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UNITED STATES FRANCHISE NEWS ARCHIVE

 
: : Apr 2002

McDonald's Opens Mega-Restaurant in Ohio. McDonald's Corp. said on Tuesday it has opened a mega-restaurant in Columbus, Ohio, featuring attractions for tots through teens, as well as adults, as the world's largest restaurant chain, which been battling sluggish sales in its core U.S. market, moved to reinforce its family-friendly image. .... 30 Apr, 2002
Webcast Alert: Wendy's International, Inc. Invites You to Join A Webcast of Its Shareholders Meeting.
In conjunction with Wendy's International, Inc. Shareholders Meeting, you are invited to listen to the meeting that will be broadcast live over the Internet on Wednesday, May 1 at 10:00 a.m. EDT. .... 30 Apr, 2002
KFC says no to bite of BK.
Tricon Global Restaurants, operator of the KFC, Pizza Hut and Taco Bell chains, is not bidding for Burger King, according to its Chief Executive David Novak. .... 30 Apr, 2002
Mexican fast-food chain targets Seattle for franchises.
Del Taco Inc. said Tuesday it plans to open up to 50 of its Del Taco fast-food restaurants in the Seattle area during the next five years. .... [more] 30 Apr, 2002
Qdoba Mex Grill heats up.
Qdoba Mexican Grill, a fast growing restaurant chain based in Denver, is preparing to enter a Pittsburgh market some say is lacking in Mexican dining options. .... [more] 29 Apr, 2002
Profit Rises for KFC, Pizza Hut Operator.
Tricon Global Restaurants Inc., operator of the KFC, Pizza Hut and Taco Bell chains, said on Monday quarterly profit rose 41 percent as growth jumped in China, Mexico and South Korea and profit margins increased. .... 29 Apr, 2002
Where to Find the Best Franchise Opportunities.
A prospective franchisee asks how to identify the best concept for his unique needs. .... [more] 29 Apr, 2002
Tanishq Aria set for US market.
Titan's jewellery arm Tanishq is ready for its US foray with the seven-stone diamond collection Aria. The collection will be distributed through US company Highglow which caters to the ethnic Indian and Asian population. .... [more] 27 Apr, 2002
Mrs Fields' 25 years of cookie success.
Twenty-five years ago when mood rings, lava lamps and pet rocks were all the rage, 20-year-old Debbi Fields conceived of one really big bake sale - and Mrs. Fields cookies were born. .... 26 Apr, 2002
Black McDonald's association elects new chairman.
The National Black McDonald's Operators Association (NBMOA), one of the largest and most influential African-American business organizations in the country, has elected Larry Tripplett, a 14-year McDonald's industry veteran, as Chairman and CEO. .... 26 Apr, 2002
Eat What You Love, Love Where You Eat.
A high-profile new national branding campaign for T.G.I. Friday's(R) restaurants will launch the week of April 29 on network television and national cable. .... 26 Apr, 2002
Beaverton franchise stays open as Earful of Books shuts company stores.
The Beaverton operator of an audiobook store franchise knew something was up when he called the corporate headquarters a few days ago and nobody answered the phone. .... [more] 25 Apr, 2002
McDonald's-Fazoli's Venture Continues Several Trends.
McDonald's Corp.'s intention to partner with "fast-casual" Italian restaurant chain Fazoli's continues three trends. .... 24 Apr, 2002
How Feasible Is That Irresistible Franchise?
Back in 1993, teaching computer skills to small children seemed like a sure-fire business success. But as those who flocked to this idea soon discovered, the model had serious flaws. .... [more] 23 Apr, 2002
Franchise Services, Inc. Selects Hemera GraphicsDesk Image Access Solution for 1,000 Franchisees Worldwide.
Hemera Technologies Inc., today announced that it has entered into a business relationship with Franchise Services, Inc. for the distribution of the Hemera(TM) GraphicsDesk(TM) image access solution to more than 1,000 franchises worldwide. .... 23 Apr, 2002
The dating game.
Dating services have been around for a long time. Online matchmaking has only added to the options, so can another "man meets woman" service make it in St. Louis? .... [more] 22 Apr, 2002
Papa John's Testing Deep-Dish Pizza In Wichita Market.
Until now, Papa John's International Inc. has made only two kinds of pizza: traditional and thin-crust. .... 22 Apr, 2002
Supervalu to open new stores, expand low price store assortment.
Eden Prairie-based Supervalu Inc. plans to open 150 to 170 extreme value grocery stores in fiscal year 2003, up from 37 last year, according to the company's 10K released Friday. .... [more] 19 Apr, 2002
Burger King Franchisees Work With Texas Pacific On Bid.
Burger King's U.S. franchisee association, which operates most of the chain's restaurants, is "working very hard" with Texas Pacific Group in "crafting and cobbling together a bid for the brand," the association's head said Friday. .... 19 Apr, 2002
McDonald's profits still in decline.
Fast food giant McDonald's has reported a further fall in profits over the past trading quarter - its earnings have declined steadily over an eighteen month period. .... [more] 19 Apr, 2002

Snap-on to Webcast its 2002 Annual Meeting of Shareholders.
Snap-on Incorporated announced today that its 2002 Annual Meeting of Shareholders will be Webcast live via the Internet. .... 19 Apr, 2002
DoubleDave's pizza chain will toss its dough in San Antonio.
First it was Krispy Kreme. Now another popular franchise is making its way to the Alamo City. .... [more] 19 Apr, 2002
Cendant's 1st-Quarter Earnings Climb 43%.
Cendant Corp. said its first-quarter earnings rose 43% as the world's largest hotel franchiser was helped by a rebound in travel and acquisition of the Avis car rental firm and other businesses. .... 18 Apr, 2002
McDonald's learns the ropes of being an American icon abroad.
In the services-led expansion of the 1980s, McDonald's, the worldwide king of fast food, replaced General Motors as the benchmark by which the health of the US economy was measured. .... 18 Apr, 2002
Owens Corning ELAMINATOR(R) System Changing from Licensee to Franchise Model.
Owens Corning has changed the marketing of its ELAMINATOR(R) Insulating Systems from the current licensing agreements to a network of franchises. .... 17 Apr, 2002
Elephant & Castle Signs New Franchise Deal in New Jersey.
Elephant & Castle Group Inc. announced today that it has added another franchised location to its Northeastern US cluster of pub-restaurants - and will open an Elephant & Castle at a Holiday Inn in Springfield, New Jersey. .... 17 Apr, 2002
Three Charged in Hotel Fraud Scheme.
Two men who once owned more than 50 Days Inn hotels nationwide have been charged with defrauding banks by portraying themselves as too broke to pay off debts while leading luxurious lifestyles. .... 17 Apr, 2002
US-European salons in big hair merger.
The world's largest group of hairdressers, Regis of the US, has said it is to buy Europe's largest hair salon chain, Jean Louis David. .... [more] 16 Apr, 2002
Star Wars Products Land at Toys 'R' Us.
Toys "R" Us announced today that select stores nationwide will open at 12:01 a.m. on April 23rd to accommodate the demand for Star Wars product. .... 16 Apr, 2002
Roadhouse Grill, Inc., Announces Reorganization.
As part of its focus on strengthening its financial position and continuing its growth, Roadhouse Grill, Inc., a full-service, casual-dining restaurant operator, today announced its reorganization under Chapter 11 .... 16 Apr, 2002
Krispy Kreme: Franchise repurchase not unusual.
Winston-Salem-based Krispy Kreme Doughnuts Inc. said Monday it was consolidating its company-owned Miami operations with the currently franchised West Palm Beach, Fla., market, creating one of its largest joint ventures. .... [more] 15 Apr, 2002
Checkers serves up quarterly yield.
Clearwater-based Checkers Drive-In Restaurants Inc. reported higher revenue for its first quarter this year. .... [more] 15 Apr, 2002
McDonald's Touts Record on Social Issues.
Stung by unfavorable attention it has attracted as a symbol of rampant globalization, McDonald's Corp. is touting its record of promoting animal welfare, protecting tropical rain forests and hiring disadvantaged workers. .... 14 Apr, 2002
Retailers Wake Up, Smell the Coffee Cards.
The advantages of paying with a prepaid Starbucks card are clear - if you are Starbucks Corp. .... 14 Apr, 2002
Moe's Southwest Grill expanding in local market.
There's only one place in town where you can find menu items with names such as the Art Vandalay or Sherman Klump. But that's about to change. .... [more] 12 Apr, 2002
Hair Saloon sharpens its image with franchises.
St. Louis is hardly known as a hotbed of franchise activity, but three native St. Louisans believe this is an ideal place to begin franchising their concept. .... [more] 12 Apr, 2002
McDonald's plans for faster service hits snag.
For McDonald's Corp., the fast food chain that built its empire on speed, the perception that its service is too slow has emerged as a nagging problem. .... 11 Apr, 2002
Finova sells portfolio assets.
The Finova Group Inc. has sold about $485 million of its franchise finance portfolio to GE Capital Franchise Finance Corp. and another portion of its portfolio to GE Capital Canada Equipment Financing Inc. for about $490 million, officials of the Scottsdale-based company said Wednesday. .... [more] 10 Apr, 2002
7-Eleven's March same-store sales up 1.4%.
7-Eleven Inc. said merchandise sales at its stores open at least a year, or same-store sales, rose 1.4 percent in March from a year ago. .... [more] 9 Apr, 2002
GNC Partners With March of Dimes for Me & My Baby Folic Acid Awareness Program.
The program is designed to help the March of Dimes meet its goals for raising awareness among women in their childbearing years about the benefits of taking folic acid prior to and during early pregnancy. .... 9 Apr, 2002
Papa John's posts 1.9-percent gain in March comparable sales.
Papa John's International Inc.'s systemwide comparable sales for the five weeks ended March 31 rose 1.9 percent from a year earlier. .... [more] 9 Apr, 2002
Burger Makers' Not-So-Meaty Prospects.
McDonald's, Wendy's, and Burger King all face varying challenges that will likely mean little short-term sizzle. .... [more] 9 Apr, 2002
Tricon Reaffirms Earnings Guidance.
Fast food restaurant operator Tricon Global Restaurants Inc. reaffirmed on Monday its 2002 earnings guidance, and said that it expects sales in its U.S. restaurants open at least a year to rise at least 2 percent this year. .... 8 Apr, 2002
Pizza Schmizza plans to open a store a month.
Despite penny-pinching attitudes among consumers these days, most people are happy to lay down a few bucks for a tasty slice of pizza. .... [more] 8 Apr, 2002
Franchising Foes Fight A Big Renewal Battle.
How franchise agreements are renewed is at issue in a lawsuit involving H&R Block and its franchisees - and industry groups on both sides are getting involved. .... [more] 5 Apr, 2002
Famous Dave's 1st Quarter Revenue $21.2 Million.
Famous Dave's of America Inc. said it had first quarter revenue on the low side of its guidance range, but a company spokesman said its prior earnings-per-share estimate of 2 to 3 cents remains unchanged. .... 4 Apr, 2002
Restaurants Accused of Tax Evasion.
Guatemala has accused three U.S. fast food chains of tax evasion and may force them to close some of their restaurants in this country, officials said Wednesday night. .... 3 Apr, 2002
Shoney's, Inc. Announces Dismissal of Shareholder Lawsuit.
Shoney's, Inc. announced today that the individual plaintiff in litigation filed relating to the Company's pending merger had voluntarily dismissed the lawsuit. .... 1 Apr, 2002
Cendant to acquire Trendwest Resorts.
Hotel franchise operator Cendant Corp. said Monday it plans to buy Trendwest Resorts Inc., a time-share resort developer, for about dlrs 894 million in stock. .... 1 Apr, 2002
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