Brisbane Times: The iconic confectionery retailer Darrell Lea has gone under after 85 years in business. Up to 700 jobs at Darrell Lea’s franchises and company-owned stores, as well as its factory in Kogarah, NSW, are at risk. The family-owned company, famous for its Rocklea Road and soft licorice creations, has appointed insolvency firm PPB […]
Darrell Lea Franchisees At Risk, As Company Goes Under Read More »
Business Insider: Franchised businesses performed relatively well during the Great Recession and weak economy recovery that followed. According to data provided in the Franchise Business Economic Outlook: March 2012, prepared by IHS Global Insight for the International Franchise Association Educational Foundation, the number of franchised establishments declined 3.1 percent; the number of employees at franchised
Franchising In The Downturn And Recovery Read More »
Statesman Journal: Today is the last day of business for the Honeybaked Ham Company and Cafe at Salem Center. Paul White, the local Honeybaked franchisee, said the Salem Center store would close at the end of business today. Since 1995, Honeybaked Ham has been a Salem Center tenant. Honeybaked Ham will likely re-open in another
Honeybaked Ham Company And Cafe Closes Read More »
ABC Online: One of Australia’s largest bakery chains, Brumby’s, has issued a public apology after encouraging franchisees to increase their prices and then “let the carbon tax take the blame”. The suggestion was made by Brumby’s managing director Deane Priest in an internal memo sent to all franchisees. “We are doing an RRP (recommended retail
Brumby’s Apologises For Carbon Tax Memo Read More »
Canada.com: Former Dunkin’ Donuts franchisees have been awarded a total of $16.4-million in damages from the company for losses suffered because of the “Tim Hortons phenomenon,†in which the donut shop saw almost all of its Quebec stores close in less than a decade as it lost market share, according to a superior court decision
Dunkin’ Donuts Ordered To Pay $16.4M To Quebec Franchisees Read More »
The Augusta Chronicle: BullChicks on Highland Avenue will reopen this month after being closed in late May. Riaz Samji, the founder of the Texas-based chain, closed the Augusta restaurant because the franchisee was not operating up to his standards, said Ali Kassam, a representative for True Story Entertainment, the advertising agency that represents BullChicks. “The
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Edmond Sun: As one national restaurant chain, Steak ‘n Shake, leaves Edmond, another one is coming in on its heels. Raising Cane’s Chicken Fingers will replace the diner-type restaurant at 1225 E. Second St., said Toni Weinmeister from the Edmond Economic Development Authority. Weinmeister said Steak ‘n Shake closed down about two weeks ago, but
‎Raising Cane’s To Open In Former Steak ‘N Shake Spot Read More »
Sacramento Bee‎: Mesa doughnut lovers will be able to enjoy fresh, hot Krispy Kreme doughnuts and delights again soon! On Tuesday, June 19, Krispy Kreme franchisee, Hot Glazed Enchantment, will re-open the Krispy Kreme Doughnut Factory located at 6627 East Superstition Springs Blvd., bringing hot glazed doughnuts, a newly renovated store and the return of
Legendary Krispy Kreme Doughnuts Remodels, Reopens In Mesa Read More »
CNBC.com (blog): Jennifer Ketels took a big gamble three years ago, in the midst of a lingering recession. She opened a new business: U-Top It, a frozen yogurt store in Redding, Calif. Today, that business is thriving, while Ketels, a former Las Vegas ad agency owner, has sold four U-Top It franchises in Washington state
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Blue MauMau: Blue MauMau dares say what other publications won’t. Here is our annual listing of major franchise lemons to avoid investing in. It’s hard to believe but there are 23 major brands in 2012, where franchised stores actually fail worse than Quiznos. Ice cream shops have not done well. Two franchising conglomerates, Kahala Corp
Worst 25 Franchises With Highest Failure Rates, 2012 Read More »
