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 UNITED STATES FRANCHISE NEWS ARCHIVE
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: : Mar 2002
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Starbucks: Dial 'M' for Mochaccino. Don't want to
wait on line for a caffeine fix? Those who crave a Starbucks cappuccino
can call ahead to avoid a wait. .... 31 Mar, 2002
Burger King Corporation to Launch Chicken Whopper(TM) Sandwiches.
Burger King Corporation today announced the April 1st worldwide introduction
of the CHICKEN WHOPPER(TM) and CHICKEN WHOPPER JR.(TM) sandwiches,
the first and only WHOPPER(R) brand extension in the brand's 45-year
history. .... 28 Mar, 2002
Jack in the Box Says Estimates on Target. Jack in the
Box Inc. said second-quarter and annual profit will meet the company's
estimates as the hamburger-restaurant chain reduces costs. .... 27 Mar, 2002
McDonald's CEO to Stay 3 More Years. McDonald's Corp.'s
decision to extend the tenure of its chief executive for three more
years is a signal that management continuity is more important to
the company than concerns about its weak near-term outlook, analysts
said. .... 27 Mar, 2002
Arby's could yield tasty Triarc returns. Investment
pioneer Ben Graham and those other guys whose names no one can remember
anymore used to tell anyone who'd listen that successful investing
rested on a simple practice: buying dollars for quarters. .... 26 Mar, 2002
Foot Locker Poised To Perform. After a rough stretch
in the 1990s, Foot Locker , the world's largest retailer of athletic
footwear and apparel, has done a good job of identifying and capitalizing
on its best assets. The New York-based company is looking to Nike
and the European consumer to lead growth in the years ahead. ....
26 Mar, 2002
Frankie's hopes to go from single restaurant to national chain.
A Charlotte restaurant is quietly preparing for the big time with
an expanded menu, swanky cocktails and a new service structure. ....
[more]
25 Mar, 2002
Krispy Kreme speeds disclosure on stock sales. Having
weathered criticism that compared some financing procedures to the
accounting that got Enron Corp. in trouble, Krispy Kreme Doughnuts
Inc. has announced new measures to increase reporting about the company's
performance. .... [more]
25 Mar, 2002
Sonic drive-in chain reports profits up. Drive-in restaurant
chain operator Sonic Corp. said on Monday that second-quarter earnings
climbed about 29 percent, driven by a 7.3 percent surge in sales in
restaurants open at least one year. .... 25 Mar, 2002
Fred's to open $25M warehouse in Ga. Memphis-based
Fred's, Inc., says it plans to invest $25 million to open a distribution
center in Dublin, Ga., to supplement the operations of its Memphis
center. .... [more]
22 Mar, 2002
Up periscope: Sub shops scouting here. Seeking to capitalize
on a booming market for sandwich stores, a flotilla of sub shops is
dropping anchor in the Twin Cities. .... [more]
22 Mar, 2002
Restaurant franchisees scout area for even more locations.
Denver is cooking up a reputation among restaurant chains across the
country as the best place to establish a franchise base. .... [more]
22 Mar, 2002
Image transformation. For many businesses a downtrodden
economy translates into dips in revenue, but that hasn't been the
case for fast-food restaurant company Golden Chick. .... [more]
22 Mar, 2002
Upper crust: Jet City Pizza's plans take flight. Woodinville-based
Jet City Pizza Co. is baking up a half-dozen new locations around
Puget Sound this year, propelled by the success of its gourmet pizza
products. .... [more]
22 Mar, 2002
Two Men and a Truck wins company awards. The Greensboro
franchise of Two Men and a Truck/International has won two awards
from its parent company - one for sales and one for market share.
.... [more]
21 Mar, 2002
Winter Park firm named as SixContinents' Franchisee of the
Year. Atlanta-based SixContinents Hotels Inc. named Prince-Bush-Smith
Investments Inc. of Winter Park as its 2001 Franchisee of the Year.
.... [more]
20 Mar, 2002
Krispy Kreme mobile store ready for W-S debut. Krispy
Kreme Doughnuts Inc. will debut its mobile store in Winston-Salem
on March 23, the company said Wednesday. The Krispy Kreme Mobile Store
is designed to replicate the operations of a regular store within
an 18-wheel truck. .... [more]
20 Mar, 2002
Starbucks targets Puerto Rico. Starbucks Coffee Co.'s
international unit has signed a joint venture agreement with Puerto
Rico Coffee Partners LLC to open Starbucks stores in Puerto Rico.
.... [more]
20 Mar, 2002
New Computer Service in Canton. Ranked the #1 Tech
Support franchise by Entrepreneur magazine, Computer Troubleshooters
provides a complete range of onsite computer services to small businesses
that don't have a full time IT person on staff. .... 20 Mar, 2002
Wendy's ordering up R&D upgrades to test initiatives.
Wendy's International Inc. plans to expand its Dublin headquarters
complex to beef up its research-and-development capabilities. ....
[more]
18 Mar, 2002
Cendant boosts first-quarter outlook, citing revenue surge.
Cendant Corp. said Monday it raised its first-qua .rter earnings outlook
above Wall Street's expectations, citing higher-than-expected revenue,
particularly in its real estate franchise, Avis and Galileo units.
.... 18 Mar, 2002
2 Harley dealers within 10 miles has owners fuming.
Motorcycle enthusiasts may be in hog heaven when a new Harley-Davidson
dealership opens in south St. Louis County later this year. But the
move puts two dealerships within 10 miles of each other, and the owners
of the businesses are revving up for some competition. .... [more]
18 Mar, 2002
Burger King debuts BK Veggie burger. The company that
made flame-broiled hamburgers famous is showing off its veggie side.
.... [more]
18 Mar, 2002
Mexican Restaurants Inc. loss widens due to charges.
Mexican Restaurants Inc. on Monday said its 2001 fourth-quarter net
loss widened due to asset impairment and costs for closing restaurants,
but it forecast higher earnings for 2002. .... 18 Mar, 2002
Elbow room. New owners of Albuquerque mortgage brokerage
franchise use innovative techniques, persistence to draw clients in
crowded market. .... [more]
18 Mar, 2002
Gold's Gym looks to bulk up area presence. When Scott
Theeringer looks across the Metroplex, he sees plenty of people who
want to stay healthy, which spells opportunity for his Gold's Gym
franchise. .... [more]
15 Mar, 2002
Franchising offers fast expansion. All that's needed
is research, planning. .... [more]
15 Mar, 2002
Rita's to Celebrate the First Day of Spring With Free Italian
Ice for Everyone. In what has become one of the most eagerly
anticipated signs of Spring, Rita's, the nation's largest Italian
Ice chain, will give a FREE medium ice to everyone who stops by one
of its more than 240 locations on Wednesday, March 20. .... 14 Mar, 2002
Asbury Auto's IPO Priced at Upper End of Estimate at $16.50
Each. An initial public offering of 7.7 million shares of
auto-franchise operator Asbury Automotive Group Inc. was priced at
$16.50 Wednesday through underwriters led by Goldman Sachs Group Inc.
.... 14 Mar, 2002
CKE Restaurants 4th-quarter net loss narrows. Fast
food chain CKE Restaurants Inc. on Thursday reported a narrower fourth-quarter
loss, helped by higher sales in its restaurants open at least one
year. .... 14 Mar, 2002
Asbury Auto Group Goes Public. One of the country's
biggest car retailers raised about $127 million Wednesday in an initial
public offering that is expected to lead to more consolidation in
the fragmented auto industry. .... 13 Mar, 2002
Consumers Honor Panera Bread With Prestigious Choice in Chains
Award. Panera Bread has won a prestigious Choice in Chains
award, the definitive restaurant industry customer-satisfaction award.
.... 13 Mar, 2002
Tony Roma's Signs Two Major Development Agreements.
Romacorp, Inc. announced the signing of two major domestic franchise
development agreements. The company also announced the opening of
the first Tony Roma's restaurant in Australia and opening of the 13th
Tony Roma's restaurant in Spain. .... 12 Mar, 2002
Tricon To Unite Taco Bell, Long John Silver's. Don't
be surprised if you see flat-bread fish sandwiches and clams on the
menu the next time you visit your local Taco Bell. The Mexican fast-food
chain will see several of its units spilt in half - as if by asexual
reproduction - to make room for fish restaurant Long John Silver's.
.... 12 Mar, 2002
Quality Dining reports higher 1st quarter earnings. Quality
Dining Inc., which owns and operates restaurant chains, Tuesday posted
sharply higher quarterly earnings after acquiring 41 new Burger King
franchises. .... 12 Mar, 2002
Rocky Mountain Chocolate Factory, Inc. Exceeds Store-Opening
Goals for FY2002. Rocky Mountain Chocolate Factory, Inc. today
announced that 25 new franchised stores were opened during the fiscal
year ended February 28, 2002. .... 12 Mar, 2002
Bassett franchise hounds new locations, revenue. Their
paths have gone in various directions, but crossed along the way through
the years. Now, five young businessmen have come together in a partnership
that is blazing a fast track, franchising stores for Bassett Furniture
Direct. .... [more]
8 Mar, 2002
Franchise group picks PayMaxx for branded payroll The
American Association of Franchisees & Dealers, a national non-profit
trade group representing franchisees and independent dealers, has
chosen PayMaxx Inc. as its branded payroll provider. .... [more]
8 Mar, 2002
Krispy Kreme Profits Up 94 Percent. Krispy Kreme Doughnuts
Inc. said Friday its fourth-quarter profits nearly doubled, on stronger
sales and helped in part by an additional week in the latest reporting
period. .... 8 Mar, 2002
Krispy Kreme moves to boost investor confidence. Krispy
Kreme Doughnuts Inc. has made changes to its board of directors and
its franchise investments to boost investor confidence, the Wall Street
Journal reported on Friday. .... 8 Mar, 2002
McDonald's Makes Beef-Tainted Fries Payout. McDonald's
Corp. plans to issue a new apology and pay $10 million to vegetarian
and religious groups for using beef flavoring in its French fries,
in a proposed settlement of lawsuits charging that the company had
misled consumers. .... 7 Mar, 2002
Wendy's Confirms Strong Sales Growth In February. Wendy's
International, Inc. today confirmed strong sales results in February.
.... 7 Mar, 2002
Bankruptcy judge gives Planet Hollywood more time.
Planet Hollywood International has been given another month to prepare
its bankruptcy reorganization. .... 6 Mar, 2002
Getting to the Bottom Of the Franchise Pitch. The Internet
is franchising's hottest marketing medium, but site quality varies
widely, and there are few rules on what franchisers must reveal. ....
2 Mar, 2002
Shoney's, Inc. Schedules Shareholders' Meeting. Shoney's,
Inc. announced today that its Board of Directors has set April 10,
2002, as the date of its special shareholders' meeting at which. ....
1 Mar, 2002
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