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 CANADA
FRANCHISE NEWS ARCHIVE
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: : Jan-Jun 2002
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CoolBrands gets mixed reviews. At first blush, CoolBrands
International Inc. is a nice investment with solid Canadian roots.
.... 19/6/02
Royal Host Real Estate Investment Trust Announces Distribution
to Unitholders. Royal Host Real Estate Investment Trust has
declared its June 2002 distribution of $0.06 per unit payable July
31, 2002 to Unitholders of record as of July 15, 2002. .... 17/6/02
Forzani shines despite cloudy sales start. Robust sales
of skis, snowboards and footwear and a strong showing by its new Sport
Mart banner fuelled a 78% leap in first-quarter profit at Forzani
Group Ltd., Canada's biggest sporting goods retailer. .... 6/6/02
Couche-Tard bids $80M US for 450 insolvent American
convenience stores. Canada's biggest convenience-store operator,
Alimentation Couche-Tard Inc., is stepping up its expansion in the
United States with an $80-million-US bid for a money-losing 450-outlet
chain in Ohio, Kentucky, Pennsylvania, Michigan and Indiana. ....
6/6/02
'The expected slowdown hasn't happened'. Leon's Furniture
Ltd., Canada's largest home furnishings retailer, is looking to extend
its nine-year streak of record profits and sales after a boom in first-quarter
furniture sales buoyed by robust consumer spending. .... 1/6/02
Starbucks' experience goes beyond caffeine for Everyday Explorers.
What began with a simple cup of coffee is evolving into a coffee experience.
.... 27/5/02
This CEO's success an acquired taste. Stepping out of
his silver Jaguar at the prestigious Granite Club golf course, Bill
Johnson, chief executive of McDonald's Restaurants of Canada Ltd.,
is a world away from his humble beginnings. .... 24/5/02
Tim Hortons has eye on big Canadian expansion. A top
executive for Wendy's International Inc.'s Tim Hortons subsidiary
told analysts the doughnut shop chain expects to add as many as 180
restaurants a year in Canada over the next few years. .... [more]
23/5/02
AFM Hospitality Corporation Continues Growth. AFM Hospitality
Corporation - one of North America's leading hospitality franchise
and management companies, announced today that it achieved significant
profit improvement and long-term debt reduction during 2001. ....
[more] 17/5/02
CAW calls for job action in Starbucks talks. Unionized
workers at 10 Starbucks stores in Vancouver yesterday launched what
they call an "unstrike" in retaliation for what they allege are unfair
bargaining tactics on the part of the Seattle-based coffee chain.
.... 14/5/02
Couche-Tard 'seriously studying' financial services.
Alimentation Couche-Tard Inc. may offer financial services alongside
its selection of magazines and chocolate bars, says a company official.
.... 7/5/02
Is the world ready for Cora? Quebec isn't big enough
to hold Cora Mussely Tsouflidou's restaurant chain. She has a much
greater appetite. .... 6/5/02
AFM Hospitality Corporation Strikes Deal With Traveller's Inn
(Canada) Ltd. AFM Hospitality Corporation today announced
that through its subsidiary Northwest Lodging International (Canada)
Inc., it has successfully acquired a significant portfolio of eight
new management agreements from Traveller's Inn (Canada) Ltd. of Victoria,
British Columbia. .... 29/4/02
Country Style takes aim at Tim's. Only weeks after emerging
from bankruptcy protection, doughnut chain Country Style Food Services
Inc. has lowered its coffee prices and is going head-to-head with
arch-rival Tim Hortons - a move industry watchers are regarding with
skepticism. .... 26/4/02
Drugstore's earnings up by 32%. Jean Coutu Group
Inc., Canada's second-biggest drugstore chain, said yesterday a strong
Christmas and steadily rising prescription drug sales boosted third-quarter
revenue by 24% and earnings by 32%. .... 18/4/02
Royal Host Real Estate Investment Trust Announces Distribution
to Unitholders. Royal Host Real Estate Investment Trust (REIT)
has declared its April 2002 distribution of $0.06 per unit payable
May 31, 2002 to Unitholders of record as of May 15, 2002. .... 15/4/02
AFM Hospitality Corporation Divests Remaining Hotel Property.
AFM Hospitality Corporation today announced that it has successfully
completed the sale of the Royal Connaught hotel in Hamilton, Ontario.
.... 12/4/02
Cara to sell health-care food division. Cara
Operations, owner of the Harvey's, Swiss Chalet and Second Cup restaurant
chains, has agreed in principle to sell its health-care food division
to Compass Group Canada. .... 11/4/02
Wendy's increases outlook. Strong sales gains
at the Tim Hortons doughnut shops in the United States and Canada
and solid results at the Wendy's hamburger chain are churning out
tasty results for Wendy's International Inc. .... 9/4/02
Canadian jobs growing like weeds. Those searching
for the roots of the job growth reported yesterday need look no further
than the well-manicured lawns of the nation, tended to by the likes
of Paul Gaspar and his growing band of Weed Man employees. .... 6/4/02
Attention, Shoppers. Shoppers Drug Mart got
used to being on top. Glenn Murphy has a prescription for putting
it back there. .... 29/3/02
Forzani fourth-quarter profit up. Sports goods
retailer Forzani Group Ltd. said Friday its fourth-quarter profit
rose 43 per cent while its expansion efforts will see higher-than-expected
2003 financial results. .... [more]
22/3/02
INTEREST - Small retailers can survive in giant's shadow.
Many small-town retailers cringe in fear when they hear a
big-box development is about to break ground in their vicinity, convinced
it's only a matter of time before their business is flattened by a
powerful competitor offering lower-priced goods. .... 14/3/02
Is self-employment right for you? Do you have
what it takes to go out on your own? Self-employment can take many
different forms, each possessing its own constellation of success
factors. .... 6/3/02
Landlords upset over Country Style actions.
Dozens of disenfranchised landlords are threatening
to take Country Style Food Services Inc. to court after the company
filed for bankruptcy protection as part of a restructuring into
a leaner, more viable operation. .... 26/2/02
McDonald's tests new eatery in Toronto. McDonald's
is launching an aggressive expansion plan in Canada pitching itself
against the likes of Swiss Chalet, Starbucks, Taco Bell and Pizza
Hut. .... 12/2/02
Drug chain grabs 42% profit rise. Shoppers Drug
Mart Corp., Canada's largest drugstore chain, reported a 42% jump
in net profit during fiscal 2001 as the company benefited from robust
prescription sales and a leaner corporate structure. .... 8/2/02
The Forzani Group Ltd.: Corporate Update. The
Forzani Group Ltd. Mr. John Forzani, Chairman and Chief Executive
Officer of The Forzani Group Ltd., today announces that Mr. Henri
Drouin has been appointed to the Company's Board of Directors effective
February 6, 2002. .... 6/2/02
Couche-Tard has $300M for U.S. growth. Alimentation
Couche-Tard Inc. said yesterday that last month's $100-million equity
issue raised cash resources to about $300-million to back expansion
of its convenience-store operations in the United States. .... 24/1/02
Second Cup pours stronger profit on higher sales. Second
Cup Ltd., which agreed to be acquired by Cara Operations after a six-month
fight, posted higher second-quarter profits on Monday on stronger
sales. .... 21/1/02
Forzani's growth stretches valuation. Investors
can't help but wonder if Forzani Group Ltd.'s shares have anything
left for an encore. .... 16/1/02
Jean Coutu profit jumps 29% in quarter. Seeking
acquisitions: 'We know exactly what's available,' says president.
.... 15/1/02
Play for Second Cup leaves bitter aftertaste. Michael
Bregman is leaning back in a swivel chair, chatting about a recent
cruise with his family and sipping coffee from a ceramic mug. ....
14/1/02
It's an excellent time to expand. John Forzani
sees the retail company he founded 27 years ago moving toward a critical
flash point. .... 7/1/02
Forzani's Reports Strong Christmas Season, Sales Up 28.1%.
The Forzani Group Ltd. announced today that sales in both
its corporate and franchise stores were up over the same period for
the previous year. .... 3/1/02
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