Franchises

Realty Executives International, Inc. has awarded 24 franchises since January 1, 2011, including new offices in Winnipeg, Saskatoon - and Saudi Arabia.

In the months of May, June and July Subway franchisees have opened nearly 600 new locations in 48 countries, 42 U.S. states and seven Canadian provinces, bringing the total of new Subway restaurants to just over 1,200 for the year so far.

PropertyGuys.com currently has 106 franchises across Canada and sees Metro Vancouver as its next great opportunity for expansion.

It usually takes a lot of money to buy a franchise, and you certainly don't want to waste any. Check this list of seven costly mistakes to avoid before purchasing a franchise, courtesy of FranchiseHelp.com 1. Letting emotions rule.

Embroidery franchise EmbroidMe has signed a Master Franchise Agreement with serial franchisee Stuart Erskine to develop the brand in Canada over the next few years with initial focus on Alberta and Ontario.

A recent survey by BMO Bank of Montreal has found that an overwhelming majority (91 per cent) of Canadian franchisees are optimistic that the economy will grow or remain the same this year.

U.S. retail giant Target Corp. has named the first 105 locations it will banner after taking over the Zellers chain from Hudson's Bay Co. The stores, including 34 in Western Canada, will open in 2013 after undergoing renovations and rebranding. B.C.

The sudden departure of Tim Hortons Inc. president and chief executive Donald Schroeder may signal a pull back in the company's ambitious U.S. expansion strategy, a retail analyst said. Tim Hortons has nearly 600 restaurants in the U.S.

Victoria restaurateur Terry Vassiliadis is blaming the haromized sales tax (HST) for the closing of his first franchise under the Eugene's Greek Restaurant banner.

Yum! Restaurants International, Canada and its KFC brand has found a new soul mate in its most recent Canadian franchise partner, Soul Restaurants Canada Inc.