Annual profit, revenue shrink for Noble Roman’s
The Indianapolis-based pizza franchisor saw declining results from its restaurants, but got a boost from its growing line of take-and-bake products.
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Retail chain Family Leisure finding new identity
Recreational product superstore Family Leisure changed its name from Watson’s two years ago, but it could take years before the company led by Kevin Prefontaine builds the kind of brand equity tied up in the old name.
Blockbuster selling movie-rental chain to creditors
The bankrupt chain will immediately close 609 stores. The company declined to comment on whether any of the 20-some stores in the Indianapolis area will be among the casualties.
Judge tosses Noble Roman’s franchisee claims
Noble Roman's Inc. has won a pivotal courtroom victory in a battle with 14 former franchisees of its dual-branded Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants.
New rules rile Steak n Shake franchisees
Franchise owners of Steak n Shake restaurants are revolting against parent company Biglari Holdings Inc. just as the chain plans a nationwide expansion fueled by franchising.
INSIDE DISH: Squealers goes whole hog on franchising
Jeff Yater has ushered his meat-lovers concept from the barbecue competition circuit to two Indy-area restaurants. Now he wants to recruit wannabe franchisees with $500,000 and a passion for chicken, beef and pork.
Ritter’s Frozen Custard franchisees reopening stores
As a new owner revamps the Ritter’s business plan, at least four of the frozen custard stands in the area have either opened or are set to reopen in the same locations where they previously operated.
Lego plans first Indiana store for Castleton Square
The roughly 1,200-square-foot shop is scheduled to open in late March or early April.
Marion, Ind., chain balloons to 620 mobile-phone stores
The chain’s growth got a boost last year when it landed a deal to operate 164 cellular shops inside HHGregg stores.
Ricker rebranding 17 Indianapolis convenience stores
Anderson-based Ricker Oil Co. is changing the name on the ampm shops, which it acquired in 2008 from a division of oil giant BP, to match the remainder of its 50 Indiana stores.
Retailers scout new Indy-area locations
Several restaurants, including three pizza chains, and an adult-oriented retail store are planning new locations around the city.
Steak n Shake’s annual profit sizzles
The Indianapolis-based restaurant chain grew pretax profit in fiscal 2010 to $37.7 million, a 331-percent increase compared with the previous fiscal year.
Longtime local Cadillac dealer loses fight to sell car
Tutwiler Cadillac, which has sold Cadillacs in the Indianapolis area for almost five decades, has lost its franchise despite a long battle with General Motors.
Noble Roman’s expanding grocery-product line
The pizza franchisor will begin offering pasta sauce, Parmesan cheese, cheesy bread sticks, cheese dip and a deep-dish lasagna dish to grocery stores to supplement franchise revenue.
Mike’s Express Carwash sued in family feud
Mike’s Express Carwash and its principals, Bill and Mike Dahm, sons of founder Joe Dahm, are facing a lawsuit in Hamilton Superior Court brought by Jerry Dahm, a cousin who owned 35 percent of the company until May.
Noble Roman’s reports loss
Costs related to discontinued operations prompted the loss for Noble Roman’s, which is shelving its traditional store model in favor of offering its products in convenience and grocery stores.
Fried chicken franchises, Argentine eatery call it quits
Five Popeyes restaurants in Indianapolis owned by one franchisee close down, as does downtown eatery Taste of Tango.
PROXY CORNER: Noble Roman’s Inc.
Noble Roman’s Inc. is a franchisor of Noble Roman’s Pizza and Tuscano’s Italian Style Subs restaurants.
Strong Shoe Carnival profit beats estimates
Sales of toning footwear helped the Evansville-based company post record earnings in its fiscal second quarter.
Steak n Shake parent sees profit, revenue rise
Biglari Holdings Inc. said revenue in the quarter rose 9.4 percent over the year-ago period and same-store sales increased by 7.5 percent