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 CANADA
FRANCHISE NEWS ARCHIVE
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: : Jul-Dec 2002
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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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