UNITED STATES FRANCHISE NEWS ARCHIVE
: : June 2010
|Wendy's/Arby's hopes to open hundreds of restaurants overseas.
ajc.com - Atlanta-based Wendy's/Arby's Group, the third largest fast food company in the U.S., says it is pursuing an aggressive international growth plan. ... [more] 30 Jun, 2010
SLIM & Fit Franchising Nationally and Seeking Doctors Looking to Diversify.
news.yahoo.com - Slim & Fit, a fitness and weight loss franchise launched by celebrity trainer Jaime Brenkus is franchising nationally. The company currently has nine locations open in five states with contracts signed for... [more] 30 Jun, 2010
Tully's looking for mom 'n' pop franchisees.
nwsource.com - Tully's Coffee is drumming up interest in its franchise program, saying it will allow franchisees to open just one location to expand its footprint and, it hopes, attract people in western Washington who want... [more] 29 Jun, 2010
Donatos sells Cincy, Indy markets to franchisee.
bizjournals.com - Donatos Pizzeria LLC is selling a majority stake in its Cincinnati and Indianapolis restaurants. ... [more] 29 Jun, 2010
FranNet Expands in Minnesota With Mike Welch.
finance.yahoo.com - FranNet, who matches aspiring entrepreneurs to franchise businesses, has expanded in Minnesota to help prospective business owners in the local area find the key to success. ... [more] 29 Jun, 2010
IHOP seeks new owners for 4 sites owned by bankrupt franchisee.
buffalonews.com - The IHOP chain is working on securing new owners for at least two of the four IHOP restaurants in the region in a bankruptcy case filed by an IHOP franchisee. ... [more] 29 Jun, 2010
Fitness Together Announces Expansion Plans for Illinois.
finance.yahoo.com - Fitness Together Franchise Corporation, the national one-on-one personal training giant, is launching an expansion campaign designed to add 30 more fitness studios throughout Illinois. ... [more] 29 Jun, 2010
Three Red Roof Inns hit with foreclosure.
bizjournals.com - Three Phoenix area Red Roof Inns have been noticed for trustee sales that are scheduled for Sept. 2. All were involved in a massive $1.3 billion transaction in 2007 when international hotel brand Accor sold... [more] 28 Jun, 2010
As Franchises Collapse, Quiznos Launches 600 Company Stores.
bluemaumau.org - In May Quiznos announced a new "growth initiative" to develop up to 600 new stores nationwide by the end of 2010, via both corporate-owned and Quiznos-funded joint venture opportunities. ... [more] 28 Jun, 2010
Nonprofit to McDonald's: No More Toys - Or Else.
qsrmagazine.com - Nearly three months after a California county raised eyebrows by banning toys in kids meals that didn't meet certain health requirements, a national nonprofit is pushing the toy-ban idea further by... [more] 28 Jun, 2010
Protections for franchise businesses included in financial reform bill.
franchise.org - The IFA applauds Senate and House conferees for protecting franchised small businesses during consideration of the Restoring American Financial Stability Act agreed to earlier today. ... [more] 25 Jun, 2010
Dollar Thrifty Expands Franchise and Corporate Locations.
finance.yahoo.com - Dollar Thrifty Automotive Group, Inc. today announced that it has opened 15 new U.S. franchise locations and two corporate locations since Jan. 1, 2010. ... [more] 25 Jun, 2010
Self-serve fro-yo Yogurtini kicks off franchising with Phoenix location.
qsrweb.com - Start-up self-serve frozen yogurt brand Yogurtini has opened its second location, at 475 E. Bell Rd. in Phoenix. The new Yogurtini, the brand's first franchised store. ... [more] 24 Jun, 2010
Boycott of BP may harm independent sellers most.
kansas.com - BP's catastrophic oil spill in the Gulf of Mexico has riled plenty of people. But those mounting a boycott of the company might be missing their intended target. ... [more] 24 Jun, 2010
Michelle Landis Becomes Saladworks' Youngest Female Multi-Unit Franchisee.
finance.yahoo.com - It’s 4 p.m. on Friday at the Oxford Valley Saladworks in Langhorne, PA. The staff is mixing and tossing the variety of salad creations with franchisee Michelle Landis, 27, right alongside them. ... [more] 24 Jun, 2010
O.C. spa chain wants to open 300 locations.
ocregister.com - An Orange County-based spa business opened its first location in January. In a few years, the company, which recently launched a franchise program, envisions having 300 locations. ... [more] 23 Jun, 2010
McDonald's Gets Fat Returns On Franchised Stores.
blogs.forbes.com - McDonald's has achieved dramatic growth using the franchise business model. We estimate that franchised stores currently contribute around 92% of McDonald's stock value. ... [more] 22 Jun, 2010
NYC Naked Cowboy to Naked Cowgirl: Stop copying me.
google.com - New York City's famous Naked Cowboy wants a bikini-clad woman who calls herself The Naked Cowgirl to stop ripping off his trademark or sign a "Naked Cowboy Franchise Agreement." ... [more] 22 Jun, 2010
Driven to Despair.
online.wsj.com - The downturn has taken its toll on franchisees of all stripes. But few have been hit harder than car dealers. ... [more] 21 Jun, 2010
Luby's to purchase Fuddruckers for $61M.
fastcasual.com - Cafeteria chain Luby's Inc. has won the bidding war to purchase most of the assets of Fuddruckers Inc., its parent Magic Brands LLC, and their affiliates for about $61 million in cash. ... [more] 20 Jun, 2010
New Franchisee Federations Spring Up.
bluemaumau.org - As Spring 2010 comes to a close after an extraordinary recession, new independent franchisee federations are springing up, while old ones have either changed or otherwise passed quietly... [more] 19 Jun, 2010
7-Eleven Merchants Descend On Hill To Battle Wall Street.
news.yahoo.com - Navdeep Bassi is tired of sending money to Wall Street for nothing. Over the past year, the owner of four 7-Elevens in Orange County, California, has been haranguing his customers about the swipe fees . ... [more] 18 Jun, 2010
Krispy Kreme in Court Fight Over Secret Recipe.
foxnews.com - Krispy Kreme is suing the operators of its last remaining New York City store over a claim that they cooked up their own recipe when they ran out of "key proprietary Krispy Kreme ingredients". ... [more] 18 Jun, 2010
Sub shop donates $19K Suffolk police.
msnbc.msn.com - Firehouse Subs, a restaurant known for piping hot subs, and the non-profit Firehouse Subs Public Safety Foundation donatated software to help forensics staff and fatality investigators. ... [more] 18 Jun, 2010
Extreme Pita Enlists to Feed U.S. Armed Forces.
finance.yahoo.com - In the battle against high calorie, greasy foods, Extreme Pita moves to the frontline with a mission to feed the men and women of the United States Armed Forces. ... [more] 17 Jun, 2010
McDonald's names Henny Penny global equipment supplier of the year.
qsrweb.com - Henny Penny Corp.'s new Low Oil Volume open fryer has earned the restaurant equipment manufacturer the honor of being named McDonald's 2009 Worldwide Equipment Supplier of the Year. ... [more] 17 Jun, 2010
IFA to develop tools and best practices to help industry access credit.
franchise.org - IFA Chairman Ken Walker, CFE, chairman and CEO of Driven Brands, announced the formation of a board level Credit Access Working Group to develop tools and best practices to support the... [more] 14 Jun, 2010
Wendy's/Arby's shares rise on takeover inquiry.
usatoday.com - Wendy's/Arby's Group Chairman Nelson Peltz said he's reviewing an overture from an unnamed group interested in acquiring the fast-food company. ... [more] 11 Jun, 2010
My Franchise Law Announces Beta Launch of New Website.
news.yahoo.com - My Franchise Law, the nation’s top online resource for franchise law resources and attorneys, is pleased to announce the beta launch of its new website www.myfranchiselaw.com. ... [more] 11 Jun, 2010
Tight Credit Is Turning Franchisers Into Lenders.
nytimes.com - Chains are facing the worst credit squeeze since the franchise model boomed in the years after World War II. This year, the franchise industry is expected to seek $10.1 billion in capital, but banks are expected to lend... [more] 9 Jun, 2010
Saladworks Unlocks Franchise Financing.
finance.yahoo.com - Saladworks Leasing, LLC is offering entrepreneurs the unique chance to own and operate a Saladworks restaurant with only a $75,000 investment. ... [more] 9 Jun, 2010
Owner of 5 TGI Friday's files for bankruptcy protection.
stltoday.com - The company that owns five TGI Friday's restaurants in the St. Louis area has filed for Chapter 11 bankruptcy protection after being accused in a lawsuit of prematurely ending a lease agreement... [more] 9 Jun, 2010
Denny's Appoints Debra Smithart-Oglesby Interim CEO.
finance.yahoo.com - Denny’s Corporation announced today that Debra Smithart-Oglesby, Denny’s Board Chair, has been appointed Interim Chief Executive Officer (CEO), succeeding Nelson Marchioli. ... [more] 8 Jun, 2010
The brilliant lessons from McDonald's recall.
cnn.com - In Shrek Forever After, America's favorite green ogre gives up a day to get one, and then regrets his choice. Perhaps McDonald's - now facing a $15 million recall - wishes it had that option as well. ... [more] 7 Jun, 2010
Local Dunkin' Donuts franchisee faces lawsuit among woes.
buffalonews.com - As a Dunkin' Donuts franchisee, Kainos Partners had big plans for the Buffalo market. But things turned stale for Kainos Partners, culminating in a Chapter 11 bankruptcy filing last summer. ... [more] 6 Jun, 2010
White Hens being renamed by 7-Eleven.
telegram.com - 7-Eleven Inc., the largest convenience store chain in the country, has begun converting its New England chain of 58 White Hen Pantry stores into 7-Eleven stores, complete with new signs... [more] 4 Jun, 2010
Taqueria Del Sol Lights Up Through Franchising.
qsrmagazine.com - Taqueria del Sol has established a wholly-owned subsidiary, Taqueria del Sol Development, LLC (TDSD), to franchise its 10-year-old successful restaurant brand. ... [more] 4 Jun, 2010
Mr. Handyman looking for 5 more St. Louis franchisees.
bizjournals.com - Mr. Handyman plans to open five more locations in St. Louis by the end of the year, adding between 25 and 50 jobs. ... [more] 3 Jun, 2010
Jack in the Box closes restaurant deals.
nrn.com - Numerous deals for Jack in the Box restaurants, including the final sale of 66 locations formerly owned by bankrupt franchisee Kobra Associates, as well as the sale of 21 corporate locations in Northern California, have... [more] 3 Jun, 2010
1-800-RADIATOR Franchising Fails to Renew Its Franchise Registrations.
bluemaumau.org - 1-800-Radiator Franchising, following the recent establishment of a hotly resisted independent franchisee association, has failed to renew its franchise registrations in the registration states. ... [more] 3 Jun, 2010
IFA names Stephen J. Caldeira as President and Chief Executive Officer.
franchise.org - International Franchise Association Chairman Ken Walker, chairman and CEO of Driven Brands, announced today that Stephen J. Caldeira has been named President and CEO of IFA. ... [more] 2 Jun, 2010
Nature’s Table partners with Fransmart for expansion.
fastcasual.com - Orlando-based Nature’s Table Café has signed a franchise partnership with Fransmart, the franchise development company behind the growth of brands such as... [more] 2 Jun, 2010
Jason's Deli closes amid financial woes.
azstarnet.com - Tucson’s two Jason’s Deli franchise restaurants closed suddenly over the weekend amid apparent financial problems. ... [more] 1 Jun, 2010
Kitchen Tune-Offering Free Franchises to Veterans.
news.yahoo.com - In an unprecedented move, Kitchen Tune-Up will be offering 10 free franchises to honorably discharged veterans. ... [more] 1 Jun, 2010
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