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UNITED STATES FRANCHISE NEWS ARCHIVE |
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: : April 2005
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Dunkin' may be sold for $14B. Forget just buying a
doughnut, the whole Dunkin' Donut chain could be for sale. .... [more]
29 Apr, 2005
Tampa family sports pubs expand in Alabama. Beef O'Brady's
Family Sports Pubs is expanding to the Birmingham, Ala., market this
summer with the first of what could be five locations. .... [more]
29 Apr, 2005
Arab Americans Sue Denny's Franchisee. Seven men of
Middle Eastern descent have sued a Denny's restaurant franchisee and
one of its managers for $28 million, saying they were kicked out because
of their ancestry and compared to Osama Bin Laden. .... [more]
28 Apr, 2005
Chick-Fil-A opening fifth free-standing store in San Antonio.
San Antonio businessman Rick Pfluke is set to open a new stand-alone
Chick-Fil-A restaurant in Northwest San Antonio, his second in the
city. .... [more]
28 Apr, 2005
Lenny's Sub Shops Announce Record Franchise Agreement.
Lenny's Sub Shops today announced a franchise agreement with a seasoned
group of former Fortune 500 retail executives that will nearly triple
the size of the regional restaurant chain. .... [more]
28 Apr, 2005
Build-A-Bear enters Norway, Q1 profit soars. Sales growth
from both new and comparable stores and improved leverage on costs
and expenses drove retailer Build-A-Bear Workshop's profit up nearly
51 percent. .... [more]
28 Apr, 2005
Outback Rethinks Its Rules. Over the past few years,
Outback Steakhouse Inc. has allowed its senior executives to make
lucrative personal investments in dozens of the company's restaurants.
.... [more]
28 Apr, 2005
Krystal signs new franchisee for Houston area. The Krystal
Co. is planning to open four new hamburger restaurants in the Houston
area as part of a plan to open 45 locations in Texas. .... [more]
26 Apr, 2005
State cracks down on unregistered franchisors. The California
Department of Corporations says it's revoked the franchise registration
of two franchise businesses operating in California. .... [more]
25 Apr, 2005
Ruth's Chris Steak House Files IPO. Ruth's Chris Steak
House Inc. plans an initial public offering of as much as $235 million
of common stock, according to a U.S. regulatory filing on Monday.
.... [more]
25 Apr, 2005
Captain D's owners prowl for more chains. Captain D's
Inc. executives are preparing themselves for a move into multibranding,
where two restaurants share the same building. .... [more]
25 Apr, 2005
PostNet moves to Denver. PostNet International has moved
its headquarters from Nevada to Denver. .... [more]
23 Apr, 2005
Police arrest woman who claimed she found finger in Wendy's
chili. Police investigating how a human finger ended up in
a woman's bowl of Wendy's chili declared the claim a hoax Friday and
arrested her on charges of attempted grand larceny. .... [more]
22 Apr, 2005
Big Apple Bagels Opens First Cousins Subs Co-branded Unit. BAB,
Inc., the Deerfield based operator and franchisor of Big Apple Bagels,
continuing in its co-branding efforts, today announced the opening
of the first Big Apple Bagels and Cousins Subs location. .... [more]
21 Apr, 2005
Gap Inc. outlines growth plans. Gap Inc. on Thursday
backed its 2005 earnings outlook and issued guidance for 2006 as the
apparel retailer outlined its growth plans, including the introduction
of a franchising model. .... [more]
21 Apr, 2005
McDonald's Profit Up; Beef, Labor Weigh on Margins.
McDonald's Corp. on Thursday reported a 42 percent rise in quarterly
profit as a one-time gain, strong sales of new products in the United
States and improved results in Europe all bolstered results. ....
[more]
21 Apr, 2005
Southern, finger-lickin' roots help KFC revamp. KFC
plans to become something that might seem contrary to its Kentucky-fried
DNA: hip. Make that hip with a decidedly Southern accent. .... [more]
20 Apr, 2005
N.C. eatery signs 30-store Los Angeles deal. Bear Rock
Franchise Systems Inc., the franchisor of Bear Rock Cafe, has inked
a 30-unit area development franchise deal for Los Angeles and a five-unit
commitment in Ventura County. .... [more]
19 Apr, 2005
Krispy Kreme Shares Dip on Missed Deadlines. Shares
of Krispy Kreme Doughnuts Inc. fell sharply Tuesday, one day after
the struggling doughnut chain said it will miss key deadlines for
regulatory filings and show mounting losses when it does file the
reports. .... [more]
19 Apr, 2005
CiCi's Pizza Celebrates 20th Anniversary. CiCi's Pizza
will be hosting a weeklong, system-wide celebration in honor of its
20th anniversary. .... [more]
19 Apr, 2005
FTC's Proposed Changes In Franchise Rules Elicit Chain Reactions.
In 1978, when the Federal Trade Commission issued its first disclosure
rule governing franchise operations, the Internet was not a factor
in business. .... [more]
19 Apr, 2005
My Girl Friday sells first franchise. My Girl Friday
Inc. sold the rights to its first franchise and said it has more deals
pending. .... [more]
18 Apr, 2005
Icahn's talking nonsense, Blockbuster says. Blockbuster
on Monday rejected criticism by financier Carl Icahn and defended
its strategy of investing in initiatives like online movie renting
to fend off rivals such as Netflix. .... [more]
18 Apr, 2005
What a lot of Whataburgers. Does the Birmingham metro
area have room for up to 30 new fast-food burger joints? A group of
Texas investors certainly thinks so with plans to open 25 to 30 Whataburger
restaurants in the area over the next decade. .... [more]
17 Apr, 2005
'Bubba,' military help Deli Express grow. Deli Express
is turning to the military in its march toward increased sales. ....
[more]
17 Apr, 2005
Franchising planned to help Shed spread. The Shed, recognized
as one of the nation's best barbecue restaurants, announced plans
Thursday to start selling franchises across the country. .... [more]
15 Apr, 2005
McDonald's to Test Espresso Drinks This Summer. McDonald's
Corp. will start testing espresso drinks at some of its U.S. hamburger
restaurants this summer, the head of its North American business said
on Friday. .... [more]
15 Apr, 2005
Two Men and a Lot of Trucks. The moving company with
the stick-figure logo was launched almost by accident. Today its franchises
operate in 27 states. .... [more]
14 Apr, 2005
SLO deli franchise weathers backlash. When the Schlotzsky's
Deli chain filed for bankruptcy protection last summer, local franchisee
Gail Perry did not expect it to affect her business much. She was
wrong. .... [more]
14 Apr, 2005
Golden Arches are glowing: McDonald's boosts outlook.
McDonald's said Wednesday that it expects to report a first-quarter
profit above Wall Street estimates. .... [more]
13 Apr, 2005
Panera inks franchise agreement in Southern California.
Panera Bread Co. plans to open 18 bakery-cafes in Southern California
under a franchise deal announced Wednesday. .... [more]
13 Apr, 2005
Regis Cuts Third-Quarter Guidance. Regis Corp. lowered
guidance for the third quarter on Wednesday and said its international
business is performing below expectations. .... [more]
13 Apr, 2005
Woman who found finger in Wendy's chili won't sue. A
woman who claimed she scooped up a human finger in her chili at a
Wendy's restaurant has decided not to sue. .... [more]
13 Apr, 2005
First Carvel ice cream shop opens in Cincinnati. Carvel
Corp. has opened its first franchise store in Cincinnati, part of
a planned 15-store expansion into the Tri-State area. .... [more]
12 Apr, 2005
Coverall Cleaning Concepts Celebrates Its 20th Anniversary.
Coverall Cleaning Concepts, a leader in the commercial cleaning industry,
announced today that it is celebrating its 20th anniversary. ....
[more]
12 Apr, 2005
Zaxby's to replace Miami Subs. The last of Tallahassee's
Miami Subs Grill locations are closing this week. But they will reopen
later this year as Zaxby's. .... [more]
12 Apr, 2005
Applebee's to buy 12 restaurants for $39.5 million.
Applebee's International Inc. agreed to buy 12 of its franchisee-owned
Applebee's Neighborhood Grill & Bar restaurants for $39.5 million,
it said Tuesday. .... [more]
12 Apr, 2005
Extending the Front Lines of Franchising. These businesses
now employ 18 million doing everything from plant care to elderly
care, and appeal to financiers and average Janes alike. .... [more]
12 Apr, 2005
Happy Birthday, McDonald's! The fast-food king is turning
50, but will customers still be "lovin' it" for another
five decades? .... [more]
11 Apr, 2005
Icahn blasts Blockbuster, threatens proxy fight. Billionaire
investor Carl Icahn said Thursday that he plans to nominate his own
director slate for No. 1 video chain Blockbuster while he criticized
thecompany's management. .... [more]
7 Apr, 2005
Ex-CEOs' estates get $5M from McDonald's. McDonald's
said Wednesday it paid more than $5 million in bonuses to the estates
of former Chief Executives Jim Cantalupo and Charlie Bell. .... [more]
6 Apr, 2005
Spa Phoenix Announces Franchise Plan for Business Expansion.
Spa Phoenix, Virginia Beach, today announced that it is expanding
the Spa Phoenix concept and brand through a franchise offering. ....
[more]
6 Apr, 2005
Cendant issues view, new structure. Travel and real
estate franchise giant Cendant Corp. Wednesday evening updated its
quarterly and fiscal 2005 and 2006 earnings projections as it outlined
its new structure. .... [more]
6 Apr, 2005
Ink Cartridge Refillers Wage Messy Spat. The battle
between two of the fastest-growing ink cartridge refillers is heating
up as the firms trade charges - some of them in court - over each
other's business practices. .... [more]
5 Apr, 2005
Famous Dave's to expand to Florida, West Virginia. Famous
Dave's of America Inc. announced Tuesday it has agreed to franchise
eight new restaurants in Florida and West Virginia - both new markets
for the chain. .... [more]
5 Apr, 2005
21 Minute Convenience Fitness Awards 4-Unit Franchise in Orange
County. 21 Minute Convenience Fitness, a unique fitness studio
headquartered in Walnut Creek, Calif., today announced the awarding
of a four-unit area development franchise in Orange County, California.
.... [more]
5 Apr, 2005
Toys R Us gives five execs $6.1 million in bonuses. Toys
R Us, which is to be sold by July to a private consortium, has awarded
bonuses totaling $6.1 million to five executives for fourth-quarter
performance. .... [more]
5 Apr, 2005
Krispy Kreme gets a reprieve: $225 million debt financing.
Krispy Kreme Doughnuts (KKD) said Monday that it has received $225
million in debt financing, a lifeline for the struggling doughnut
chain operator that was at risk of defaulting on past loans. ....
[more]
4 Apr, 2005
Kokopelli franchises move into Charlotte. Kokopelli
Mexican Grill Franchise Co. has sold the rights to develop 11 of its
restaurants in the Charlotte area. .... [more]
4 Apr, 2005
Partners have high hopes for Batteries Plus franchise.
Mike Sexton and Len Grasso are energized about their new venture.
The business partners recently opened Sioux City's first franchise
for Batteries Plus. .... [more]
3 Apr, 2005
Orlando pizzeria has N.Y.P.D. blues. Pizzeria finds
that after years of arguing, its use of the New York Police Department
moniker may be arrested. .... [more]
1 Apr, 2005
Hispanic-Owned Franchise Buys 41 Burger Kings. With
the announced purchase of 41 Burger Kings on Friday, Downers Grove-based
Heartland Foods Corp. becomes the largest Hispanic- owned franchise
in the chain. .... [more]
1 Apr, 2005
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