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 CANADA
FRANCHISE NEWS ARCHIVE
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There's never been a better time to franchise. Ken Purvis can spot a candidate for franchising a mile away. They share certain key characteristics. They run small to mid-size businesses that are profitable. These businesses are well-managed and unique. Moreover, they are eager to expand. .... [more]
14/11/08
Tim Hortons serves up profit. Tim Hortons Inc. has served up a 16.9 per cent rise in third-quarter net income to $78.8 million as revenue increased 3.8 per cent to $509 million, but flagging U.S. sales will result in some restaurant closures. .... [more]
7/11/08
Canadian Tire reports summer profit rise. Canadian Tire Corp. rang up a 6.3 per cent increase in summer-quarter profit as retail sales and other revenue increased over the same period last year, the company said Thursday. .... [more]
6/11/08
Gap Inc. Expands Outlet Business to Canada. Gap Inc. today opened its first Banana Republic Factory Store and Gap Factory Store in Canada. The openings will broaden the accessibility of Gap Inc. brands, while reaching new value conscious customers in the Canadian market. .... [more]
24/10/08
Dollar stores a haven in time of tight budgets. No retail operation is bulletproof in turbulent economic times, but Kevin Kane says dollar stores are better positioned than a lot of retail outlets to dodge the double barrels of tightening supply lines and consumer spending. .... [more]
20/10/08
Franchise Services of North America Inc. Announces New Franchisees for the Rent-A-Wreck System. Franchise Services of North America Inc. announced today the sale of three new Rent-A-Wreck Franchises in Oyen, Alberta, and two additional locations in the Greater Toronto Area. .... [more]
9/10/08
Tim Hortons signs deal with U.S.-based Tops. Tim Hortons has made further inroads into the United States by signing a deal for 82 full-service restaurants and self-serve kiosks at Tops Friendly Markets grocery stores. .... [more]
7/10/08
IHOP Opens First Location in Ontario, Canada. IHOP, one of America's favorite restaurants for breakfast, lunch and dinner, today announced the opening of its first franchise restaurant in Ontario, Canada, extending the iconic fifty-year old brand into a new international region. .... [more]
15/9/08
Great Clips Opens Toronto for Franchise Sales; Plans 15 Salons in 2009. Great Clips, Inc., the largest no-appointment hair salon brand in North America, is rapidly expanding its footprint with today's announcement that Toronto is now open for franchise sales. .... [more]
9/9/08
Tim Hortons serves up second-quarter boost. Despite rising food and fuel prices in Canada and the U.S., Tim Hortons Inc. says it's on track to meet its 10 per cent income growth rate for the year after serving up an 11.5 per cent increase in its quarterly profits. .... [more]
7/8/08
Canadian Tire profits down, sales up. Canadian Tire Corp. reported a more than 20 per cent drop in second-quarter profit compared with a year ago and lowered its earnings forecast Thursday as the retailer said it was hit by poor weather and a slowing economy. .... [more]
7/8/08
Learning from Tim Hortons' mistakes. Retail executives don't usually consult one another when they map out new business projects, but that's exactly what Gary Decatur, president of M&M Meat Shops, did when he pondered how to take the frozen food chain into the United States. He called his then-counterpart at Tim Hortons Inc., Paul House, and asked for his advice. .... [more]
2/8/08
M&M Meat Shops opens stores in U.S. Midwest after consumers show interest. M&M Meat Shops, Canada's largest retailer of specialty frozen foods, officially launched Wednesday its first foray into foreign markets, opening five stores in the U.S. Midwest. .... [more]
30/7/08
Ottawa Franchisor Nominated for Entrepreneaur Award. Concierge Home Services has been selected to compete for the title of The SavvyMom Mom Entrepreneur of the Year Award, a readers' choice contest designed to find Canada's top Mom Entrepreneur. .... [more]
14/7/08
Local owner of Mr. Appliance franchise receives award. Mark Doepker, local owner of the Mr. Appliance franchise, is bringing in the highest per-capita sales in the repair franchise system. .... [more]
10/7/08
New Owners at the Helm of The UPS Store Canadian Network. MBEC Communications Inc. (MBEC), the privately held Canadian company that owns The UPS Store and Mail Boxes Etc. master license in Canada, today announced new owners of the company. David Druker, who has been a centre owner and area franchisee in Quebec since 2005, and Larry Plotnick, a seasoned business executive, have acquired the company effective today. .... [more]
2/7/08
Auntie Anne's Opens First Canadian Store. Auntie Anne's Pretzels is opening its first Canadian franchise on Canada's 141st birthday in Niagara Falls, Ontario. The Auntie Anne's store in Niagara Falls brings the chain's worldwide presence to over 950 locations in 16 countries. .... [more]
30/6/08
Athletes World Limited Has Emerged From CCAA. The Forzani Group Ltd., Canada's largest retailer of sporting goods, today announced that Athletes World Limited has emerged from CCAA protection. .... [more]
30/6/08
Trouble is brewing in doughnut land. There's trouble brewing in Tim Hortons land, with dissatisfied franchise owners perking up and revealing a side of the coffee shop chain Canadians are unfamiliar with. .... [more]
21/6/08
Hon. George W. Adams to Mediate in Midas Franchisee Lawsuit. The Hon. George W. Adams, Q.C., former Justice of the Ontario Superior Court, will mediate the claims asserted in a proposed class proceeding initiated in June 2007, by two Canadian franchisees against Midas Canada Inc. of Markham, Ontario and Midas International Corporation based in Itasca, Ill. .... [more]
17/6/08
Tim Hortons sued by franchisees over frozen doughnuts. "Always Fresh" apparently has its price, as doughnut king Tim Hortons is finding out the hard way. The icon of Canadian franchising has been hit with an attempted $1.95-billlion class-action suit over its conversion from a "fresh-baked" goods restaurant to a "microwaved products store." .... [more]
13/6/08
KFC Canadian franchisee, PETA in accord. Animal-rights group PETA plans to step up its long-running campaign against Louisville-based KFC Corp. after the chain’s biggest franchisee in Canada agreed to adopt new chicken-slaughtering techniques for nearly 500 restaurants. .... [more]
2/6/08
Tim Hortons in a new PR jam. No good deed involving doughnuts, it appears, goes unpunished. Two weeks after an employee at a Tim Hortons in London was fired, then rehired, after she gave a child a free Timbit, Toronto investment manager Teresa Lee bought breakfast Wednesday for a pregnant homeless woman at a Tim Hortons downtown – then was scolded. .... [more]
23/5/08
Papa John's Takes Online Ordering to Canada. Online Ordering, a provider of remote ordering technologies for pizza, quick-service, and casual-dining restaurants, has been selected by Papa John's to take online ordering into the Canadian market. .... [more]
22/5/08
Brinker International Signs Franchise Agreement to Develop Restaurants in Toronto. Brinker International, Inc. announced an agreement with Top Down Enterprises, Inc. to develop five new Chili's Grill & Bar® restaurants in the Southwest Greater Toronto Area. .... [more]
20/5/08
Clockwork Home Services plans to expand franchising to Canada. Clockwork Homes Services Inc. says it will expand its Benjamin Franklin Plumbing, One Hour Air Conditioning & Heating and Mister Sparky Electrical home services franchises into Canada. .... [more]
12/5/08
Print Three Franchising Corporation wins 2008 Gold Frankie Award for Direct Marketing. Print Three Franchising Corporation received the 2008 Gold Frankie Award in the category of Direct Marketing. A Frankie is a prestigious award presented annually by the Canadian Franchise Association (CFA) for the best creative work in Canadian franchising. .... [more]
12/5/08
Domino's Pizza Celebrates 25th Anniversary in Canada. Domino's Pizza this month celebrates its 25th anniversary in Canada and Mike Schlater, who opened the first Domino's Pizza store outside the United States on May 12, 1983, is celebrating his homecoming after recently being named president of the Master Franchise. .... [more]
12/5/08
Tims eats humble pie to avert PR catastrophe. Tim Hortons Inc. has squelched what could have become a PR disaster over the Timbit Affair. At the same time, the company has been served a stinging lesson on how following franchise rules too zealously can stifle the ability of front-line workers to keep the customer satisfied. .... [more]
8/5/08
Canadian Tire looks to fine tune its stores. Canadian Tire Corp. will launch two new store concepts this year as it races to capture more business in smaller markets while also re-modelling bigger stores to focus on its stronger categories, such as sporting goods and hardware supplies. .... [more]
8/5/08
Couche-Tard Eyes a Possible Acquisition. While falling short of its expansion goals in the second half of fiscal 2008, Alimentation Couche-Tard Inc., the largest c-store retailer in Canada and the third largest in the U.S., announced that a "medium-sized acquisition" might take place in the coming weeks. .... [more]
7/5/08
Jean Coutu posts loss of $269.2M. The Jean Coutu Group Inc. posted a third-quarter loss of $269.2 million, reversing a year-ago profit of $232.1 million. .... [more]
29/4/08
Priszm Fund deeper in the red as sales slip. Priszm Income Fund deepened its first-quarter loss to $1.8-million as sales at its fast-food restaurants declined 3.2 per cent from a year earlier to $77.6-million amid a slimming of the organization. .... [more]
24/4/08
Love thy franchisees. Almost a year after opening a Nurse Next Door franchise in Kamloops, B.C., Gord and Tara Simpson are receiving fewer and fewer calls from their clients. Yet, what seems like an ominous trend has in fact bolstered the Simpsons’ confidence that they’ve bought into the right franchise system. .... [more]
23/4/08
Speedy acquires Minute Muffler chain. Speedy Corp. is taking over the Minute Muffler group, adding the 91 Minute Muffler franchises across Canada to its 65-shop Speedy Auto Service franchise network. .... [more]
17/4/08
Pet Valu nixes dissident's proposed list of directors. Pet food and supplies retailer Pet Valu Canada Inc. has rejected a slate of directors proposed by dissident shareholder Goodwood Inc., advising shareholders yesterday to vote against it at an upcoming meeting. .... [more]
16/4/08
Pet Valu board faces shareholder revolt. A Toronto investment firm is moving to shake up the board of Pet Valu Inc. and its subsidiary Pet Valu Canada Inc. at the upcoming annual meeting of the pet food wholesaler and retailer. .... [more]
8/4/08
V2K Announces Increased Franchise Sales in Canada. V2K International, Inc., announced today that 25% of the franchise locations opened this calendar year by its wholly owned subsidiary, V2K Window Fashions, have been in Canada. .... [more]
8/4/08
Papa John's plans Canadian expansion. Pizza delivery chain Papa John's International Inc. has signed development agreements with four franchisees for a total of 57 new stores in Canada. .... [more]
7/4/08
Tim Hortons franchise in Afghanistan a raging success. A newly arrived British soldier actually thought the hugely popular and profitable Department of National Defence-owned Tim Hortons franchise at this noisy airbase was a religious cult. .... [more]
27/3/08
Canadian Tire ditches print catalogue, moves online. Canadian Tire Corp. is quietly phasing out the printed edition of the catalogue it has been publishing twice a year for almost nine decades, with a whopping current print run of 6 million copies an issue – in favour of taking the publication entirely online. .... [more]
27/3/08
Franchisors change their business focus. Selling her very first yoga studio more than a year ago was like saying goodbye to an old friend, says yogi Jenny Kierstead, but she’s happy she chose to franchise because it has allowed her to stay involved with the business. .... [more]
25/3/08
Hey, Joe. Franchisee sees Original Joe's chain as a perfect fit for Eighth Street strip. .... [more]
25/3/08
Jose Armario Appointed Group President of McDonald's Canada and Latin America. McDonald's Corporation today announced that Jose Armario has been appointed Group President of McDonald's Canada and Latin America effective immediately. .... [more]
27/2/08
Canadian coffee icon places greater focus on global market. Second Cup, the iconic Canadian-owned coffee company, founded in Toronto in 1975, has been preparing for an increasing presence in the global market. The growing franchise chain today announced that its 400th Café opened for business in Istanbul, Turkey on January 26, 2008. .... [more]
26/2/08
Tim Hortons picks franchisee to lead, boosts dividend on higher profit. Canadian coffee and doughnut icon Tim Hortons Inc. is about to start taking its orders from a former franchisee as the company ushers in a new CEO to help prepare for rough economic times ahead. .... [more]
20/2/08
Tim Hortons hikes dividend. Coffee-shop chain Tim Hortons Inc. saw profits jump 11.5 per cent in the fourth quarter and will boost its quarterly dividend after surpassing expectations for operating income last year. .... [more]
20/2/08
Tim Hortons appoints new chief executive. Tim Hortons Inc has promoted Don Schroeder to president and chief executive, and also made him a company director, the coffee and doughnut retailer said on Tuesday. .... [more]
19/2/08
Century 21 franchisor still going '120 mph'. Here's what you need to know about Gary Charlwood: he runs more than a marathon a week and swims more than 500 kilometres a year. For a good nine months of the year, he shows up at the office wearing a suit jacket and shorts, a look he calls "elegant." That, and he is quite possibly Canada's most successful franchisor. .... [more]
11/2/08
Entrepreneurs see juicy opportunities with Caffe Sorrentino. The gushing sound of an espresso being poured at an Edmonton cafe may reverberate around the world. .... [more]
10/2/08
Junk Removal Founder Awarded Entrepreneur of the Year by International Franchise Association. 1-800-GOT-JUNK? Founder and CEO Brian Scudamore took a step closer to realizing a global dream today, accepting the International Franchise Association's Entrepreneur of the Year award at the IFA annual convention in Orlando, Florida. .... [more]
11/2/08
Canadian Tire Q4 profit up 15.5% Retailer Canadian Tire Corp. reported today a 15.5 per cent increase in the fourth-quarter to $125.1 million as total retail sales across its hardware, clothing and petroleum outlets rose 3.1 per cent to $3 billion. .... [more]
7/2/08
Fake security camera stirs tempest in a toilet. A fake surveillance camera pointing into a bathroom stall of a Second Cup restaurant was taken down yesterday after it sparked concerns from the chain's executives and the Quebec government. .... [more]
5/2/08
The buck stops here: Renegotiating the dollar. Renegotiating a contract at the eleventh hour is never ideal, says Ben Hanuka, chair of the franchise law and litigation team at Goldman Sloan Nash & Haber in Toronto.
.... [more]
23/1/08
Coffee chain's recipe
for franchise success. The husband and wife team of
Nan Eskenazi and Michael Going, co-founders of the Good Earth Coffeehouse
and Bakery chain in Calgary, are franchising their outlets and expanding
into BC. .... [more]
11/1/08
Forzani's president cut loose. The former president and chief operating officer at the Forzani Group Ltd. says he was taken by surprise after being let go from the sports retailer yesterday, a day after the company reported a 21 per cent jump in holiday season sales. .... [more]
11/1/08
Forzani Announces Important Organizational Change. The Forzani Group Ltd., Canada's largest retailer of sporting goods, today announced a reorganization that sees Tom Quinn assume the role of President for both the corporate and franchise businesses. .... [more]
10/1/08
Franchise Services of North America Inc. Announces New Franchises for U-Save and Rent A Wreck Canada. Franchise Services of North America Inc. announced today the signing of a U-Save Master Franchise Agreement for the Country of Mexico, a new U-Save airport franchise in Colorado Springs, Colorado, and a new Rent A Wreck franchise in Gormley, Ontario. .... [more]
7/1/08
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