FRANCHISE NEWS ARCHIVE
|Franchisees launch $1-billion suit against Shoppers Drug Mart.
financialpost.com - Disgruntled pharmacists have decided to heat things up a notch by officially launching a $1-billion class action lawsuit that accuses Shoppers Drug Mart of breaching a franchise agreement and unfairly seizing ... [more] 21 Dec, 2010
Franchisee class actions on the rise in Canada.
financialpost.com - Quizno’s, Tim Hortons, Midas, General Motors and Shoppers Drug Mart are all large corporations that have discovered in the past several years that they have one big thing in common... [more] 13 Dec, 2010
Priszm fund sells 232 restaurants in Ontario and B.C. for $46.4M.
thestar.com - Priszm Income Fund says it’s selling off its 232 restaurants in Ontario and British Columbia to a numbered company for about $46.4 million. ... [more] 13 Dec, 2010
Swisher Hygiene acquires Vancouver franchisee.
bizjournals.com - Swisher Hygiene Inc. has acquired the hygiene and chemicals business operated by Lasfam Investments Inc., its franchisee in Vancouver, British Columbia. ... [more] 7 Dec, 2010
Tossed signs international expansion deal.
fastcasual.com - Tossed has announced its first expansion outside the United States via a new franchise agreement with Jeff Potoroka, an entrepreneur from Abbotsford, British Columbia. ... [more] 30 Nov, 2010
Don't get frozen out of the franchise market.
financialpost.com - Paul Monger, chief executive of Clancy's Meat Co., says the key to going up against an established brand such as M&M was to offer something different. ... [more] 29 Nov, 2010
Krispy Kreme undergoes facelift.
cbc.ca - Krispy Kreme is reinventing itself, and will officially launch a café-style doughnut shop in Toronto on Saturday. ... [more] 18 Nov, 2010
A fresh approach to franchising.
theglobeandmail.com - When Matthew Corrin, founder of Freshii, a chain of fast casual restaurants, launched his first restaurant in Toronto in 2005, he wanted it to be the first of many. ... [more] 12 Nov, 2010
Priszm in discussion on extension of franchise terms.
investors.com - Priszm Income Fund reported today that it continues to negotiate with its franchisor, YUM Restaurants International with respect to the franchise agreements for 75 restaurants that expired on November 10. ... [more] 12 Nov, 2010
Tim Hortons chills in New England.
theglobeandmail.com - Tim Hortons Inc. says the money-losing New England stores it has slated for closing have cost the chain $4.4-million so far this year and that a retreat from the fledgling market will improve its... [more] 11 Nov, 2010
Canadian Tire boosts dividend amid strong profits.
thestar.com - Canadian Tire Corp. says it’s boosting dividend after third-quarter profits rose 21 per cent, despite a previously announced restructuring charge. ... [more] 11 Nov, 2010
Jamba Juice hopes for 125 stores in Canada.
bizjournals.com - Smoothie shop business Jamba Juice Co. hopes to have 125 franchised stores in Canada in 10 years. ... [more] 9 Nov, 2010
Green fees for franchisors.
financialpost.com - Franchisors and franchisees in Ontario may have been contacted by Stewardship Ontario about registering as a “steward” under Ontario’s Waste Diversion Act. ... [more] 8 Nov, 2010
Mr. Lube Canada sells 23 corporate owned stores.
albertalocalnews.com - Mr. Lube Canada, a B.C.-based quick lube and preventive automotive maintenance provider, has sold 23 corporately-owned stores across Canada as the company focuses on its succesful franchise... [more] 3 Nov, 2010
Tim Hortons to open first kiosks in Nunavut.
thestar.com - Folks will soon be able to order a Tim Hortons coffee in Iqaluit, Nunavut, the last province or territory that has been without a location. ... [more] 27 Oct, 2010
Men in Kilts Franchisee-Focused Strategy Expands Brand.
finance.yahoo.com - In the world of franchising, few brands have the luxury of expanding their business with a cult-like brand following and organic public interest. Vancouver based franchisor, Men in Kilts, is among the lucky... [more] 25 Oct, 2010
Priszm needs to double down on results.
financialpost.com - Toronto-based Priszm, which indirectly operates the struggling KFC, Taco Bell and Pizza Hut fast food restaurants in Canada, reported a 44% decline in third-quarter profit Tuesday. ... [more] 19 Oct, 2010
Growth in Retail/Service Sector Bodes Well for Franchising.
finance.yahoo.com - Entrepreneurs running franchise outlets in Canada have been able to rely on established business practices to help weather the recession and stand to benefit from an economic recovery... [more] 18 Oct, 2010
He's spreading the joy of crepes with Crepe Delicious.
thestar.com - Oded Yefet didn’t set out to own a franchise business. But today, at 40, he’s president of the largest crepe franchise in Canada. ... [more] 12 Oct, 2010
Ikea generates cash from roof tops.
thestar.com - Ikea has jumped into electricity generation in a big way, unveiling the first of three big solar-powered electricity generation installations. ... [more] 7 Oct, 2010
Fresh Healthy Vending Franchise Approved for Expansion Into Canada.
finance.yahoo.com - Fresh Healthy Vending, America's leading healthy vending franchisor, today announced it has been approved by Canadian franchise regulators to immediately start selling Fresh Healthy Vending Franchises... [more] 5 Oct, 2010
Deep pockets or not, passion must drive the franchisee.
financialpost.com - When Darren Bondar launched his franchise company's newest brand this weekend at the Vancouver Franchise Show he wanted to make it more accessible for potential franchisees. ... [more] 4 Oct, 2010
Couche-Tard abandons Casey’s bid.
theglobeandmail.com - Alimentation Couche-Tard Inc. dropped its $2-billion (U.S.) hostile takeover bid for Casey’s General Stores Inc. Thursday, five months after it made its initial offer for the U.S. convenience store chain. ... [more] 30 Sep, 2010
Second Cup Celebrates 35 Years of Canadian Success With Newly Certified Coffees.
marketwire.com - Proudly Canadian since 1975, premium coffee retailer Second Cup is pleased to celebrate their 35th birthday on September 30th, 2010. ... [more] 20 Sep, 2010
MPPs want franchisors to school investors.
thestar.com - Members of three political parties in the Ontario legislature want more information given to prospective franchisees to reduce their chances of being swindled. ... [more] 15 Sep, 2010
Canadian Tire chief shakes things up.
thestar.com - Less than two years into his tenure as head of Canadian Tire Corp., chief executive officer and president Stephen Wetmore is making it clear he’s still not happy with the retailer’s performance. ... [more] 15 Sep, 2010
Menchie’s Opens First International Store in Canada.
dbusinessnews.com - With nearly 50 stores in the United States, Menchie’s, the ultimate customizable frozen yogurt experience, today announced it has opened its first international store in Canada. ... [more] 15 Sep, 2010
Sporting goods retailer Forzani cuts second-quarter loss more than in half.
canadabusiness.com - Forzani
Group Ltd. credited strategic initiatives and a stronger
economy for helping the sporting goods retailer significantly reduce
its second-quarter loss. ... [more] 7 Sep, 2010
Couche-Tard unveils record profit.
thestar.com - Alimentation Couche-Tard earned a record $129.5 million (U.S.) in the first quarter riding higher merchandise sales at its North American convenience stores to a 42 per cent profit increase. ... [more] 24 Aug, 2010
Franchise Consulting Firm Sees Opportunity in Canadian Market.
finance.yahoo.com - The iFranchise Group (www.ifranchisegroup.com), a leading franchise consulting firm based near Chicago, announced that it recently joined the Canadian Franchise Association. ... [more] 24 Aug, 2010
Canadian chicken wing franchise defends turf and name.
money.canoe.ca - Canadian dining chain Wild Wing announced an aggressive expansion strategy Friday, with plans to immediately open 30 more locations just two days after a U.S. competitor by a similar name said it was... [more] 20 Aug, 2010
Great Glasses affidavits not true: franchisees.
thespec.com - Several Great Glasses franchise owners are alleging in new court documents that they were instructed to sign untrue affidavits under oath last year as part of ongoing legal proceedings between... [more] 20 Aug, 2010
BrightStar Announces International Expansion Into Canada
dbusinessnews.com - Full-service
healthcare staffing agency signs first international area development
agreement, calls for 23 locations throughout British Columbia and
Alberta. ... [more] 31 Aug, 2010
Tim Hortons plans to return $475 million from Maidstone sale to shareholders.
thestar.com - Tim Hortons Inc. shares rose to their highest peak in more than two years after the company said it’s exploring options to return to shareholders nearly half a billion dollars from the sale of its stake in... [more] 12 Aug, 2010
Canadian Tire reports rise in Q2 profits.
thestar.com - Canadian Tire Corp. says its second-quarter profits rose 15.6 per cent, helped by a recovery in its credit card business. ... [more] 12 Aug, 2010
Couche-Tard extends bid for Casey’s.
theglobeandmail.com - Alimentation Couche-Tard has given Casey's General Stores shareholders more time to warm up to its $1.9-billion (U.S.) hostile takeover bid, which has been rejected as inadequate by... [more] 12 Jul, 2010
Ontario's highest court affirms certification of franchisee class action against Quiznos, Gordon Food Service (GFS).
finance.yahoo.com - In a unanimous decision released today, the Ontario Court of Appeal upheld certification of a national class action brought by Canadian franchisees of the Quiznos restaurant chain. ... [more] 24 Jun, 2010
KFC operator ‘actively pursuing’ refinancing options.
thestar.com - Priszm Income Fund, the operator of most of Canada’s KFC, Taco Bell and Pizza Hut restaurants, will spend 2010 focusing on sales growth while it “actively pursues” refinancing options. ... [more] 14 Jun, 2010
Quiznos hires Subway employee fired for helping fire victims.
canada.com - Subway fired her when she gave sub sandwiches to neighbours who had been left homeless by an apartment fire. Rival Quiznos has now stepped in and given Heidi Heise a new job. ... [more] 11 Jun, 2010
Franchising: Join the burger boom.
canadianbusiness.com - Harvey's, the Canadian burger chain most familiar to Ontarians, is in major expansion mode. Its owner, Concord, Ont.-based Cara Operations Ltd., has concluded there's still plenty of room in... [more] 3 Jun, 2010
Couche-Tard woos Casey’s shareholders.
thestar.com - Alimentation Couche-Tard is going around the board of Casey’s General Stores and directly to shareholders with its offer to buy the convenience store chain for $1.9-billion (U.S.) in cash. ... [more] 2 Jun, 2010
Bark & Fitz store owners are howling.
thestar.com - The owners of Bark & Fitz stores, a high-end franchise dealing in luxe doggie products and known for selling treats in bakery-style cases, are trying to separate themselves from the company name. ... [more] 27 May, 2010
Multi-franchisers a growing trend as others try to duplicate Gabriel's success.
montrealgazette.com - Groupe Gabriel may not have invented the multi-franchise concept, but it is perfecting it. Over 25 years, it has not only established multiple dealerships but also grouped some of them in various... [more] 22 May, 2010
Taking a unique approach to the franchise model.
metronews.ca - Some companies, including beauty product retailers Trade Secrets and Glamour Secrets, offer exclusive opportunities that make franchise ownership much easier for eager owners. ... [more] 19 May, 2010
This man hopes to be the Starbucks of fresh food.
thestar.com - Matthew Corrin plans to have 1,000 Freshii stores open by 2015. If 20 franchise partners open three stores a year for the next four years, it won’t take long to achieve that goal. ... [more] 17 May, 2010
UCMAS Mental Math Wins Franchising Award.
finance.yahoo.com - UCMAS Canada Inc. won the Silver Award of Excellence in Franchising, awarded by the Canadian Franchise Association (CFA) in recognition of excellence in franchise operations and franchise network. ... [more] 14 May, 2010
Canadian Franchise Association Announces Winners of Its 2010 CFA Recognition Awards.
finance.yahoo.com - The Canadian Franchise Association (CFA) announced the winners of its 2010 CFA Recognition Awards on May 3, 2010. The awards were presented during a gala awards presentation dinner at the 19th... [more] 7 May, 2010
Fast-food franchiser MTY close to being listed on TSX.
montrealgazette.com - President and chief executive officer Stanley Ma told the annual meeting in Montreal yesterday that the fast-food restaurant franchiser has received conditional approval for listing on the TSX... [more] 5 May, 2010
Slumping KFC to get new menu.
metronews.ca - Priszm Income Fund says it is developing a KFC value strategy and will introduce new innovative menu items to pull the restaurant franchisor and operator out of a disappointing first quarter. ... [more] 29 Apr, 2010
Bookkeeping Franchise Expands to Canada.
webcpa.com - U.S. bookkeeping franchisor BookKeeping Express said it is expanding its license program throughout Canada. CEO Greg Jones has granted the first Canadian franchise to Thunder Bay, Ont., entrepreneur... [more] 21 Apr, 2010
Franchising: The hand of experience.
canadianbusiness.com - At a new massage chain, the wellness boom meets veteran franchisors and a proven system - in the U.S., at least. ... [more] 20 Apr, 2010
Canada's Mucho Burrito sets sights on U.S.
nrn.com - A new fresh Mexican fast-casual concept with a focus on healthful options is crossing the border to make its debut in the U.S. next month. ... [more] 2 Apr, 2010
Bruegger's expands into Toronto.
fastcasual.com - Bruegger’s has announced that the 292-unit bagel chain will serve its freshly baked bagels at three locations in Toronto, through a co-branding deal with mmmuffins. ... [more] 31 Mar, 2010
Nestlé Toll House Café to open Canadian location.
bizjournals.com - Richardson-based dessert franchiser Nestlé Toll House Café by Chip has signed its first franchisee in Canada. ... [more] 29 Mar, 2010
The Earth Gets An Hour at McDonald's.
qsrmagazine.com - As part of its ongoing efforts to implement energy-saving practices, McDonald's Canada and participating restaurants nationwide will be actively supporting Earth Hour... [more] 19 Mar, 2010
Second Cup coffee chain converting to corporation.
thestar.com - Mississauga-coffee store chain operator Second Cup Income Fund returned to profitability in the fourth quarter and full year of fiscal 2009 despite sliding same-cafe sales, the company said Thursday. ... [more] 18 Mar, 2010
Tim Hortons to launch upscale restaurants.
thestar.com - Tim Hortons is preparing to serve up a new restaurant format as part of its expansion plans over the next three years. ... [more] 5 Mar, 2010
Franchisor catches on to social media.
vancouversun.com - It has become impossible to escape the buzz around social media tools such as Facebook and Twitter, so franchise company founder Dawn Mucci decided a year ago to jump on the bandwagon. ... [more] 4 Mar, 2010
Print Three Franchising Corporation is Award-Winning Four Times Over.
newswire.ca - Print Three Franchising Corporation; an award-winning national print franchise is the proud recipient of four National Association for Printing Leadership (NAPL) Marketing Awards thanks to... [more] 25 Feb, 2010
Tim Hortons profit rises to $91 million.
thestar.com - Tim Hortons Inc. brewed up a bigger profit in its latest quarter. The coffee, doughnut and sandwich chain says its net income was $91 million... [more] 25 Feb, 2010
Franchising: Cleaning up in cleanups.
canadianbusiness.com - A U.S. franchisor sees room for a new kind of player in Canada's post-disaster property-restoration sector. ... [more] 18 Feb, 2010
Franchise class actions on the rise.
financialpost.com - Franchise owners are increasingly using class actions to sue their parent companies over disputes they otherwise couldn't to afford to pursue on their own, lawyers say. ... [more] 10 Feb, 2010
Tim Hortons' Franchisee Owners Receive Business Takes Action 2010 Innovator of the Year Award.
marketwire.com - The Honourable Madeleine Meilleur, Minister of Community and Social Services and MPP for Ottawa-Vanier presented CME's Business Takes Action Innovation Award to an inspiring employer... [more] 4 Feb, 2010
New Service Center in Toronto: Jan-Pro Paves the Way for Its Canadian Franchisees.
finance.yahoo.com - Jan-Pro Cleaning Systems is paving the way for its Canadian franchisees to meet national demand for several offices across Canada, with the opening of a principal service center in Toronto. ... [more] 2 Feb, 2010
Spicy Pickle opens two Bread Garden Urban Cafes in Vancouver.
fastcasual.com - Spicy Pickle Franchising Inc. has opened two new Bread Garden Urban Cafes in downtown Vancouver, Canada. ... [more] 1 Feb, 2010
Tim Hortons eyes further international growth.
thestar.com - Tim Hortons Inc. is lining up plans for further international growth after warming American coffee enthusiasts in the Big Apple to its fritters and Timbits. ... [more] 12 Jan, 2010
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