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UNITED STATES FRANCHISE NEWS ARCHIVE

 
: : Sep 2001

Jack in the Box, CPK Won't Meet Forecasts. Southern California-based restaurant chains Jack in the Box Inc. and California Pizza Kitchen Inc. said earnings will be lower than expected as diners stayed away from restaurants after the attacks on the World Trade Center and the Pentagon. .... 26 Sep, 2001
AutoZone sees prospects for sales growth.
Auto parts retailer AutoZone Inc., said on Wednesday the market for replacement parts has remained strong despite the economic downturn as reliance on automobiles for transportation could strengthen business even further. .... 26 Sep, 2001
Franchise-Me-Downs.
Franchisors are refranchising and selling units. Are these good buys? .... [more] 26 Sep, 2001
Retailers brace for a big blow.
Retailers' expectations for the coming holiday shopping season were already low. .... [more] 20 Sep, 2001
7-Eleven(R) and USA TODAY Provide Flags for Americans; Printed American Flag to Be a Part of Friday's Newspaper.
In response to the nationwide shortage of American flags, two American icons - 7-Eleven, Inc. and USA TODAY - have come together to provide a full-page, color replica of Old Glory in this Friday's edition of USA TODAY. .... 20 Sep, 2001
McDonald's Profit to Exceed Estimates.
McDonald's Corp. said it expects third-quarter earnings to exceed Wall Street estimates and maintained its forecast for "relatively flat" full-year earnings. .... 20 Sep, 2001
CKE Restaurants Has 7th Consecutive Loss.
Struggling CKE Restaurants Inc. said Thursday that it lost money for the seventh consecutive quarter as sales sagged, but the company pointed to some signs the worst may be over. .... [more] 14 Sep, 2001
Wendy's International, Inc. Postpones Analyst and Investor Meeting.
Wendy's International, Inc. announced today that it is postponing its Analyst and Investor Meeting scheduled for September 24-25 due to the crisis affecting the nation. .... 13 Sep, 2001
Blockbuster signals the end of VHS.
US home entertainment chain, Blockbuster, is to expand DVD (Digital Video Discs) collections in its stores at the expense of its video cassette libraries. .... [more] 11 Sep, 2001
Starbucks Denies Use of Ephedrine in Tea.
Starbucks Corp. released a statement denying that it added the stimulant ephedrine to its tea products without warning consumers. .... 11 Sep, 2001
SEC says Swisher Intl overstated earnings in 1996.
Commercial hygiene service provider Swisher International and its chief executive officer settled accounting fraud allegations by the Securities and Exchange Commission, the regulator said on Monday. .... 10 Sep, 2001
Non-medical care lends a hand at home.
Home Instead Senior Care aids seniors who are too healthy for medical care but unable to be independent. .... [more] 7 Sep, 2001
Slow PC sales hit RadioShack in August.
RadioShack Corp. said on Friday personal computer sales fell 50 percent in August at company-owned stores open at least a year, dragging overall same-store sales down 2 percent from a year earlier. .... 7 Sep, 2001
Elmer's Restaurants reports twelve percent jump in EBITDA.
Elmer's Restaurants, Inc. reported net income of $315,000 compared with $308,000 for the same period a year ago, for the quarter ending July 23, 2001. .... [more] 7 Sep, 2001
Baymont launches franchising Web site.
Baymont Inns & Suites, a division of The Marcus Corp., Milwaukee, has launched a Web site targeted to potential and existing Baymont franchisees. .... [more] 6 Sep, 2001
Brinker to buy Chili's units, Aug. sales up.
Casual dining restaurant owner Brinker International Inc. said Thursday that its sales rose 2% in August at stores opened for at least a year and added that it would buy 39 Chili's Grill & Bar restaurants from a franchisee. .... 6 Sep, 2001

Wendy's to Change Standards.
Wendy's has told an animal rights organization that it plans to overhaul its oversight of beef suppliers, joining McDonald's and Burger King. .... 6 Sep, 2001
PODS marks customer milestone.
Portable On Demand Storage has serviced its 25,000th customer since being introduced in Pinellas County in January 1999. .... [more] 5 Sep, 2001
The Rise - and Rise - of Krispy Kreme.
The doughnut maker's stock continues to confound the skeptics. But this sugar high can't go on forever, can it? .... [more] 4 Sep, 2001
McDonald's Gives $1M to Laborer.
McDonald's hand-picked a formerly homeless day laborer and gave him $1 million as part of the restaurant chain's effort to restore consumer confidence in its sweepstakes promotions. .... 2 Sep, 2001
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