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UNITED STATES FRANCHISE NEWS ARCHIVE |
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: : October 2005
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McDonald's to keep franchise system. McDonald's Corp.'s
top executive Monday told franchise owners the company has no plans
to undertake a major change in its corporate structure. .... [more]
31 Oct, 2005
Bandana's Bar-B-Q signs deal with franchisee. Bandana's
Bar-B-Q signed an area development agreement with a franchisee to
open three new restaurants in central Illinois, it said Monday. ....
[more]
31 Oct, 2005
Entrepreneurs give nod to eBay drop-off chain. ISold
It LLC, one of the country's leading eBay drop-off chains, is in the
midst of an aggressive growth strategy that will result in a slew
of new franchises across the Valley. .... [more]
31 Oct, 2005
Firehouse franchise continues to spread. Within the
next year, Firehouse Subs hopes open another 100 or so stores, bringing
the number to more than 300 stores. .... [more]
31 Oct, 2005
Slim and Tone fitness chain hoping to bulk up Central Texas
locations. Austin's reputation as one of the country's fittest
cities has attracted yet another fitness franchise. .... [more]
31 Oct, 2005
Subway threatens local sandwich shop over use of 'way'.
The world's largest sandwich chain is threatening to sue a father-and-son
sandwich shop, claiming the name Steakways Famous Philly Cheese Steaks
is too similar to the Subway trademark. .... [more]
28 Oct, 2005
Embattled Krispy Kreme Starts CEO Hunt. Embattled snack
maker Krispy Kreme Doughnuts Inc. launched a search Thursday for a
new chief executive officer as the once high-flying company confronts
problems ranging from declining sales to lawsuits and criminal investigations.
.... [more]
28 Oct, 2005
Franchisees take on role in Fitwize. One of the franchisees
of a children's fitness business opening at the end of November has
taken on a larger role with the California-based company. .... [more]
28 Oct, 2005
McDonald's to sell organic coffee in New England. McDonald's
Corp. will begin selling organic coffee at its New England restaurants
next month, an arrangement that could help the fast-food chain compete
for customers who avoid the Golden Arches in favor of a better cup
of joe. .... [more]
27 Oct, 2005
Krispy Kreme taps pizza veteran for top operations post.
Krispy Kreme Doughnuts Inc. tapped a veteran pizza restaurant executive
to be executive vice president of operations, effective immediately.
.... [more]
27 Oct, 2005
Krispy Kreme asks federal judge to dismiss lawsuit.
Krispy Kreme Doughnuts Inc. has asked a federal judge in Greensboro
to dismiss a lawsuit filed against it that alleges that the company
violated securities laws. .... [more]
26 Oct, 2005
Franchise rookies combine cheesesteaks and smoothies.
Philly Connection, a 135-unit chain based in Atlanta, has opened its
first co-branded unit, Tropical Smoothie Café. .... [more]
25 Oct, 2005
Local Blockbuster Franchises Bring Back the Late Fee.
At first, managers of a group of Northern Virginia Blockbuster franchises
loved the idea of dropping late fees - until, that is, customers started
complaining that the new policy had turned fellow renters into movie
hogs. .... [more]
25 Oct, 2005
McDonald's to put nutrition facts on packaging. McDonald's
Corp. customers will soon know that the Big Mac they bought contains
almost half their recommended daily fat intake just by looking at
the wrapper. .... [more]
25 Oct, 2005
Taco Del Mar plans Alaska franchises. Taco Del Mar expects
its first restaurant in Alaska to open next spring after signing a
new master franchise developer for the state. .... [more]
25 Oct, 2005
Weak franchise sales sting Snap-on. Snap-on Inc. posted
lower third-quarter earnings after Tuesday's closing bell as sales
declines in its North America franchised-dealer business offset growth
in its industrial tool segment. .... [more]
25 Oct, 2005
Small-business IT franchise expands in Bay Area. CM
IT Solutions of Austin, Texas, is planning to add 14 new franchises
in the Bay Area by the end of 2006. .... [more]
24 Oct, 2005
A Lesson About Branding From Mr. Happy Crack. How a
tiny company that fixes cracks in foundations managed to achieve national
recognition. .... [more]
24 Oct, 2005
Burger King claims lack of franchisee support. Burger
King, the nation's No. 3 fast-food chain, has accused its franchisees
of sabotaging the company's marketing initiatives, according to an
official of the National Franchise Association. .... [more]
24 Oct, 2005
Cendant to split into four companies. Travel, lodging
and real estate services company Cendant Corp. said on Monday it would
split into four pure-play companies. .... [more]
24 Oct, 2005
Franchisees Commit to Develop 46 New IHOP Restaurants.
IHOP Corp. today announced that it has secured additional Multi-Store
and Single-Store Development Agreements during the third quarter 2005
for its franchisees to build 46 new IHOP restaurants over the next
11 years. .... [more]
24 Oct, 2005
100% commission attracts real estate agents. Ken Bell
sells houses, not doughnuts, but he knows what it's like to be the
new franchise in town. .... [more]
24 Oct, 2005
Nature Stone Franchise Opens in Washington, D.C. Nature
Stone founder and owner Russ Masetta today announced the opening of
a Washington, D.C. franchise for its popular stone and epoxy flooring,
its first in a major United States metropolitan area. .... [more]
24 Oct, 2005
Offer for 7-Eleven raised to $1.2 bln. Convenience store
chain Seven-Eleven Japan Co. raised its buy-out offer for its U.S.
affiliate 7-Eleven Inc. by 15 percent to $1.2 billion and got board
support after its previous tender offer failed. .... [more]
21 Oct, 2005
Preserving the Franchise Culture. Can a franchise really
pass on a distinct company culture to its franchisees? Tijuana Flats
founder explains how he's pulled it off. .... [more]
21 Oct, 2005
Lawsuit against Curves founder resolved. Seven people
who sold franchises for Curves International and reportedly helped
Gary Heavin turn his company into one of the largest and fastest-growing
franchises in the world have settled their $20 million lawsuit against
the fitness company. .... [more]
21 Oct, 2005
Franchise Capital Corporation Amends Its Offering Circular with
the Securities and Exchange Commission. Franchise Capital
Corporation announced today that they have amended their Offering
Circular under Regulation E with the Securities and Exchange Commission.
.... [more]
21 Oct, 2005
Burger King breaks with franchisee group. Burger King
Corp. has severed relations with the leadership of its U.S. franchisee
organization, accusing it of disrupting the company's brand-building
initiatives. .... [more]
20 Oct, 2005
McDonald's profit slides to $735M. McDonald's reported
a $735 million third-quarter net profit Thursday, down 6% from a year
ago, when the fast-food chain benefited from a hefty tax gain. ....
[more]
20 Oct, 2005
MotoPhoto Debuts Digital Photo Kiosk Cafe Nationwide Using Lucidiom
APM Network. At its national Fall Business Meeting, MotoPhoto
unveiled its new digital photo kiosk cafe program using Automated
Photo Machines (APMs) from Lucidiom Inc. .... [more]
20 Oct, 2005
QuickDrop store makes $3.17M sale. A metro Denver QuickDrop
eBay drop-off store says its recent $3.17 million sale of a land parcel
sets the retail chain's record for individual sales. .... [more]
19 Oct, 2005
Domino's Pizza Appoints Mounts As CFO. Domino's Pizza
Inc. on Wednesday named L. David Mounts chief financial officer, replacing
Harry J. Silverman, who is retiring after more than 20 years with
the pizza maker. .... [more]
19 Oct, 2005
SEC filing: New lender agreement allowed Krispy Kreme franchise
bankruptcy. Krispy Kreme Doughnuts Inc. reached an agreement
on Friday with its creditors to alter terms of a loan agreement that
allowed Freedom Rings LLC to file for Chapter 11. .... [more]
18 Oct, 2005
Hair Cuttery to Expand Via Franchises. Hair Cuttery,
the Vienna-based chain of no-frills, no-appointment-necessary hair
salons, is planning a large, national expansion by franchising its
outlets in new locations, beginning with New York. .... [more]
18 Oct, 2005
McDonald's hot spots to offer Wayport-enabled Nintendo access.
Austin's Wayport Inc. has signed a deal with Nintendo Co. Ltd., giving
gamers access at nearly 6,000 McDonald's restaurants. .... [more]
18 Oct, 2005
Applebee's: A Fruitful Future. Planting at least 100
new restaurants a year, the chain's strong marketing and single-brand
focus add up to 5 STARS from S&P. .... [more]
18 Oct, 2005
Church's Chicken launches new store concept. Church's
Chicken unveiled a new prefabricated store concept in Austin that
takes about 30 fewer days to build than a traditional outlet. ....
[more]
17 Oct, 2005
Body Shop, Out of Fashion, Wins Buyers With Parties.
Body Shop Chief Executive Officer Peter Saunders is using an old-fashioned
sales technique to revive sales that had been sapped by competition
from discount retailers. .... [more]
17 Oct, 2005
Krispy Kreme deflated; Philly franchisee seeks bankruptcy.
Krispy Kreme Doughnuts said Monday a wholly owned subsidiary in the
Philadelphia area had filed for bankruptcy protection. .... [more]
17 Oct, 2005
Franchise offers new take on traditional fast-food concept.
In December, James Oberg will open the doors to the first Freddy's
Frozen Custard & Steakburgers for Texas, the debut of what he
believes could be the next exciting concept in local dining. ....
[more]
17 Oct, 2005
Ben & Jerry's returns to social issues. Ben &
Jerry's, the ice cream brand whose image and marketing was built on
social consciousness, tonight revives that tradition in its first
TV ad campaign in a decade. The ads focus on issues, not ice cream.
.... [more]
16 Oct, 2005
Fast flicks. Serving up DVDs for $1 a night, McDonald's
enters a whole new arena of competition. .... [more]
16 Oct, 2005
Opposition to doughnut shop cools. Ten days after making
its debut as the town's first national chain fast-food establishment,
the Dunkin' Donuts shop at Fredonian and Main streets appears to be
perking right along without incident. .... [more]
16 Oct, 2005
Winmark launches new franchise concept. Winmark Corp.
is rolling out a new franchise concept, Wirth Business Credit, to
provide financing to small businesses for essential equipment. ....
[more]
13 Oct, 2005
Meineke buys auto paint-repair franchise. Meineke Holding
Co. has acquired Aero-Colours Inc., a Minneapolis automotive paint
repair franchise that primarily serves car dealerships. .... [more]
13 Oct, 2005
Coverall Cleaning Concepts Celebrates 20 Years of Success.
Coverall Cleaning Concepts announced today the celebration of the
20th anniversary of the company's founding. .... [more]
13 Oct, 2005
FTC Freezes Internet Kiosk Businesses. It seemed like
a great idea: own fee-based, public Internet terminals located in
malls and rake in the cash. Too good, in fact, according to the Federal
Trade Commission (FTC). .... [more]
12 Oct, 2005
Krispy Kreme stock at all-time low. Shares of Krispy
Kreme Doughnuts Inc. fell to an all-time low on high trading volume
on Wednesday, but the struggling chain said it did not know what prompted
the sell-off. .... [more]
12 Oct, 2005
Cendant Completes Previously Announced Wyndham Acquisition.
Cendant Corporation today announced it has completed the acquisition
of the management and franchise business of the Dallas-based Wyndham
hotel chain for $101 million in cash. .... [more]
12 Oct, 2005
Build-A-Bear Workshop offers loan to U.K. franchisee.
Build-A-Bear Workshop Inc. formed a loan agreement with a franchisee
for more than $4 million to help it open additional locations. ....
[more]
12 Oct, 2005
Taco Bueno expands in Kansas, Nebraska. Taco Bueno has
inked a franchise deal with an Oklahoma company to open 11 Taco Bueno
restaurants in Central Kansas and Central Nebraska. .... [more]
12 Oct, 2005
Analyst: Value in a McDonald's spinoff. McDonald's Corp.
shares got back on an upward path Tuesday after a UBS Investment Research
analyst backed suggestions that the fast-food giant spin off a chunk
of its restaurants to drive shareholder value. .... [more]
11 Oct, 2005
Fitness Experts Launch Exercise Franchise for Men Only.
Nitro Fitness, Core Training for Men is a new franchised exercise
club for men that offers the typical job-and-family man a 30-minute,
no-nonsense program. .... [more]
11 Oct, 2005
Just Fresh to add five S.C. restaurants. Just Fresh
Inc. will expand with five new franchises on the South Carolina coast.
.... [more]
11 Oct, 2005
Edible Arrangements Announces Signing of 250th Franchise.
Continuing its meteoric growth of signing an additional 25 new franchisees
a month, Edible Arrangements Franchise Group today announced the signing
of its 250th franchise store. .... [more]
11 Oct, 2005
New business venture changes how big events are celebrated.
In only three years, Pump It Up, a franchise based in California,
has 100 sites nationwide. It expects to double that next year - and
will build four in the Twin Cities area this year. .... [more]
10 Oct, 2005
Anchor Bar exec hot on franchising plans. The Anchor
Bar is ready to wing it in the restaurant franchising world after
receiving the green light to franchise its brand name and concept.
.... [more]
10 Oct, 2005
Marriott to take Walnut Creek's ClubSport fitness brand national.
Leisure Sports Inc. has sold its ClubSport trademark to Marriott International
Inc., which will use it to create Renaissance ClubSport, a new lifestyle
brand for the hotel company. .... [more]
10 Oct, 2005
El Chico expanding with five new restaurants, plus two Cantina
Laredos. More Mexican is on its way to Memphis. Dallas-based
Consolidated Restaurant Operations, Inc. plans to open five more El
Chicos, as well as two of its Mexican fine-dining Cantina Laredo restaurants.
.... [more]
9 Oct, 2005
Radiance Medspa franchise opens in Sugar Land. Dr.
Asra Oberoi has opened the first Houston-area franchise location of
Radiance Medspa in Sugar Land. .... [more]
7 Oct, 2005
Taco Bell owners run for the islands. Taco Bell franchise
owners converged on Honolulu Friday for a five-day conference at the
Hawaii Convention Center. .... [more]
7 Oct, 2005
Krispy Kreme to 'vigorously defend' itself from franchisee.
Krispy Kreme Doughnuts will "vigorously defend" itself against
a lawsuit filed by its largest franchisee that says company executives
misappropriated marketing money and billed for phony charges, the
company said Thursday. .... [more]
6 Oct, 2005
SUBWAY Franchisees to Donate 5 Percent of Their Oct. 23 U.S.
Sales to the American Red Cross. The SUBWAY restaurant chain
announced today that on October 23, 2005 its franchisees will donate
5 percent of sales from all of their 18,000-plus U.S. restaurants
to the American Red Cross. .... [more]
6 Oct, 2005
New Orleans restaurants back to business. New Orleans'
famed restaurants, faced with a city-wide curfew, undrinkable water,
and few if any waiters and waitresses, are struggling to get back
to business. .... [more]
6 Oct, 2005
Lenny's Sub Shop to open 14 Middle Tennessee locations.
Lenny's Sub Shop has signed a deal with a holding company to develop
14 locations in the Middle Tennessee area. .... [more]
5 Oct, 2005
Let's Dish to franchise in St. Louis. Let's Dish has
signed a franchise agreement for seven stores to be developed in St.
Louis within the next three and a half years. .... [more]
5 Oct, 2005
Franchise Times Releases Top 200 Ranking of Franchises by Worldwide
Sales. Sales were up, as were unit numbers, and international
expansion alone jumped 12 percent after four straight years of flat
numbers for the companies that made the Franchise Times Top 200 list,
published in the national magazine's October issue. .... [more]
4 Oct, 2005
Red-Faced At Red Robin. The resignations of two top
execs cloud the fast-growing chain's future. .... [more]
4 Oct, 2005
Anchor Bar franchise concept approved. A plan by the
famous Anchor Bar to franchise its operations is about to take wing.
The state Department of Law has accepted the Anchor Bar's franchise
offering. .... [more]
3 Oct, 2005
eBay Sales Surpass $10 Million at QuikDrop eBay Drop-Off Stores.
QuikDrop International announced today that total eBay sales have
surpassed $10 million at its eBay drop-off retail stores since it
first opened for business in February 2003. .... [more]
3 Oct, 2005
Cousins plots expansion with help from ESPN's Patrick.
Cousins Submarines Inc. has hired ESPN sportscaster Dan Patrick as
a celebrity spokesman for its 2005-2006 advertising campaign to help
the Menomonee Falls-based company expand its franchises in several
Midwest and Southwest markets. .... [more]
3 Oct, 2005
Bar-B-Cutie owners cook up new look to convey chain's flavor.
The owners of Bar-B-Cutie want it to be recognizable and distinct
and reflect the food it sells, so they cooked up a building prototype
for the restaurant. .... [more]
2 Oct, 2005
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