FRANCHISE NEWS ARCHIVE
: : Jan-Jun 2005
|Krispy Kreme executive, handling Canadian bankruptcy protection,
resigns. The chief restructuring officer of Krispy Kreme's
Canadian operations has resigned, the court monitor overseeing the
doughnut company's bankruptcy protection in Canada said in court documents.
24 Jun, 2005
Country Style-Mr. Sub deal collapses. A deal worth about
$20-million by Country Style Food Services Inc. to purchase Canadian
sandwich chain Mr. Submarine fell apart at the last minute this week.
11 Jun, 2005
Canadian Krispy Kreme franchisee begin asset sales.
The court-appointed monitor of a Canadian Krispy Kreme Doughnuts Inc
franchisee has begun selling off its property and assets, according
to a court document. .... [more]
10 Jun, 2005
Tim Hortons scores winning goal as a brand. Tim Hortons
is Canada's best-managed brand, according to a new survey that suggests
customer service is the most important attribute in brand management.
6 Jun, 2005
Subway latest eatery to adopt e-loyalty card. Electronic
cards capable of storing customer data are poised to replace the paper
loyalty cards that fast-food outlets have used for decades to reward
frequent eaters. .... [more]
3 Jun, 2005
Pizza Pizza may head out West. In a preliminary prospectus
filed with regulators, the parent of the pizza chain said it expects
to begin market research into the Western Canadian market. .... [more]
1 Jun, 2005
People flock to retailers P.E.I. debut. The Brick
furniture and appliance store has arrived in Charlottetown and close
to 400 people lined up Thursday in the rain to try and catch an opening-day
deal. .... [more]
27 May, 2005
Graffiti-busting elevated to an art form. Since the
mid-1990s, when hip-hop graffiti made its way north from the United
States, it has grown in popularity and sophistication. Enter Goodbye
Graffiti Inc., a company specializing exclusively in graffiti removal.
26 May, 2005
Four Seasons may expand in China, Latin America, says CEO Isadore
Sharp. Four Seasons Hotels Inc. is looking to expand its chain
of luxury hotels in China and Latin America, although the Toronto-based
company is not focusing on any specific region. .... [more]
25 May, 2005
U.S. fast-food chain aims for bite of burger market.
"The $7.59 Burger" doesn't quite roll off the tongue but
that's not stopping American fast-food chain Carl's Jr. - famous for
its mammoth Six Dollar Burger in the United States - from entering
the Canadian market. .... [more]
23 May, 2005
Go ahead, quit your day job - franchise. If you've ever
dreamed of quitting your day job and starting a business that's got
a better-than-even chance of succeeding, then buying a franchise might
be the way to go. .... [more]
14 May, 2005
Canadian Tire stock dips as first-quarter profit drops.
Canadian Tire Corp. shares skidded Thursday after the retail giant
posted a 14 per cent drop in first-quarter profit. .... [more]
12 May, 2005
Domino's Pizza of Canada Announces 250 New Stores. In
response to over-whelming demand, Domino's Pizza has initiated an
aggressive 250 store expansion that will see their store count double
to more than 500 nationwide by 2007. .... [more]
10 May, 2005
One pizza IPO to go, hold the anchovies. Seems every
restaurant wants a slice of the piping-hot income trust market. Pizza
Pizza Ltd. is expected to announce plans for a $150-million trust
initial public offering later this week. .... [more]
10 May, 2005
Mail Boxes Etc. to offer hotspots to customers. A Canadian
franchise of business centres is hoping the availability of Wi-Fi
Internet access will boost demand of its printing, mail forwarding
and courier services. .... [more]
9 May, 2005
Circuit City Vows Fight to Use RadioShack's Name. Circuit
City Stores Inc. said on Friday it will fight to keep its right to
use RadioShack Corp.'s name in Canada after RadioShack unveiled plans
to open its first electronics stores there this year. .... [more]
6 May, 2005
RadioShack forming Canadian subsidiary. RadioShack Corp.
says it is forming a Canadian subsidiary to oversee the expansion
of its chain of consumer electronics stores in Canada as part of the
company's planned North American expansion strategy. .... [more]
6 May, 2005
Fast-food chain Priszm Canadian fund swings to Q1 loss.
Fast-food restaurant operator Priszm Canadian Income Fund says its
loss widened to $557,000 in the first quarter as sales fell 1.6 per
cent. .... [more]
4 May, 2005
KFC's Bitove plays chicken with Pamela Anderson over ethics.
Toronto businessman John Bitove Jr. would like to take actress and
pinup girl Pamela Anderson to lunch - even if she won't eat his chicken.
3 May, 2005
RadioShack stores to get new name, broader selection.
RadioShack stores in Canada will soon have a new name: The Source
By Circuit City. .... [more]
27 Apr, 2005
KFC gathers its Canadian call centres under its wings in Montreal.
Everyone in Canada calling for an order of Kentucky Fried Chicken
will soon find themselves talking to someone in Montreal. .... [more]
26 Apr, 2005
Pizza Pizza to open new chain, ready to go cluck, cluck.
Almost 40 years after opening its first pizzeria in downtown Toronto,
Ontario market leader Pizza Pizza Ltd. is launching a new chain, Chicken
Chicken. .... [more]
22 Apr, 2005
'Soup Nazi' coming to Canada. Al Yeganeh, the New York
soup man made famous in a Seinfeld episode for his grumpy brand of
customer service, has struck a deal with Ottawa lawyer Brian McAsey
to open 100 restaurants in Canada under the "Original SoupMan"
banner. .... [more]
15 Apr, 2005
Krispy Kreme Doughnuts Canadian operation in the hole: CCAA
shelter granted. Krispy Kreme Doughnuts Inc. said Friday that
it had filed in court to reorganize one of its two Canadian joint
ventures. .... [more]
15 Apr, 2005
Two local Denny's close their doors. Two of Ottawa's
four Denny's restaurants have closed, citing waning business. ....
14 Apr, 2005
A match made in fast-food heaven? Coffee shop operator
Country Style Food Services Inc. has held discussions with Mr. Sub
about forming a strategic alliance, reigniting industry speculation
that the Canadian sandwich maker is back on the auction block. ....
13 Apr, 2005
Body Shop looking to spruce up image. Body Shop Canada
is launching a new store design, a slew of new products and a new
tagline as the pioneer of socially conscious retailing tries to freshen
its image as well as its financial results. .... [more]
12 Apr, 2005
Leader in quick service restaurants expands to 481 convenient
locations. Priszm Canadian Income Fund Finalizes Acquisition
of 10 Restaurants; Reopens Popular KFC in Downtown Toronto. .... [more]
8 Apr, 2005
Canada's first eBay drop-off store franchise opening in Calgary.
Imagine This Sold, Canada's First eBay drop-off store franchise will
open for business in Calgary this summer. .... [more]
7 Apr, 2005
Couche-Tard U.S. invasion keeps rollin'. Alimentation
Couche-Tard Inc.'s latest acquisition is modest - 10 convenience stores
in the U.S. Midwest - but it's just the latest move in a blistering
expansion that is leaving rivals in the dust. .... [more]
7 Apr, 2005
Canadian Tire says new five-year plan includes 285 new and replacement
stores. Pushing growth and a "customer for life"
goal, Canadian Tire Corp. unveiled an ambitious five-year plan Wednesday
aimed at boosting overall sales by building or replacing 285 mega-retail
stores across its entire chain. .... [more]
6 Apr, 2005
Who you callin' chicken? McDonald's plucks A&W's feathers
in legal food fight. McDonald's Restaurants of Canada Ltd.
has won at least the first round of a real game of chicken with rival
A&W Food Services of Canada Inc. .... [more]
2 Apr, 2005
Markets 'are all hungry to deal' with Priszm, fast-food CEO
says. Its first year as a publicly traded concern in the books,
year No. 2 for Priszm Canadian Income Fund will see the fast-food
concern focus on building its popular multibranding strategy and raising
cash in the debt market. .... [more]
30 Mar, 2005
Loblaws to close six warehouses in Ontario and Quebec.
Canada's largest grocery store chain, Loblaw Companies Ltd., is closing
six warehouses in Ontario and Quebec, a move that affects 1,400 jobs.
29 Mar, 2005
Priszm acquires fast-food outlets from Yum Brands. Toronto's
Priszm Canadian Income Fund said it will pay Yum Brands Canada Management
LP $2.4-million for 10 Ontario Pizza Hut, Taco Bell and Long John
Silver's outlets, as well as the real estate for five KFC restaurants.
17 Mar, 2005
Same-store sales at Canada's Tim Hortons up as much as 6.6%
in Feb. Same-store sales at Canada's beloved Tim Horton's
coffee shops grew between 6.2 per cent and 6.6 per cent last month,
the hot beverage vendor's U.S. parent company Wendy's International
Inc. said Wednesday. .... [more]
9 Mar, 2005
The Body Shop Canada Selects SonicWALL to Secure Its Nationwide
Retail Operation. The Body Shop Canada has selected SonicWALL,
Inc. to provide secure, reliable and affordable connectivity to its
company-owned and franchise stores throughout the country. .... [more]
9 Mar, 2005
Couche-Tard profit up; stock split OK'd. Alimentation
Couche-Tard Inc., the big Quebec-based convenience-store chain, says
its third-quarter profit increased more than five-fold to $46.3 million
as sales jumped 65 per cent after U.S. expansion. .... [more]
8 Mar, 2005
Prizes in bidding war for Toys "R" Us chain are prime
retail sites. RioCan Real Estate Investment Trust is the Canadian
partner in one of the final groups bidding for Toys "R"
Us Inc., in a deal that would see the REIT acquire 23 sites owned
by the toy retailer in Canada. .... [more]
2 Mar, 2005
Canadian Tire hopes Q stands for profit. Canadian Tire
Corp. Ltd. has launched its first two eye-catching and spacious convenience
stores, called Q, as it races to bolster razor-thin profit margins
at the gas pump. .... [more]
28 Feb, 2005
Skimpy sales prompts La Senza to pull out of U.S. market.
Women's undergarment retailer La Senza Corp. is closing its five U.S.
stores, ending an 18-month test of the American lingerie market. ....
23 Feb, 2005
Planet Organic to Acquire 17 Store Chain. Planet Organic
Health, which owns large natural food supermarkets and a chain of
supplement and market stores across Canada, announced today that it
has signed a letter of intent to acquire Newfound Health. .... [more]
21 Feb, 2005
Wi-Fi `hotspots' coming to a coffee shop near you. Rogers
Wireless Inc. is planning to announce next Tuesday that it has partnered
with Second Cup to roll out Wi-Fi wireless "hotspot" locations
across Canada, beginning with coffee shops in Toronto. .... [more]
18 Feb, 2005
RONA welcomes 13 new affiliate members. RONA Inc. is
starting 2005 off with a bang by recruiting thirteen new affiliate
dealers in Quebec, Ontario and Western Canada. .... [more]
18 Feb, 2005
Coolbrands, Weight Watchers chill out in court battle.
The bitter spat between CoolBrands International Inc. and Weight Watchers
International Inc. is over. .... [more]
19 Feb, 2005
Imagine This Sold - Ontario Franchise Roll-Out Plan.
Imagine This Sold, the first Canadian franchising firm developing
the eBay drop-off store category is proud to announce the signing
of both. .... [more]
14 Feb, 2005
Fast-food chains opt for standard labels. Canada's fast-food
restaurants say they're stepping up to the plate with better information
about the amount of fat, salt, sugar and calories in the food they're
selling. .... [more]
10 Feb, 2005
Domino's Pizza Canada organizing tsunami relief efforts.
Domino's Pizza Team Canada is launching its own tsunami fundraising
relief program called Domino's Valentine for South Asia. .... [more]
9 Feb, 2005
M&M Meat Shops receives CIBC 'Spirit of Leadership' community
award. M&M Meat Shops, Canada's largest specialty frozen
food franchise retailer has received the CIBC 'Spirit of Leadership'
Community Award. .... [more]
1 Feb, 2005
Blockbuster Canada confirms end of late fees effective Saturday.
Blockbuster Canada is confirming that it is eliminating late fees
effective Saturday - but if you don't return the DVD, game or tape,
you've bought it. .... [more]
27 Jan, 2005
Subway Opens 2,000th Canadian Outlet. The Subway restaurant
chain has opened its 2,000th Canadian location. .... [more]
27 Jan, 2005
Short-term cash lender sets up shop in Toronto. To celebrate
the 200th store opening of his money lending franchise Rentcash, Gordon
Reykdal opened some champagne. .... [more]
26 Jan, 2005
Drugstore chain Jean Coutu swings to US$4M loss from US$32.5M
profit. Jean Coutu Group has swung sharply to a second-quarter
loss of $4 million US despite higher revenue. .... [more]
25 Jan, 2005
Pizza chains seek bigger piece of pie. Rising commodity
prices, increased competition, improved quality of frozen product
and overhauled eating habits have triggered unprecedented change within
Canada's pizza industry. .... [more]
17 Jan, 2005
TWO MEN AND A TRUCK Awards Canadian Master Franchise Rights. TWO MEN AND A TRUCK has awarded the Canadian master franchise
rights to the Toronto-based franchise management company Heron Capital
Corp., effective immediately. .... [more]
10 Jan, 2005
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