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 UNITED STATES FRANCHISE NEWS ARCHIVE
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: : December 2005
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Schlotzsky's creditors want Wooley brothers claims thrown
out. Alleging financial malfeasance at the hands of the company's
founders, Schlotzsky's Inc.'s unsecured creditors are asking bankruptcy
judge Leif Clark to throw out John and Jeff Wooley's secured debt
claims to $3.5 million in loans. .... [more]
30 Dec, 2005
Build-A-Bear Plans $24M Distribution Center. Central
Ohio will become a hub for teddy bears and other stuffed animals when
Build-A-Bear Workshop opens a 350,000-sf distribution center there.
.... [more]
30 Dec, 2005
Firms revamp restaurant franchise deal. Restaurant franchise
companies Franchise Capital Corp. and Creative Eateries Corp. have
agreed to rescind an Oct. 4 purchase agreement and have reached a
new funding arrangement. .... [more]
30 Dec, 2005
Hilton to buy UK, European Hilton hotels. Hilton Hotels
Corp. on Thursday said it would buy its British namesake's hotel operations
for 3.3 billion pounds ($5.7 billion), propelling it into the ranks
of rivals with global operations. .... [more]
29 Dec, 2005
Quiznos, Re/Max make Entrepreneur's rankings. Quiznos
and Re/Max International have been ranked among the top franchises
in the United States, according to Entrepreneur magazine's 27th Annual
Franchise 500 survey. .... [more]
29 Dec, 2005
Texas Roadhouse, Inc. Announces Closing of Franchise Acquisitions.
Texas Roadhouse, Inc. today announced that the Company closed on the
acquisition of 11 franchise restaurants. .... [more]
29 Dec, 2005
Longtime worker buys up Missoula McDonald's franchises.
Kyong Kapalczynski got her start at a McDonald's here at the very
bottom - making biscuits in the kitchen and doing just about every
chore that needed to be done. .... [more]
27 Dec, 2005
Krispy Kreme Franchisees Close Stores. Krispy Kreme
Doughnuts Inc. said Tuesday that one of its franchisees operating
in the New England market will wind down its operations, in the latest
part of the troubled doughnut retailer's restructuring. .... [more]
27 Dec, 2005
It's lunchtime and Jared from Subway is on the phone.
Television viewers are used to seeing Subway restaurant pitchman Jared
Fogel in their living rooms. Now the world's largest sandwich chain
wants to put him on the phone. .... [more]
26 Dec, 2005
Buffalo wings chain set to land. Buffalo Wings &
Rings restaurant will land in Nashville next year or in early 2007.
.... [more]
26 Dec, 2005
Pizzeria makes major move. Johnny Brusco's is spreading
its New York style pizza throughout the Memphis area as the franchisor
makes its first major move outside the Atlanta market. .... [more]
25 Dec, 2005
Eatery owners look to take on P.F. Chang's. A group
of Nashville-area investors are determined to propel their Asian restaurant
concept into the same arena as national chain P.F. Chang's China Bistro
and, eventually, to go public. .... [more]
25 Dec, 2005
Krispy Kreme turnaround ace seeks future beyond cult status.
Stephen Cooper believes the North Carolina purveyor of "Hot Now"
treats counted on little more than its cult-like popularity to drive
its success as it quickly expanded beyond its regional roots. ....
[more]
24 Dec, 2005
Marble Slab scoops up milestone. Marble Slab Creamery
Inc. announced that it has reached the 500-store milestone - a feat
it took 22 years to accomplish. .... [more]
22 Dec, 2005
7-Eleven names new COO. Two more long-time executives
have retired from convenience store chain 7-Eleven Inc. .... [more]
21 Dec, 2005
Franchise Pros and Cons: Efficiencies and Support. Among
the benefits touted by franchisers about their business model are
advertising and buying efficiencies and continuing support. But every
story has two sides. .... [more]
20 Dec, 2005
Samurai Sam's gives confusing logo the chop. Samurai
Sam's Teriyaki Grill, the Japanese-themed restaurant franchise, has
unveiled a new logo, restaurant design and menu. .... [more]
20 Dec, 2005
Franchising becomes family affair. None of the three
Pietsch siblings was planning to enter the restaurant business in
Hawaii, much less buy a franchise for fish tacos. .... [more]
19 Dec, 2005
Former Mail Boxes Etc. chairman Dooling joins iSold It board.
Michael Dooling, managing director of Jacaranda Partners and former
chairman of Mail Boxes Etc., has joined the board of directors of
iSold It, a worldwide chain of eBay drop-off stores. .... [more]
19 Dec, 2005
Beef O'Brady's market push. Beef O'Brady's Family Pubs
has a simple concept of offering good food and a friendly atmosphere.
It's not rocket science, yet two NASA engineers are bringing the concept
to the Memphis area. .... [more]
19 Dec, 2005
Value Place building as many as five new South Carolina locations.
Construction is scheduled to start Monday on Value Place LLC's expansion
into South Carolina. .... [more]
19 Dec, 2005
INTEREST - Starbucks rolls out licensed store. The new
Starbucks coffeehouse opening in downtown Denver's 1700 Broadway building
next week exemplifies the company's recent explosion of licensed stores.
.... [more]
19 Dec, 2005
Franchise deal gone cold: Schultz sues Ben & Jerry's.
The relationship between Phyllis Schultz and Ben & Jerry's Homemade
Inc. has hit a rocky road. .... [more]
18 Dec, 2005
Real estate heavyweight moving in. A national residential
real estate firm will open its first Greater Cincinnati franchise
this week, becoming the first large firm to enter the market since
Huff Realty expanded north of the Ohio River in 1996. .... [more]
18 Dec, 2005
Fast-growing Quiznos stokes anger among franchisees.
Lawsuits have been filed across the country by Quiznos franchisees,
who claim they must pay more than 11 percent of their sales in royalties
and marketing fees to Quiznos. .... [more]
18 Dec, 2005
Local Women Buck Odds, Open Franchises. Tracye Bush
and Gina-Lynn Scharoun are among the small percentage of women who
open franchises as a way to get into business..... [more]
18 Dec, 2005
UPS Store franchisees contend shipping giant undercuts them.
With barely a week to Christmas, the UPS Store in Lilburn, Ga., is
packed with packages and customers. Michael Rodriguez, the owner of
the store, a franchise, is grateful for the traffic, because, at least
for the moment, it masks what he sees as an underlying problem with
the business. .... [more]
18 Dec, 2005
Little Caesars Founder Looks to His Kids. Mike Ilitch
and his family have turned Little Caesars into a national pizza chain.
Now 76, Ilitch says he is counting on his children to keep the businesses
in the family and build on his success. .... [more]
18 Dec, 2005
Real estate franchiser announces growth expectations.
Keller Williams Realty Inc. today announced a restructuring in its
executive team, and plans to grow its agent pool about 46 percent
in 2006. .... [more]
16 Dec, 2005
Benefits of a Franchise Versus a Solo Operation. Would-be
franchisees should ask these questions about a system's advantages
and drawbacks. .... [more]
15 Dec, 2005
ACE Cash Express Opens 1500th Store. ACE Cash Express,
Inc., a leading retailer of financial services, has opened its 1500th
retail location. .... [more]
15 Dec, 2005
Quiznos sandwich chain for sale. Sandwich chain Quiznos
is on the auction block and could sell for as much as $2 billion,
according to published reports. .... [more]
15 Dec, 2005
Some Blockbuster stores will charge late fees. Blockbuster
Inc. said Thursday that about 160 of its franchised stores no longer
offer the "No Late Fees" program. .... [more]
15 Dec, 2005
Franchisers Protect Valuable Brands Through Higher Company Ownership.
Companies that spend heavily on advertising to build their brand's
reputation own a higher percentage of franchise outlets for that brand
as a way to protect its reputation, say researchers. .... [more]
14 Dec, 2005
Krispy Kreme restatement will be bigger than previously reported.
Krispy Kreme Doughnuts Inc. will have to reduce its pre-tax income
for the past several years by at least $10 million more than it had
earlier said. .... [more]
13 Dec, 2005
Orbit Drop Franchisees Entering into Real Estate Sales.
Orbit Drop Inc. announces their franchisees break into eBay real estate
sales. .... [more]
13 Dec, 2005
Dunkin' Donuts parent sells for $2.4B. A consortium
of private equity firms Monday said they reached a deal to buy fast-food
franchiser Dunkin' Brands from French beverage company Pernod Ricard
for $2.43 billion in cash. .... [more]
12 Dec, 2005
Hoover gets America's 2nd Chocolate Graphics. A career
in global shipping led entrepreneur Scott Dunbar from Nashville back
to his native Alabama as owner of Chocolate Graphics in Hoover, which
makes custom-embossed chocolates. .... [more]
12 Dec, 2005
Burger King Franchisee Leaders Resign. Top leaders of
Burger King Corp.‘s U.S. franchisee association have resigned,
weeks after the company‘s management refused to deal with them,
alleging they represented "knee-jerk opposition" to brand-building
efforts. .... [more]
11 Dec, 2005
Crackers branching out with plans to franchise. The
couple behind a popular brunch spot in Mesa are preparing to branch
out with a mix of company and franchised locations. .... [more]
9 Dec, 2005
Burger King plans new $1 value menu. Burger King Corp.
plans to introduce a limited “value menu” featuring items
costing $1, to stimulate traffic and better compete with its fast-food
rivals. .... [more]
9 Dec, 2005
Papa Johns links Rezko to pizza parlors in lawsuit.
Papa John’s International Inc. sued a group of pizza restaurant
operators charging, among other things, that they infringed the company’s
trademarks. .... [more]
8 Dec, 2005
2 Groups Expected to Bid for Dunkin' Donuts. Two groups
of private-equity firms plan to submit bids Thursday to buy Dunkin'
Donuts, the nation's biggest coffee-and-doughnut chain, from the French
company that acquired it as part of a bigger deal last summer. ....
[more]
8 Dec, 2005
Cuts Fitness For Women Launches Franchise Showroom In New Jersey.
Cuts Fitness, one of the world's fastest growing fitness franchises,
has announced the launch of its first Cuts Women fitness franchise
showroom in Westfield, New Jersey. .... [more]
8 Dec, 2005
Is the Franchise Industry Promoting Diversity? While
minorities currently make up only a small percentage of franchisees,
many believe this underserved population represents the future of
franchising - and for good reason. .... [more]
7 Dec, 2005
McDonald's franchisees split over spin-off plan: survey.
McDonald’s Corp. franchisees are split over whether the burger
chain should spin off its company-operated stores, according to a
study published today by New York-based equity research firm Buckingham
Research Group. .... [more]
6 Dec, 2005
Franchise Business Review Launches Industry-Wide Study.
Franchise Business Review announced today the launch of an industry-wide
study of franchise owners to measure the overall satisfaction levels
of franchisees across the country. .... [more]
6 Dec, 2005
Gourmet coffee chain opens first Wisconsin store. Beaner's
Gourmet Coffee, a gourmet coffee store chain based in Michigan, opened
its first Wisconsin location Monday in Kenosha. .... [more]
6 Dec, 2005
Put Your Handyman Skills to Work in a Franchise. One
of the most popular franchise concepts of the past 10 years has been
in the area of home-maintenance franchises. .... [more]
5 Dec, 2005
Sport Clips opens 300th store. Sport Clips Inc., a sports-themed
hair franchise for men and boys, opened its 300th store in Belton,
Mo. .... [more]
5 Dec, 2005
Americans Let Contractors Do Decorating. Short on time,
leery of ladders and lacking expertise for sometimes-elaborate lighting
displays, homeowners are opening their wallets and hiring others do
the work. .... [more]
4 Dec, 2005
McD's, Ackman lobby for franchisee backing. The struggle
between McDonald's Corp. and William Ackman is turning into a battle
for the hearts and minds of McDonald's franchisees. .... [more]
3 Dec, 2005
O'Charley's shakes up leadership. O'Charley's Inc. is
revamping its management team in a series of moves highlighted by
the resignation of Steven Hislop, president of its flagship chain
of restaurants. .... [more]
1 Dec, 2005
Tim Hortons files for $600 mln IPO. Wendy's International
Inc. on Thursday filed for a $600 million initial public offering
of its Tim Hortons coffee shop chain and said it could not back its
2005 earnings forecast due to several one-time items. .... [more]
1 Dec, 2005
Wingstop planning several new locations in Birmingham area.
Texas-based chicken wing franchise Wingstop Restaurants Inc. has been
busy lately, to say the least. .... [more]
1 Dec, 2005
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