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Wednesday, November 25th, 2009

Juniper Frozen Yogurt to Pinkberry: Please Sue Us

April 14, 2008 by Sean Kelly  
Filed under Business

Juniper Frozen Yogurt to Pinkberry: Please Sue Us

 
(FranchisePick.Com) Related: WILL PINKBERRY BECOME THE NEXT STARBUCKS?, Pinkberry Gets $27.5 Million Infusion from Starbucks Founder, , Will Pinkberry Stop Offering Franchises?, PinkBerry Settles FauxGurt Class Action Suit; Investigation of Soylent Green Continues
Perhaps Grace and Christina Kim once considered buying a Pinkberry franchise, but decided they could save the money and do it on their own. After all, how hard could it be?
When you don’t know what you don’t know.
The problem with many non-franchise start-up business owners is that they don’t know what they don’t know. So, if you’re thinking about blatantly knocking off a …read more

PinkBerry Settles FauxGurt Class Action Suit; Investigation of Soylent Green Continues

April 14, 2008 by Sean Kelly  
Filed under Business

PinkBerry Settles FauxGurt Class Action Suit; Investigation of Soylent Green Continues

(FranchisePick.Com) In a scandal that’s rocked the frozen yogurt industry and sent shock waves through, well, nowhere important, Pinkberry has settled its class action lawsuit without admitting wrongdoing or even to knowing what it is they’re selling.
Here’s a tasty excerpt from breaking Pinkberry news in the New York Times:
LOS ANGELES — Of all the great self-deceptions perpetrated among the dieting public, none is perhaps as specious as the notion that frozen yogurt is somehow health food…
In a class-action lawsuit filed last year, Pinkberry — which operates roughly 50 stores in California and New York — was accused of …read more

Will Pinkberry Stop Offering Franchises?

October 17, 2007 by Sean Kelly  
Filed under Business

Will Pinkberry Stop Offering Franchises?

(FranchisePick.Com)  Now that Starbucks Corp. Chairman Howard Schultz’ venture capital firm Maveron has invested $27.5 million into trendy franchise chain Pinkberry, and Schultz has joined the board, will Pinkberry cease franchising?
FranchisePick.Com predicts it will. 
Pinkberry, the trendy and popular frozen dessert chain, was founded in early 2005 by two South Korean immigrants Young Lee and Hyekyung “Shelly” Hwang in a 600-square-foot space, a former garage, in West Hollywood.  The tart, low-calorie no-gurt has created one more celebrity addiction (Paris Hilton reportedly requested a green tea Pinkberry from jail), and a slew of me-too fellow pushers with knock-off names like Kiwiberri, Roseberry and Berri Good. 
Read these related …read more

Pinkberry Gets $27.5 Million Infusion from Starbucks Founder

October 17, 2007 by Sean Kelly  
Filed under Business

Pinkberry Gets $27.5 Million Infusion from Starbucks Founder

  (FranchisePick.com)   In a June 14, post on FranchisePick.com, we asked:  WILL PINKBERRY BECOME THE NEXT STARBUCKS?.  Reactions from our visiting experts were mixed:
Foodette said:  Yes! I said this exact same thing, and now I know it’s true. I live in Brentwood, and the SECOND Pinkberry is about to open…We have two starbucks, and soon, each with have a Pinkberry less than a block away. UNbelievable.
CrazyZOR said:  This is a dog. And this dog won’t hunt. I have spoken to these folks and they have no idea what they are doing when it comes to franchising. They think hype will carry the …read more

WILL PINKBERRY BECOME THE NEXT STARBUCKS?

June 14, 2007 by Sean Kelly  
Filed under Business

WILL PINKBERRY BECOME THE NEXT STARBUCKS?

 (FranchisePick.Com)  Paris Hilton… Jerry Seinfeld… Reese Witherspoon… Salma Hayek… Linsdsay Lohan… Leonardo Di Caprio… Even Andy Dick.
They’re all fans of the trendy, often controversial, and always newsworthy frozen no-gurt sensation called Pinkberry.
Pinkberry addicts call it “Crackberry.” The L.A. Times called it “The taste that launched 1,000 parking tickets.” FORTUNE magazine declares Pinkberry “could become the next hot franchise.” Even Starbucks founder Howard Schultz has taken notice of Pinkberry, and met with the founders.
Will Pinkberry and $10 Green Tea Frozen Yogurt dethrone Starbucks as the King of overpriced treats that let us peasants feel like we are celebrities? (If you …read more


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