UNITED STATES FRANCHISE NEWS ARCHIVE
: : July 2011
|What’s in Giordano’s pizzas, trustee asks.
suntimes.com - Ten franchise owners of Giordano’s restaurants stand accused in a lawsuit of using unauthorized ingredients that vary from the pizza chain’s secret recipe. ... [more] 31 Jul, 2011
Franchise group passes along lessons learned from mentors.
detnews.com - John Rotche, president of Ann Arbor's BELFOR Franchise Group, counts University of Michigan football coaching legend Bo Schembechler and former pizza magnate Tom Monaghan as mentors. ... [more] 28 Jul, 2011
Local Chevys franchisee files for bankruptcy.
stltoday.com - The franchise owner of local Chevys Fresh Mex restaurants has filed for bankruptcy and plans to shutter a store at the St. Louis Mills mall in Hazelwood. ... [more] 28 Jul, 2011
Caldeira Named to HealthStore Foundation Board.
franchise.org - IFA President and CEO Stephen J. Caldeira has been elected to the Board of Directors of the HealthStore foundation, the parent company of the CFWShops franchise system in Kenya and Rwanda. ... [more] 28 Jul, 2011
VooDoo BBQ & Grill Franchising Expands Nationwide.
marketwire.com - VooDoo BBQ & Grill is expanding nationally after nearly a decade of successful growth in Louisiana, propelled by an avid customer base hungry for its competition-style barbecue. ... [more] 28 Jul, 2011
Payless ShoeSource Continues to Expand Its Global Footprint, Celebrates 100th Franchise Store Milestone.
prnewswire.com - Collective Brands' Payless ShoeSource unit announced today the opening of its 100th franchise store, which is located in Cirebon, Indonesia. ... [more] 28 Jul, 2011
Dunkin' Brands shares soar in stock market debut.
reuters.com - Investors hungry for restaurant growth gobbled up shares in Dunkin' Brands Group Inc on its Wednesday debut, betting its popular coffee-and-breakfast chain will outpace rivals like Starbucks Corp... [more] 27 Jul, 2011
Magnolia to Sell Franchises Overseas.
wsj.com - Magnolia Bakery, the New York City purveyor of cupcakes once prized by the gals on "Sex in the City" received state approval this week to sell franchises and is eyeing overseas markets as diverse as... [more] 22 Jul, 2011
McDonald's net income rises 15% on strong sales.
usatoday.com - McDonald's said Friday that its net income rose 15% in the second quarter as it continues to entice customers to buy new menu items even as the sluggish economy forces them to cut back spending... [more] 22 Jul, 2011
LBO, Recession Singe Quiznos.
wsj.com - Sandwich chain Quiznos made its name selling hot subs at premium prices, but a leveraged buyout at the top of the market and the recession helped turn that strategy to toast. ... [more] 21 Jul, 2011
Aaron’s denies installing spyware on computers, wants federal lawsuit in Pa. dismissed.
washingtonpost.com - Aaron’s Inc. wants a federal judge in Pennsylvania to dismiss a lawsuit alleging that the furniture rental chain installed spyware on rental computers. ... [more] 21 Jul, 2011
Zoes Kitchen's opens 50th location.
fastcasual.com - Zoes Kitchen has opened its first location in Auburn, Ala., marking the company’s eighth location in Alabama and its 50th restaurant overall. ... [more] 21 Jul, 2011
Lawsuit By Franchisee Association Against Edible Arrangements To Proceed.
yahoo.com - A lawsuit against the Edible Arrangements franchise system will proceed in the United States District Court for the District of Connecticut, according to an Order issued yesterday denying the company's bid... [more] 20 Jul, 2011
Yum! Brands recognized again for diversity.
qsrweb.com - For the seventh consecutive year, Yum! Brands Inc. has been named one of Black Enterprise magazine's "40 Best Companies for Diversity" for its comprehensive results across key measures. ... [more] 20 Jul, 2011
Brooke’s lawsuit against ex-franchisee gets dismissed.
bizjournals.com - A former Brooke Corp. franchisee has gotten a case against it dismissed, according to law firm Lynch & Robbins. ... [more] 20 Jul, 2011
Aaron's, Inc. Acquires 30 Stores.
yahoo.com - Aaron's, Inc. today announced that it has acquired all 30 of the stores owned and operated by Crusader Rent to Own. ... [more] 20 Jul, 2011
FranNet Sees Increase in Child Education Franchises.
marketwire.com - FranNet, a national franchise consulting firm that helps corporate workers transition to franchise ownership, has seen a sharp increase in openings of new child education franchises. ... [more] 19 Jul, 2011
Steak Escape Grille makes debut in Columbus.
bizjournals.com - Franchisee Metropolitan Partners LLC debuted its first Steak Escape on Monday in its retail plaza at Dublin Road and Grandview Avenue, an eatery that was in the works for months. ... [more] 19 Jul, 2011
Food Franchising Back on the Front Burner.
yahoo.com - Franchise consultants with iFranchise Group recently cited several market factors and franchisor success stories that point to a strong improvement in the overall health of the restaurant franchising sector. ... [more] 18 Jul, 2011
Wingstop signs 86 franchise deals.
bizjournals.com - Wingstop Restaurants Inc. signed various deals this year to open a total of 86 restaurants in the next three to four years. ... [more] 18 Jul, 2011
Yum Brands! brew expansion plans in hot-pot cuisine.
courier-journal.com - The pending $860 million acquisition of Little Sheep, with 700 locations in China and a handful elsewhere, including San Diego, could satisfy Yum's search to fill the Chinese cuisine niche. ... [more] 17 Jul, 2011
Zarco Speaks on Fair Franchising Bill.
bluemaumau.org - One of the franchise industry's most renowned attorneys for franchisees, Robert Zarco, flew up from his office in Miami to Boston. ... [more] 15 Jul, 2011
Subway hits non-traditional unit milestone.
qsrweb.com - The Subway restaurant chain's newly opened Chrysler and Jeep assembly plant location in Toledo, Ohio, marks the brand's 8,000th nontraditional location. ... [more] 14 Jul, 2011
Fast-food company Yum Brands hopeful but sees double-digit drop in 3rd-qtr US operating profit.
brandonsun.com - Fast-food restaurant operator Yum Brands Inc. said Thursday that its domestic business remains in the doldrums as Taco Bell struggles to recover from publicity surrounding a dropped lawsuit... [more] 14 Jul, 2011
Franchisees Paint Grim Scenes of Dunkin'.
bluemaumau.org - Franchisees painted a grim picture of franchisor Dunkin' Donuts for legislators at the Massachusetts State House in Boston. ... [more] 13 Jul, 2011
Best-Selling Author and Navy Seal to Address IFA Public Affairs Conference.
franchise.org - Bestselling author, humanitarian and Navy SEAL Eric Greitens will address more than 500 franchise small business leaders during the IFA's 12th Annual Public Affairs Conference Sept. 14 in Washington, D.C. ... [more] 13 Jul, 2011
Tensions Rise at Cold Stone Creamery.
bluemaumau.org - The National Independent Association of Cold Stone Creamery Franchisees recently sent out an email to all franchisees voicing its concern over price increases by the franchisor... [more] 12 Jul, 2011
Dunkin' Donuts to boost IPO to $600 million.
nypost.com - Dunkin' Donuts is banking on a fat IPO -- but investors may want to watch their appetite. The coffee-and-doughnut chain will boost the size of its offering to $600 million -- more than the $400 million it initially... [more] 11 Jul, 2011
Old Navy's remodeling spree reaches 300 stores.
mercurynews.com - Old Navy plans to debut its 300th remodeled store by the middle of the month as the clothing chain looks to improve its sales and provide a better experience for its customers. ... [more] 11 Jul, 2011
Franchisees Win in Massachusetts Hearing.
bluemaumau.org - Franchisees and a few franchisor advocates gathered on June 29 to be heard at the Massachusetts’ Committee on Community and Small Businesses. ... [more] 10 Jul, 2011
Top 10 franchises that cost under $50,000.
ocregister.com - Franchising is huge in the United States. Financial services giant PricewaterhouseCoopers forecasts that there are almost 785,000 franchised establishments employing more than 7.8 million people... [more] 10 Jul, 2011
Near Default, Quiznos Taps Advisers.
wsj.com - The Quiznos sandwich chain has brought in restructuring advisers to help rework its finances, said people familiar with the matter, as the company struggles with a sales slump and a looming debt default. ... [more] 9 Jul, 2011
Davao-based spa to go into franchising.
inquirer.net - From a one-bed spa he opened in Obrero village here in 2005, Sumakuel Butiong Jr. has managed to establish a company that has taken a foothold in Davao’s fast growing spa market. ... [more] 9 Jul, 2011
Krispy Kreme Names Cindy Bay SVP of US Franchises and Company Stores.
citybizlist.com - Krispy Kreme Doughnuts, Inc. today announced that Cindy Bay has been promoted to SVP of US Franchises and Company Stores, reporting to Jim Morgan, President and Chief Executive Officer. ... [more] 8 Jul, 2011
Veteran Franchise Investors Place Stake in Leading Pet Care Franchise.
prweb.com - The investor group, Cybeck Capital Partners, LLC, recently acquired a fifty percent equity stake in Fetch! Pet Care, a leading franchisor in the $52 billion pet industry. ... [more] 8 Jul, 2011
OinkADoodleMoo signs franchisee.
bizjournals.com - OinkADoodleMoo Smoky BBQ is bringing the taste of barbecue to Troy. The Englewood-based quick-serve barbecue chain will open its fourth location — and second franchise store – in mid September. ... [more] 8 Jul, 2011
7-Eleven to offer discounted franchises, free drinks Monday.
mlive.com - In celebration of the company's 84th sbirthday, the Saginaw-based 7-Eleven licensee Garb-Ko Inc. is offering potential owners 50 percent off franchisee fees, with an additional 10 percent off for military personnel. ... [more] 7 Jul, 2011
Bojangles’ honors top franchisees.
qsrweb.com - During its annual franchise convention last week, Bojangles' held its awards banquet to honor the franchise community and recognize select organizations with the company's highest awards. ... [more] 7 Jul, 2011
Rent-to-own News - Buddy's grows with new franchisee stores.
rtohq.org - Tampa-based Buddy’s Home Furnishings today announced the recent openings of seven new stores. ... [more] 6 Jul, 2011
Wendy's restaurants sells Arby's chain, changes name.
usatoday.com - Wendy's/Arby's Group on Tuesday said it completed the sale of Arby's Restaurant Group to Atlanta-based private equity firm Roark Capital Group, and dropped the roast beef sandwich chain from its name. ... [more] 5 Jul, 2011
SuperShuttle’s hopes of franchising drivers ended by judge's decision.
bizjournals.com - Pittsburgh’s SuperShuttle drivers should not be allowed to be franchisees, an administrative law judge with the Pennsylvania Public Utility Commission decided this month. ... [more] 1 Jul, 2011
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