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CANADA
FRANCHISE NEWS ARCHIVE |
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: : Jul-Dec 2004
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Cuts Fitness For Men Expands Into Canada. Cuts Fitness
For Men has announced that it has signed a Master Franchise Agreement
for Ontario, Canada that will create 40 locations over the next three
years. .... [more]
22 Dec, 2004
Rona Inc. paying $100 million for Totem Building Supplies Ltd.
of Alberta. Rona Inc., a home improvement big-box retailer,
is paying $100 million cash for Totem Building Supplies Ltd. of Alberta,
a privately held firm with 16 stores. .... [more]
21 Dec, 2004
Dollar-store operator Denninghouse finds buyers for franchised
stores. Denninghouse Inc. announced Wednesday that it will
sell its franchised stores to Buck or Two Extreme Retail Inc. and
Buck or Two (2004) Inc. .... [more]
9 Dec, 2004
Canadian Tire extends contract for CEO. Wayne
Sales will continue as president and chief executive at Canadian Tire
Corp. under a new contract that runs through to mid-2007, the hard
goods retailer announced Thursday. .... [more]
9 Dec, 2004
Canada's Coffee Time franchise chain opens three outlets
in China. The Coffee Time coffee-shop chain recently opened
three retail outlets in Beijing, adding to an international presence
that includes parts of Europe. .... [more]
1 Dec, 2004
Dollarama and Buck or Two sell inexpensive trinkets, but
worth up to $1B. It may seem counter-intuitive to spend
more than $1 billion on a chain of stores that sells nothing for more
than $1, but Boston's Bain Capital knew what it was doing when it
snapped up Montreal-based Dollarama last month. .... [more]
28 Nov, 2004
Boston Pizza can taste expansion. Boston Pizza
is considered a local landmark in many parts of Western Canada. That's
not the case east of Manitoba, although a full-blown expansion plan
may soon change that. .... [more]
27 Nov, 2004
Seinfeld's 'soup man' scouts out Ottawa. New York City's
"original soup man", spoofed on the TV sitcom Seinfeld,
is looking to franchise and an Ottawa lawyer wants to make certain
the capital isn't left out. .... [more]
22 Nov, 2004
TV's 'queen of paint' teams up with Canadian Tire. Canadian
Tire Corp. Ltd. has teamed up with television personality Debbie Travis
to boost home decor sales after quietly dropping its Martha Stewart
line of paints. .... [more]
17 Nov, 2004
Convenience store chain Couche-Tard's Q2 profit almost doubles.
Fortified by its U.S. acquisitions, convenience-store chain Alimentation
Couche-Tard Inc. says its second-quarter profit almost doubled to
$51 million. .... [more]
16 Nov, 2004
GarageTek Inks First International Franchise Deal. GarageTek,
Inc. announced today that is has signed a licensing arrangement with
Canadian Garage Systems, Inc., to introduce GarageTek throughout Canada.
.... [more]
11 Nov, 2004
Forzani to expand test of specialty stores despite profit woes.
Forzani Group Ltd. will expand its test of specialty running stores
- and is mulling new hockey and fitness chains - at a time when the
country's largest sporting goods retailer is struggling with declining
profit. .... [more]
3 Nov, 2004
Coutu finds few synergies between Canadian, U.S. group.
Jean Coutu Group intends to run its Canadian and U.S. operations as
separate divisions because it doesn't make sense to merge the businesses.
.... [more]
26 Oct, 2004
Burger King gets a whopper of a network. If your next
Whopper and fries order at the local Burger King restaurant seems
to go through a lot faster than it did in the past, its not
your imagination. .... [more]
20 Oct, 2004
Know the risks and rewards. Hal Hashem needs help running
his business and he knows it. That's why he's glad to be running a
franchise, not his own small business. .... [more]
19 Oct, 2004
La Quinta Begins International Expansion. La Quinta
announced today its entry into the international lodging arena with
the opening of the newly constructed La Quinta Inn-Vancouver Airport
in Richmond, B.C. .... [more]
19 Oct, 2004
Seniors decry 'poor taste' of KFC television ads. KFC
has pulled an ad that showed an elderly woman wearing a bucket of
chicken as a hat, after the spot drew criticism from groups including
the Alzheimer Society of Canada and the Canadian Association for the
Fifty-Plus. .... [more]
13 Oct, 2004
In court, distributors contend Tupperware is a franchise.
Though stay-at-home moms made the company's signature parties a well-known,
household event, Orlando-based Tupperware Corp. doesn't have much
to party about these days. .... [more]
11 Oct, 2004
Forzani issues profit warning amid Ontario sporting goods market
battle. Forzani Group Ltd., Canada's largest sporting goods
retailer, slashed its full-year profit forecast Friday, blaming fierce
competition in the Ontario market where it is focusing expansion efforts.
.... [more]
8 Oct, 2004
Canadian Tire's PartSource opening Ontario stores. Canadian
Tire Corp. division PartSource is opening eight stores in the Toronto
area in the next few weeks, adding 120 jobs to its national chain
of outlets. .... [more]
7 Oct, 2004
Bargain hunter found to buy Buck or Two owner Denninghouse franchise
stores. Buck or Two stores appear to have been saved with
an announcement Monday that a buyer has been found for the franchise
operations of insolvent Denninghouse Inc. .... [more]
4 Oct, 2004
Fur flies in Stop `N' Cash dispute. The Stop `N' Cash
payday loan company has won a court injunction against former key
players, barring them from communicating with franchisees or talking
to the media. .... [more]
3 Oct, 2004
Growing franchise 'maid' in Mississauga. It occurred
to Adrienne and Chris Stringer more than 25 years ago that dusting
and vacuuming people's homes would be a profitable business venture.
Today, Molly Maid is the largest residential maid service in Canada.
.... [more]
2 Oct, 2004
Singer award latest topping for BP pie pair. The chairmen
and owners of Richmond, B.C.-based Boston Pizza International, Inc.,
have come up with a recipe for success that has seen them scoop up
two prestigious business awards this year. .... [more]
30 Sep, 2004
Judge issues order in Tupperware dispute. For the moment,
Tupperware Canada Inc. has put a lid on Internet-based criticism of
how it deals with its sales force. .... [more]
29 Sep, 2004
Blockbuster wins legal battle over late fees. Quebec
Superior Court has rejected a court challenge of Blockbuster Inc.'s
late fees, saying the video rental chain is doing nothing wrong. ....
[more]
28 Sep, 2004
Tupperware to ask court to shut down critic's website.
The Canadian arm of Tupperware Corp. is going to court today to try
to shut down a website it says falsely accuses it of wanting to force
its area distributors out of business, disband its party sales force
and sell mainly through stores. .... [more]
27 Sep, 2004
Tussling with Tupperware. A Kinburn couple tells Andrew
Mayeda how taking on a distributorship for the famous containers turned
into a quagmire of lawsuits. .... [more]
25 Sep, 2004
Sobeys closing in P.E.I. hits 59 employees. Supermarket
giant Sobeys Inc. says it will close its retail support centre at
West Royalty, P.E.I., next year, affecting 59 full- and part-time
employees. .... [more]
24 Sep, 2004
Tupperware dispute is no party. The parties are over
for four disillusioned distributors for Tupperware Canada Inc. ....
[more]
18 Sep, 2004
RONA pumps over $30 million into two new Saskatchewan stores.
RONA Inc., the largest Canadian distributor and retailer of hardware,
home renovation and garden products, has opened two new retail outlets
in Saskatchewan. .... [more]
16 Sep, 2004
Stop 'N' Cash fights order to halt fees. A payday loan
company is challenging an order by Ontario's insurance regulator to
stop conducting insurance business in the province. .... [more]
13 Sep, 2004
Forzani profits tumble amid poor weather. Cool, damp
summer weather put a cramp in the sales of sporting goods retailer
Forzani Group Ltd., which reported today that quarterly net earnings
tumbled 32 per cent from a year ago to $2.6 million. .... [more]
10 Sep, 2004
Pizza chain charges laid. Toronto police have laid 12
new charges of fraud against two key players in the 3 for 1 Pizza
& Wings (Canada) Inc. franchise chain. .... [more]
8 Sep, 2004
Couche-Tard eyes U.S., Asian expansion. Alimentation
Couche-Tard is looking for acquisitions in all its U.S. markets and
has plans to develop similar stores under licence in two other countries,
one of them in Asia. .... [more]
8 Sep, 2004
Couche-Tard storms Arizona market. Convenience-store
giant Alimentation Couche-Tard Inc. has signed a deal with Shell Oil
Products U.S. to buy 22 sites in the Phoenix, Ariz., area for $33
million (U.S.). .... [more]
3 Sep, 2004
Higher sales boost Van Houtte's profit. Coffee distributor
Van Houtte Inc. reported today a more than 60 per cent increase in
quarterly profits on higher sales. .... [more]
1 Sep, 2004
Store Closing Sales Commence at 92 Buck or Two and Great-88
Stores. Store Closing Sales began today in 92 of Denninghouse,
Inc.'s company-owned Buck or Two and Great 88 stores across Canada.
.... [more]
25 Aug, 2004
Don't get burned buying the wrong franchise. Brian Spiteri
lost his job at Newell Rubbermaid Inc., when his division was downsized.
He wanted to work in a small business and decided to buy a franchise
operation. .... [more]
22 Aug, 2004
Sporting retailer Forzani Group to buy golf equipment chain
Nevada Bob's. Sporting goods retailer Forzani Group is set
to dramatically increase its golf business by buying the Canadian
interests of the golf equipment chain Nevada Bob's International Inc.
and opening up more of the popular golfing stores. .... [more]
19 Aug, 2004
Sephora to enter Canadian market. The popular Sephora
cosmetics chain, owned by luxury goods powerhouse LVMH Moët Hennessy
Louis Vuitton, will open its first store in Canada in November and
is looking to expand across the country. .... [more]
18 Aug, 2004
Pizza, doughnut franchisor Afton Food Group gets extension to
court protection. Afton Food Group Ltd., a struggling franchisor
of 241 Pizza and Robin's Donuts outlets, has received a two-month
extension to its court protection from creditors. .... [more]
17 Aug, 2004
Dollar store owner Denninghouse seeks creditor shelter.
Dollar store owner Denninghouse Inc.'s stock lost almost half its
value Monday on news that it will close about 80 of its 93 corporate
stores and is putting itself up for sale while restructuring under
bankruptcy protection from creditors. .... [more]
16 Aug, 2004
The hole truth about franchises. David McConnell learned
a lot in eight years of running Kettleman's Bagel on Carling Avenue.
Now, having sold the business, he discusses the doughs and don'ts.
.... [more]
13 Aug, 2004
CoolBrands International countersues Weight Watchers in trademark
fight. Weight Watchers International says allegations by frozen
treats maker CoolBrands International Inc. are without merit and it
will vigorously defend itself against the Canadian company's $360-million
lawsuit in an escalating legal battle over trademarks. .... [more]
11 Aug, 2004
Watch the grease fly: Here comes Fatburger. Fatburger
is getting bigger. The California-based burger giant, stuffed with
devoted Hollywood celebrity fans and partly owned by basketball great
Magic Johnson, is opening its first Canadian location in Langley next
year. .... [more]
11 Aug, 2004
Canadian Tire Q2 profits rise 29% to $82.8M.
Canadian Tire Corp. saw its quarterly profits rise 29 per cent on
strong sales at its retail clothing outlets and increased credit card
revenue, the country's largest hardware and automotive retailer said
today. .... [more]
10 Aug, 2004
Weight Watchers sues CoolBrands over continued use of its brand.
A battle of the bulge is shaping up as Weight Watchers International
Inc. takes CoolBrands International Inc. to court, alleging the Canadian
frozen treats maker will violate a licence agreement if it continues
to sell products carrying the diet company's name. .... [more]
5 Aug, 2004
Van Houtte scoops up eastern U.S. acquisitions. Coffee
company Van Houtte Inc. announced Wednesday that its U.S. subsidiary
has acquired four coffee service companies and entered into two joint
ventures, which together should add $5.5 million US in annual sales.
.... [more]
4 Aug, 2004
Jean Coutu Group completes takeover of Eckerd for $2.375 billion
US. Jean Coutu Group has completed its takeover of 1,549 Eckerd
drugstores and support facilities located in 13 eastern states. ....
[more]
2 Aug, 2004
CoolBrands shares melt after Weight Watchers licence extension
falls through. Shares of CoolBrands International Inc. took
a licking Wednesday after the maker of frozen treats disclosed it
has failed to sign a deal to extend a licensing agreement with Weight
Watchers International. .... [more]
29 Jul, 2004
Boredom brewed big break. Jean Daum, creator of the
popular Coffee News, hoped her idea of a small publication aimed at
coffee shops would be successful when it hit counters 16 years ago
- but she never dreamed it would evolve into an international phenomenon.
.... [more]
26 Jul, 2004
Body Shop Canada takeover complete. The Body Shop International
has completed its purchase of Body Shop Canada for $26 million in
cash and stock, the company said today. .... [more]
23 Jul, 2004
Sales rise helps Shoppers to 22% profit jump. Shoppers
Drug Mart Corp.'s strategy to aggressively expand the non-prescription
drug side of its business is helping push profits higher. .... [more]
21 Jul, 2004
Fighting the cold war. A battle fudge royale "with
a cherry on top" is brewing in The Beach, says Baskin-Robbins
store manager Levon Karamanian, as established Queen St. E. scoopers
take on the newcomer: ice cream chain Ben & Jerry's. .... [more]
18 Jul, 2004
Brick workers to share in windfall from IPO. Each employee
of the Brick furniture company will receive part of a $40 million
windfall when the company goes public next week. .... [more]
17 Jul, 2004
Quiznos Sub to move into Quebec fast-food franchise market by
year's end. Quiznos Sub will begin offering franchises in
Quebec and plans to open its first restaurant in the province by the
end of the year. .... [more]
14 Jul, 2004
Forzani Group Ltd. to pay $1.7 million penalty for misleading
'sale' prices. Sporting goods retailer Forzani Group has agreed
to pay $1.7 million after an investigation by the federal Competition
Bureau showed consumers were misled about sale prices at the company's
Sport Chek and Sport Mart stores. .... [more]
6 Jul, 2004
Van Houtte brews plan to bolster brand name, fend off competitors.
Jean-Yves Monette, chief executive officer of Van Houtte Inc., plans
to perk up sales of the gourmet coffee maker by aggressively building
up its brand name to compete with the likes of Starbucks, Second Cup
and Timothy's. .... [more]
3 Jul, 2004
Pizza franchise dispute was 'like piracy on the high seas'.
A judge has sanctioned two executives connected to the 3 for 1 Pizza
& Wings franchise chain after ruling that they bullied three Dutch
immigrants out of their Mississauga store, took their equipment, inventory
and thousands of dollars in cash and sold the franchise to a new operator.
.... [more]
2 Jul, 2004
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