The Franchise Owner's most trusted news source

Log In / Register | Jul 18, 2018

Gold’s Gym Closing in Hawaii

Gold’s Gym, highly respected among serious body builders, will be closing its last location in Hawaii at the end of the month.

Blockbuster Makes Hostile Takeover Bid

Blockbuster, facing challenging times because of Netflix and other competition, has offered slightly more than $1 billion in a hostile takeover bid for Circuit City Stores, Inc.

The Real Customers of Franchise Brokers

In today’s Wall Street Journal (free), franchise brokers, referral networks and  franchise consultants are discussed, giving the basics of the way they operate, who their real clients are, conflict

CFA President Speaks at Franchise Show

In this short video clip Lorraine McLachlan, President of the Canadian Franchise Association (CFA), gives a short overview of the organization at the February 2007 CFA Franchise Show.

Mailbox Trip Start of Valpak

Terry Loebel wasn't thinking about founding an advertising phenomenon when he went to his mailbox in 1967 and inspiration struck. Valpak, the company Loebel soon started, today has 200 franchises throughout the U.S. and Canada. The advertising company sends its distinctive blue coupon-stuffed envelope to 45 million homes each month from its new $220 million St. Petersburg, Florida plant.

Fortune’s Most Admired Companies

Of the top 20 on Fortune’s most admired companies, three are either franchisors or have a segment that includes franchising. They are McDonald’s (Food Services), UPS (Delivery and Logistics) and Berkshire Hathaway (Insurance: Property and Casualty). UPS is well-known for its franchising segment, The UPS Store, and Berkshire Hathaway, run by the fabled Warren Buffett (his annual letter to shareholders is eagerly read by legions of serious investors), owns Dairy Queen, Orange Julius, Texas Country Foods (name of most DQ locations in Texas) and Karmelkorn, all franchises.

Blockbuster Continues To Compete in Difficult Environment

Blockbuster continues to search for and implement new ways to remain competitive in its rapidly changing and extremely competitive environment. Eighteen percent of its 5,000+ domestic locations are franchise owned and operated, with the rest being run by the company.

Mele Kalikimaka from Franchises in Hawaii

Christmas Decorations of Franchises in Hawaii

Mele Kalikimaka, everyone! Here are some shots of franchises in Hawaii, decorated for Christmas. All these were taken yesterday, Christmas Eve. We never have any snow to add to that Christmas feeling, but we never hear any complaints about that. It’s in the 70’s during the day now, not as hot as the 80’s during the summer.

Iraq Vet Franchisee Featured on Lou Dobbs

Little Caesars logoLou Dobbs, a hard-hitting news program, regularly runs stories on military heroes. This evening’s program (Sunday, November 25) featured Iraq veteran Robbie Doughty and the unusual way he got involved with his own Little Caesars Pizza franchise, located in Paducah, Kentucky.

By way of background, Little Caesars was founded in 1959 by Michael and Marian Ilitch, who are still active in the business. Michael is a former Marine who also owns the Detroit Tigers and the Red Wings. A talented baseball player in his younger days, he was assigned to the Marine baseball team in Hawaii during the Korean War.

The Lou Dobbs video isn’t available at this time, but here is the transcript, which I typed up directly from the program:

CNN: Help for Heroes

Christine Romans (newscaster): One American business is saying “Thanks!” to our military veterans in its own way. Kitty Pilgrim talked with one of those veterans and the president of the company that helped him.