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UNITED STATES FRANCHISE NEWS ARCHIVE

 
: : Jan 2002

Del Taco Inks 14-Store Deal in St. Louis; Franchise Deal Launches Midwest Franchise Push. Expanding its Midwest foothold, Del Taco today announced it has signed a deal with Restaurant Concepts of Missouri, LLC to open 14 franchised restaurants over the next seven years. .... 31 Jan, 2002
Hilton 4Q Profits Fall 94 Percent.
Hilton Hotels Corp. said profit fell nearly 94 percent in the fourth quarter from a year earlier because of a severe slowdown in travel after the Sept. 11 terrorist attacks. .... 29 Jan, 2002
Private Group to Buy Jenny Craig.
Struggling weight-loss business Jenny Craig announced Monday it will be bought by a private investment group that will include the company's founder and her husband. .... 28 Jan, 2002
Shoney's Announces Merger.
Shoney's Inc. announced Thursday it will merge with an affiliate of Lone Star Funds, a group of private equity funds. .... 25 Jan, 2002
Raffles plans to double room count over next 4 years.
Raffles International, best known for its hotel of the same name in Singapore, plans to invest more than $200 million over the next four years to double its room count, its president said on Friday. .... 25 Jan, 2002
McDonald's earnings fall.
The fast-food giant McDonald's has posted its fifth straight fall in quarterly earnings, although the fall was mainly due to restructuring costs. .... [more] 24 Jan, 2002
Blockbuster CEO to Stay Through 2006.
Blockbuster Inc. said Chief Executive John Antioco has signed on to stay with the video-rental retailer through 2006. .... 17 Jan, 2002
Ben & Jerry's wins Franchise of the Year.
Patrick Pipino and Dave and Carol Godette, co-owners of Ben & Jerry's Ice Cream at 34 Phila St., have earned the company's Franchise of the Year Award for 2001. .... [more] 17 Jan, 2002
McDonald's in Talks on Games Scam Case.
McDonald's Corp. has been in talks to settle a lawsuit filed against the marketing firm whose employees allegedly hatched a scam involving the fast food giant's promotional games, an attorney said Tuesday. .... 16 Jan, 2002
Gold's Gym International Ranks As Top Fitness Franchise By Worldwide Sales.
Gold's Gym International announced today that Franchise Times magazine ranked Gold's Gym as the top fitness franchise by worldwide sales. .... 14 Jan, 2002
Church's Chicken to Open in Africa.
AFC Enterprises Inc. said Monday it has signed a franchising agreement to open 100 Church's Chicken restaurants in 19 African countries by 2007, with the first scheduled to open in South Africa in April. .... 14 Jan, 2002
Cendant poised to sell British parking business.
Cendant Corp. will start seeking buyers for its British car parking unit in the next two weeks to raise money for acquisitions in its core travel business, sources close to the situation said on Monday. .... 14 Jan, 2002
Giant brokerage makes move on S.F.
Prudential-CRES, a fledgling national commercial real estate company, has found a San Francisco franchisee, Belvedere Associates Inc., and is looking to rapidly expand to the East Bay and San Jose. .... [more] 11 Jan, 2002
Franchise Regulation: Past, Present and Future.
According to new numbers from the International Franchise Association, franchising spans 1,500 concepts - franchise types - in 75 industries, and its 316,000 U.S. .... [more] 9 Jan, 2002
RadioShack Won't Put Stores in Blockbusters.
Blockbuster Inc. agreed to end plans to put RadioShack Corp. stores within its video shops after a six-month trial in 130 locations didn't generate enough sales. .... 9 Jan, 2002
Wendy's founder Dave Thomas dies of cancer.
Wendy's International Inc founder Dave Thomas, the smiling, down-to-earth everyman who personified the No. 3 U.S. hamburger chain through more than 10 years of self-effacing television commercials, has died at age 69, the company said on Tuesday. .... 9 Jan, 2002

Rise in Fast-Food Sales Benefits Tricon.
Led by resurgent Taco Bell, fast-food and pizza chain operator Tricon Global Restaurants Inc. said Tuesday that sales at restaurants open at least a year rose 3% in the fourth quarter, its best performance since early 1999. .... 9 Jan, 2002
Del Taco to Open 120 New Outlets.
Building on years of strong sales, Del Taco Inc. is planning its most ambitious expansion effort the next two years and has ramped up its sports marketing budget to get out the word. .... 9 Jan, 2002
Wendy's Challenge: Maintaining Its Brand Image Without Dave.
.... 9 Jan, 2002
Cendant Real Estate Brands Among Nation's Top Names in Franchising.
Cendant-affiliated residential real estate brands - Century 21, Coldwell Banker and ERA - are the top three real estate franchise networks and among the top franchises across all industries, according to Franchise Times, a national trade magazine. .... 7 Jan, 2002
Outback Steakhouse, Inc. Reports December Comparable Store Sales.
Outback Steakhouse, Inc. today reported that comparable store sales for the five-week period ended December 29, 2001, increased by approximately 1.8% and 4.9% for domestic Outback Steakhouses and Carrabba's Italian Grills, respectively, compared to the same five-week period in 2000. .... 7 Jan, 2002
RadioShack Dec. same-store sales drop 2 pct.
RadioShack Corp., the third largest U.S. consumer electronics retailer, said on Monday sales at its stores open at least a year fell 2 percent in December from a year earlier. .... 7 Jan, 2002
Kudos To Waco's Curves For Women.
Arms, legs and tummies aren't the only shapely things around Waco. The fitness chain, Curves for Women, seems to be in pretty good shape as well. .... 6 Jan, 2002
Developer Wants Hotel Next To Santa Fe Depot.
An Oklahoma City developer has secured an franchise agreement with Holiday Inn to locate a hotel in the newly renovated Santa Fe Depot in downtown Oklahoma City. .... 3 Jan, 2002
Boynton Beach Approves Buffett's Krispy Kreme.
A popular doughnut franchise wants to move into Boynton Beach, but some residents are not too sweet on its proposed location. .... 3 Jan, 2002
January Conference in Elizabeth Will Focus On Franchise Ownership and Downtown Development.
Existing and aspiring entrepreneurs interested in exploring the many opportunities for franchising in New Jersey's urban areas are invited to attend a special conference at the Winfield Scott Ballroom here from 8:30 a.m. to 1:30 p.m. on Wednesday, Jan 16. .... 3 Jan, 2002
McDonald's to open 30 units in 2002.
McDonald's Indonesia, the local franchise of U.S. McDonald's restaurant operator, said it hopes to open 30 new outlets in the country this year. .... 2 Jan, 2002
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