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Aegis Brands Completes Sale of Second Cup Coffee Co. to Foodtastic

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MISSISSAUGA, Ont. — Aegis Brands Inc. announced Monday that it’s completed the sale of its specialty-coffee brand, Second Cup Coffee Co., to Quebec-based Foodtastic Foodtastic...

Maple Leaf Foods Sells Quebec Poultry Plant

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MISSISSAUGA, Ont. — Maple Leaf Foods Inc. has announced the sale of its poultry plant in Drummondville, Que., and associated supply, to Giannone Poultry...

Nestlé Canada to Sell Nestlé Pure Life Business to Ice River...

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TORONTO — Nestlé Canada Inc. has agreed to sell its Nestlé Pure Life bottled water business to Ice River Springs. The sale is contingent...

Carl’s Jr. Canada Launches Bacon Swiss Crispy Chicken Sandwich

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CALGARY — Carl’s Jr. Canada unveiled the newest addition to its menu last week, the Hand-Breaded Bacon Swiss Crispy Chicken Filet Sandwich, with a...

Darden Sells Red Lobster

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ORLANDO, Fla. — Months after announcing it was pondering the future of its troubled Red Lobster brand, Darden Restaurants has agreed to sell the casual-dining chain to Golden Gate Capital, a San Francisco-based private equity investment firm, for $2.1 billion.

Wendy’s Sells 30 U.S. Restaurants to Former NBA Players

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ST. LOUIS — Thirty Wendy’s units in the St. Louis market have been sold to BB St. Louis, which is headed by two former...

Food Truck Business May Not Be For Everyone

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Despite the popularity of some food trucks, the Huffington Post reports that many such businesses are showing up for sale on eBay. ...

Priszm Completes Sale Of Remaining Restaurants

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TORONTO — Priszm Income Fund has completed the sale of 65 restaurants located in Quebec to Olympus Food Inc. With the completion of this...

Court Approves Sale of 57 Priszm Restaurants

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TORONTO — The Priszm Income Fund, a Canadian owner of KFC restaurants, has received court approval for the sale of 57 restaurants in Alberta...

A New Day for Montreal’s Schwartz’s Deli?

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MONTREAL — Celine Dion’s husband and manager, Rene Angelil, is rumoured to be part of a group of investors vying for Schwartz’s Deli, an...