair Resigns.
bluemaumau.org - Choice Hotel Owners Council chairman Todd Winkler stepped down on Friday, April 2, after urging his advisory council to resist accepting delegates from an independent franchisee association. ... [more] 11 Apr, 2010
Trench warfare in the franchise field.
money.cnn.com - Even in good times, the relationship between franchisors and their franchisees tends to be fraught. Toss in an economic downturn and things get downright nasty. ... [more] 8 Apr, 2010
McDonald's CEO earns 29% more in 2009.
usatoday.com - The CEO of McDonald's , the nation's largest hamburger chain, received compensation valued at $17.6 million for 2009, an increase of 29%, according to a regulatory filing Friday. ... [more] 9 Apr, 2010
BK Receives Diversity Award.
qsrmagazine.com - Burger King has received Profiles in Diversity Journal's 2010 Diversity Leader Award, which recognizes companies for their commitment to diversity and inclusion communication practices. ... [more] 8 Apr, 2010
Security firm's Wichita franchise is growing fastest.
kansas.com - Designed to attract attention while patrolling properties, the modified sport-utility vehicles used by Signal 88 Security are black, blue and seemingly lit all over. ... [more] 8 Apr, 2010
Veterans gaining toehold on economy with franchise ownership.
franchise.org - America’s military veterans haven’t been sitting idly by hoping the economy will improve, according to the IFA, which today reported that sales of franchise-small businesses to former military personnel... [more] 7 Apr, 2010
BBI to launch hybrid Onion Burger Company.
fastcasual.com - Beautiful Brands International has announced the addition of Blazing Onion Burger Company to its portfolio of restaurants to market and franchise worldwide. ... [more] 6 Apr, 2010
Bank Credit Report can help franchise lending.
fastcasual.com - A new survey has found that franchisees have a greater chance at getting bank loans if they include a Bank Credit Report in their application package. ... [more] 6 Apr, 2010
Franchise America Finance, Bancorp join for SBA program.
bizjournals.com - Siegel Financial Group said Monday that its subsidiary, Franchise America Finance, has entered a strategic alliance with The Bancorp to create and implement a national Small Business Association... [more] 5 Apr, 2010
Schlotzsky’s gears up for a comeback.
bizjournals.com - Having grown into an international franchise chain with 350 stores in 35 states and six foreign countries, Schlotzsky’s Deli is poised for its largest expansion since emerging from bankruptcy. ... [more] 5 Apr, 2010
Rocky Rococo sues Madison franchisee.
bizjournals.com - A dispute between Rocky Rococo pizzerias’ parent company and its Madison franchisee has led to a lawsuit. At issue is Oconomowoc-based Rocky Rococo’s plans to expand in Wisconsin counties... [more] 5 Apr, 2010
Manhattan Bagel Hits Its Stride in 2010.
qsrmagazine.com - Manhattan Bagel's growth phase is hitting a new stride in 2010 as the East Coast fast-casual restaurant concept pushes ahead with its aggressive franchise development plans. ... [more] 5 Apr, 2010
Anytime Fitness Opens 1,300th Club.
prnewswire.com - Anytime Fitness, the #1 co-ed fitness club franchise in the world, recently reached an impressive milestone by opening its 1,300th gym. ... [more] 5 Apr, 2010
Mom Corps Opens Franchise in Austin.
news.yahoo.com - As jobless rates across the country are higher than they have been in decades, Mom Corps, a premier staffing solution company offering flexible career alternatives, is opening a franchise in Austin. ... [more] 5 Apr, 2010
Planet Smoothie Welcomes New Franchisees.
qsrmagazine.com - As a result of the successful tour, Planet Smoothie is proud to announce the three winners of the Franchise U tour. ... [more] 4 Apr, 2010
USA Baby store to be under new management.
moneycentral.msn.com - USA Baby Hawaii is turning the management of its Iwilei store over to new operators within the next two weeks after more than five years in business. ... [more] 2 Apr, 2010
Owner of Triangle Arby’s enters Chapter 11.
bizjournals.com - Four companies that own 25 Arby’s restaurants in North Carolina, Florida and Virginia are seeking to reorganize under Chapter 11 of the U.S. Bankruptcy Code. ... [more] 2 Apr, 2010
Franchisees Explain Why They Are Suing UPS.
bluemaumau.org - A group of Mail Boxes Etc. franchisees who have refused through the years to convert to The UPS Store business model have put together a three-minute slideshow on YouTube to tell their side of the story. ... [more] 2 Apr, 2010
Local Frost gelato shop now ready to franchise.
azstarnet.com - Frost, A Gelato Shoppe, has become a Tucson favorite over the past five years, and now its owners are hoping to parlay that local passion into nationwide success. ... [more] 2 Apr, 2010
Canada's Mucho Burrito sets sights on U.S.
nrn.com - A new fresh Mexican fast-casual concept with a focus on healthful options is crossing the border to make its debut in the U.S. next month. ... [more] 2 Apr, 2010
Two of BBI's Brands Will Grow Big Together.
qsrmagazine.com - Beautiful Brands International (BBI) announced the signing of an agreement with businessman Curtis Branch to develop Rex's Chicken and FreshBerry Frozen Yogurt throughout... [more] 1 Apr, 2010
Castle Ink Cartridges Announces New Franchise Program.
news.yahoo.com - Castle Ink Cartridges, one of the nation’s leading retailers of ink cartridges and laser toner, today announced the launch of its new franchise program. ... [more] 1 Apr, 2010
Swiss Farms hires Fiorentino to drive franchising.
bizjournals.com - Swiss Farms Stores has hired Rocco Fiorentino as president of franchising. ... [more] 1 Apr, 2010