CANADA FRANCHISE NEWS ARCHIVE

 
: : Jan-Jun 2002

CoolBrands gets mixed reviews. At first blush, CoolBrands International Inc. is a nice investment with solid Canadian roots. .... 19 Jun, 2002
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 Jun, 2002
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 Jun, 2002
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 Jun, 2002
'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 Jun, 2002
Starbucks' experience goes beyond caffeine for Everyday Explorers. What began with a simple cup of coffee is evolving into a coffee experience. .... 27 May, 2002
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 May, 2002
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 May, 2002
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 May, 2002
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 May, 2002
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 May, 2002
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 May, 2002
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 Apr, 2002
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 Apr, 2002
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 Apr, 2002
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 Apr, 2002
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 Apr, 2002
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 Apr, 2002
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 Apr, 2002
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 Apr, 2002
Attention, Shoppers. Shoppers Drug Mart got used to being on top. Glenn Murphy has a prescription for putting it back there. .... 29 Mar, 2002
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 Mar, 2002
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 Mar, 2002
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 Mar, 2002
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 Feb, 2002
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 Feb, 2002
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 Feb, 2002
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 Feb, 2002
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 Jan, 2002
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 Jan, 2002
Forzani's growth stretches valuation. Investors can't help but wonder if Forzani Group Ltd.'s shares have anything left for an encore. .... 16 Jan, 2002
Jean Coutu profit jumps 29% in quarter. Seeking acquisitions: 'We know exactly what's available,' says president. .... 15 Jan, 2002
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 Jan, 2002
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 Jan, 2002
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 Jan, 2002
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