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UNITED STATES FRANCHISE NEWS ARCHIVE |
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: : December 2004
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Hungry Howie's aims for 200 more outlets. It took
almost two decades for Hungry Howie's to open its first 200 pizzerias,
but it won't take that long to open the next 200. .... [more]
31 Dec, 2004
Wyndham Selling 25 Hotels for $366 Million. Wyndham
International Inc. said Friday it has agreed to sell 25 hotels for
$366 million to a partnership made up of a private investment fund
managed by Goldman Sachs and affiliates of Highgate Holdings. ....
[more]
31 Dec, 2004
State orders Madison business to stop selling franchises.
The State Department of Financial Institutions has ordered Madison
company Lemon Stop Associates Inc. to stop trying to sell franchises
in Wisconsin. .... [more]
30 Dec, 2004
Toys "R" Us says it will pay bonuses to executives
who stay with firm. Toys "R" Us has told its top
executives it will pay them bonuses if they remain with the company
through a coming restructuring. .... [more]
29 Dec, 2004
A formula for franchising. If the current management
team of Carstar has its way, company founder Lirel Holt will someday
be regarded as the Ray Kroc of the auto body shop business. .... [more]
29 Dec, 2004
Blockbuster to make hostile bid for Hollywood Entertainment.
Blockbuster Inc. said Tuesday it will launch a hostile bid for Hollywood
Entertainment Corp. next month if the rival's directors won't negotiate
a deal. .... [more]
28 Dec, 2004
Ikea builds on furnishings success. Perhaps it would
have been seasonally appropriate if every Ikea store had hung one
iconic ornament on its relatively sparse number of Christmas trees:
a Swedish meatball. .... [more]
28 Dec, 2004
Lucille Roberts Health Clubs Rolls Out New Fitness Express Franchise
Nationwide. Lucille Roberts today announced the launch of
a new national franchise model aptly named Lucille Roberts Fitness
Express. .... [more]
27 Dec, 2004
Naked truth: Qdoba sues Moe's in burrito flap. Qdoba
Restaurant Corp. has sued Moe's Southwest Grill LLC over the word
"naked." .... [more]
27 Dec, 2004
Aaron Rents, Inc. Acquires Nine Franchise Stores. Aaron
Rents, Inc. has announced the acquisition of nine Aaron's Sales &
Lease Ownership franchised stores located in the state of Michigan.
.... [more]
23 Dec, 2004
Groundbreaking Court Decision Has National Implications Against
Franchisor Snap-on Tools. In a groundbreaking legal opinion,
New Jersey Superior Court Judge Mathias E. Rodriguez has determined
that the wives of Snap-on Tools dealers have an independent legal
right to sue the franchisor in court before a jury. .... [more]
22 Dec, 2004
QuikDrop Opens Its First eBay 'Drop Off' Store in Michigan.
QuikDrop of Michigan announced today it will open the first QuikDrop
eBay "drop off" store in Michigan on December 28, 2004.
.... [more]
22 Dec, 2004
Landlord sues Famous Daves, franchisee. The landlord
of a Famous Dave's restaurant in Middletown, Ohio, is suing the company
and a franchisee, seeking $1.6 million in damages related to defaults
under a lease. .... [more]
21 Dec, 2004
'Franchising is Small Business at Its Best' - According to Entrepreneur
Magazine's 26th Annual Franchise 500. For the 26th year Entrepreneur
magazine is pleased to announce the top franchise opportunities. ....
[more]
20 Dec, 2004
Krispy Kreme closes Minnesota production facility. Two
years after Krispy Kreme brought its doughnut-deliria to Minnesota,
the chain's top regional management is closing its New Brighton production
facility. .... [more]
20 Dec, 2004
Gold's Gym makes major push in Sacramento area. Gold's
Gym is flexing its muscles this year in Natomas and Roseville; one
in Lincoln is set to open in February; and others are being considered
in a downtown Sacramento high-rise and in Rocklin, Elk Grove and El
Dorado Hills. .... [more]
20 Dec, 2004
Famous Dave's to expand in New York. R n' B New York,
a franchisee for Famous Dave's of America Inc., will open eight New
York Famous Dave's restaurants in Poughkeepsie and north. .... [more]
20 Dec, 2004
Will vino add some sparkle to coffee bar profits? Barnie's
and PJs, two coffee shop chains striving to add new customers and
new revenue centers, are adding wine to juice up their beverage lineups.
.... [more]
19 Dec, 2004
InterContinental to Sell 13 Hotels. InterContinental
Hotels Group Plc said on Friday it was selling 13 hotels to Hospitality
Properties Trust for $450 million, as part of its strategy to sell
hotels it owns and focus on franchising and managing instead. ....
[more]
17 Dec, 2004
Buying in. Franchising world no longer means just fast
food, gas stations and car dealerships. .... [more]
17 Dec, 2004
Pizza Inn fights back. Just three days after 410-unit
Pizza Inn fired President and CEO Ronald Parker on Dec. 11, the company
has named him as a defendant in an amended lawsuit against its former
law firm, Akin Gump. .... [more]
16 Dec, 2004
Krispy Kreme says firm probe found no misconduct. Krispy
Kreme Doughnuts Inc. said on Thursday a law firm found no intentional
misconduct by the doughnut shop chain regarding an accounting error
in a franchise acquisition, sending its stock up as much as 18 percent.
.... [more]
16 Dec, 2004
Blockbuster to nix late fees in bid to compete. Blockbuster
Inc. is eliminating late fees early next year as it tries to combat
the threat from retailers, on-line rental services and video-on-demand.
.... [more]
15 Dec, 2004
Figaro's Pizza alters business model to add delivery.
Stop in at most local Figaro's Pizza restaurants and you likely will
notice signs touting the company's new delivery service. .... [more]
15 Dec, 2004
Krispy Kreme misses SEC report deadline. The fog obscuring
the financial condition of Krispy Kreme Doughnuts thickened after
the company failed to meet the deadline for filing its quarterly report,
the Securities and Exchange Commission said Monday. .... [more]
14 Dec, 2004
Legal document prep company to pay $286K in settlement.
We The People, a Santa Barbara company, will pay a $286,000 civil
penalty to settle charges it violated a federal law by failing to
disclose lawsuits against it to prospective franchisees. .... [more]
13 Dec, 2004
Moto launches new franchise concept. Earlier this month,
Trotwood-based Moto Franchise Corp. opened a prototype store called
Portrait Avenue inside the Miami Valley Centre Mall in Piqua. ....
[more]
13 Dec, 2004
The Athlete's Foot files for Chapter 11. The Athlete's
Foot Stores LLC has filed for Chapter 11 liquidation with the U.S.
Bankruptcy Court for the Southern District Court of New York. ....
[more]
10 Dec, 2004
Cendant Hotel Group Completes Acquisition of Ramada International.
The sale of Ramada International Hotels & Resorts by Marriott
International Inc. to Cendant Corporation's Hotel Group has been completed,
the companies announced today. .... [more]
10 Dec, 2004
Six DQ Grill & Chill's expected by 2006. Frauenshuh
Hospitality Group opened a DQ Grill & Chill restaurant in Hopkins
Friday, the fifth of 11 the franchisee plans to open by the end of
2006. .... [more]
10 Dec, 2004
Domino's Pizza celebrates 44th B-day with nationwide party.
Domino's Pizza is celebrating its 44th birthday with its second-annual
Pizza with a Purpose charity pizza party. .... [more]
9 Dec, 2004
Federal jury rules in favor of Shell franchisees, awards $3.3
million. A federal jury on Wednesday awarded $3.3 million
in damages to eight Massachusetts Shell gas station franchisees who
sued the parent company, claiming it unfairly raised wholesale gas
prices. .... [more]
8 Dec, 2004
Oberweis branches out with first franchises. Oberweis
Dairy scooped up three franchisees Monday - the first moves in the
ice cream company's plan to expand nationally. .... [more]
8 Dec, 2004
Seasonal Franchises Will Deck Your Halls. Christmas
decorating franchisees face a hectic holiday installing decorations
for thousands of residential and commercial customers. .... [more]
7 Dec, 2004
Burger King franchisees settle sex harassment suit.
The owners of a Burger King franchise in suburban St. Louis will pay
$400,000 to seven teenage employees and meet other conditions to settle
a sexual harassment lawsuit. .... [more]
7 Dec, 2004
Sona looks to franchising for growth. Jim Amos built
Mail Boxes Etc. into a $1.5 billion business by following a franchise
model and he's now taking that same approach to the fast-growing medical
spa marketplace. .... [more]
6 Dec, 2004
Diedrich Coffee Plans to Sell International Operations of Gloria
Jean's Brand. Diedrich Coffee, Inc. today announced that it
has signed a definitive agreement for the sale of its Gloria Jean's
international franchise operations for $16 million in cash. .... [more]
6 Dec, 2004
Franchise opened with promise, closes with disappointment.
The future seemed bright for two St. Petersburg entrepreneurs who
tapped into a franchise-financing program designed to assist blacks
in establishing businesses. .... [more]
6 Dec, 2004
Growth Partner. After 18 years of working at Siemens,
Tom Zaneski decided he wanted to do something on his own. After researching
several companies, he decided to open a Business Partner franchise.
.... [more]
6 Dec, 2004
Applebee's cooks up new course for China. Applebee's
International Inc. hopes they'll be eatin' good in the "zhu jai
qu" - that's Mandarin for neighborhood - soon. .... [more]
5 Dec, 2004
Maryland Mobil station owners say they are squeezed by parent.
The free market for some owners of Maryland's Mobil service stations
is not all that free, they say. .... [more]
3 Dec, 2004
hief executive resigns at nutritional-supplements chain GNC.
GNC Corp., formerly known as General Nutrition Centers, Thursday said
chief executive and president Louis Mancini resigned "to pursue
personal interests." .... [more]
2 Dec, 2004
Panera Bread's chief operating officer resigns. Paul
Twohig has resigned as chief operating officer and executive vice
president of Panera Bread Co., the company said Thursday. .... [more]
2 Dec, 2004
Former N.Y. Mayor Rudy Giuliani to Headline Franchise Convention.
Former N.Y. Mayor Rudy Giuliani will be the keynote speaker March
7 at the International Franchise Association's annual convention in
Hollywood, Fla. .... [more]
1 Dec, 2004
Peanut butter sandwich shop to spread nationwide. The
closet-sized store in the Dinkydome is one of two P.B. Locos in the
Twin Cities and will soon be franchising its name and product nationwide.
.... [more]
1 Dec, 2004
Blockbuster might raise offer for Hollywood. The already
peculiar battle for Hollywood Entertainment took another odd turn
Wednesday as Blockbuster said it might increase its $700 million tentative
offer, but only as long as it retains the option to make a hostile
run at the No. 2 video chain. .... [more]
1 Dec, 2004
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