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Foodtastic to Buy Freshii

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MONTREAL — Foodtastic Inc. has signed a deal to buy healthy fast-food restaurant chain Freshii Inc. for $74.4 million. Foodtastic CEO Peter Mammas says Freshii will help Foodtastic expand...

Operators adjust to new coffee-consumption trends

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Foodservice coffee sales are still feeling the impact of shifts caused by COVID-19. According to Toronto-based The NPD Group, Canadians had already begun consuming...

Recovery Mode: Last year started off shaky, but operators saw light...

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While foodservice operators continued to struggle in the first half of 2021, the latter part of the year signaled the beginning of the climb...

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...

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

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MISSISSAUGA, Ont. — Aegis Brands Inc. has entered into a definitive agreement to sell substantially all of the assets comprising its specialty-coffee brand Second Cup...

The 2020 Coffee and Tea Report

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Heading into 2020, plant-based offerings, including non-dairy milk alternatives and functional ingredients, were key trends impacting the coffee and tea segment, notes Sophie Mir,...

Second Cup Introduces Measures to Support Franchisees

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MISSISSAUGA, Ont. — The Second Cup Ltd. has announced new measures to support franchisees across Canada during the COVID-19 outbreak. “Our most-important priority remains protecting...

Coffee Chains Halt Use of Reusable Cups Amid COVID-19 Concerns

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TORONTO — Amidst growing COVID-19 concerns, three of Canada’s top coffee chains — Tim Hortons, Starbucks and Second Cup — are temporarily suspending the use...

Aegis Brands to Acquire Bridgehead Coffee

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MISSISSAUGA, Ont. — Aegis Brands has announced an agreement to acquire Ottawa-based coffee company Bridgehead Coffee for $9.5 million. This marks the first acquisition for...

The Second Cup Ltd. Announces New Structure and Strategy

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TORONTO — The Second Cup Ltd. is set to implement a new operating structure in support of its new strategy. Subject to TSX and...