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 AUSTRALIA
FRANCHISE NEWS ARCHIVE
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: : Jan-Jun 2002
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Junk food meeting to discuss ban on TV ads. Food
manufacturers and doctors will meet in Canberra tomorrow to debate
rules on advertising to children, with the doctors calling for a ban
on junk food ads during afternoon television programs. .... [more]
20 Jun, 2002
Harvey to fire global expansion. Retail magnate Gerry
Harvey hopes to dwarf the success of his Harvey Norman Holdings empire
by heading offshore for its next phase of growth. .... 8 Jun, 2002
US doughnut giant bites locally. American doughnut giant
Krispy Kreme has chosen Australia as the place to open the doors of
its first franchise outside of North America. .... 6 Jun, 2002
Hungry Jack's sells outlets into a property trust.
Jack Cowin's Hungry Jack's fast food chain is the latest corporate
to shed its property assets from its balance sheet, raising $48 million
in the process. .... [more]
6 Jun, 2002
Bi-Lo sale ruled out. Coles Myer moved quickly yesterday
to hose down speculation that its discount store Bi-Lo is up for sale.
.... 4 Jun, 2002
Pick 'n' Pay eyes Bi-Lo. South African retailer Pick
'n' Pay, which now owns the Franklins chain, said it would consider
buying discount store Bi-Lo if it was for sale. .... 3 Jun, 2002
Macca's rise in profit, sales. McDonald's Australia
has opened 2002 with "extremely strong" profit and sales after a second
consecutive earnings fall last year. .... 3 Jun, 2002
Harvey Norman coaches a winner. Rebel Sport has shaped
up under the tough coaching of new parent Harvey Norman. .... 28 May, 2002
Click goes Price Attack. South African-owned retail
group New Clicks Australia is set for an aggressive period of growth
after acquiring specialty retail store-hair salon franchise Price
Attack. .... 27 May, 2002
Float one option among many, says New Clicks. New Clicks
Holdings, owner of the House and Priceline chains, said yesterday
it was considering listing on the Australian Stock Exchange to expand
its local business. .... [more]
24 May, 2002
New Clicks expands further into Australia. Cosmetics,
homewares and music chain New Clicks Holdings announced its third
Australian acquisition in four years yesterday when it said it would
pay R89m for the 94-store franchise chain Price Attack. .... [more]
23 May, 2002
Restaurant chain dares to go where others failed. Where
Sizzler, Lone Star and Hanrahan's were unable to maintain a foothold,
La Porchetta is stepping up its operations. .... 20 May, 2002
South Africans have another crack. After a 20-year lockout,
South Africa's largest retailer - Pick 'n' Pay - is back. .... [more]
20 May, 2002
For once, Gerry Harvey's at a loss. Retail king Gerry
Harvey is at a loss to explain the recent decline in the company's
share price, saying his furniture and electrical stores are running
as expected. .... 16 May, 2002
Coffee and tea lovers have a new place to indulge. Lanabel
Johansen readily admits that in selecting Melbourne for the Australian
launch of an international coffee chain she couldn't have picked a
city with a tougher crowd. .... [more]
13 May, 2002
Brambles starting to get pallets right in US. Brambles'
long slog to right the troubles with its most important business -
the CHEP pallet hire franchise in the US - appears to be paying dividends,
with analysts suggesting the worst is behind it. .... [more]
6 May, 2002
New brew bucks the trend. As US giant Starbucks continues
to relentlessly sell the frappuccino around the world, a more low
profile competitor has opened its doors in Australia. .... 3 May, 2002
INTEREST - Big Mac reveals $A too lean.
The Big Mac can confirm what Australians holidaying in the United
States have known for years - the Aussie dollar doesn't have enough
beef. .... [more]
29 Apr, 2002
Jack not so hungry for Burger King. Australian
businessman Jack Cowin has dropped plans to take over 55 Burger King-branded
outlets in Australia. .... [more]
25 Apr, 2002
Buoyant Harvey Norman sales strengthen case for rates
hike. Gerry Harvey's Harvey Norman has added to the recent
run of strong retail performances with a 9.3 per cent rise in the
March quarter sales, fuelling speculation of an imminent rise in interest
rates. .... [more]
18 Apr, 2002
Eagle Boys seeks bigger pizza slice. Queensland-based
Eagle Boys Pizza hopes to snare a larger slice of Australia's $700
million pizza market when it rolls out its "instant pizza" concept
nationally in June. .... 17 Apr, 2002
Retailers can't wait for winter. While mainland
Australian basks in the warm autumn weather, retailers are keeping
their fingers crossed for a cold snap. .... [more]
16 Apr, 2002
Hungry Jack in talks to buy Burger King. Jack
Cowin, owner of most of the Hungry Jack's chain of hamburger outlets,
is negotiating to purchase the Australian Burger King chain of restaurants.
.... [more]
11 Apr, 2002
McDonald's Australia Beef Trial Plan May Roil Mkt-Analyst.
A plan by McDonald's Corp. of the U.S. to trial the blending of Australian
beef could lead to a market squeeze on the product in the U.S. and
lift prices, an Australian industry analyst said Thursday. .... 11 Apr, 2002
Late win for Traveland staff. Former staff of
failed travel agency Traveland will receive employee entitlements
after the company's liquidator obtained access to outstanding funds
yesterday. .... 10 Apr, 2002
Currencies hurt Macca's. McDonald's has warned
profits are being hurt by weak currencies and its first-quarter earnings
will be slightly below Wall Street's expectations despite encouraging
signs from its European and US restaurants. .... [more]
24 Mar, 2002
WH Smith plans expansion. Britain's leading newspaper
and book retailer, WH Smith, said yesterday it would open 12 pilot
stores in Australia over the next two years as a step toward a wider
expansion. .... [more]
20 Mar, 2002
Global expansion the key for Harvey. Retail king
Gerry Harvey is targeting annual growth of 15 to 20 per cent over
the next three or four years, with expansion of its stores on a global
basis. .... [more]
18 Mar, 2002
Harvey Norman joins the rush. The surging retail
sector helped Gerry Harvey's Harvey Norman deliver an 18.8 per cent
rise in net profit to $67.92 million in the December half, adding
to strong recent performances from most of the big retailers. ....
[more]
16 Mar, 2002
Australian Burger King cautious on virtual ordering.
Burger King Australia says it doesn't have the supply complexity to
warrant introducing the new system, having only about 60 stores nationwide.
.... 13 Mar, 2002
Harvey Norman trading regains vigour. Harvey
Norman's sales growth returned to something more closely resembling
the robust rates of old after a strong second quarter left the company
well on the way out of last year's downturn in the retail industry
without having taken any serious damage. .... [more]
17 Jan, 2002
Australia's Heartlink says Travelworld franchises cash-flow
positive. Heartlink Ltd today said its Travelworld franchises
have achieved positive cash flow, with further revenue expected in
the next few months through its recently-purchased Traveland franchise.
.... 2 Jan, 2002
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