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 UNITED STATES FRANCHISE NEWS ARCHIVE
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: : Dec 1999
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Another McDonald's in the making? The owner of Dipstx
in San Pedro is hoping to develop a successful chain of French dip
joints. .... 30 Dec, 1999
A Thousand Years of Dining. No matter which way you
slice the last millennium, a thousand years adds up to a lot of meals.
Some were more memorable than others. .... 29 Dec, 1999
Burger King Is Recalling Pokemon Balls. Chain says the
toy holders may suffocate children. .... 28 Dec, 1999
GMCH Signs Lease Agreement for Pilot Store. Gourmet's
Choice Coffee Co, Inc. announced today that it has signed, jointly
with the Twistee Treat Corp., the building lease for the flagship
location of its first co-branding ice cream and coffee restaurant
cafe. .... 27 Dec, 1999
A Big Mac Attack On Energy Waste McDonald's Finds Conservation
Makes Good Business Sense. They're dimming the lights at McDonald's.
Not to mention fiddling with the lights in the meat lockers, metering
the water to the potties and installing new, high-efficiency air-conditioning
units, all powered by the "pint-sized power plant of the future."
.... 22 Dec, 1999
Follow the Demographics, Franchising Experts Say. As
1999 draws to a close, small business investors have seen one franchise
brand pop up after another. They have grown weary of limited-menu
concepts like "the wrap," a cylindrical take on the sandwich that's
tough to eat in your car, and scared of oversaturated ideas like the
bagel. .... 22 Dec, 1999
Econo Lube Is a Case Study in the Risks That Franchisees Face.
Randy Cressall has draped banners around his Econo Lube N'
Tune franchise in Chatsworth stating boldly: "Independently Owned
and Operated." .... 22 Dec, 1999
Years of Preparation Pay Off for Restaurateur. Anthony
Mack, 38, received his accounting degree from Morehouse College and
worked for years in sales, accounting and consulting. .... 22 Dec, 1999
Battling bigness. Sa Francisco Holiday shoppers are
still mourning String Box Books, missing its cozy atmosphere and knowledgeable
service. The place went dark on Halloween in a pattern familiar in
cities and towns: Small stores close, unable to compete with big chains
and the Internet. .... 22 Dec, 1999
Wendy's founder returns to helm. Founder Dave Thomas
is temporarily resuming a more active role at Wendy's International
Inc. after the second death of a chairman of the fast-food company
in less than four years. .... 21 Dec, 1999
Oak Brook recruitment company buys franchise. Sales
Consultants of Oak Brook, a search and recruitment company, has acquired
the local franchise of Management Recruiters. .... 21 Dec, 1999
ADVO's Super Coups is Ranked No. 1 Advertising Services
Franchise in U.S. by Entrepreneur Magazine (PR). ADVO, Inc.
subsidiary, Super Coups, secured the top spot among advertising services
franchises in Entrepreneur magazine's annual "Franchise 500''
listing, ADVO officials announced today. .... 20 Dec, 1999
McDonalds Franchise Faces Claims From Hepatitis A Victims
(PR). Marler Clark, a Seattle law firm with a long track record
of successful lawsuits against food companies, filed a lawsuit today
against McDonalds in Skagit County Superior Court on behalf a woman
who was sickened along with several other people with Hepatitis A
from eating at the McDonalds restaurant on Riverside Drive in Mount
Vernon, Washington. .... 20 Dec, 1999
Pizza in franchise battle. Thailand's Pizza Plc reported
on Monday a legal dispute with the owner of the Pizza Hut franchise
as it sought to renew a five-year franchise agreement expiring on
January 18. Pizza Plc said in a statement it had exercised its contractual
right to renew the agreement for the period 2000-2004 and filed a
lawsuit against Tricon Restaurants International in the U.S. District
Court for the Southern District of New York to protect its interests
and recover damages. .... 20 Dec, 1999
An Opportunity Made to Order. Nathaniel Cooper had
a situation on his hands. A group of noisy teenagers occupying a booth
in the back of the Denny's restaurant he owns in Hyattsville was throwing
food and talking too loud. It was late at night, and the waitress
was nervous and afraid to continue serving them. .... 20 Dec, 1999
Wendy's Chairman and CEO Dies; Founder Thomas to Serve in Interim.
Gordon Teter, chairman and chief executive of No. 3 U.S. hamburger
chain Wendy's International Inc., died Sunday at his home in a Columbus,
Ohio, suburb. .... 20 Dec, 1999
Out with the old at AutoNation. Tough decision for anyone
to make: Integrate your used-car stores into your new-car stores or
close your used-car stores to focus on your new-car stores.
.... 19 Dec, 1999
FTC Raises the Bar For Latest Mergers. Three Deals Collapse
Under Scrutiny. A trio of deals were abandoned yesterday by
companies facing tough scrutiny by the Federal Trade Commission, the
latest sign that antitrust regulators are casting an increasingly
skeptical eye on mergers and acquisitions. .... 17 Dec, 1999
Ernst & Young to pay $335 mln to Cendant shareholders. The
largest U.S. pension fund said on Friday that accounting firm Ernst
& Young has agreed to pay $335 million to settle the securities class
action shareholder lawsuit against franchising and marketing company
Cendant Corp. .... 17 Dec, 1999
Entrepreneur Magazine's Franchise 500 Ranks Jiffy Lube No. 5
Franchise In The World. The rankings have been released and
Jiffy Lube continues its ascension as a fixture on Entrepreneur Magazine's
Franchise 500® list. .... 17 Dec, 1999
U.S. Options - Cendant vols firm on Liberty deal. Implied
volatility in Cendant Corp. options firmed in active dealings on Thursday
after the franchising giant announced that Liberty Media Corp. will
invest $400 million to develop Internet opportunities in its travel,
mortgage, real estate and membership businesses. .... 16 Dec, 1999
Gourmet wrap restaurant chain New York Burrito Wednesday announced
the unveiling of New York Burrito Uptown Cantina, a new offshoot of
the flagship concept designed to appeal to urban, upscale diners.
.... 15 Dec, 1999
Boston Restaurant Associates, Inc. announced today, that they signed
a Franchise Agreement for the development of Polcari's Restaurant
in Saudi Arabia. .... 15 Dec, 1999
The AutoNation operation here looks more like a gigantic Starbucks
than a place to sell used cars. .... 15 Dec, 1999
As County Grows, So Do Entrepreneurs. When John Hampton
and his wife, Jane, went looking for a place to start a business five
years ago, they found exactly what they wanted in Prince William County
- nothing. .... 15 Dec, 1999
Phones went unanswered yesterday at AutoNation Inc. used-car superstores
across America. Only skeleton crews showed up, and they weren't seeking
customers. .... 15 Dec, 1999
Washington Mutual Inc., a provider of financial services to individuals
and small businesses, agreed to buy commercial loans from Franchise
Finance Corp. of America, a specialty finance company, the companies
said on Wednesday. .... 15 Dec, 1999
Buckhead America Corporation, the hospitality services company, enters
2000 in very strong financial condition and with profitable hotel
franchising and management operations. .... 15 Dec, 1999
Last week's opening of the Krispy Kreme Doughnuts at Ontario Mills
Circle has burst all expectations. "We sold 80,000 doughnuts a day
in Ontario. It's just unbelievable," said Richard Reinis, chairman
of Great Circle Family Foods, which owns the Southern California franchise
for Krispy Kreme. .... 14 Dec, 1999
US retail sales beat expectations in November but there was
no evidence of inflationary pressure, according to figures released
on Tuesday..... 14 Dec, 1999
AutoNation Inc., the largest US auto retailer, plans to eliminate
1,800 jobs, or 6 percent of its work force, and close 23 used-car
stores because its shares fell more than a third this year. .... 14 Dec, 1999
AutoNation Store Shuts, Surprising Oxnard Officials .... 14 Dec, 1999
Home furnishings retailer Pier 1 Imports Inc. said on Tuesday that
its third quarter profits fell to $16.2 million or 16 cents a share,
but the results beat Wall Street's expectations as the company tries
to cut prices to revive its franchise. .... 14 Dec, 1999
Supermarkets and discount department stores have muscled their way
into drugstore retailing, statistics show - giving new meaning to
the pains that small pharmacies have suffered over the past few years.
.... 14 Dec, 1999
Golden Touch Shown By CEO Of Golden Arches. They were
two people with very common characteristics, both in their 50s, both
accountants, taking charge of two of the world's best-known companies
at the onset of a global economic crisis. .... 12 Dec, 1999
CKE Restaurants Inc., the fourth-largest U.S. hamburger chain, said
Thursday that profit for its fiscal third quarter tumbled 81% on slower
sales at its Hardee's and Carl's Jr. restaurants. .... 10 Dec, 1999
We have little sympathy for Jeffrey Givens, the creator and franchiser
of the Just Desserts café system. Reporter Peter Cheney does a thorough
job of chronicling the depravity that came from his irresponsible
use of his wealth (Dec. 8). .... 10 Dec, 1999
Burger King Corp. said Thursday that it is offering sheets of Pokemon
trading cards as a way to solve the chronic toy shortage plaguing
its popular Pokemon promotion, which runs through the end of the month.
.... 10 Dec, 1999
Food outlets on the West Virginia Turnpike will now be run by Host
Marriott Corporation. .... 10 Dec, 1999
Restaurant Teams International, Inc. Notifies Fatburger Holding Co.
of its Intent to Immediately Close the Fatburger Acquisition. ....
10 Dec, 1999
Little Caesars Pizza is adding a big slice to its international markets
with a major franchise agreement totaling 400 restaurants. .... 9 Dec, 1999
The Krispy Kreme Doughnut Corp. is in talks with a local developer
to bring their best-selling doughnuts to the Santa Clarita Valley.
.... 9 Dec, 1999
A high roller gets his Just Desserts Café owner's secret life of big
money and hard drugs now lies in ruins. .... 8 Dec, 1999
The Detroit-based pizza chain Little Caesars Enterprises announced
Wednesday it will open 400 restaurants in Japan and 300 in Latin America
over the next three years. .... 8 Dec, 1999
The Microtel Inn & Suites brand continues to expand to the nation's
airports. .... 8 Dec, 1999
U.S. Franchise Systems' Microtel Inn & Suites the chain of all newly-constructed
interior corridor budget/economy hotels has been ranked the top hotel
brand in the U.S. for the number of projects and rooms in the development
pipeline. .... 8 Dec, 1999
Cendant Corp., the marketing and franchising company battered by accounting
problems last year, has won at least a temporary reprieve from shareholders.
.... 8 Dec, 1999
Krispy Kreme craze comes to Ontario with hundreds of doughnut fans
lining up for a predawn first taste of fluffy, glaze-gleaming goodies.
.... 8 Dec, 1999
A group of big pension funds, including the California Public Employees'
Retirement System, announced a preliminary settlement Tuesday in a
securities fraud lawsuit against Cendant Corp. .... 8 Dec, 1999
The franchising and marketing company Cendant Corp. said on Tuesday
it would pay $2.83 billion to settle a shareholder class action lawsuit
over accounting irregularities. .... 7 Dec, 1999
Yuma-based Underhill Transfer Co. and Atlanta-based U.S. Franchise
Systems, Inc., franchisor of the Microtel Inn & Suites brand, have
opened Arizona's fourth Microtel Inn & Suites at 11274 S. Fortuna
Rd. in Yuma. .... 6 Dec, 1999
Stafford Kelley thought bringing coffins to the public equity markets
was a promising venture, but his plan has gone belly up now that retailer
Caskets Direct Inc. has collapsed under more than $1-million in debt.
.... 4 Dec, 1999
Days Inn to Ensure Access for Disabled. Days Inn, the
nation's largest hotel chain, agreed with the Justice Department yesterday
to renovate hotels built in the past seven years and ensure that new
inns are accessible to disabled people. .... 3 Dec, 1999
Last Taste of a Tradition. Day after day, some for as
long as 40 years, they came to this Hot Shoppes in Marlow Heights.
.... 3 Dec, 1999
A Growing Appetite. McDonald's Corp. founder Ray Kroc
built a global empire by serving up basic burger and fries fare. But
in the last two years, the fast-food giant has added a Mexican grill
business and a chain of pizzerias to create a roster of restaurant
brands. .... 2 Dec, 1999
If you sit outside the Del Taco restaurant on El Toro Road and look
west through shopping center trees, gas station pumps and passing
trucks, you can make out an unusual, disorienting sight just across
the street. .... 2 Dec, 1999
After months of negotiations, city officials have worked out a competitive
contract for haulers of commercial waste and recyclables in Irvine.
.... 2 Dec, 1999
Domino's Pizza Inc. said on Wednesday it will take a slice out of
its workforce and eliminate about 100 U.S. jobs as it invests in new
stores and technology to sell pizza over the Internet. The No. 2 U.S.
pizza seller said the job cuts, mostly administrative positions from
more than 3,000 salaried jobs in the United States, were part of a
strategy to streamline operations while expanding sales. .... 2 Dec, 1999
Boston Market, it turns out, is a McDonald's kind of place.
But it remains a nightmarish example of just how wrong the stock market
can be and how misleading profit reports from companies can be. ....
2 Dec, 1999
Ann Arbor, Mich.-based Domino's Pizza Inc. said it will take a slice
out of its work force and eliminate about 100 U.S. jobs as it invests
in new stores and technology to sell pizza via the Internet. ....
2 Dec, 1999
Taking its growth-by-acquisition strategy to a new level, hamburger
giant McDonald's Corp. said Wednesday that it will buy most of the
Boston Market restaurant chain from its bankrupt parent for $173.5
million. .... 2 Dec, 1999
McDonald's Corp. agreed to buy most of the Boston Market restaurant
chain from troubled Boston Chicken Inc. for $173.5 million to speed
its expansion beyond burgers and fries. .... 2 Dec, 1999
Boston Restaurant Associates, Inc. today announced a fifty percent
increase in operating income before pre-opening costs. .... 2 Dec, 1999
Martin Bunting, Executive Vice President and Chief Operating Officer
of Nevada Bob's Golf Inc., announced that Jay Sorrenti has joined
the Company in the position of Chief Operating Officer for the Franchise
Division of Nevada Bob's Golf, Inc. .... 1 Dec, 1999
New Riverside Garden Inn and Atlanta-based U.S. Franchise Systems,
Inc., franchisor of the Best Inns & Suites hotel brand, have opened
California's eleventh Best Inn & Suites at 600 Riverside Avenue in
Santa Cruz near the beach. .... 1 Dec, 1999
S&A Restaurant Corp, a division of Metromedia Restaurant Group(R),
has entered into a strategic relationship that aligns two icons of
the hospitality industry Bennigan's Irish American Grill & Tavern(R)
and Ramada Franchise Systems, Inc. .... 1 Dec, 1999
In an ongoing effort to drive leads, build brand awareness and enhance
its image, the Century 21(R) System executed an overall brand strategy
in 1999 with programs that generated more than 500,000 leads to local
franchise offices. .... 1 Dec, 1999
Talking Book World (TBW), the world's largest chain of audiobook stores
with more than 40 store locations throughout North America, has announced
the opening of its newest locations in Ohio. .... 1 Dec, 1999
Uno Restaurant Corporation announced today that it has made two changes
to its executive team as Robert M. Brown and Alan M. Fox have each
been promoted to Executive Vice President, effective immediately.
.... 1 Dec, 1999
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