Franchising in the News
Tim Hortons has laid out an ambitious plan to add 800 more franchise outlets by 2018, the latest shot in an escalating war to stay on top of the quick breakfast and coffee market. The TSX-listed company said Tuesday it will add as many as 300 new locations in the U.S. in the next four years, a market where it has had difficulty gaining a foothold.
They started out in towns near the Jersey Shore, small day spas offering massages to people on the go. Within a few years, they’d become hot spots in the New York and Philadelphia markets. Now, there are nearly 150 Hand & Stone locations throughout the United States and Canada. Like many other businesses looking to spread their name far and wide, Hand & Stone operates as a franchise business, allowing individual investors to own and operate one or more stores.
Carl’s Jr. brings its big, delicious burgers to another Canadian community – Abbotsford, British Columbia. The popular American fast-food chain known for its premium charbroiled 100 percent Black Angus beef Thickburgers® on Fresh Baked Buns, Made from Scratch Biscuits™ and Hand-Scooped Ice Cream Shakes opened its newest location this week.
When Amy Nichols visited Vancouver three years ago, inspiration struck her. The founder and chief executive officer of Dogtopia, a dog daycare and spa business based in Virginia, noticed how devoted and affectionate Vancouverites are toward their pets. “I said to myself, ‘Those are our people,’” says Ms. Nichols, who is planning a rapid expansion of her company into Canada. “Our customers are very committed to their pets and highly educated.”