Flip Flop Shops signs 100th franchise agreement

Atlanta -- Sandal retailer Flip Flop Shops announced Thursday it has signed its 100th franchisee agreement for a new store to be located in Universal Studios, Calif. The store will be followed by openings in Santa Monica and Las Vegas.

The announcement follows recent news about the growing chain’s master franchise deal for Canada, which will see units open across the country.

Since launching its franchise program in 2008, Flip Flop Shops has opened 40 shops throughout the United States, Canada, Guam and the Caribbean. More than 60 shops are currently in development, and the company has announced a global expansion strategy calling for 236 locations to open by 2013.