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UNITED STATES FRANCHISE NEWS ARCHIVE

 
: : Nov 2001

Restaurateur beefs up plans for franchise. Former Outback executive plans up to 12 locations of Beef 'O' Brady's in area. .... [more] 30 Nov, 2001
The Second Cup Directors Unanimously Recommend Rejection Of Cara Offer And Adopt Shareholder Rights Plan.
.... 29 Nov, 2001
Blockbuster Cancels Annual Awards Show.
Video-rental giant Blockbuster Inc. has canceled its annual awards show because it was uncertain how many viewers would watch in the post-Sept. 11 climate. .... 21 Nov, 2001
Foot Locker third-quarter profits rise.
Foot Locker Inc. on Wednesday posted a strong rise in third-quarter profits, despite the generally dismal U.S. retail climate, as it focuses on its core athletic shoe and apparel businesses after finally shedding a slew of unrelated operations. .... 21 Nov, 2001
AmeriKing says plans debt restructuring talks.
AmeriKing Inc., the largest independent franchisee of Burger King restaurants, said on Wednesday that it plans to discuss restructuring its debt with creditors in the coming months. .... 21 Nov, 2001
US franchise loan defaults soar in 2001-Fitch.
Defaults on loans to U.S. franchise operators of fast food chains and gasoline stations soared this year, due to a slumping economy and aggressive lending practices, bond rating service Fitch Investors said on Monday. .... 18 Nov, 2001
Starbucks Revises Forecast for 2001.
Starbucks Corp. reported profit growth for its fiscal fourth quarter that met Wall Street estimates, but the company lowered its annual sales and profit forecasts because of the slowing economy. .... 16 Nov, 2001
Krispy Kreme Finally Coming Here.
It's news that prompts Homer Simpson impersonations all across the Twin Cities, but particularly in the northwest suburbs: ground was broken Thursday for the first Krispy Kreme franchise in the Twin Cities. .... 15 Nov, 2001
AFC Enterprises 3rd-quarter earnings up.
AFC Enterprises Inc., operator of Popeyes Chicken and Cinnabon bakery chains, said on Tuesday that fiscal third-quarter net income rose 14 percent boosted by same-store sales gains at its chicken franchises. .... 13 Nov, 2001
Starbucks Unveils Plan to Reward Suppliers.
Starbucks Corp. unveiled a plan to pay coffee suppliers up to 10 cents more per pound if they protect the environment and abide by local minimum-wage and worker safety laws. .... 13 Nov, 2001
Midas Signs Agreement With Moroch for Regional Marketing Responsibilities.
Midas, Inc., has hired Moroch Partners, based in Dallas, Texas, to handle day-to-day local and regional marketing responsibilities previously handled internally for Midas retail operations throughout the United States and Canada. .... 13 Nov, 2001
Noble Roman's Announces 3rd Quarter Earnings.
Noble Roman's, Inc., the Indianapolis-based Franchisor of pizza-focused foodservice operations, today announced earnings for the third quarter and nine-month period ended September 30, 2001. .... 12 Nov, 2001
H&R Block Is Rock Solid.
Nick Calamos is a senior portfolio manager with Calamos Investments, the advisor to the Calamos Growth Fund CVGRX. He has helped to guide the fund to one of the... .... 8 Nov, 2001
AutoNation to acquire Laurel Motors.
AutoNation Inc., the largest U.S. retailer of automobiles, on Thursday said it has agreed to acquire Laurel Motors Automotive Group, including the company's first luxury vehicle franchises in the Chicago area. .... 8 Nov, 2001
Little Caesars Pizza Announces New Franchise Agreement.
Little Caesar Enterprises, Inc. today announced a positive new agreement with its franchisees, which places the pizza chain at the forefront of the industry by creating the most cooperative and open relationship between the two parties. .... 7 Nov, 2001

California Pizza Kitchen Goes Hollywood.
Setting the stage for what will undoubtedly become one of its most popular restaurant locations, California Pizza Kitchen will roll out the red carpet on Friday, November 9 when it opens a flagship store at the new Hollywood & Highland complex in Hollywood. .... 7 Nov, 2001
Peer-Group Franchisees Assist Small Businesses.
Small and mid-sized businesses can benefit by exchanging down-to-earth experience and advice. Peer-advisory franchises organize groups and help keep the ideas flowing. .... [more] 6 Nov, 2001
RadioShack Oct same-store sales flat.
RadioShack Corp., the No. 3 U.S. consumer electronics retailer, on Tuesday said sales at its stores open at least a year were flat in October compared with a year ago because a weak economy continues to impact consumer spending. .... 6 Nov, 2001
McDonald's not a fast fix.
Analysts who converged on a Chicago suburb last week to meet with McDonald's Corp.'s top brass were anticipating an uneventful McMeeting free of nasty surprises - and broadcast that expectation to their clients. .... 6 Nov, 2001
Planet Hollywood CEO Loses Ruling.
A judge overseeing the bankruptcy proceedings of Planet Hollywood International Inc. denied a request that chief executive and chairman Robert Earl be paid $400,000. .... 5 Nov, 2001
Rent-A-Center Settles Suit for $12M.
Rent-A-Center Inc. has agreed to pay $12.3 million to about 4,600 female employees and some applicants who had charged in a class-action lawsuit that the retail chain discriminated against them. .... 2 Nov, 2001
McDonald's Announces the Departure of Two Top Marketing Executives.
McDonald's Corp., the largest U.S. hamburger chain, said two top marketing executives resigned. Officials declined to say whether the resignations were related to a controversy surrounding the company's promotional games. .... 2 Nov, 2001
McDonald's to Expand Diner Experiment to Other Indiana Cities.
McDonald's Corp., pleased with the early returns on its diner experiment in central Indiana, will expand the concept to other Indiana cities next year. .... 2 Nov, 2001
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