Reuters: * Says to expand Payless into Russia in 2010 * Says will open at least 90 stores in 5 yrs * Says will open 5 stores in 2010 * Says to open 300 stores in Russia in the long run Sept 1 (Reuters) – Collective Brands Inc (PSS.N) said on Tuesday it planned to […]
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Posted by rickm on 09/26/09 at 11:09 AM in Franchise News | Permalink | Comment (1) | Trackback URL
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PR.com: New Blenz franchisee Frank Scott has joined his partner Sunny Bhayana to operate the 24 hour Blenz Coffee location. Friends and neighbours toasted the store’s suave new store design with free signature beverages and treats at the high-traffic corner coffee shop. The celebration attracted a large crowd of people while club style top-40 music […]
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Posted by rickm on 09/26/09 at 11:09 AM in Franchise News | Permalink | Comments (0) | Trackback URL
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Wall Street Journal: PARIS — Starbucks Corp.’s top international executive said the chain plans to continue expanding its modest presence in France after striking a deal to take full control of the country’s operations. In France, “there is a tremendous opportunity because of the availability [and] quality of real estate for us to continue an […]
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Posted by rickm on 09/26/09 at 11:09 AM in Franchise News | Permalink | Comment (1) | Trackback URL
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Brisbane Times: El Salvador’s Supreme Court has upheld an order requiring fast food chain McDonald’s to pay $US24 million ($28 million) in damages to a franchise owner who says his contract was unfairly terminated. The court “confirmed what the second civil court ordered in December 2005”, a Supreme Court source said. The ruling favours former […]
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Posted by rickm on 09/25/09 at 03:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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dBusinessNews: As more and more consumers are realizing the value of refilling and recycling ink cartridges, Cartridge World franchisees are reaping the benefits. The world’s fastest growing ink and toner refilling retailer is reporting double digit increases in same-store sales for the sixth consecutive month, with domestic same store sales increasing 16.3% for Quarter Two […]
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Posted by rickm on 09/25/09 at 03:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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Tampa Bay Online: An index that tracks publicly traded companies engaged in business format franchising has recovered the losses it recorded earlier in 2009. The Rosenberg Center Franchise 50 Index had climbed 11.1 percent by the end of the second quarter 2009 with widespread gains in 40 of 50 components, some in excess of 100 […]
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Posted by rickm on 09/25/09 at 03:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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QSR Magazine: A look at how one young frozen-yogurt brand plans to make it to the top. “I’ve learned more about yogurt in the last six months than I’ve ever known in my life,” laughs James Franks, vice president of franchising for Red Mango. Franks is fresh off a franchising event in Washington, D.C., and […]
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Posted by rickm on 09/25/09 at 03:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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Business Standard: McDonald’s cuts prices of extra-value meals to graduate from just a ‘snack joint’ to a lunch & dinner destination. At a time when food prices are going through the roof, Big Mac is calling you for lunch and dinner that cost 25 per cent less than what you paid yesterday. Beginning today, the world’s […]
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Posted by rickm on 09/25/09 at 03:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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CNNMoney: Starbucks Corp. (SBUX) is planning for a drawn-out recovery in consumer spending, but believes it has right-sized its once high- growth business model with more than half a billion dollars of cost cuts. “We have shaped our plans assuming there’s a long recovery here and takes a while for the consumer to come around,” […]
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Posted by rickm on 09/25/09 at 03:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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emediawire: Nearly one year ago USA Baby, Inc. was forced into an Involuntary Bankruptcy. This past July, CCLP the primary secured creditor acquired the Intellectual Property and assets of USA Baby through a foreclosure sale. Details of the Lone Star Baby & Kids acquisition were not immediately available. Michael J. Schaul, President of Lone Star […]
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Posted by rickm on 09/25/09 at 03:09 PM in Franchise News | Permalink | Comment (1) | Trackback URL
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Pizza Marketplace: For those interested in getting into the pizza business, there may be no better time than the present. A number of pizza chains are offering discounts on franchise fees or royalty payments as a way to fuel growth and attract quality operators. In July, Marco’s Franchising LLC, which operates Marco’s Pizza restaurants, launched […]
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Posted by rickm on 09/25/09 at 03:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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Atlanta Business Chronicle: Roark Capital Group completed its $131 million deal to buy Canada-based pet food and pet supplies retailer Pet Valu. Markham, Ontario-based Pet Valu had $208.4 million in system sales across 356 franchised and corporate stores in Canada and the United States. The deal is Atlanta-based Roark’s 15th franchise investment and the second […]
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Posted by rickm on 09/25/09 at 03:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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Dallas News: The operator of the Chili’s Grill & Bar at American Airlines Center hastily closed the restaurant down late Thursday, less than two weeks before the Dallas Stars’ preseason opener. Base Holdings LLC, a company launched by entrepreneur Gilbert Aranza, shuttered the 10-month-old restaurant, removing furniture and equipment, after an ongoing dispute with Center […]
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Posted by rickm on 09/25/09 at 03:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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Sacramento Bee: Parts is parts. But who would have thought the most meager part of a chicken – the lowly wing – would become the star of a burgeoning trend that gobbles up 2.55 billion pounds a year? “It’s amazing to say we built this concept on nothing but chicken wings, but we have. That’s […]
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Posted by rickm on 09/15/09 at 05:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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QSR Magazine: Submarina California Subs today announced the promotion of Mimi Zeller to president and CEO effective immediately. Before joining Submarina as COO in 2006, Zeller began her career in franchising more than 23 years ago at Domino’s Pizza where she oversaw operational aspects including unit-level sales growth and profitability, marketing, new product development, royalty […]
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Posted by rickm on 09/15/09 at 05:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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Wall Street Journal: Restaurants trying to get more families to dine out have a new recipe: Get rid of the French toast sticks. Put more broccoli and carrots on the menu. Let the kids eat free. The industry is scrambling to counter a tendency by recession-pinched parents to leave their children at home when they […]
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Posted by rickm on 09/15/09 at 05:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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Eden Prairie News: A popular local hamburger joint has a beef with McDonald’s, one so big it’s taking on the industry Goliath for trademark infringement. Lions Tap filed a lawsuit against McDonald’s in federal court on Aug. 28, claiming the fast-food giant stole its trademarked logo, “WHO’S YOUR PATTY?” Bonnie Notermann of Shakopee, who has […]
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Posted by rickm on 09/15/09 at 05:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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Daytona Beach News-Journal Online: The 7-Eleven Inc. convenience store company is discounting its franchise fee for the first time in a new program for qualified retired military veterans. Qualified veterans who become first-time 7-Eleven franchisees will receive a 10-percent discount on the initial franchise fee for the first 7-Eleven store franchised. The discount can range […]
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Posted by rickm on 09/15/09 at 05:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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Furniture Today: COLUMBUS, Ohio — A few months later than expected, PMD Furniture Direct says it is weeks away from the rollout of its new franchising organization. PMD Furniture Direct is the franchise company that Jeff Hosking, president and CEO of home furnishings retail network PMD, or Power Marketing Direct, announced plans for in January. […]
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Posted by rickm on 09/15/09 at 05:09 PM in Franchise News | Permalink | Comment (1) | Trackback URL
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PR Newswire: Genghis Grill – The Mongolian Stir Fry is well-known for its fresh, hot and healthy food, for its style of fun service, featuring build your own bowl – an INTERACTIVE style of exhibition cooking modeled after a centuries-old legend. According to this legend, 12th century Mongol warriors, led by the mighty warrior GENGHIS […]
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Posted by rickm on 09/15/09 at 05:09 PM in Franchise News | Permalink | Comments (0) | Trackback URL
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