FRANCHISE NEWS ARCHIVE
|Student joins new breed of franchise owner.
financialpost.com - When Jennifer Howarth won a free franchise in November, she decided to fast-track her university plans by taking summer courses so she can get started a year from now in January 2011. ... [more] 29 Dec, 2009
Wingin' it: Chicken chain expands across Ontario.
thestar.com - Teenager who fled Soviet troops now GTA's king of chicken and ribs. ... [more] 21 Dec, 2009
Fatburger to Expand Within Canada.
chainleader.com - Since launching its first Canadian franchise in 2005, Fog Cutter Capital Group Inc.'s Fatburger has opened 11 locations in Western Canada, and will open a new restaurant early next year in Vancouver. ... [more] 16 Dec, 2009
Priszm to transition responsibility for KFC Canada marketing back to Yum! Canada.
finance.yahoo.com - Priszm Income Fund announced today that it intends to transition the responsibility for KFC Canada marketing back to Yum! Canada, the parent franchisor for KFC, Pizza Hut and Taco Bell in Canada. ... [more] 14 Dec, 2009
Canada's coffee market brews bold competition.
ctv.ca - The country's high-end coffee market remains a competitive battleground despite months of recession, with increasing numbers of specialty cafes and the arrival of new international players on the scene... [more] 22 Nov, 2009
Franchisors look north.
financialpost.com - U.S. franchise corporations have always eyed Canada for expansion - its geographic proximity and similar language and culture make it a natural fit - but going north of the border wasn't always... [more] 16 Nov, 2009
Green Mountain buys Canadian licensee, ups outlook.
reuters.com - Green Mountain Coffee Roasters Inc acquired the wholesale business of its licensee Timothy's Coffees from an affiliate of private equity firm Sun Capital Partners for $157 million to enter the Canadian... [more] 13 Nov, 2009
Priszm extends date for agreement on the renewal terms of franchise agreements.
finance.yahoo.com - Priszm Income Fund today announced that the franchise agreements expiring on November 10, 2009 for KFC, Taco Bell and Pizza Hut have been extended by 15 days to November 25, 2009. ... [more] 10 Nov, 2009
Spoon Me opens franchise location in Calgary.
fastcasual.com - Spoon Me frozen yogurt has expanded into Canada with its first location in Calgary, Alberta. The Calgary Spoon Me pushes the total number of operating stores to 11... [more] 4 Nov, 2009
Tim Hortons revenue rises 11 per cent.
theglobeandmail.com - Tim Hortons Inc. served investors another quarter of revenue growth, although its profit shrank compared with the same time last year due to $23.1-million in costs associated with its conversion into a... [more] 30 Oct, 2009
Koko FitClub's International Expansion Begins in Canada.
finance.yahoo.com - The future of fitness will arrive soon in Ontario Canada. Koko FitClub LLC today announced a multi-unit deal that marks the beginning of the company's international expansion. ... [more] 22 Oct, 2009
Discover the Opportunities in Franchising at The Franchise Show-October 24 & 25, 2009.
finance.yahoo.com - As Canada's most trusted franchise-only tradeshow, The Franchise Show provides prospective franchisees with unique opportunities to meet face-to-face with some of the most accomplished franchise... [more] 20 Oct, 2009
RONA Celebrates its 70th...700 Times Over!
finance.yahoo.com - RONA Inc., the largest Canadian distributor and retailer of hardware, home renovation and gardening products, is today celebrating the 70th anniversary of its founding. ... [more] 6 Oct, 2009
Dollarama plans $250-million IPO.
theglobeandmail.com - Canada's biggest dollar-store chain, which expanded and prospered while consumers pinched their pennies, now plans to go public as the economy heals and markets thaw. ... [more] 10 Sep, 2009
Forzani Group reports $4.4M Q2 loss.
thestar.com - The Forzani Group Ltd., Canada's largest sporting goods retailer, reported a net loss of $4.4 million or 14 cents a share in the second quarter, a big decline from a profit of $1.5 million or five cents a share... [more] 8 Sep, 2009
A&W grants first multi-site development agreement in Ontario.
tradingmarkets.com - A&W Food Services of Canada Inc. is pleased to announce it has awarded the company's first ever multi-site new restaurant development agreement in Ontario. ... [more] 4 Sep, 2009
Recession Lures American Franchisors North.
theepochtimes.com - Long-time American franchises in Canada such as McDonald’s, Wendy’s, and Baskin Robbins all share one thing in common - they are successful giants in the Canadian market. ... [more] 3 Sep, 2009
Nurse Next Door Launches First Saskatchewan Franchise.
franchising.com - Vancouver-based Nurse Next Door Home Healthcare Services, Canada's fastest growing home care franchise system, has kicked off its Saskatchewan expansion with the launch of a locally owned... [more] 25 Aug, 2009
Canadian Franchise concept moves to expand into China, Russia.
pr-canada.net - Specialty hair care salon franchise Beaners Fun Cuts is pleased to announce today its affiliation with International Franchising Group, LLC to expand its concept all over the world. ... [more] 17 Aug, 2009
Second Cup boosts number of shops to close.
theglobeandmail.com - Second Cup Royalty Income Fund said Friday it expects to close more coffee shops this year than it had earlier expected as it reported drop in second-quarter earnings compared with a year ago. ... [more] 14 Aug, 2009
Canadian Tire profit rises 6.1%.
theglobeandmail.com - Canadian Tire Corp.'s second-quarter profit rose 6.1 per cent even though sales sank amid a miserable economic climate for retailers, a performance attributed to a clamp on expenses and... [more] 13 Aug, 2009
Nestle Toll House Cafe views Canada, Middle East as priority growth markets.
fastcasual.com - Nestlé Toll House Café by Chip, a dessert café and bakery, is offering exclusive master franchising opportunities and area developer franchise agreements in Canada and the Middle East. ... [more] 10 Aug, 2009
Rise & Dine Changes Name to Sunny Street Cafe.
qsrmagazine.com - Rise & Dine Restaurants Inc. announced plans to change its name to Sunny Street Café as the franchise expands into Canada. ... [more] 7 Aug, 2009
Tim Hortons to extend ice cream test run.
ottawacitizen.com - Ice cream cones are selling like crullers at coffee chain Tim Hortons Inc., which confirmed Thursday that it will extend its test run of the Cold Stone Creamery brand into outlets across Canada. ... [more] 6 Aug, 2009
Hortons reports success in tough U.S. market.
thestar.com - The coffee and doughnut chain that's a Canadian icon has made a breakthrough south of the border. ... [more] 6 Aug, 2009
American Bar Association Annual Forum on Franchising Shines Light on Business Bright Spot.
finance.yahoo.com - U.S. franchisors continue to grow outside of the country, with Canada being a prime example as many American companies look north for expansion and out-of-work Canadians seek self employment ... [more] 5 Aug, 2009
Ikea abandons graffiti ad campaign.
thestar.com - Ikea Canada has quietly pulled a "guerrilla" marketing campaign aimed at promoting its fall catalogue and driving sales to its stores because of complaints from business and politicians across the country. ... [more] 5 Aug, 2009
Shoeless Joe's enters Ottawa market. With plans to double its Ontario presence within the next five years, a Toronto-based sports-themed restaurant chain is expanding into Ottawa. .... [more]
30 Jul, 2009
Romaine empire. Green through and through, Salad Creations aims to grow into nation's Subway of salads. .... [more]
27 Jul, 2009
Pizza Pizza opens second British Columbia restaurant. Canadian chain Pizza Pizza has opened its second traditional restaurant in British Columbia in the city of Burnaby. The company opened its first B.C. store in Delta earlier this year. .... [more]
24 Jul, 2009
easyhome Ltd. Announces New Chief Financial Officer. easyhome Ltd., Canada's leading merchandise leasing company, today announced Chris Fregren, easyhome's current Senior Vice-President and Chief Financial Officer, is leaving the business effective August 16, 2009. .... [more]
24 Jul, 2009
Priszm cuts payout on weak KFC sales. The largest franchisor of KFC chicken outlets in Canada has cut its monthly distribution to investors to preserve cash as sales at its 400 restaurants, including some Pizza Huts and Taco Bells, weakened in the latest quarter. .... [more]
22 Jul, 2009
Tim Hortons to open 13 locations in New York. Canadian doughnut and coffee chain Tim Hortons Inc. will open 13 stores in New York City on Monday in former Dunkin' Donuts' locations, according to a franchisee. .... [more]
9 Jul, 2009
Quaker Steak & Lube Launches International Expansion with Opening of First Canadian Restaurant. Quaker Steak & Lube, America's number one motorsports-themed restaurant, has gone global with the opening of its first restaurant in Toronto. The popular casual dining restaurant has set its sights on expanding in other countries, too. .... [more]
8 Jul, 2009
Pet Valu agrees to be acquired by U.S. group for $144 million. Pet-supply retailer Pet Valu Inc. could soon have franchises across Canada if a proposed $143.7 million sale to an Atlanta-based private equity firm is approved. .... [more]
7 Jul, 2009
Tim Hortons Canadian again. Considering that many Canadians practically bleed Tim Hortons coffee on any given workday, it may come as a surprise to some that the much-beloved chain is once again returning its home base to Canada. .... [more]
29 Jun, 2009
Booster Juice opens 200th store. Booster Juice welcomed the newest edition to its ever-growing family last Friday in Ottawa. The new store is number 200 for the franchise, which is quite an accomplishment considering the company has only been in existence since 1999. .... [more]
29 Jun, 2009
Tim Hortons sets sights on Nunavut. The sight of passengers carrying the company's yellow boxes is common on almost all flights to Iqaluit. But travellers may not have to lug the boxes much longer. Tim Hortons is considering opening an outlet in the Nunavut capital, filling the only gap in its national chain. .... [more]
23 Jun, 2009
Tim Hortons and Kahala Corp extend Cold Stone Creamery co-branding test to six Tim Hortons locations in Canada. Tim Hortons Inc. and Kahala Corp - parent company of Cold Stone Creamery - today announced an extension of the companies' successful co-branding test to six Tim Hortons restaurants in Canada. .... [more]
11 Jun, 2009
Franchises win national awards. Nutter's Bulk & Natural Foods along with Sangster's Health Centres have both won national recognition awards for their franchises. .... [more]
11 Jun, 2009
Breaking even should be a snap for fitness franchisee. The economic downturn has left a lot of would-be franchisors wondering what type of franchise model can survive these conditions. But for Peter Taunton, the answer is simple: Find a recession-proof concept and expand internationally, very fast. .... [more]
29 May, 2009
Starbucks defends its turf. When Howard Schultz visited Vancouver this week, he reminisced to employees about the city's special place in Starbucks' history, as the site of the company's first foray outside of the United States in 1987 and the testing ground for what would become a global business. .... [more]
29 May, 2009
Former van line franchisee in receivership. A former Manitoba franchisee of a national van lines firm is in receivership, but a new Manitoba franchisor is in place. .... [more]
20 May, 2009
Burger King expands Canadian operations. Burger King Holdings said its Canadian subsidiaries have sold 20 restaurants in Ontario to Heartland Food Corp. of Canada. .... [more]
14 May, 2009
Over 50 and ditching corporate world for franchising. In one sobering moment, John Kellett realized something had to change: If the 55-year-old managed to land another job, he would be lucky if it lasted 18 months before he was spat back onto the street. .... [more]
8 May, 2009
A&W Canada celebrates 700th store opening. A&W Food Services of Canada Inc. has opened its 700th restaurant in Penticton, British Columbia, the company has announced. .... [more]
8 May, 2009
easyhome Ltd. Reports First Quarter 2009 Results. easyhome Ltd., Canada's leading merchandise leasing company, today announced its results for the first quarter ended March 31, 2009. .... [more]
7 May, 2009
Tim Hortons profit rises. Hard economic times haven't hurt Tim Hortons Inc. [THI-T], Canada's largest chain of coffee and doughnut shops. .... [more]
7 May, 2009
Stratus expands to Canada. Stratus Building Solutions, the St. Louis-based franchisor of branded building service and maintenance operations, has gone international with its expansion to Canada. .... [more]
4 May, 2009
Quiznos closes plaintiff's stores. The president of a group of disgruntled Quiznos franchisees says the fast-food chain has been granted a court injunction, forcing him to close his three Oakville-area restaurants. .... [more]
1 May, 2009
Class Action by Franchisees against Quiznos Given Green Light by Appeal Court. On 27 April 2009, the Ontario Divisional Court approved for certification a Canada-wide class action lawsuit brought by Quiznos franchisees against their franchisor and its designated supplier, Gordon Food Services (GFS). .... [more]
30 Apr, 2009
Tims plans Hamilton coffee plant. Coffee and doughnut chain Tim Hortons Inc. says it plans to build a $30-million coffee bean production and roasting plant in Hamilton, a move that will create about 130 jobs. .... [more]
29 Apr, 2009
Couche-Tard Acquires ExxonMobil Franchised On the Run Stores. Alimentation Couche-Tard Inc. agreed to acquire ExxonMobil's approximately 450-unit On the Run convenience store franchise system in the United States, along with 43 company-owned and -operated ExxonMobil sites in the Phoenix market, the companies said Tuesday. .... [more]
28 Apr, 2009
Forzani's plan: fewer banners, more sales. Sporting goods retailer Forzani Group Ltd. plans to increase its sales by 10 per cent a year over five years by reducing its banner count and expanding its Sport Chek outlets. .... [more]
28 Apr, 2009
Serial franchisee sees growth on the upswing. Whether you or your spouse has lost a job or you're an entrepreneur at heart that just can't stomach the financial risk of buying a traditional franchise, or starting your own business, there is a way to have the best of both worlds with home-based franchises. .... [more]
27 Apr, 2009
McDonald's free coffee promo sparks java war. The coffee wars are heating up across Canada with McDonald's offering free java for two weeks as high-end chain Starbucks closes locations, iconic Tim Hortons struggles with falling profit and Country Style repositions itself under a new owner. .... [more]
20 Apr, 2009
Oil-change franchisee needs a turbo boost. Bill Bhangal is in a jam these days. The owner of 10 Jiffy Lube franchises in Southwestern Ontario says his revenue, just like the economy, has tanked. .... [more]
20 Apr, 2009
Dollarama sales surge 12 per cent. Dollarama Group LP says sales grew 12 per cent and profit was up 9 per cent in the fourth quarter. .... [more]
17 Apr, 2009
Franchiser swallowing up Country Style. Country Style's 490 coffee and doughnut outlets are being eaten by MTY Food Group Inc., which franchises and operates Sukiyaki, Cultures, Yogen Fruz and other restaurants. .... [more]
13 Apr, 2009
Forzani profit sinks in fourth quarter. Sporting goods retailer Forzani Group Ltd. reported lower fourth-quarter and full-year profit Wednesday, but said recent moves to snatch more market share are beginning to pay off. .... [more]
8 Apr, 2009
Court Allows Franchise Class Action against Midas Canada. On 26 March 2009, the Ontario Superior Court of Justice certified a Canada-wide class action lawsuit by Midas franchisees against Midas Canada Inc. Midas Canada is a subsidiary of Midas Inc. .... [more]
1 Apr, 2009
Priszm keeps restaurants, takes hit. Priszm Income Fund, which gets royalties on sales at more than 400 KFC, Taco Bell and Pizza Hut restaurants, says it has taken another $65.9-million writedown on the value of dozens of underperforming properties that had been marked for sale or closure. .... [more]
30 Mar, 2009
Edible Arrangements blooms with fresh idea. Call it resilient franchising: While some large franchise chains have been busy closing stores, cutting staff and otherwise suffering the effects of a drop in sales, there are others who are quietly doubling sales and expanding franchise locations by 15% or more. .... [more]
29 Mar, 2009
Movenpick to enter Toronto market again. More than five years after the Movenpick chain left the Canadian market following a bitter dispute with its franchisee Jorg Reichert, the multinational Swiss restaurant and hotel operator says it's preparing a comeback. .... [more]
24 Mar, 2009
Outback Steakhouse closes Ontario restaurants. The Australian steakhouse concept, Outback Steakhouse Canada, has closed all of its restaurants in Ontario, effective March 23. The company said the decision to exit Ontario was a difficult one and it was made only after considerable reflection and analysis. .... [more]
24 Mar, 2009
Tim Hortons bringing in Philippine workers to staff Manitoba store. A Tim Hortons franchise on Opaskwayak Cree Nation in central Manitoba desperately needs workers and is looking to the Philippines to fill the demand. But the coffee giant's effort is being criticized by the chief of the First Nations community near The Pas, who says the company should try harder to train local people. .... [more]
24 Mar, 2009
easyhome Ltd. Reports 2008 Fourth Quarter and Year-End Results. easyhome Ltd., Canada's leading merchandise leasing company, today announced its results for the fourth quarter and year ended December 31, 2008. .... [more]
5 Mar, 2009
Canadian Tire tries selling groceries. Next time you pick up some Goodyears and 10W-30 at Canadian Tire, stop by the food section for a carton of milk, a box of frozen burgers and a package of cookies. .... [more]
5 Mar, 2009
Pizza Donini Overtakes Montreal. Donini, Inc. announced today that the Company has outlined an aggressive five-year expansion plan aimed at maximizing revenues and profits. ....
24 Feb, 2009
Life's a beach for high-tech spa franchisee. Planet Beach's Nicole Matta says women who can't afford to splurge on high-end luxury items instead boost sales of affordable indulgences such as lipstick, and she hopes that trend will apply to her affordable chain of spas. ....
23 Feb, 2009
Tim Hortons sees growth, even in recession. Tim Hortons Inc. expects to grow in 2009 even as the economy retracts – although, the fast-food retailer concedes, consumers are “more reluctant to part with their dollars.” ....
20 Feb, 2009
Boston Pizza earnings rise on contributions from new
franchises. Boston Pizza Royalties Income Fund said Monday its fourth-quarter earnings grew by 6.8 per cent, to $4.7 million from $4.4 million in the year-earlier period, driven by sales at new restaurants. .... [more]
10 Feb, 2009
Pizza Hut franchisee files for bankruptcy. The franchisee of Manitoba’s Pizza Hut restaurants has filed for bankruptcy. According to a spokeswoman from Pizza Hut’s parent company, Yum! Canada, restaurants in the Winnipeg area are operated by Premier Pizza, an independent Pizza Hut franchisee. .... [more]
5 Feb, 2009
Fast-food royalty fund delivers sales growth in downturn. North Vancouver's A&W Revenue Royalties Income Fund reported a 7.5% increase in sales during its 2008 fourth quarter, which ended December 31, 2008. .... [more]
4 Feb, 2009
Couche-Tard buys 13 more stores. Alimentation Couche-Tard Inc. is acquiring 13 stores in Quebec from privately held Group Therrien. .... [more]
2 Feb, 2009
Domino's Pizza Canada Opens 300th Store. Domino's Pizza, the recognized world leader in pizza delivery, is proud to announce the opening of its 300th store in Canada. The milestone store is located in Kelowna, British Columbia. .... [more]
27 Jan, 2009
Franchises lead to business careers. William Bourque is rolling in dough - literally. When's he's not delivering weather forecasts for Atlantic Canada, you'll find Bill up to his elbows in flour and other pizza fixin's at their franchise on Champlain Street, right across the street from Champlain Place. .... [more]
17 Jan, 2009
Jean Coutu takes hit on U.S. chain. Drug-store operator Jean Coutu Group Inc. lost $399.2-million in the third quarter, with the bulk of the damage caused by a $357.8-million hit on its investment in the U.S. Rite Aid chain. .... [more]
8 Jan, 2009
Little Caesars Pizza Announces Industry-Leading Franchise Program for Canadian Veterans. Little Caesars Pizza announced today its unique Little Caesars Canadian Veterans Program, which provides franchise business opportunities to qualified, honourably released veterans transitioning to civilian life or seeking a career change. .... [more]
6 Jan, 2009
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