AMERICA FRANCHISE NEWS ARCHIVE
: : Current
|McDonald’s Bonds Walloped in Argentina by Currencies Drop.
bloomberg.com - The plunge in Latin American currencies is turning Arcos Dorados Holdings Inc. (ARCO)’s strength into a liability. ... [more] 13 Jan, 2015
The Body Shop plans to set up 500 stores in Brazil by 2019.
premiumbeautynews.com - Since the acquisition, in October 2013, of 51% of Emporio Body Store by L’Oréal, Brazilian consumers had anxiously waited one year for The Body Shop to land in Brazil. ... [more] 13 Jan, 2015
Red Roof Inn Expands Internationally with First Hotel Scheduled to Open in Brazil in 2015.
businesswire.com - U.S. economy lodging leader, Red Roof Inn®, meeting high demand for its brand, is expanding, expected to open its first international destination in Brazil. ... [more] 17 Dec, 2014
Franchises operating in Peru total 362.
andina.com.pe - The number of franchises operating in Peru totals 362. 150 are Peruvian, while the remaining 212 are foreign, declared Luis Kiser, President of Front Consulting. ... [more] 16 Dec, 2014
Fuddruckers makes South American debut.
fastcasual.com - Fuddruckers announced its South American debut with the opening of its first restaurant at Isidora Goyenchea 3275 in the upscale Las Condes neighborhood in Santiago, Chile. ... [more] 11 Dec, 2014
McDonald's largest franchisee appoints CFO.
qsrweb.com - Arcos Dorados Holdings Inc., McDonald's largest global franchisee, has named José Carlos Alcantara as its new chief financial officer, effective Jan. 12. ... [more] 2 Dec, 2014
Doc Popcorn plans 100 locations in Chile, Peru.
qsrweb.com - Doc Popcorn has announced plans to add 100 new units in Chile and Peru throughout the next 15 years following a recently executed master franchise agreement with Alice Keh and her husband, Patricio Haristoy. ... [more] 21 Nov, 2014
Krispy Kreme marks entry in South America with three-story doughnut factory.
qsrweb.com - Krispy Kreme today opened its first store in Bogata, Colombia, in partnership with franchise partner IRCC Ltda., a subsidiary of VA! Group. The shop also marks the brand’s entry into South America. ... [more] 24 Oct 2014
FreshBerry expands in South America.
fastcasual.com - FreshBerry Frozen Yogurt Café announced plans to expand in South America. Kaled Mourad and his wife, Amani purchased the master franchise rights for Panama, Columbia, Peru, and Ecuador. ... [more] 19 Aug, 2014
Sbarro plans 80 Brazilian locations in next 10 years.
pizzamarketplace.com - Sbarro announced it will partner with B2Bold to open 80 eateries in Brazil throughout the next 10 years. This marks the second development agreement for Sbarro in Brazil. ... [more] 25 Jul, 2014
Starbucks opens first store in Colombia.
fastcasual.com - Starbucks Coffee Company announced today the opening of its first store in Colombia. Fifty more stores are planned to open in the market over next five years. ... [more] 17 Jul, 2014
Sbarro expands presence in Bolivia.
pizzamarketplace.com - Sbarro has announced its entry into Bolivia with a new store opening at the Ventura Mall in Santa Cruz, franchised by Sbarro Bolivia SRL. ... [more] 9 Jul, 2014
Wetzel's Announces 1st Brazil Location.
qsrmagazine.com - Wetzel’s Pretzels announced the upcoming opening of its first location in Brazil - scheduled to open toward the end of July at the Shopping Vila Velha Mall, a new shopping center in Vitória. ... [more] 1 Jul, 2014
Yum! Brands Opens First KFC in Bolivia.
businesswire.com - Yum! Brands, Inc. today announced the opening of the first KFC in Bolivia, with Franchise partner, DELOSUR. ... [more] 1 Jul, 2014
Forget soccer, Brazil’s amazing franchise sector is the real story this World Cup.
smartcompany.com.au - There is more to Brazil than soccer. For example, the largest country in South America also features a thriving franchise sector to rival that of the United States and Australia. ... [more] 24 Jun, 2014
Orkin Establishes Three International Franchises in South America.
prnewswire.com - Rollins Inc. announced today that the company, through its wholly-owned subsidiary Orkin, established three new international franchises in Sao Paulo, Brazil; Belo Horizonte, Brazil; and Asuncion, Paraguay. ... [more] 19 Jun, 2014
Orkin Establishes Franchise in Uruguay.
prnewswire.com - Rollins Inc., a leading consumer services company, announced today that the company, through its wholly-owned subsidiary Orkin, established a franchise in Montevideo, Uruguay. ... [more] 3 Apr, 2014
Dunkin' Donuts Announces Entry Into Brazil.
prnewswire.com - Licensee agreement with OLH Group calls for the development of 65 Dunkin' Donuts restaurants in Brasilia and Goias. ... [more] 20 Mar, 2014
Domino's plants flag in Paraguay.
pizzamarketplace.com - Domino's Pizza has opened its first store in Paraguay with Grupo Vierci, the master franchisee for Domino's Pizza Paraguay. ... [more] 10 Mar, 2014
Fuddruckers opening in Chile.
fastcasual.com - Houston-based Fuddruckers has finalized a new franchise agreement that will expand its Latin American footprint. ... [more] 17 Feb, 2014
Sbarro grows South American presence.
pizzamarketplace.com - Sbarro announced it will continue its international growth through a partnership with Dubai Comercio e Representacoes to open 20 units throughout the next decade in Brazil. ... [more] 20 Dec, 2013
Chanticleer Holdings Expands Hooters Franchise Agreement in Brazil.
marketwired.com - Chanticleer Holdings, Inc., a franchisee of international Hooters restaurants, today announced the expansion of its Hooters franchise agreement. ... [more] 4 Dec, 2013
Smashburger developing in El Salvador, Venezuela.
fastcasual.com - QSR International has entered into a development agreement with Corporacion Hamburgo S.A. de C.V. to develop three Smashburger restaurants in El Salvador. ... [more] 19 Nov, 2013
A Franchisee That Shows Franchisor McDonald’s a Thing or Two.
bluemaumau.org - Billing itself as McDonald's largest franchisee, Arcos Dorados Holdings, is seeing a Latin America boom that harkens back to the earliest days of franchisor McDonald's Corp in the United States. ... [more] 16 Nov, 2013
Growth Coach Franchise USA and Ecuador Team Up To Expand.
prweb.com - Ecuador’s Growth Coach Master Franchise Owner Santiago Garcia and The Growth Coach’s Chief Operations Officer Nathan Owens are working together in Ecuador for the first time to bring award-winning business... [more] 12 Nov, 2013
Jake's Wayback Burgers Expands to Argentina.
qsrmagazine.com - Jake's Wayback Burgers signed a deal with Wayback Argentina S.A. to open 30 new restaurants in Argentina, one of the world's top beef consuming countries. ... [more] 22 Oct, 2013
Denny's Opens First South America Restaurant in Chile.
globenewswire.com - Denny's, Inc., the world's largest full-service family dining chain, today announced it has entered South America with the opening of its first restaurant in Chile. ... [more] 4 Oct, 2013
Pizza Hut, KFC Brazil franchisee going private.
pizzamarketplace.com - Brazil Fast Food Corp., the second largest QSR chain in Brazil with 1,057 units, has announced its entry into a definitive merger agreement. ... [more] 30 Sep, 2013
Krispy Kreme plans South American debut.
qsrweb.com - Krispy Kreme announced today that it has signed its first development agreement in South America with Bogota-based IRCC Ltda., a subsidiary of the VA! Group. ... [more] 25 Sep, 2013
Wendy's to develop 20 restaurants in Ecuador.
qsrweb.com - The Wendy's Company today announced a long-term agreement with The Eljuri Group to develop 20 Wendy's restaurants in Ecuador. ... [more] 19 Mar, 2013
Johnny Rockets lands in Ecuador.
fastcasual.com - Arriving on schedule at the New Mariscal Sucre International Airport in Quito's Tababela parish are two Johnny Rockets restaurants, dovetailing with the official unveiling of the new airport and representing the... [more] 27 Feb, 2013
Sbarro to Open 40 New Restaurants in Peru and Colombia.
prnewswire.com - Sbarro announced today that it has inked a partnership agreement with Taco Holdings that will significantly deepen the company's presence in South America. ... [more] 21 Feb, 2013
Red Mango takes on Uruguay.
fastcasual.com - Red Mango is expanding to Uruguay, opening its first location Dec. 19 in Montevideo. The growth is part of a five-store agreement with area developer Zacoxen, S.A.... [more] 3 Dec, 2012
Largest McDonald's franchisee impacted by slow Brazilian economy.
qsrweb.com - Arcos Dorados Holdings Inc., Latin America's largest restaurant chain and the world's largest McDonald's franchisee, today reported its results for Q3 ended Sept. 30. Revenues were down 2.2% compared to last... [more] 2 Nov, 2012
Burger King Worldwide Continues Its Aggressive Global Expansion Plans.
businesswire.com - Burger King Worldwide today announced an exclusive agreement to further develop the BURGER KING brand in Colombia by more than 100 new points of sale within the next five years. ... [more] 23 Oct, 2012
Freshii is Bringing a Fresh Option to Colombian Customers.
qsrmagazine.com - Freshii, the pioneering “health-casual” food concept, is continuing rapid growth and has recently signed a major master development deal for the entire country of Colombia. ... [more] 16 Oct, 2012
Denny’s Expanding Global Franchising Presence to Chile.
businesswire.com - Denny’s Corporation today announced that it has signed an agreement with Musiet Group for the development of 10 new Denny’s restaurants in Chile over the next 15 years. ... [more] 27 Aug, 2012
Orkin Establishes First Franchise in South America.
prnewswire.com - Rollins Inc. announced today that the company, through its wholly-owned subsidiary Orkin, has established its 22nd international franchise in Santiago, Chile, the first South American franchise... [more] 6 Aug, 2012
Franchising: The Best Way of Investing in Brazil.
forbes.com - The Brazilian Association of Franchising states that the sector has been growing 10% to 13% annually for the past decade. This year, Brazil’s franchising industry is expected to grow profits 15%... [more] 27 Jul, 2012
Brazil To Be The Home Of Thirty Johnny Rockets Restaurants.
prnewswire.com - Johnny Rockets has announced a franchise agreement with restaurant entrepreneur Antonio Augusto Ribeiro de Souza to open thirty restaurants in Brazil. ... [more] 3 Jul, 2012
Yum! Restaurants International names new general manager of Brazil.
pizzamarketplace.com - Yum! Restaurants International has appointed Andréa Rolim to the position of general manager, Brazil, overseeing the operations, marketing, training and overall leadership of the... [more] 29 Jun, 2012
Carl's Jr. enters Brazil market with 100-unit deal.
qsrweb.com - CKE Restaurants Inc. announced that it has entered into a restaurant development agreement with International Meal Company (IMC), to develop 100 Carl's Jr. restaurants in Brazil throughout the next seven years. ... [more] 8 Jun, 2012
Brazil's continuing franchising boom.
bbc.co.uk - While in the past the dream of every Brazilian was to be a full-time employee in a big company in the private sector or in the public sector, nowadays the scenario seems to have changed. ... [more] 27 May, 2012
Alamo Rent A Car and National Car Rental Brands Enter Brazilian Market.
marketwire.com - Enterprise Holdings today announced that it is franchising the use of its Alamo Rent A Car and National Car Rental brands to São Paulo-based Unidas, a leading Brazilian car rental operator. ... [more] 16 Apr, 2012
Brazil Post replacing hundreds of franchise post offices.
postandparcel.info - Brazil’s Post and Telegraph Company (Correios) has said it now has more than 100 franchised post offices up and running under a new retail business model. ... [more] 6 Apr, 2012
Jan-Pro Commercial Cleaning to Top 2,000 Franchisees in Brazil by 2014.
prweb.com - Jan-Pro Franchising International, Inc., an established global leader in commercial cleaning, today released its Brazilian business projection of expanding to over 2,000 Jan-Pro franchisees in Brazil by 2014. ... [more] 13 Feb, 2012
Booster Juice jets off to Brazil.
sherwoodparknews.com - Booster Juice has grown from its start as a little smoothie shop in Sherwood Park to more than 300 locations around the globe, including the upcoming opening of two locations in Curitibia, Brazil. ... [more] 16 Jan, 2012
Quiznos Continues South American Expansion.
qsrmagazine.com - QSR International, the master franchisee for Quiznos restaurants in Latin America and the Caribbean, is pleased to announce its continued expansion into the South American region. ... [more] 27 Oct, 2011
Union says McDonald's underpays Brazil employees.
cnbc.com - Brazilian lawmakers have called for a public hearing into charges that McDonald's employees in Brazil are being underpaid. ... [more] 21 Oct, 2011
McDonald's franchisee to offer shares in offering.
yahoo.com - Arcos Dorados Holdings Inc., which went public in April, said Friday it will make a secondary offering of shares. ... [more] 7 Oct, 2011
Burger King Corp. to Establish Master Franchise in Brazil.
businesswire.com - Burger King Corp. announced that an affiliate of Vinci Partners would become the BURGER KING® brand’s master franchisee in Brazil. ... [more] 15 Jun, 2011
Quiznos is Brazil-Bound.
qsrmagazine.com - Quiznos announced a master franchise agreement has been signed to open the first Quiznos locations in Brazil as part of the company’s international development initiative. ... [more] 15 Jun, 2011
Yum! Brands looks to Argentina for expansion.
qsrweb.com - As China continues to provide a boon for Yum! Brands restaurants such as KFC and Pizza Hut, the Louisville, Ky.-based company is now looking at other international markets for expansion. ... [more] 9 Jun, 2011
McDonald's South America franchisee files for IPO.
reuters.com - Arcos Dorados Holdings Inc, a large South American franchisee of U.S. fastfood chain McDonald's Corp, is planning to raise about $875 million in a stock offering and list its shares on the NYSE. ... [more] 25 Mar, 2011
Singapore, Greece, Brazil Signed Up for Cold Stone.
qsrmagazine.com - Cold Stone Creamery kicked off 2011 with an aggressive international growth plan, signing three new partners in three new countries. ... [more] 9 Mar, 2011
Wendy's headed to Argentina.
qsrweb.com - Wendy's/Arby's International Inc. has signed an agreement with Desarrollos Gastronomicos S.A. to develop 50 Wendy's restaurants in Argentina throughout the next 10 years. ... [more] 27 Jan, 2011
Topshop to expand South American presence.
just-style.com - UK clothing retailer Topshop is to open stores in Brazil and Chile as part of its expansion into the South American retail market. ... [more] 30 Nov, 2010
Gap Inc. to Bring First Gap Store to South America.
finance.yahoo.com - Continuing its global expansion, Gap Inc. today announced a franchise agreement to introduce Gap brand in South America. The first Gap store is expected to open in Santiago, Chile. ... [more] 17 Nov, 2010
BRAZIL - Franchising is expected to grow nearly 20 percent this year.
ffog.net - Brazilian franchising sector has never been more heated, since the system began franchising in Brazil, nearly 30 years ago. In 2009, the sector grew 14.7% over 2008, totaling R $ 63.12 billion. ... [more] 4 Nov, 2010
McDonald's must pay Brazilian manager $17.5K for weight gain.
usatoday.com - A Brazilian court ruled this week that McDonald's must pay a former franchise manager $17,500 because he gained 65 pounds while working there for a dozen years. ... [more] 28 Oct, 2010
Quiznos eyes Argentina, Chile, Ecuador.
bizjournals.com - Quiznos has signed a master franchise agreement to expand into Argentina, Chile and Ecuador, as the sub-shop chain makes a major push to grow overseas. ... [more] 15 Sep, 2010
Brazilian Pizza Huts faring exceptionally well.
pizzamarketplace.com - Brazil Fast Food Corp., the country's second-largest restaurant chain with 735 points of sale, has announced financial results for the second quarter ended June 30, 2010. ... [more] 17 Aug, 2010
Starwood Expands in South America.
finance.yahoo.com - Starwood Hotels & Resorts Worldwide Inc. with its Luxury Collection brand plans to double its portfolio in South America. ... [more] 29 Jun, 2010
A Taste of Japan Will Spread to Colombia.
qsrmagazine.com - Sarku Japan, the largest and most successful Japanese quick-service restaurant chain in the U.S., continues to expand globally with a major franchise deal in South America. ... [more] 19 Jun, 2010
Pollo Tropical plans expansion.
bizjournals.com - Miami-based Pollo Tropical, a subsidiary of fast-food restaurant operator Carrols Restaurant Group, is planning to expand by franchising new locations in the Caribbean and Central and South America. ... [more] 7 Jun, 2010
KFC, Pizza Hut operator to expand in Brazil, Chile.
bizjournals.com - Yum Brands Inc. franchisee Brazil Fast Food Corp. plans to develop a total of 10 more Pizza Hut and KFC restaurants this year in South America under an agreement with the Louisville-based fast-food chain. ... [more] 8 Apr, 2010
McDonald’s Latin America Sales Rise to $3.6 Billion.
businessweek.com - McDonald’s Corp. sales rose to $3.6 billion in Latin America last year, more than the restaurant company anticipated, according to a franchisee. ... [more] 23 Mar, 2010
Peru experiences second franchise boom with more domestic brands.
andina.com.pe - According to market indicators, the country is experiencing its second franchise boom, but with greater participation of Peruvian brands that fit this model of business expansion... [more] 18 Mar, 2010
NexCen Brands Breaking In To South America.
qsrmagazine.com - NexCen Brands Inc. announced the signing of a master franchise agreement for the development of a minimum of 15 Great American Cookies franchised stores in Chile over a 10-year term. ... [more] 14 Dec, 2009
Brazil’s Habib’s plans to open 500 outlets in China. The biggest Brazilian fast food franchise, Habib’s, plans to enter the Chinese market and over the next five years open 500 outlets, said the brand’s Operations director, João Augusto Ribeiro Penna. .... [more]
23 Jun, 2009
Big Moves in Brazilian Pizza Market. Brazil Fast Food Corp., the second largest fast-food restaurant chain with 663 points of sale in Brazil, announced today that it has completed the acquisition of IRB, Pizza Hut's largest franchise in Brazil, and entered into a financing agreement with UBS Pactual. .... [more]
18 Dec, 2008
Venezuela shuts down nearly all McDonald’s. The Venezuelan government has ordered nearly all McDonald's restaurants in the country closed for 48 hours for what it calls irregularities in the fast-food chain's financial books. .... [more]
10 Oct, 2008
Brazil Fast Food Acquires Pizza Hut's Largest Franchise in Brazil. Brazil Fast Food Corp. the second largest fast-food restaurant chain with 630 points of sale, operating under the Bob’s and KFC brands in Brazil, announced today that it has acquired 60% of Internacional Restaurantes do Brasil (“IRB”), Pizza Hut’s largest franchise in Brazil. .... [more]
12 Aug, 2008
Yogen Fruz Says 'Hola!' to Argentina & Peru. Yogen Früz, frozen yogurt chain with stores around the world, is adding two notches to its global belt with newly signed development agreements for 29 stores in Argentina and 21 stores in Peru. .... [more]
5 Aug, 2008
Starbucks opens its first coffee shop in Argentina. Starbucks has opened its first coffee shop in Argentina, the company's Mexican partner said on Monday, part of an overseas expansion plan that could offset slower sales in a slumping U.S. market. .... [more]
2 Jun, 2008
Third California Pizza Kitchen Location Opens in Mexico. California Pizza Kitchen, Inc., home of the Original BBQ Chicken Pizza and other innovative hearth-baked pizzas, made-to-order pastas, creative salads, appetizers, soups, sandwiches and desserts, opened its third location in Mexico today. .... [more]
19 May, 2008
Franchising to grow 18.3% in Brazil. The revenues of franchises installed in Brazil should grow 18.3% in the fourth quarter of this year, according to forecasts by the Brazilian Franchising Association (ABF). .... [more]
13 Dec, 2007
Burger King to Open Colombia Restaurants. Fast-food chain Burger King Corp. said Thursday it agreed to let a franchisee group open Burger King restaurants in Colombia. .... [more]
13 Dec, 2007
Cartridge World plans South American expansion. Cartridge World, the Emeryville-based company that refills ink cartridges and remanufactures toner cartridges for inkjet printers, laser printers, fax machines and photocopiers, plans to expand operations in South America. .... [more]
6 Dec, 2007
Starbucks plans to expand into Argentina. Starbucks Corp. and its Mexican partner said Wednesday they have agreed to expand into Argentina and increase the number of their coffee shops in Chile. .... [more]
25 Jul, 2007
Yum's KFC brand to grow in Brazil. Yum Brands Inc.'s international unit has reached an agreement with Brazil Fast Food Corp., owner of hamburger fast-food chain Bob's, to franchise Yum's KFC brand in Brazil. .... [more]
29 Mar, 2007
Brazilian Company Buys Blockbuster Unit. Retail chain Lojas Americans will pay 182.6 million reals ($87.4 million; euro67.6 million) for Blockbuster Inc.'s Brazilian operations, the company said in a statement Wednesday. .... [more]
24 Jan, 2007
Blockbuster shuts down in Peru, piracy blamed. The last movie rental outlet under the brandname of U.S. home entertainment giant Blockbuster has closed its doors in Peru, where it is often cheaper to buy a pirated DVD, than it is to legally rent one. .... [more]
3 Jan, 2007
Automotive Arts expanding into Central and South America. Barbados largest vehicle care retail company, Automotive Art, is actively pursuing expansion into the Central and South American markets. .... [more]
21 Nov, 2006
Brazilian Franchises to Participate for The First Time at Franchise Expo in Los Angeles. Next week, Brazilian companies will be in Los Angeles for the West Coast Franchise Expo-2006, which occurs November 3-5 at the Los Angeles Convention Center. .... [more]
30 Oct, 2006
BRAZIL - Starbucks Coffee plans first two shops in Brazil by year's end. The Starbucks Coffee Co plans to open its first two shops in Brazil, Latin America's largest market, by the end of November and early December. .... [more]
6 Oct, 2006
McDonald's puts Latin America operations on sale. U.S.-based fast-food giant McDonald's Corp. has placed its operations in Brazil and throughout Latin America up for sale, according to a report Friday in local business daily Valor Economico. .... [more]
15 Sep, 2006
BRAZIL - Starbucks first Brazil store to open in November. Starbucks will open its first store in Brazil in November and also has plans to open in Central America, a senior official said on Monday. .... [more]
4 Sep, 2006
BRAZIL - Sarkis: franchising is a promising sector for Brazil
in the Arab market. The statement was made by the president
of the Arab Brazilian Chamber, Antonio Sarkis Jr., at the seminar
on internationalisation of Brazilian franchises in the Arab world,
which took place at the entity's headquarters. .... [more]
30 Jun, 2006
BRAZIL - Brazilian franchises earn US$ 15.6 billion per year.
Brazilian franchises went from yearly revenues of US$ 10.5 billion
in 2001 to US$ 15.6 billion last year. .... [more]
29 Jun, 2006
Franchises sector in Brazil grew by 13% last year. The
revenues in the Brazilian franchises sector increased by 13% last
year and reached R$ 35 billion, the equivalent to US$ 16,3 billion
in current exchange rates. .... [more]
10 Apr, 2006
BRAZIL - Giving Brazil a taste of Arabia. It speaks
volumes for Brazil's diverse blend of cultural influences that one
of its biggest home-grown fast-food chains is an Arabic food franchise
called Habib's. .... [more]
11 Dec, 2005
Franchises account for nearly 2% of the Brazilian GDP.
With an annual turnover of US$ 13.7 billion (R$ 32 billion), franchises
currently account for 1.7% of the total wealth produced in Brazil.
20 Jul, 2005
Burger King Opens First Freestanding Restaurant in Brazil. Burger
King Corporation today announced the opening of its first freestanding
Burger King restaurant in Sao Paulo, Brazil. .... [more]
19 Jul, 2005
BRAZIL - Burger King Corporation Expands Into Brazil.
Burger King Corporation announces today the opening of its first franchised
restaurant in Sao Paulo, Brazil - one of 50 planned for Sao Paulo
state in the next five years. .... [more]
23 Nov, 2004
ECUADOR - Blockbuster shuts Ecuadorean franchise. About
a month after halting expansion plans in China because of widespread
video piracy, Blockbuster Inc. has closed its franchise operation
in Ecuador, citing similar reasons. .... [more]
3 Mar, 2004
ARGENTINA - Alamo Rent a Car and National Car Rental Enter Argentina.
Alamo Rent a Car and National Car Rental have launched operations
in Argentina, parent-company ANC Rental Corporation announced today.
5 Sep, 2003
PERU - Starbucks enters South America through Peru.
Starbucks Corp. of Seattle said it has opened its first store
in South America - in Lima, Peru - through a partnership with Lasino
SA, a Peruvian restaurant operator. .... [more]
19 Aug, 2003
ARGENTINA - Argentina Shuts McDonald's, Burger King Outlets.
Argentine authorities have shut down a McDonald's outlet and a Burger
King outside Buenos Aires, saying preliminary tests on food samples
showed positive for the potentially deadly E-coli bacteria. .... [more]
4 Jul, 2003
CHILE - Starbucks warms up to Chile. Seattle-based
Starbucks Corp. on Wednesday announced it has signed a joint venture
agreement to open Starbucks cafes in the South American country of
Chile. .... [more]
14 May, 2003
ARGENTINA - On the McDefensive to counter anger over US war
on Iraq. Faced with wartime protests beneath its golden
arches, McDonalds Argentina is striking back reminding those who see
it as a symbol of US influence that virtually all the food it serves
here is made in Argentina. .... [more]
27 Mar, 2003
VENEZUELA - Venezuela Business Frets as Dollar Drought Drags On.
Venezuelan business leaders attacked the government on Thursday for
taking so long to implement currency controls, while a 45-day drought
of dollars squeezed private firms already fighting to survive after
a two-month opposition strike. .... [more]
6 Mar, 2003
MEXICO/ARGENTINA - McDonald's slows
Latin growth. McDonald's Corp. is curbing expansion of new
restaurants in Argentina and Mexico because of their weakening economies,
following through on the company's pledge to cut growth in emerging
markets. .... 29 Aug, 2001
ARGENTINA - Argentine operator of McDonald's defends health
standards. The operator of McDonald's restaurants in Argentina
on Tuesday defended the health standards of the fast-food outlets.
.... 28 Aug, 2001
ARGENTINA - Argentina Shuts McDonald's Outlets.
Argentine health authorities ordered the closure of four McDonald's
fast food outlets in downtown Buenos Aires on Monday after potentially
harmful bacteria was found in chicken burgers, officials said. ....
27 Aug, 2001
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