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 UNITED STATES FRANCHISE NEWS ARCHIVE
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: : Jul 2002
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Smith, Domino's franchise owner, honored. Scott Smith,
owner of Domino's Pizza stores in Pahrump and Mesquite, was honored
with the Domino's Pizza Gold Franny Award for operational excellence
during the company's recent regional awards ceremony in Las Vegas.
.... [more]
31 Jul, 2002
Large Chains Devour Small Restaurateurs. After more
than 20 years in the restaurant business, chef David Schy pursued
the dream of many an entrepreneurial American: He opened his own restaurant.
.... [more]
31 Jul, 2002
Hilton Posts Earnings Drop, Matching Estimates. Hospitality:
The hotel chain lowers its outlook for the rest of the year. Its results
are better than those of its major rivals. .... 31 Jul, 2002
Crackdown on Asian 'hostess bars' across eight US states.
FBI agents have broken up an Asian prostitution and money-laundering
ring spanning several states in the United States, according to press
reports here. .... 30 Jul, 2002
Coldwell Banker real estate awards franchise rights in Egypt.
The Coldwell Banker and the Coldwell Banker Commercial brand names
have debuted in Egypt with the close of a master franchise agreement.
.... [more]
28 Jul, 2002
Diageo on liquids only diet after $2.3bn Burger King sale. Diageo
sealed its transformation into a focused drinks group yesterday, with
the $2.26bn (£1.4bn) sale of Burger King to a consortium of US venture
capitalists led by Texas Pacific. .... [more]
26 Jul, 2002
Diageo agrees Burger King sale. Drinks group Diageo
has confirmed it will sell its Burger King chain of fast-food outlets
to a US consortium. .... [more]
25 Jul, 2002
Blockbuster Reports 2nd-Quarter Profit. Blockbuster
Inc., the world's biggest video-store chain, posted a second-quarter
profit as DVD and game sales rose and the company said expenses declined
because of an accounting change. .... 25 Jul, 2002
McDonald's Shows Profit, but Sales Dip. McDonald's Corp.
reported its first quarterly profit increase in more than a year,
as lower costs and new restaurant openings helped offset weak sales.
.... 25 Jul, 2002
Morton's ShareholdersTurn Down Icahn. The bitter battle
over Morton's Restaurant Group Inc. ended when shareholders accepted
Castle Harlan Inc.'s offer to acquire the company, snubbing an offer
from billionaire financier Carl Icahn. .... 24 Jul, 2002
Cendant may receive $54m windfall. Cendant, the US franchising
and marketing group, on Tuesday said it could receive up to a $54m
windfall from the settlement of a shareholder derivative lawsuit filed
againstseveral former officers of the company. .... 23 Jul, 2002
RadioShack to Settle Managers' Overtime Lawsuit. RadioShack
Corp. said Tuesday that it would pay $29.9 million to settle the unpaid
overtime claims of 1,300 managers in California in one of the largest
such agreements in the short history of the state's white-collar wage
litigation wave. .... 17 Jul, 2002
Ten Things Your Exterminator Won't Tell You. "Your bugs
will come back - but we might not." .... 16 Jul, 2002
Father, son open metal franchise here. A new kind of
supermarket has opened in Louisville, but patrons won't have to watch
their ice cream melt in the express lane waiting for the guy in front
of them to check out. .... [more]
12 Jul, 2002
Marriott's Earnings Flat in Quarter. Marriott International
Inc. said second-quarter earnings were little changed as tax benefits
from a synthetic-fuel business helped the hotel company weather a
slump in travel. .... 12 Jul, 2002
Fremont to put limits on drive-through eateries. Dramatically
reversing course on the regulation of fast-food franchises, the Fremont
City Council has decided to place restrictions on new drive-through
restaurants, saying more controls are needed - particularly in residential
neighborhoods. .... 11 Jul, 2002
Cendant Seeks to Query SEC Chief Accountant. Cendant
Corp. wants to question Securities and Exchange Commission Chief Accountant
Robert Herdman to get information that supports the company's lawsuit
against his former employer, Ernst & Young. .... 8 Jul, 2002
Flipping Burgers. Most every top leveraged-buyout artist
suddenly is hungry for Burger King, the perennially neglected chain
now up for sale. Maybe it is finally time for this brand to sizzle.
.... [more]
8 Jul, 2002
Children's fitness franchise opening in Louisville. It's
a major departure to go from a career in financial planning to one
running a children's fitness center, but it's a welcome change for
Bill Berndt. .... [more]
5 Jul, 2002
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