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 UNITED STATES FRANCHISE NEWS ARCHIVE
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: : May 2001
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Blockbuster, DirecTV Unveil Movie Plan. Video retailer
Blockbuster Inc. and satellite television provider DirecTV on Thursday
unveiled a new movie plan for DirecTV viewers, continuing Blockbuster's
expansion into new markets using its widely known brand name. ....
31 May, 2001
Starbucks May Store Sales Up 3 Percent. Starbucks
Corp., the No. 1 specialty coffee retailer, said on Thursday that
comparable store sales were up 3 percent in May from a year earlier.
.... 31 May, 2001
Russia Takes the Lead in Space Age Advertising.
If you haven't seen it yet, the heart-tugging commercial will be popping
up on your television soon. Look for visiting Russian cosmonauts to
float through a spacecraft hatch with a Radio Shack shopping bag,
delivering a Father's Day gift to International Space Station commander
Yuri Usachev. .... 31 May, 2001
Hungry? Go2 a Nearby Blimpie - Wirelessly.
Go2 Systems, Inc. has inked a deal with submarine sandwich franchise
Blimpie International, Inc. to enable wireless location-based marketing.
.... 30 May, 2001
RadioShack Dips After Warning. Shares of RadioShack
Corp. and competitor Best Buy Co. Inc. tumbled on Wednesday, the day
after RadioShack issued a second-quarter profit warning and cast doubt
about consumers' willingness to spend on electronics in the slowing
U.S. economy. .... 30 May, 2001
Waffle House Denies Charges. A Waffle House
franchise is seeking damages against four black customers who filed
a $275 million discrimination lawsuit against the company and one
of its restaurants. .... 30 May, 2001
RadioShack Warns of Slow Sales. Consumer electronics
retailer RadioShack Corp. on Tuesday said its sales were tracking
below expectations and its second quarter earnings would fall short
of lowered Wall Street forecasts and year-ago results. .... 29 May, 2001
Cendant Files to Spin Off New Company. Franchising
giant Cendant Corp., whose brands include Century 21 real estate services
and Days Inn hotels, said on Tuesday it filed with regulators to spin
off by fall a previously announced new company. .... 29 May, 2001
McDonald's Expanding Tests of Cashless Payments.
In its ongoing quest to cut service times for fast food, world's largest
restaurant operator McDonald's Corp. on Monday said it is expanding
a range of electronic payment systems that let customers buy burgers
without the hassle of digging out bills or credit cards. .... 28 May, 2001
McDonald's Tries Electronic Payment. McDonald's
wants to make fast food even faster. The Oak Brook, Ill.-based restaurant
chain is monitoring closely a marketing test that lets its patrons
use a tiny, gray plastic wand to pay for meals, instead of cash. ....
27 May, 2001
New burger franchise joining Dayton area. Bachar
El Zein wants Dayton to open its mouth and loosen its belt come September.
His Centerville-based Restaurant Development Co. is now a Fuddruckers
franchisee, a national restaurant chain known for quarter-pound, one-third-pound
and gargantuan one-pound burgers. El Zein's plan is to open four Fuddruckers
in Greater Dayton over the next four years and seven total in his
franchise region over the next five years. .... [more]
25 May, 2001
Lawyer Rejects McDonald's Apology. An apology
by McDonald's Corp. for any confusion about the beef flavoring in
its U.S. french fries won't affect three lawsuits, the lawyer who
filed the cases says. .... 25 May, 2001
Friendly Recalls Ice Cream for Unlisted Egg Whites.
Friendly Ice Cream Corp. said on Friday it is voluntarily recalling
half-gallon Candy Shoppe Sundae ice cream packages that contain egg
whites not listed as ingredients, which could cause serious allergic
reactions in some people. .... 25 May, 2001
RESEARCH ALERT-Salomon ups Tricon to outperform. No.
2 U.S. restaurant operator Tricon Global Restaurants Inc.'s rating
was raised on Friday to outperform from neutral by Salomon Smith Barney,
which cited improving trends at the company's Taco Bell chain. ....
25 May, 2001
McDonald's Tries to Diffuse Meaty Fries Row. Global
fast food giant McDonald's Corp. continued its efforts on Thursday
to defuse a dispute over the use of beef extract in its french fries
that has angered vegetarians around the world and exposed it to legal
action. .... 24 May, 2001
Tricon mid-April to mid-May same-store sales up. Tricon
Global Restaurants Inc., the world's No. 2 fast food chain, on Thursday
said sales at restaurants open at least a year rose 4 percent from
mid-April to mid-May, helped by Easter business. .... 24 May, 2001
Dollar Tree Sees Sales Better Than Before. Discount
retailer Dollar Tree Stores Inc. said on Thursday that second-quarter
same-store sales are "tracking somewhat better" than its
previous guidance of a 10 percent decline compared with the year-ago
figure. .... 24 May, 2001
Putting Whip to Fast-Food Crews. If, like most
people, your enduring lament is that there just isn't enough time
in the day, here's some good news. Fast food just got faster in Southern
California, where great minds refuse to stop dreaming. .... 23 May, 2001
How to Spot Lucrative Business Opportunities. They're
lurking in your garage, in your basement, in your kitchen and in your
children's room. .... [more]
20 May, 2001
Krispy Kreme systemwide sales up 35 pct. Doughnut
chain Krispy Kreme Doughnuts Inc. said on Wednesday that fiscal first-quarter
systemwide sales rose 35 percent, driven by an increase in company
and franchise store sales. .... 19 May, 2001
Krispy Kreme sets 2-for-1 stock split. Krispy
Kreme Doughnuts Inc. on Friday - a day after the doughnut shop chain
moved its stock from Nasdaq to the New York Stock Exchange - said
it would split its stock two shares for one. .... 19 May, 2001
Tricon's marketing chief poached to ring the all-American
Taco Bell. The man responsible for the marketing of fast food
chains Pizza Hut, KFC and Taco Bell, Tricon Restaurants's Australian
chief marketing officer Mr Greg Creed, has been poached by the huge
Taco Bell business in the US. .... [more]
17 May, 2001
Krispy Kreme earnings hot as doughnuts. Krispy
Kreme Doughnuts Inc. on Wednesday reported an earnings increase as
hot as its trademark glazed doughnuts, up nearly 89 percent in the
fiscal first quarter, and said the future looks bright for the rapidly
expanding chain. .... 16 May, 2001
Shoney's Announces New Chairman. Shoney's Inc.
said Tuesday it has elected a new chairman to replace the son of the
company's founder. .... 14 May, 2001
For Sale: Weight Loss Company. After another
poor financial quarter Monday, executives at Jenny Craig Inc. announced
they may sell the business. .... 14 May, 2001
NPC Intl. April same-store sales up 6.7 pct. NPC
International Inc., the world's largest operator of Pizza Hut franchises,
on Friday said its April same-store sales rose 6.7 percent. .... 10 May, 2001
Fast-Food Franchisees Share Secrets to Success. After
20 years in the restaurant business working for Domino's Pizza and
other giants, John Howard has purchased a Baja Fresh Mexican Grill
franchise in Greenwood Village, Colo. It is the only Baja Fresh unit
in the entire state and one of only a handful east of California,
the system's home base. .... [more]
10 May, 2001
US Franchise Systems debuts hotel locator on Microtel,
Hawthorn and Best Inns & Suites seb sites. US Franchise Systems
- parent company of the franchisors of the Microtel Inns & Suites,
Hawthorn and Best Inns & Suites hotel brands - has teamed with Sunnyvale,
Calif.-based Vicinity Corporation to integrate a hotel locator on
each of its brand Web sites at www.microtelinn.com, www.hawthorn.com
and www.bestinn.com. .... 7 May, 2001
Jiffy Lube to offer Global Technovations' oil analyzers.
Global Technovations Inc., a U.S. manufacturer of oil analyzers
for automobiles, said on Monday that auto maintenance franchiser Jiffy
Lube International Inc. would offer its technology at its Jiffy Lube
franchises nationwide. .... 7 May, 2001
Indie shoestore footloose and franchise-free. When
regular customers drive by Lea Gallardo's running store in Falls Church
these days, they often do a double take. The store's old "Fleet Feet"
signs have been replaced with ones that say "Metro Run & Walk." ....
[more]
4 May, 2001
Hindu Group Vandalizes McDonald's Shop to Protest Use
of Beef in French Fries. A Hindu fundamentalist group on Friday
vandalized a McDonald's restaurant in a Bombay suburb to protest against
the alleged use of beef flavoring in the chain's French fries in the
United States, police said. .... 4 May, 2001
Burger brothers think lean. Ted and Michael
Stram don't have a sprawling campus devoted to the science of hamburgers.
.... 3 May, 2001
Starbucks is to offer caffe laptop. Patrons
of Starbucks, the retail chain for designer coffee drinkers, will
now be able to email friends and listen to online music while they
sip their caffe lattes or frappacinos. .... [more]
1 May, 2001
McDonald's Revamps Senior Management. McDonald's
Corp., operator of the world's largest fast-food chain, on Tuesday
said it revamped its senior management structure, expanding the role
of two top-level managers and promoting other company insiders to
bolster its geographic regions. .... 1 May, 2001
Tricon Earnings Drop, But Meet Estimates. Tricon
Global Restaurants Inc., the world's No. 2 fast-food company, on Tuesday
said fiscal first-quarter income from operations fell, meeting estimates,
as the company continued to struggle with its Taco Bell Mexican food
chain. .... 1 May, 2001
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