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 UNITED STATES FRANCHISE NEWS ARCHIVE
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: : October 2004
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A lesson left by Col. Sanders still needs to be heeded.
Bill Galt, a Kentucky Fried Chicken franchisee in the 1960s, says
he was inspired to start his own restaurant chain by Col. Harland
Sanders. .... [more]
31/10/04
Cousins Subs to sell 32 stores to franchisees. Menomonee
Falls-based Cousins Subs announced it will sell 32 of its 40 corporate-owned
stores in the Milwaukee area to franchisees, a move the company said
will allow it to adopt a more traditional franchise growth model.
.... [more]
28/10/04
Blockbuster earnings look like a horror show. Blockbuster,
hurt by a hefty charge and higher expenses, said Wednesday it swung
to a third-quarter loss and gave a bleak outlook for the entire movie-rental
industry. .... [more]
27/10/04
Success of healthy fast-food triggers series of franchises.
Blendz awarded its first franchise to a couple who will open
a Los Gatos outlet in the next few months and hopes to expand further
into California, as well as into Nevada and Arizona in 2005. ....
[more]
25/10/04
Car rental firm goes Chapter 11. South Florida Transport,
a Thrifty Car Rental franchisee in Lauderdale Lakes, filed for Chapter
11 protection Oct. 19 and is blaming its franchiser for its woes.
.... [more]
25/10/04
Franchise deals will spread Freddy's Frozen Custard concept
to three states. Wichita-based Freddy's Frozen Custard &
Steakburgers has signed several deals to franchise up to 99 restaurants
in Kansas and three other states. .... [more]
25/10/04
He may be young, but Domino's franchisee delivers pizza empire.
When Jason Shifflett was 14 years old he got his first job working
at a Domino's Pizza store in Olive Branch. But what started as a part-time
job has evolved into a pizza pie empire for the young entrepreneur.
.... [more]
25/10/04
Panera franchisee to add 8 cafés. Panera Bread
franchisee Howley Bread Group Ltd., which now operates 12 bakery-cafés
in Rhode Island, eastern Connecticut and southern Massachusetts, has
signed on for another eight cafés within its existing territory.
.... [more]
25/10/04
New Owners Rename Shakey’s, Revamp Franchise. Shakey’s
Pizza has been purchased for $4.5 million by its struggling Singapore-based
parent Inno-Pacific Holdings, by multiunit franchisee The Jacmar Cos.
.... [more]
25/10/04
Kids' gyms take big step into other countries. Melissa
Woods is somersaulting her way across international borders. By the
end of this year, two foreign franchises of J.W. Tumbles will open,
one in Mexico and one in Singapore, with more to follow in Asia. ....
[more]
22/10/04
Sizzler Launches Franchising Drive. Sizzler, operator
of more than 300 mid-scale casual dining restaurants worldwide, has
named Brad Ritter Communications, LLC its public relations firm of
record as it launches a new franchise sales initiative. .... [more]
22/10/04
Bar-B-Cutie signs franchise deal in Arizona for 19 locations.
Nashville-based Bar-B-Cutie Franchise Systems has signed a development
agreement with Franchise Services Inc. to open a minimum of 19 Bar-B-Cutie
restaurants in Arizona over the next 10 years. .... [more]
21/10/04
GNC franchisees file lawsuit. A group of New Jersey
franchisees has filed a lawsuit in federal court against GNC Franchising
Inc., a subsidiary of General Nutrition Companies Inc., over what
they called "predatory pricing" practices. .... [more]
20/10/04
Liberty Tax Service Welcomes 1000th Franchisee. Liberty
Tax Service marks another milestone this week as the company officially
welcomes it 1000th Liberty franchise entity. .... [more]
20/10/04
McDonald's profit up 42 pct, lays out Europe plan. McDonald's
Corp. on Tuesday posted a 42 percent rise in quarterly net income
on the strength of its U.S. turnaround, but the company said sales
in Europe are weak and laid out plans to revitalize that market. ....
[more]
19/10/04
Yum Brands names Deno to replace Lewis as COO. Yum Brands
Inc. on Monday named Chief Financial Officer David Deno as chief operating
officer, replacing Aylwin Lewis, who resigned to become chief executive
of Kmart Holding Corp. .... [more]
18/10/04
Netflix, Blockbuster in all-out DVD rental price war.
Blockbuster plans to cut online service price in response to Netflix
move. .... [more]
17/10/04
Jiffy Lube close to deal settling consumer lawsuits.
An Oklahoma judge is poised to approve a settlement of class-action
lawsuits by drivers who say they were cheated when Jiffy Lube International
Inc. added surcharges to their oil-change bills over the past five
years. .... [more]
15/10/04
Applebee's offers franchisees credit to open restaurants.
Applebee's International Inc. and Capital Growth Advisors LLC announced
a new program Thursday that will allow Applebee's franchisees to access
a $250 million line of financing to open new stores. .... [more]
14/10/04
A Growing After-50 Trend: Becoming a Franchisee. After
40 years in corporate America, Sally Haulman decided it was time to
become her own boss. The question was, Boss of what? .... [more]
14/10/04
McDonald's 3rd-quarter earnings rise. McDonald's said
Wednesday that it expects to earn 61 cents a share in the third quarter,
a 42% increase, helped by a lower tax rate and increased sales worldwide.
.... [more]
13/10/04
6 Burger Kings in Central Ohio close shop. Customers
of Burger King, which urges diners to "Have it your way,"
won't be having it any way at all locally, at least not for the time
being. .... [more]
12/10/04
Future is bright for franchises, if financed right.
It can take a few thousand dollars, a few hundred thousand or even
a cool million. It can involve leasing buildings constructed to exact
specifications, following a designated employee-training plan and
buying pre-approved equipment. Welcome to franchising. .... [more]
11/10/04
Retail giant Toys "R" Us determined to have a good
holiday season. Toys "R" Us Inc. is determined to
not let Wal-Mart Stores Inc. spoil its holiday season. .... [more]
10/10/04
IHOP files suit against owner of area eateries. A well-known
breakfast eatery is suing one of its franchise holders for trademark
infringement. .... [more]
9/10/04
Securities Commission investigating Krispy Kreme. The
Securities and Exchange Commission has escalated its investigation
of Krispy Kreme Doughnuts to a formal inquiry, the company said Friday.
.... [more]
8/10/04
Service Franchises Are Going Global. Global expansion
tempts franchised service-providers. But some U.S. business concepts
don't translate easily overseas. .... [more]
7/10/04
Quiznos helping battered franchisees. Denver-based Quiznos
Sub is lending a hand to its franchisees in the hurricane-battered
regions of Florida and Alabama. .... [more]
7/10/04
Viacom calls Blockbuster share exchange a success. Media
conglomerate Viacom on Wednesday said an offer to trade its shares
for those of Blockbuster was a success, moving it closer to splitting
off the video-rental chain. .... [more]
6/10/04
Firehouse Subs sells Dallas franchise rights. Jacksonville-based
Firehouse Subs has sold the franchise rights to the Dallas-Fort Worth
area, a deal that should result in the opening of 100 restaurants
in the next seven years. .... [more]
6/10/04
Aaron's Breaks Ground for 1,000th Store Site. Aaron
Rents, Inc. today announced it will break ground tomorrow on its 1,000th
store location in Swainsboro, GA. .... [more]
6/10/04
Krispy Kreme to close Ohio plant, blames low-carb diets.
Krispy Kreme Doughnuts, which has blamed the nation's obsession with
low-carb dieting for its financial woes, is closing a northeast Ohio
doughnut plant. .... [more]
5/10/04
Computer Troubleshooters USA Celebrates 200th Franchise at the
TechXNY. Computer Troubleshooters USA will celebrate the launch
of its 200th franchise at the TechXNY trade show in New York, which
begins October 5. .... [more]
5/10/04
Memphis Applebee's franchisee closes 12 restaurants.
A Memphis franchisee of Applebee's International Inc. has closed its
12 restaurants, an Applebee's spokeswoman said Tuesday. .... [more]
5/10/04
Wireless Toyz Celebrates Its 100th Cellular Superstore.
Wireless Toyz reached a major milestone with the signing of its 100th
Cellular Superstore. .... [more]
5/10/04
Krispy Kreme hires 2 for investigative panel. Krispy
Kreme Doughnuts said Monday it has hired two independent directors
to lead a special committee to investigate matters raised by the Securities
and Exchange Commission. .... [more]
4/10/04
Cosmo to franchise death care business. To become a
household name in the country, Cosmopolitan Funeral Homes Inc. (CFHI)
has decided to venture into franchising. .... [more]
2/10/04
Franchisee to sell 226 Burger King restaurants. Working
through a Chapter 11 bankruptcy filing, San Ramon-based The Sydran
Group and its affiliates said Friday that they have agreed to sell
their 226 Burger King restaurants. .... [more]
1/10/04
Krispy Kreme franchisee says casino locations still bring in
dough. When Krispy Kreme Doughnuts Inc. located a handful
of manufacturing stores in Las Vegas casinos, many customers thought
they'd be winners even if their luck was bad. .... [more]
1/10/04
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