SPC Samlip South Korean food and beverage manufacturing company, has brought its Paris Baguette bakery-cafe brand to Canada. The move is part of its global expansion goal.
The first Paris Baguette store in Canada was inaugurated in Toronto, and SPC Samlip is reportedly planning to open seven additional branches in the country before this year ends. The company revealed the opening of the first Paris Baguette outlet in the region on Thursday, March 23.
With the new store in Canada, the bakery-cafes global presence has now expanded to 10 countries. As per The Korea Economic Daily, SPC set up the first Paris Baguette store on the first floor of Toronto’s Yonge Sheppard Centre. With a floor area of 214 square meters, the store can accommodate about 20 dining customers.
It is a self-service outlet that offers a variety of food items, including popular strawberry cream cakes, sandwiches, and salads. Drinks are also available to complete the meal.
Paris Baguette has opened many locations overseas, but these are directly owned by SPC Samlip. In the case of its first Canadian bakery store outlet, it was opened via a franchise agreement. It was noted that SPC has been applying the business knowledge it has accumulated through its franchise business in the U.S. to expand in other areas as well.
The planned opening of seven additional stores in Canada this year will increase Paris Baguette’s presence in the North American region. This will also bring the number of its stores to over 1,000 by 2030.
"Canada is a strategically important market for us due to its position in the English-speaking world and its coverage of the French cultural sphere," He Jin Soo, SPC Samlip’s chief executive officer who also manages Paris Baguette’s global business, said in a statement.
Darren Tipton, Paris Baguette North America’s CEO, further said in a press release, "The expansion of our bakery cafés into Canada marks an exciting period of growth for Paris Baguette and we can't wait to celebrate moments of joy with our guests as we establish our neighborhood bakery cafés in Toronto and bring our vision to life throughout Canada."


Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Washington Post Publisher Will Lewis Steps Down After Layoffs
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Thailand Inflation Remains Negative for 10th Straight Month in January
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Instagram Outage Disrupts Thousands of U.S. Users
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 



