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UNITED STATES FRANCHISE NEWS ARCHIVE
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: : Nov 2001
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Restaurateur beefs up plans for franchise. Former
Outback executive plans up to 12 locations of Beef 'O' Brady's in
area. .... [more]
30 Nov, 2001 The Second Cup Directors Unanimously Recommend Rejection Of
Cara Offer And Adopt Shareholder Rights Plan. .... 29 Nov, 2001
Blockbuster Cancels Annual Awards Show. Video-rental
giant Blockbuster Inc. has canceled its annual awards show because
it was uncertain how many viewers would watch in the post-Sept. 11
climate. .... 21 Nov, 2001 Foot Locker third-quarter profits rise. Foot Locker
Inc. on Wednesday posted a strong rise in third-quarter profits, despite
the generally dismal U.S. retail climate, as it focuses on its core
athletic shoe and apparel businesses after finally shedding a slew
of unrelated operations. .... 21 Nov, 2001 AmeriKing says plans debt restructuring talks. AmeriKing
Inc., the largest independent franchisee of Burger King restaurants,
said on Wednesday that it plans to discuss restructuring its debt
with creditors in the coming months. .... 21 Nov, 2001 US franchise loan defaults soar in 2001-Fitch. Defaults
on loans to U.S. franchise operators of fast food chains and gasoline
stations soared this year, due to a slumping economy and aggressive
lending practices, bond rating service Fitch Investors said on Monday.
.... 18 Nov, 2001 Starbucks Revises Forecast for 2001. Starbucks Corp.
reported profit growth for its fiscal fourth quarter that met Wall
Street estimates, but the company lowered its annual sales and profit
forecasts because of the slowing economy. .... 16 Nov, 2001 Krispy Kreme Finally Coming Here. It's news that prompts
Homer Simpson impersonations all across the Twin Cities, but particularly
in the northwest suburbs: ground was broken Thursday for the first
Krispy Kreme franchise in the Twin Cities. .... 15 Nov, 2001 AFC Enterprises 3rd-quarter earnings up. AFC Enterprises
Inc., operator of Popeyes Chicken and Cinnabon bakery chains, said
on Tuesday that fiscal third-quarter net income rose 14 percent boosted
by same-store sales gains at its chicken franchises. .... 13 Nov, 2001
Starbucks Unveils Plan to Reward Suppliers. Starbucks
Corp. unveiled a plan to pay coffee suppliers up to 10 cents more
per pound if they protect the environment and abide by local minimum-wage
and worker safety laws. .... 13 Nov, 2001 Midas Signs Agreement With Moroch for Regional Marketing Responsibilities.
Midas, Inc., has hired Moroch Partners, based in Dallas, Texas, to
handle day-to-day local and regional marketing responsibilities previously
handled internally for Midas retail operations throughout the United
States and Canada. .... 13 Nov, 2001 Noble Roman's Announces 3rd Quarter Earnings. Noble
Roman's, Inc., the Indianapolis-based Franchisor of pizza-focused
foodservice operations, today announced earnings for the third quarter
and nine-month period ended September 30, 2001. .... 12 Nov, 2001 H&R Block Is Rock Solid. Nick Calamos is a senior
portfolio manager with Calamos Investments, the advisor to the Calamos
Growth Fund CVGRX. He has helped to guide the fund to one of the...
.... 8 Nov, 2001 AutoNation to acquire Laurel Motors. AutoNation Inc.,
the largest U.S. retailer of automobiles, on Thursday said it has
agreed to acquire Laurel Motors Automotive Group, including the company's
first luxury vehicle franchises in the Chicago area. .... 8 Nov, 2001
Little Caesars Pizza Announces New Franchise Agreement.
Little Caesar Enterprises, Inc. today announced a positive new agreement
with its franchisees, which places the pizza chain at the forefront
of the industry by creating the most cooperative and open relationship
between the two parties. .... 7 Nov, 2001
California Pizza Kitchen Goes Hollywood. Setting the
stage for what will undoubtedly become one of its most popular restaurant
locations, California Pizza Kitchen will roll out the red carpet on
Friday, November 9 when it opens a flagship store at the new Hollywood
& Highland complex in Hollywood. .... 7 Nov, 2001
Peer-Group Franchisees Assist Small Businesses. Small
and mid-sized businesses can benefit by exchanging down-to-earth experience
and advice. Peer-advisory franchises organize groups and help keep
the ideas flowing. .... [more]
6 Nov, 2001 RadioShack Oct same-store sales flat. RadioShack Corp.,
the No. 3 U.S. consumer electronics retailer, on Tuesday said sales
at its stores open at least a year were flat in October compared with
a year ago because a weak economy continues to impact consumer spending.
.... 6 Nov, 2001 McDonald's not a fast fix. Analysts who converged on
a Chicago suburb last week to meet with McDonald's Corp.'s top brass
were anticipating an uneventful McMeeting free of nasty surprises
- and broadcast that expectation to their clients. .... 6 Nov, 2001 Planet Hollywood CEO Loses Ruling. A judge overseeing
the bankruptcy proceedings of Planet Hollywood International Inc.
denied a request that chief executive and chairman Robert Earl be
paid $400,000. .... 5 Nov, 2001 Rent-A-Center Settles Suit for $12M. Rent-A-Center
Inc. has agreed to pay $12.3 million to about 4,600 female employees
and some applicants who had charged in a class-action lawsuit that
the retail chain discriminated against them. .... 2 Nov, 2001 McDonald's Announces the Departure of Two Top Marketing Executives.
McDonald's Corp., the largest U.S. hamburger chain, said two
top marketing executives resigned. Officials declined to say whether
the resignations were related to a controversy surrounding the company's
promotional games. .... 2 Nov, 2001 McDonald's to Expand Diner Experiment to Other Indiana Cities.
McDonald's Corp., pleased with the early returns on its diner experiment
in central Indiana, will expand the concept to other Indiana cities
next year. .... 2 Nov, 2001
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