UNITED STATES FRANCHISE NEWS ARCHIVE
: : March 2011
|Dunkin' Brands mulling $500 mln H2 IPO-sources.
reuters.com - Private equity-backed Dunkin' Brands Inc is considering an initial public offering of about $500 million in the second half of 2011, sources familiar with the situation said. ... [more] 30 Mar, 2011
Franchising could be job growth fuel.
ajc.com - Franchising, including the indirect jobs it creates, could lead to the creation of millions of new U.S. jobs in the next years -- if we take steps to make sure it happens. ... [more] 30 Mar, 2011
7-Eleven Franchisees Convene on Capitol Hill.
yahoo.com - Today, 7-Eleven franchisees from across Maryland and Virginia met with Senators, Congressmen and staff to ask them to protect and implement the critical swipe fee reforms that were passed by Congress... [more] 30 Mar, 2011
Pizza Hut minimum-wage case grows.
kansascity.com - Perhaps 20,000 to 30,000 delivery drivers for Pizza Hut’s largest franchisee, NPC International Inc., are eligible plaintiffs in a national collective action alleging a minimum-wage violation. ... [more] 30 Mar, 2011
Jimmy John’s franchise fires union workers after sick-day campaign.
reuters.com - The owners of 10 Minnesota Jimmy John’s sandwich shops — where a rare unionization vote was narrowly rejected last year – have fired six union organizers. ... [more] 30 Mar, 2011
Five WMass KFC franchises closing.
wwlp.com - Five Kentucky Fried Chicken locations in Western Massachusetts and two in Northern Connecticut have closed due to the retirement of longtime franchisee Jesse Lanier. ... [more] 30 Mar, 2011
Five Guys Gets $100M in Credit.
bluemaumau.org - Five Guys Burgers and Fries received $100 million credit facility from GE Capital, Franchise Finance. ... [more] 28 Mar, 2011
Workshop offers geeks industrial-strength toys.
mercurynews.com - In the tech-obsessed South of Market neighborhood that digital sensations like Twitter and Zynga call home, a newfangled workshop for would-be inventors blends a startup sensibility with the area's historic... [more] 27 Mar, 2011
news-journalonline.com - Tom and Beth Cadden just purchased their second 7-Eleven convenience store and already are looking to add to that number. ... [more] 25 Mar, 2011
Court Rules for Coffee Beanery Franchisees.
bluemaumau.org - Franchisees Deborah Williams and Richard Welshans scored a victory yesterday in their eight-year battle against The Coffee Beanery and its officers when the Fourth Circuit Court of Appeals ruled in their favor. ... [more] 25 Mar, 2011
Number of TGI Friday's to double.
cnbc.com - Carlson Restaurants says it plans to double the number of T.G.I. Friday's restaurants around the globe. ... [more] 25 Mar, 2011
‘Life coach’ accused of swindling $250,000 from couple.
lasvegassun.com - A man charged with securities fraud and theft for allegedly swindling $250,000 from a married couple who consulted him on how to invest profits from the sale of their home is scheduled to appear... [more] 24 Mar, 2011
Tully's Coffee loses CEO, running out of cash.
nwsource.com - Carl Pennington will retire March 31 as CEO of Tully's Coffee, the seventh chief to rotate through that post since Tully's founder Tom O'Keefe relinquished the title in 2001. ... [more] 24 Mar, 2011
Dunkin' Brands U.S. donut shop sales offset drop at Baskin-Robbins.
usatoday.com - Dunkin’ Brands, parent of the Dunkin’ Donuts chain and Baskin-Robbins ice cream shops, said Wednesday that its annual profit fell 23% as the cost of refinancing debt offset sales growth. ... [more] 23 Mar, 2011
Fro-yo chain expands as rivals melt.
crainsnewyork.com - Frozen yogurt purveyor 16 Handles is at it again. Just in time for warmer weather, the 3-year-old company is opening five additional Northeast outposts, including one on Manhattan's Upper West Side... [more] 22 Mar, 2011
Report Illustrates Financing Challenges Still Remain for Franchise Small Businesses.
franchise.org - Over 80,000 new jobs and over $10 billion in economic output could be lost in 2011 unless credit flow to franchised small businesses increases, according to a new report released today by the IFA. ... [more] 21 Mar, 2011
The Hertz Corporation Expands Franchise Network.
marketwire.com - The Hertz Corporation and its Car Rental Unit is expanding its franchisee network as part of a Company-wide strategy aimed at increasing its presence in the airport and off airport car rental markets. ... [more] 21 Mar, 2011
Christian chain mulls franchising.
thebookseller.com - Mark Brewer, the American chairman of the St Stephen the Great bookshop chain, has raised the possibility of franchising off the 23-store business, saying he would be "happy to listen to offers". ... [more] 21 Mar, 2011
Career twist brings Molly Maid franchise.
sltrib.com - Alan Green has been a television-news photographer and in health-care management, marketing, advertising and public relations. Now, at age 59, he finds himself the owner of a Molly Maid franchise in Murray. ... [more] 19 Mar, 2011
ServiceMaster puts first hybrid trucks into service in California.
bizjournals.com - The ServiceMaster Co. is getting a little bit greener by introducing its first hybrid vehicles. The Memphis-based company put the fleet of 10 TruGreen hybrid vehicles into service in California Thursday. ... [more] 18 Mar, 2011
Sport Clips Haircuts to Reach 'Billion Dollar' Mark in 2011.
yahoo.com - Sport Clips will reach a "billion dollars in haircuts" this summer after franchising for only 16 years, according to the franchise's Founder and CEO, Gordon Logan. ... [more] 18 Mar, 2011
KFC terminates franchise rights for noncompliance.
qsrweb.com - KFC Corp. has pulled the franchise rights for Cleveland-based Morgan’s Foods Inc. The move affects 10 units in Ohio and western Pennsylvania. ... [more] 18 Mar, 2011
Franchisees eye trucking opportunities.
nrn.com - As Jack in the Box on Thursday became the latest national restaurant chain to roll out its own mobile catering truck, franchisors already on the road are discovering the popular meals-on-wheels trend is... [more] 17 Mar, 2011
How to Save a Faltering Franchisee.
foxbusiness.com - Keeping franchisees healthy not only ensures a consistent revenue stream for a franchisor, but it prevents the company from gaining a black eye in the community. ... [more] 17 Mar, 2011
Hurricane Grill franchise spreads its wings beyond South Florida.
palmbeachpost.com - Hurricane Grill & Wings is rapidly multiplying its company recipe, with plans to have more than 500 units within seven years. ... [more] 16 Mar, 2011
Roy Rogers mounts comeback, returns to franchising.
qsrweb.com - In 1968, the Marriott Corp. launched its Roy Rogers hamburger, roast beef and fried chicken concept. Twenty-two years later, it was one of the nation’s largest quick-service players with 650 stores. ... [more] 16 Mar, 2011
To Help Franchisees, Saladworks Sends the C-Suite.
qsrmagazine.com - Saladworks is offering franchisor support in a big way: three members of the executive leadership team, including the concept’s founder and CEO, are visiting new franchisees in their markets as part of... [more] 15 Mar, 2011
Gold's Gym Unveils New Value Concept.
yahoo.com - Gold's Gym International today announced the launch of Gold's Gym Express. ... [more] 14 Mar, 2011
New Orleans native Larry Lundy fights to hang on after falling from Pizza Hut corporate ladder.
nola.com - By his own admission, Larry Lundy is in the fight of his business career. Starting in the mid-1980s, the New Orleans native rose up the corporate ranks at Pizza Hut's headquarters in Kansas... [more] 13 Mar, 2011
White Castle marks 90th anniversary.
qsrweb.com - White Castle officially marked its 90th birthday Thursday, kicking off a year of celebrations and promotions. ... [more] 11 Mar, 2011
Blockbuster Won't Liquidate.
thestreet.com - Blockbuster and its creditors have reached an agreement on the sale of the company. ... [more] 11 Mar, 2011
Zpizza Honors Hawaii Franchisees as Tops of Year.
qsrmagazine.com - Zpizza recently awarded its highest honor, “franchisee of the year,” to Cesar and Karen Llarenas of Kailua, Hawaii. ... [more] 11 Mar, 2011
Growing Pains: What Happens if Your Franchise Grows too Fast.
foxbusiness.com - Between 2004 and 2005 Brent Hallock’s business hit its growth spurt. After 10 years of steady franchise sales, Budget Blinds started closing 15 to 20 sales a month. ... [more] 10 Mar, 2011
Dunkin' Donuts Franchise Opportunities Brewing in Ohio.
yahoo.com - Dunkin' Donuts is seeking to expand its presence in Ohio with today's announcement of seminars on March 22 in Dayton and March 23 in Toledo to discuss franchise opportunities brewing in those markets. ... [more] 10 Mar, 2011
Singapore, Greece, Brazil Signed Up for Cold Stone.
qsrmagazine.com - Cold Stone Creamery kicked off 2011 with an aggressive international growth plan, signing three new partners in three new countries. ... [more] 9 Mar, 2011
The Franchise Event Southeast Expo in Atlanta is this weekend March 12/13.
pr-usa.net - The Franchise Event Southeast Expo is designed to connect you with top franchise, licensing and business opportunities from all over the United States in one location in Atlanta. ... [more] 8 Mar, 2011
Subway Passes McDonald's.
wsj.com - It's official: the Subway sandwich chain has surpassed McDonald's Corp. as the world's largest restaurant chain, in terms of units. ... [more] 7 Mar, 2011
'Lifestyle franchises' emerge as income increases.
knoxnews.com - When Haber Vickers of Birmingham, Ala., began the process last June to open his first Sips n Strokes franchise in Knoxville, there wasn't a store like it in the area. ... [more] 7 Mar, 2011
Denver Seeing Surge of 7-Elevens.
csnews.com - 7-Eleven is taking a Big Gulp out of the Denver real estate market with rapid growth that's seen 17 stores added to the metro area in the past 12 months, The Denver Post reported. ... [more] 7 Mar, 2011
Dunkin' Donuts to award 100 scholarships of $1000 each to Connecticut high school seniors.
registercitizen.com - As part of a community partnership program and a continued commitment to local education, Dunkin’ Donuts franchisees will award 100 scholarships worth $1,000 each to qualified high school... [more] 7 Mar, 2011
Franchise buyers bet on men’s hair care.
hartfordbusiness.com - Aaron and Donna Cramer are hoping there is franchise gold in hair care for men. The husband and wife recently opened Rooster's Men Grooming Center in Simsbury. ... [more] 7 Mar, 2011
Franchisers poised for growth.
northjersey.com - After two years of trying to get back to Wall Street, former trader Suzanne DeMeo has set out on a new career path — Italian ice. ... [more] 6 Mar, 2011
IFA Inducts First Franchisee into Hall of Fame.
bluemaumau.org - Lawrence "Doc" Cohen, a franchisee of 32 years, was inducted into the International Franchise Association's Hall of Fame at their 51st annual conference in Las Vegas in mid-February. ... [more] 4 Mar, 2011
Saladworks signs first franchise deals of 2011.
fastcasual.com - Saladworks has announced its first multi-unit agreements in 2011 with two new franchisees to open a combined four locations. ... [more] 4 Mar, 2011
How to Identify Good Franchisee Candidates.
foxbusiness.com - While it may be easy to define the ideal franchisee, it may not be easy to turn the wrong one down. ... [more] 3 Mar, 2011
I Need Solar launches franchising initiative.
centralpennbusiness.com - Midstate solar installer I Need Solar is franchising, company President Mike Barnes said today. ... [more] 3 Mar, 2011
Ronald McDonald Sidelined as Clowning for Kids Meals Gives Way to Lattes.
bloomberg.com - As McDonald’s Corp. morphs into a more upscale chain, there’s one person you won’t see munching salads, sipping a cappuccino and surfing the Web: Ronald McDonald, age 48. ... [more] 2 Mar, 2011
T.G.I. Friday's Reaches International Milestones.
yahoo.com - T.G.I. Friday's announced it is now serving the "Friday feeling" in 350 international locations. The newest Friday's restaurant opened in January 2011 in Arequipa, Peru... [more] 2 Mar, 2011
In Stealth Lobbying Move, Wall Street Coordinates With Check-Cashers, Payday Lenders To Gut CFPB.
huffingtonpost.com - Wall Street banks are deploying little-known lobbying organizations who represent companies like Pizza Hut and Radio Shack in a new push to hamstring the Consumer Financial Protection Bureau. ... [more] 1 Mar, 2011
Fresh To Order plans to expand through franchising.
ajc.com - The owner of Atlanta-based Fresh To Order wants to expand the company's reach. Pierre Panos said a franchising program launched last year should help the chain sign at least five multi-unit franchisees... [more] 1 Mar, 2011
Pizza Hut wants lawsuit tossed.
nola.com - Attorneys for Pizza Hut have filed a motion to dismiss claims made by a well-known New Orleans businessman and franchisee in connection with a lawsuit that earlier this year led to the abrupt closure of dozens of... [more] 1 Mar, 2011
San Diego's First Urgent Care Center Franchise Opens.
sandiego.com - San Diego has now become home to Doctors Express, the nation’s first urgent care franchise that recently celebrated its grand opening in Oceanside on February 26. ... [more] 1 Mar, 2011
Mo. House backs phasing out franchise tax.
msn.com - The Missouri House voted Monday to repeal over five years a state tax on businesses' assets in an effort to boost economic development. ... [more] 1 Mar, 2011
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