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UNITED STATES FRANCHISE NEWS ARCHIVE

 
: : Jun 2002

Blockbuster CEO Denies Conspiracy Deals. The chief executive of Blockbuster Inc. testified Wednesday that the video-rental giant competed vigorously with other video retailers, but that it considered large chains as its major rivals, rather than independent stores. .... 27 Jun, 2002
Krispy Kreme buys back Ohio franchise. Krispy Kreme Doughnuts Inc. said late Tuesday it had purchased the Toledo, Ohio, market back from a franchisee who operates one store in the area. .... [more] 26 Jun, 2002
Hooters to open Winston franchise. The Hooters Girls, those waitresses who wear snug tank tops and skimpy shorts while serving up cold beer and spicy chicken wings, are coming to Winston-Salem. .... 25 Jun, 2002
Lettuce to launch new franchise. Chicago-based Lettuce Entertain You Enterprises is getting into the "quick casual" Mexican restaurant business in a franchise deal being announced Monday. .... [more] 24 Jun, 2002
Krispy Kreme Plans New Franchise. Ron Gauthier, the Krispy Kreme franchisee for Hillsborough and Pinellas counties, said he expects the store will open in November at the entrance of the Main Street Shopping Center on North Dale Mabry Highway. .... [more] 22 Jun, 2002
One Writer's Grim Look At Franchising's World. Franchises are a big deal in this country. Would you believe that one out of 16 workers is employed at one, or that franchising accounts for $1 trillion in retail spending? .... [more] 22 Jun, 2002
Street losing taste for McDonald's. After six quarterly declines, McDonald's Corp. expects second-quarter profit to rise, but the upbeat forecast has done little to whet many analysts' appetite for the stock. .... 20 Jun, 2002
Starbucks scraps 'offensive' advert. The US-based coffee chain Starbucks has withdrawn an advertising poster that had been accused of mimicking the 11 September attacks. .... [more] 19 Jun, 2002
Jack in the Box Expects Profit to Beat Estimates. Jack in the Box Inc. said profit in the fiscal third and fourth quarters will exceed expectations as the fast-food chain converts five company sites to franchised units and spends less on food and packaging. .... 19 Jun, 2002
Franchisee Says Parent Caused Her Money Woes. A former McDonald's franchisee blames the chain for her financial woes. .... [more] 19 Jun, 2002
The Pros and Cons of a Franchise. Q: I am thinking of opening a small business and wondering whether to go independent or buy a franchise. Can you give some of the pros and cons of each approach? .... [more] 18 Jun, 2002
Taco Bell to Offer Fancier Menu Items. Taco Bell Corp., in an ongoing effort to shed its image as a place for little more than low-priced food, is rolling out a chicken bowl later this week and a steak bowl next month. .... 18 Jun, 2002
McDonald's Expects Profit to Increase. McDonald's Corp., the world's largest restaurant chain, said second-quarter profit will rise after six quarterly declines as European sales rose and the euro gained against the dollar. .... 18 Jun, 2002
Marriott Sells Two Hotels to CNL Unit. Marriott International Inc., the largest U.S. hotel company, sold a hotel in New Jersey and one in California to CNL Hospitality Corp. for about $143 million. .... 18 Jun, 2002
Top Hospitals With Fast Food. A University of Michigan Health System and Ann Arbor VA Medical Center Survey found that six of the nation's 16 top hospitals have fast food franchises on their premises. The 16 hospitals were listed in U.S. News & World Report's 2001 ranking of "America's Best Hospitals." .... 13 Jun, 2002
Firms merge to offer franchises advice, marketing. Harvey and Laurie Smith have merged their locally based financing-consulting business with Steve Ruttenberg's National Franchise Consultants firm. .... [more] 8 Jun, 2002

Corporate refugees embrace franchises. After the software company Mark Pintar worked for in Grand Rapids, Mich., closed its office there in late 2000, Pintar decided to return to his hometown of Milwaukee and seek a franchising opportunity. .... [more] 8 Jun, 2002
Finding franchise success. Fifteen months ago, Felicia Kumar was a Best Western hotel owner in Nashville, Tenn., but was looking for a different business with better hours. .... [more] 8 Jun, 2002
Maui Wowi plots smoothie growth curve. No man is an island, but Littleton-based Maui Wowi Fresh Hawaiian blends is trying to attract corporate castaways whose idea of paradise is working for themselves. .... [more] 8 Jun, 2002
Dr. Smoothie Serves Up A Fitting Career Change. Can a highly educated professional find success behind the counter of a health-shake franchise? Find out how a former anesthesiologist blended his passion for healthy living with his desire for an independent livelihood. .... [more] 5 Jun, 2002
7-Eleven takes trade magazine's top honors two years running.
Convenience store chain 7-Eleven Inc., won top honors for a second consecutive year in this year's Category Captains independent study from New York-based Convenience Store News, an industry publication. .... [more] 6 Jun, 2002
Gymboree plays up rise in sales. Childrens' apparel and accessories manufacturer The Gymboree Corp. in Burlingame reported a 5 percent gain in net sales, to $161 million, for the fiscal quarter ended June 1. .... [more] 6 Jun, 2002
McDonald's to pay $10M to Hindu, vegetarian groups in settlement. McDonald's Corp. will donate $10 million to Hindu, vegetarian and other groups as part of a settlement of litigation over the mislabeling of the company's French fries and hash browns as "vegetarian." .... [more] 4 Jun, 2002
Franchisees left to guess at potential revenue of Torrefazione. Will franchisees warm up to the ultra-luxe coffee cafe experience that is Torrefazione Italia? The 21-store, Seattle-based chain's parent company, AFC Enterprises in Atlanta, is about to find out. .... [more] 3 Jun, 2002
Big Town Hero back in big-time franchise mode. In 1993, Jim Jeter's franchising operation stopped looking for franchisees. The chain, Big Town Hero sandwich shops, didn't issue another franchise until 1998. .... [more] 3 Jun, 2002
Krispy Kreme to Webcast annual meeting. Winston-Salem-based Krispy Kreme Doughnuts Inc. will hold its annual meeting of shareholders on June 5 at 9 a.m. at the Adams Mark Hotel in Winston-Salem. The meeting will be Webcast live on its website. .... [more] 3 Jun, 2002
Burger King Offers Reward For Fast-Food Bandit. After more than a dozen restaurant robberies over the last five months, one fast-food chain is fighting back. .... 3 Jun, 2002
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