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CANADA FRANCHISE NEWS ARCHIVE

 
: : Jul-Dec 2002

The fifty best companies to work for in Canada. Employees care about their salaries and benefits, but according to the thousands of staff who responded to the fourth annual Best Companies survey, it's the total package that matters more. .... 27 Dec, 2002
How do we do it? VOLUME!
John Forzani had a simple plan: Buy big. It worked. The former Calgary Stampeder now runs the nation's largest sports retailer. But after 350 stores, how much bigger can you get? .... 27 Dec, 2002
Cara gobbles up Kelsey's stake.
Toronto-based food concern Cara Operations Ltd. is gobbling up the remaining stake in restaurant operator Kelsey's International Inc. it does not already own, the companies said Monday. .... [more] 23 Dec, 2002
RELATED - Small businesses optimistic about '03.
Optimism is still near all-time highs with more than half the owners of small- and medium-sized businesses expecting to do better next year, a poll released yesterday indicates. .... [more] 20 Dec, 2002
Video retailer Jumbo Entertainment to buy two Ontario auto parts makers.
Jumbo Entertainment Inc., a publicly traded company that franchises video and computer-games stores, said Tuesday it plans to buy two privately held auto parts manufacturers. .... 17 Dec, 2002
Body Shop is open to right offer.
Between sales of brandied apple fragrance oils and mango body butter during the holiday rush, Body Shop Canada is discussing the sale of its network of 122 stores. .... [more] 17 Dec, 2002
Body Shop in sale talks.
Body Shop Canada is in talks to sell its franchise network as the high-profile pioneer of socially conscious retailing fights off bad publicity tied to its British parent and tries to freshen its domestic stores. .... [more] 16 Dec, 2002
A U.S.-born CEO nurtures a very Canadian concept.
One of Canada's most profitable Canadian Tire Corp. Ltd. franchises is in a west-end working-class neighbourhood in Toronto, within spitting distance of two arch-rivals. .... 14 Dec, 2002
Canadian Tire inflates 2002 profit forecast to more than $190M.
The crucial Christmas shopping season is showing some sparkle as Canadian Tire Corp. boosted its earnings forecast for this year - the second major retailer in Canada to do so this week. .... 12 Dec, 2002
Couche-Tard Acquires its First Network of Non-Traditional Stores.
Alimentation Couche-Tard Inc. announces the acquisition of Tabatout, a network of 30 stores in the province of Quebec that operates primarily by franchise and registers more than $15 million in retail sales annually. .... [more] 9 Dec, 2002
Forzani scores touchdown.
Sporting-goods giant Forzani Group Ltd. reported a big jump in third-quarter profits yesterday and said it will add a record 16 stores to its various chains in the fourth quarter. .... [more] 29 Nov, 2002
Bell Mobility dealers accuse Bell of unfair practices.
The independent owners and franchisees of Bell Mobility stores are accusing the company of unfair business practices. .... [more] 28 Nov, 2002
Born-in-Victoria and proudly Canadian, sub franchise hopes for rapid growth.
Submarine sandwiches, pita melts and wraps are the menu that's driving Victoria-born Zesto's to success across Western Canada. .... 27 Nov, 2002
Canadian firm makes cash from trash via franchises.
If Brian Scudamore has his way, the next great North American brand in the mould of Starbucks and Federal Express, will be boldly coloured trucks that haul away your junk. .... [more] 27 Nov, 2002
Taco Time Adds Full-Meal Platters to its Menu.
Calgary-based Taco Time Canada, operator of 115 franchise restaurants from British Columbia to Ontario, has added five full-meal platters to its authentic Mexican menu. .... [more] 20 Nov, 2002
Couche-Tard earnings rise with U.S. expansion.
Convenience store operator Alimentation Couche-Tard saw its earnings grow by nearly a third in its fiscal second quarter, driven by expansion of its U.S. network. .... [more] 19 Nov, 2002
Van Houtte profits drained by integration charge.
Despite a jump in revenues, quarterly profits at coffee supplier and retailer Van Houtte Inc. were drained by $5.5 million in charges for restructuring, selloffs and investment losses. .... [more] 7 Nov, 2002

Chez Cora founder aims for egg-spansion. Cora Tsouflidou changed the way Quebeckers eat breakfast, and she aims to do the same for the rest of Canada. .... [more] 28 Oct, 2002
Harvey's ad shop axed after 20 years. The Toronto ad agency that made Harvey's hamburgers "a beautiful thing" is being shown the door after more than 20 years - the latest indication of intensifying competition in the fast-food business. .... [more] 10 Oct, 2002
Forzani e-commerce site gets axe as customers fail to log on. Forzani Group Ltd., the country's largest sporting goods retailer, will abandon its flagship SportChek.ca e-commerce site on Friday after finding that not enough customers shopped on-line to make it profitable. .... [more] 1 Oct, 2002
How's she cuttin'? People have become increasingly aware of security issues since last year's terrorist attack in New York and that has led to increased demand for shredding services offered by a St. John's company. .... 27 Sep, 2002
Bluenose king of coffee relinquishes his throne. Nova Scotia's king of coffee has quit the bean. Ron Joyce, the Tatamagouche businessman who helped found Tim Hortons nearly 40 years ago, is selling his shares in its parent company. .... 26 Sep, 2002
Couche-Tard adding in-store fast-food outlets. Convenience-store chain Couche-Tard Inc. plans to expand its new concept of adding brand-name fast-food outlets to its stores, chief executive Alain Bouchard said Wednesday. .... [more] 25 Sep, 2002
Doughnut shop to pay for mistreating lesbian. A Dunkin' Donuts franchise must pay almost $6,000 to a waitress ostracized by co-workers and customers after they found out she was a lesbian. .... 24 Sep, 2002
McDonald's serving up Boston Market 'home-style' concept in Canada. McDonald's Corp. - afflicted by sclerotic burger-and-fries sales under the golden arches - is bringing its Boston Market "quick-casual" restaurant concept to Canada. .... 15 Sep, 2002
Forum to address Ontario franchise opportunities. In a climate of corporate mistrust and volatile market activity, a growing number of people are taking on franchises or launching their own businesses as a means of protecting their income and retirement. .... [more] 14 Sep, 2002
Van Houtte's new CEO outlines reorganization plan at shareholders meeting. The new chief executive at coffee seller Van Houtte Inc. has been in place for only three months but on Wednesday he outlined plans to reorganize the Montreal-based coffee company. .... 11 Sep, 2002
Jean Coutu eyes U.S. purchase. Jean Coutu Group Inc. is eyeing another big acquisition in the U.S. market and has targeted two or three U.S. drugstore chains as potential candidates, members of the Coutu family executive team revealed Tuesday. .... [more] 10 Sep, 2002
Drugstore chain founder Jean Coutu turns the reins over to his son. Jean Coutu, founder of the major drugstore chain that bears his name, surprised shareholders at the company's annual meeting Tuesday by announcing he is passing the reins to his son Francois. .... 10 Sep, 2002
Couche-Tard profit rises. Alimentation Couche-Tard Inc. said Thursday its first-quarter profit rose because of its expansion in the U.S. Midwest and higher margins. .... [more] 5 Sep, 2002
Forzani profit rises. Calgary-based sports retailer Forzani Group Ltd. posted stronger second-quarter profit Wednesday, showing hefty growth as its major Canadian competitors struggled during the spring-summer sales season. .... [more] 28 Aug, 2002
Accounting woes hit RadioShack chain operator. InterTan Inc., which runs RadioShack in Canada, says a clerk who wanted to please a vice-president has left behind an accounting mess involving more than $1.2-million (U.S.) in fictitious payments. .... [more] 28 Aug, 2002
Couche-Tard closes Dairy Mart purchase. Alimentation Couche-Tard Inc. of Quebec has closed on its purchase of substantially all the assets of Dairy Mart Convenience Stores Inc. .... [more] 21 Aug, 2002
Mövenpick employees buy $1 million in stock. Richtree Inc., the operator of Mövenpick restaurants in North America, says it has raised more than $1 million from employees through a share purchase plan designed to settle a legal dispute with its master franchisor. .... [more] 20 Aug, 2002
Boston Pizza. Boston Pizza Royalties Income Fund says it has priced its initial public offering of about 7.7 million units at $10 a unit for total proceeds of $77-million. .... 16 Jul, 2002
Tobmar's Gateway expanding. Corner newsstands may lack the glamour of other retailers, but years of solid results by Tobmar Group Inc. have sparked a major expansion effort and given the company one of the lowest franchise failure rates in the industry. .... 4 Jul, 2002
He had Chicken on the Run. Fred Jacobs had a fast-food brainstorm: He would cook chicken inside the truck that brought dinner to your door. .... 3 Jul, 2002
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