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UNITED STATES FRANCHISE NEWS ARCHIVE |
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: : Sep 2001
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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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