Franchises

Court rules Steak n Shake broke pact with ad agency

September 26, 2012
Anthony Schoettle
A District Court in Indiana this week ruled that Steak n Shake in 2009 breached its $4.36 million contract with its former advertising agency, Georgia-based Varnson Group.
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HHGregg shares slide as company abandons Michigan plans

September 26, 2012
Scott Olson
The stock price of the Indianapolis-based appliance and electronics retailer fell by more than 18 percent this week after the company disclosed that it is postponing plans to open stores in Michigan.
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Noble Roman's takes on take-and-bake formatRestricted Content

September 22, 2012
Anthony Schoettle
Noble Roman’s Inc. has baked up an idea to expand its franchising opportunities nationwide and dramatically increase revenue. The Indianapolis-based pizza company is rolling out plans for a stand-alone, take-and-bake concept designed to rival Papa Murphy’s.
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Steak n Shake loses appeal over franchisee’s pricing

August 24, 2012
Indiana Lawyer Staff
A longtime Steak n Shake franchisee who sued the chain after it insisted on setting prices for menu items prevailed again Friday as the 7th Circuit Court of Appeals affirmed an Illinois federal court’s ruling in the franchisee’s favor.
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Steak n Shake customer traffic up in latest quarter

August 14, 2012
Biglari Holdings Inc., parent of Steak n Shake, said Friday that customer traffic to the restaurant chain grew 2.2 percent during the quarter ended July 4, boosting same-store sales 2.9 percent.
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Steak n Shake woos real estate pros

May 23, 2012
Cory Schouten
Steak n Shake made a big splash at the International Council of Shopping Centers deal-making convention in Las Vegas as it pushes an aggressive plan to grow via franchising.
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Federal court to hear Steak n Shake franchisee appeal

May 21, 2012
Scott Olson
The case involves an Illinois franchisee of Steak n Shake that successfully sued the company over its mandatory menu and pricing policies. The company's appeal is set to be heard Wednesday by a federal appeals court in Chicago.
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Signature Inns founder plans auto-care franchises

May 17, 2012
Scott Olson
Honest-1 Auto Care hopes to open as many as 20 shops in Indiana over five to seven years and has tapped the founder of the Signature Inns chain to help lead the effort.
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First-quarter profit, revenue flat for Noble Roman’s

May 15, 2012
The pizza franchisor earned $365,079 in the quarter ended March 31. But it continues to see more growth from take-n-bake products in grocery stores.
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Noble Roman's top investor loses Green Mountain chair

May 9, 2012
Bloomberg News
Green Mountain Coffee Roasters Inc. has stripped founder Robert P. Stiller of his position as chairman after he sold shares to meet a margin call at a time when the company’s trading policies prohibited such sales.
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Popeyes plans new restaurants in Indianapolis area

April 4, 2012
Staff Report
Atlanta-based restaurant chain discloses most of the seven to nine new restaurants planned this year will be in the Indianapolis area.
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Local Golden Corral locations change hands

March 25, 2012
Six area all-you-can-eat restaurants owned by Cincinnati-based Frisch's Restaurants Inc. will be sold to North Carolina firm.
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Purdue graduate takes top job at McDonald's

March 22, 2012
Bloomberg News
McDonald’s Corp. said Chief Operating Officer Don Thompson, who grew up in Indianapolis and graduated from Purdue University, will take over as CEO, becoming the first black chief of the world’s largest restaurant chain.
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Annual profit, revenue rise for Noble Roman’s

March 14, 2012
Noble Roman's saw royalties and fees from traditional franchises decrease last year, but royalties and fees from non-traditional franchises increased, and the company saw more growth from take-n-bake products.
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Mike's Carwash ownership trial gets under way

March 12, 2012
Scott Olson
The private company and principals Bill and Mike Dahm are defendants in the lawsuit brought by Jerry Dahm, a cousin who once owned 35 percent of the company and claims he was forced to sell his shares at a discounted rate.
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Ryan's, Old Country Buffet parent files for bankruptcy

January 20, 2012
 IBJ Staff and Associated Press
Buffets Restaurants Holdings, which operates at least three restaurants in the Indianapolis area, has filed for Chapter 11 bankruptcy protection for a second time and plans to close 81 underperforming eateries.
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Edible Arrangements franchisee opens third locationRestricted Content

January 7, 2012
Ann Finch
Retha Parsley owns three franchises for Edible Arrangements, a fruit-bouquet-delivery business, including a new downtown location that also sells in-store dipped fruit, fruit smoothies and fruit parfaits.
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CEO: Steak n Shake poised for global growth

December 13, 2011
Scott Olson
In his annual letter to shareholders, Sardar Biglari says he has commitments for 110 new franchises and thinks the Indianapolis-based restaurant chain could take its concept overseas.
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Sky Zone trampoline center bounces into Fishers

December 12, 2011
Scott Olson
Sky Zone, a franchised all-trampoline indoor recreational complex operated by Jeff Mast, opens Monday in Fishers at Cumberland Road and East 121st Street, just south of Interstate 69.
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Airport snags growing eyebrow boutiqueRestricted Content

October 15, 2011
 IBJ Staff
Simply Eyebrows is joining Indianapolis International's heralded collection of retailers.
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Buffalo Wild Wings franchisee sells 16 area restaurants

September 21, 2011
The Indianapolis-based Franchisee Group sold the area restaurants to Consolidated Wings Investment LLC in Greenwich, Conn., led by the former president of the Papa John's pizza chain.
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New tenant commits to take former Jillian’s space downtownRestricted Content

September 17, 2011
 IBJ Staff
Tilted Kilt, a chain of Celtic sports pubs known for its scantily clad, kilt-wearing waitresses, will take over the spot at the northeast corner of Meridian and Georgia streets.
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Rally's planning to add up to 30 local restaurants

September 7, 2011
Cory Schouten
The owner of the drive-through focused burger chain Rally's, which got its start in southern Indiana, hopes to double the number of locations in the Indianapolis area.
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Jack in the Box revives local expansion pushRestricted Content

September 3, 2011
 IBJ Staff
The burger chain has applied for zoning approval to build a restaurant near 16th and Meridian streets, just south of CVS drugstore. It would be one of 10 stores it plans to open here.
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Circle Centre wants Cinnabon out of mall

August 29, 2011
Scott Olson
A lawsuit filed by the downtown Indianapolis mall accuses Cinnaworks LLC, a franchisee of Cinnabon, of failing to pay its $6,751-per-month rent.
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