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UNITED STATES FRANCHISE NEWS ARCHIVE

 
: : Dec 1999

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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