FRANCHISE NEWS ARCHIVE
: Jan - Jun 2006
|Wendy's to spin off rest of Hortons stake. Wendy's
International Inc. said Tuesday it plans to spin off its remaining
82.75 per cent stake in Tim Hortons Inc. to Wendy's shareholders around
Oct. 1. .... [more]
27 Jun, 2006
Pizza Pizza partners fall out over slice of the pie.
Lawsuit filed over ownership in wake of chain's income trust conversion.
19 Jun, 2006
Booster Juice on the move. Local retail phenomenon Booster
Juice has squeezed into yet another state south of the border. By
the time you read this, the company will have three new stores in
Arizona. .... [more]
18 Jun, 2006
Canadian Tire expanding into solar and wind-power systems.
Canadian Tire Corp. is getting into the power-generation business
sort of. The retailer has launched a new website dedicated
to selling solar and wind systems to homeowners. .... [more]
16 Jun, 2006
Second Cup chairman to buy company from Cara. Gabe Tsampalieros,
the chairman of Canada's Second Cup coffee-shop chain, is buying the
company from Cara Operations Ltd. for an undisclosed sum. .... [more]
13 Jun, 2006
Rona plans U.S. expansion. Hardware store operator Rona
Inc. hopes to succeed in the giant U.S. market with a cautious strategy
of acquisitions in regional markets. .... [more]
11 Jun, 2006
Strong sales boost Forzani profit. Forzani Group Ltd.
, Canada's largest sporting goods retailer, said on Thursday it swung
to profit in its first quarter, benefiting from robust sales. ....
8 Jun, 2006
Canadian burger icon A&W celebrates 50th anniversary.
Throughout the month of June, A&W Food Services of Canada Inc.
will be celebrating 50 years of serving hungry Canadians who have
literally come of age with the company. .... [more]
5 Jun, 2006
La Senza continues aggressive expansion. La Senza Corp.
is "firing on all cylinders" and plans to continue its aggressive
multi-year expansion of lingerie stores in Canada and internationally.
1 Jun, 2006
Slip stopper sliding across the country. Non-Slip Solutions,
a North Bay company with a solution for slippery floors, is making
great strides to spread their floor safety treatment across Canada.
12 May, 2006
Canadian Tire on a roll. Canadian Tire Corp. is plotting
its "most dynamic" growth plan ever this year and sees even
more opportunities for its lucrative financial services division.
11 May, 2006
Donair maker oozes success. Consistency is the key to
a successful franchise, says Mark Woodman of King of Donairs Canada.
10 May, 2006
Law to protect franchisees. Prince Edward Island will
soon be one of only three provinces with legislation protecting people
who buy franchises. .... [more]
5 May, 2006
Priszm expansion targets KFC/Taco Bell restaurants.
Priszm Canadian Income Fund will spend up to $150-million building
60 to 70 new multibranded KFC/Taco Bell restaurants in Canada over
the next five years. .... [more]
4 May, 2006
Quiznos Class Action Launched by Ontario Franchisee Investors.
A Statement of Claim filed in the Ontario Superior Court of Justice
on behalf of almost two hundred Ontario franchisee class members against
Quiznos Sub seeks .... [more]
2 May, 2006
Canadian Company Finds Treasure in Junk. As a franchise
operator of 1-800-GOT-JUNK, Calgary's Dave Harrop thought he'd just
be hauling away other people's garbage -- not bona fide treasures
that would lead to a lucrative lifestyle. .... [more]
23 Apr, 2006
The last entrepreneurial hurrah. After a successful
career managing international sporting sites, including an Olympic
venue, Ray Buckland is abandoning his suit and tie for an apron and
oven mitts. .... [more]
12 Apr, 2006
Couche expands U.S. network with acquisition of 90 stores.
Convenience store chain Alimentation Couche-Tard Inc. is building
on its U.S. network with a deal to acquire a 90-store chain in the
U.S. Southeast. .... [more]
12 Apr, 2006
Jean Coutu profit dips despite sales growth. The Jean
Coutu Group drugstore chain said Tuesday that its third quarter profits
dropped after last year's foreign-exchange gain, but that sales continued
to grow. .... [more]
11 Apr, 2006
Tim Hortons opens with a bang in stock market debut.
Tim Hortons stock made its debut with a bang on Friday, rising more
than 40 per cent to nearly $38 a share after its initial public stock
offering. .... [more]
24 Mar, 2006
Tims boosts IPO price. Tim Hortons Inc. parent Wendy's
International Inc. raised the coffee-and-doughnut chain's planned
IPO price by 19 per cent just hours after an influential U.S. television
host suggested the company might increase the pricing range. ....
20 Mar, 2006
Tims rich IPO this week. The popularity of Tim Hortons
has observers expecting a caffeine-fuelled trading frenzy when its
shares hit North American stock markets for the first time this week.
20 Mar, 2006
Tracing the roots of Canada's iconic chain. American
burger giant Wendy's International Inc. is expected to spin-off a
15 per cent stake in Tim Hortons this week, and curious observers
are watching to see how many of the shares will land in Canadian hands.
19 Mar, 2006
Regulator could help franchise feuds. When the former
Conservative government won all-party support for full disclosure,
fair dealing and freedom of association for Ontario franchise buyers,
the Liberals and New Democrats said it was just a first step. ....
16 Mar, 2006
Franchisors urged to take a global view. Fierce competition
in the United States has Canadian businesses looking for franchising
opportunities outside North America. .... [more]
16 Mar, 2006
Caught in a franchise fiasco. Pattie and Seeram Ramjit
are working seven days a week to pay for a bitter lesson they learned
from franchisor Reza Solhi. .... [more]
14 Mar, 2006
Dollar Financial Corp. Expands Canadian Presence with Franchise
Acquisition. Dollar Financial Corp. today announced further
expansion in Canada through an agreement to acquire the assets of
thirteen stores in a series of related transactions. .... [more]
13 Mar, 2006
CFO resigns at Canadian Dominos Pizza franchise group.
Evelyn Broere, chief financial officer for Canadas Pizza Delivery
Corp., a 250-unit Dominos Pizza franchisee, resigned March 3.
9 Mar, 2006
Tim Hortons to issue 29M shares in IPO. Tim Hortons
is looking to raise more than $600 million in its initial public offering,
according to documents filed Monday with U.S. securities regulators.
27 Feb, 2006
Hunting and Fishing Franchise in Canada. Outdoor Connection,
the worlds largest hunting and fishing travel agency franchise,
opens a Canadian office, making franchises available to Canadians.
20 Feb, 2006
Van Houtte coffee lowers profit outlook. Van Houtte
Inc. has been forced to lower its profit outlook for the rest of fiscal
2006 due to problems with three Chicago-area acquisitions and two
major coffee contracts that have not yet come through. .... [more]
16 Feb, 2006
Tims aims for breakfast breakout. Move over McMuffin,
Tim Hortons is getting into bacon and eggs. Starting this week, the
iconic coffee chain will sell hot breakfast sandwiches at its 290
U.S. locations. .... [more]
13 Feb, 2006
Winnipeg-based Speedpro Systems Inc. named top international
franchise of the year. Speedpro Systems Inc., the largest
sign franchisor in Canada, has received the Distinguished Achievement
Award from the International Franchise Association. .... [more]
6 Feb, 2006
Franchise barking up the right tree. Bark Busters claims
to correct most behavioural problems encountered with canines. ....
6 Feb, 2006
Quiznos cutting prices, plans major expansion. Quiznos
Sub said yesterday it is permanently decreasing prices on its entire
menu as it races to expand in Canada. .... [more]
2 Feb, 2006
The Forzani Group Ltd. Announces Acquisition of the Fitness
Source. The Forzani Group Ltd., Canada's largest retailer
of sporting goods, today announced that it has acquired The Fitness
Source Inc. .... [more]
1 Feb, 2006
MTY Proposes to Acquire Yogen Fruz Canadian Franchise Rights.
MTY is pleased to announce that it has reached an agreement with Yogen
Fruz Canada Inc. to acquire the exclusive master franchise rights.
1 Feb, 2006
Tim Hortons pours cold water over opening outlet in Afghanistan.
Canadian Forces want to raise morale among troops deployed in Afghanistan
by setting up the farthest flung coffee and doughnut franchise in
the world. .... [more]
28 Jan, 2006
WSI Announces New VP of Marketing and Franchise Development.
WSI is pleased to announce the appointment of Ken Dobell to the position
of Vice President of Marketing and Franchise Development. .... [more]
24 Jan, 2006
SmartLunch service brings kids healthy food. Sandra
Lourenco and Kieu Nguyen have started SmartLunch, a service that will
deliver nutritious lunches to schools, and eventually hope to franchise.
23 Jan, 2006
Speed up Hortons spinoff, Peltz advises Wendy's. Wendy's
International Inc. is not moving fast enough to spin off Tim Hortons
for billionaire investor Nelson Peltz, who has increased his holdings
in the hamburger chain to almost 5.5 per cent. .... [more]
19 Jan, 2006
Four Seasons opens more resorts. Four Seasons Hotels
Inc. occupies a palatial sweet spot as the luxury travel
industry globalizes, the high-end hotel operators founder and
CEO said Wednesday. .... [more]
18 Jan, 2006
FlirtyGirl Fitness signs Francorp to establish franchise package
immediately. FlirtyGirl Fitness is pleased to announce the
agreement to have Francorp to develop and establish our FlirtyGirl
franchise package immediately. .... [more]
12 Jan, 2006
Wendy's speeds up Tims spinout. Fast-food chain Wendy's
International Inc. plans a fast sale of its Tim Hortons chain, with
ownership of the iconic coffee shops to be handed out to Wendy's shareholders
in a special stock dividend soon after Tim Hortons' scheduled initial
public offering in March. .... [more]
11 Jan, 2006
Jean Coutu posts $30.8M profit. The Jean Coutu Group
Inc., with more than 2,000 drugstores in the United States and Canada,
has swung to a second-quarter profit of $30.8 million (U.S.) from
a year-ago loss. .... [more]
10 Jan, 2006
Wendy's mulls total Hortons selloff. Wendy's International
Inc., which is preparing to sell a small chunk of Tim Hortons in an
initial public offering this March, served notice yesterday that it
may spin off the rest of the iconic coffee retailer by the end of
this year. .... [more]
7 Jan, 2006
Canada's first Planet Hollywood restaurant closes. Toronto's
Planet Hollywood, the once trendy movie-themed restaurant at the foot
of the CN Tower, officially went out of business Monday. .... [more]
4 Jan, 2006
Worlds Largest Internet Consultants Open Office in New
Glasgow, Nova Scotia. Headquartered in Toronto, Canada, WSIs
latest office will be run by George Smith and Dana Landry, providing
local businesses with specialized Internet business strategies. ....
3 Jan, 2006
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