Liquid Nutrition Group, a retailer of functional beverages, fresh pressed juices, vitamins and supplements, has signed five new franchise agreements.

The new stores will be located at The Holt Renfrew Shopping Center, Toronto, Ontario; The MaRS Discovery Center, Toronto Ontario; and Clarkson Crossing Shopping Center, Mississauga, Ontario.

Besides this, the company has also signed up its first two US franchises in New Orleans and Columbus.

Restructuring its businesses, Liquid Nutrition discontinued the sale of multi-year area development agreements and also modified its Franchise Recruitment Strategy.

The company now focuses on selling single, double or triple unit agreements to operators who can open their stores in the same year in which they purchase their franchise.

Liquid Nutrition group president and chief marketing officer Chantal Chamandy said the company is pleased to have their brand associated with these high profile and sought after locations.

"We believe that our new franchise recruitment strategy will allow the Company to grow faster by opening stores at a quicker rate," added Chamandy

Liquid Nutrition Group is a growing, hybrid retailer of functional beverages, fresh pressed juices, vitamins and supplements.

Liquid Nutrition, through its wholly owned subsidiary, currently has signed franchise agreements for 22 stores in Canada and the USA, as well as license agreements in the Caribbean and the Middle East.