570 News in Toronto reports that Tim Horton's franchise owners have launched a near $2-billion lawsuit claiming lost profits since the iconic Canadian company switched from fresh-baked to frozen donuts. The $1.95-billion … [Read more...]
A Cup Good to the Last Drop-off
September 5, 2010 By Leave a Comment
Jenn Abelson reports in the Boston Globe that Coffee rivals join forces in quest for perfect green container. For more than four years, Hellyar, supply chain manager for Dunkin’ Donuts, has hunted for an alternative to … [Read more...]
Tim Hortons Sells Interest in Bakery to Partner
August 15, 2010 By Leave a Comment
Sunny Freeman reports in The Canadian Press that Tim Hortons announced Thursday morning it is selling its 50 per cent interest in Maidstone Bakeries of Brantford, Ont. to joint venture partner Aryzta AG for $475 million … [Read more...]
Tim Hortons U.S. Prototype Opens in Dayton, Ohio
May 23, 2010 By Leave a Comment
A quick-service restaurant institution from Canada has targeted the Dayton region to test its new concept stores. Tim Hortons, one of the largest restaurant chains in North America, has recently renovated two of its … [Read more...]
A look at the fastest-growing chains
April 7, 2010 By Leave a Comment
Mark Brandau of Nation's Restaurant News reports that the annual Technomic Top 500 report found that 2009 was a brutal year for the industry’s largest concepts, with aggregate systemwide sales for the largest chains … [Read more...]
Tim Hortons Plans 900 New Sites By 2013
March 6, 2010 By 1 Comment
Judy McKinnon, of Dow Jones Newswires reports that Tim Hortons Inc. (THI) plans to open about 900 locations in North America by 2013, including about 600 in Canada, and is forecasting 2010 earnings of C$1.95-C$2.05 a … [Read more...]
Tim Hortons Plans Menu Expansion to Compete with Starbucks, Dunkin’ Donuts
March 6, 2010 By Leave a Comment
The New York Daily News reports that Tim Hortons is brewing up a fresh strategy to take on Starbucks and Dunkin' Donuts. The big Canadian coffee chain said Friday it would open hundreds of new cafés, including in New … [Read more...]
Tim Hortons Profit Rises, Boosts Payout
February 26, 2010 By Leave a Comment
The Canadian Press reports that Tim Hortons Inc. THI-T brewed up a bigger profit in its latest quarter and is preparing to serve up higher dividends for its shareholders. The Ontario-based restaurant company says … [Read more...]
Tim Hortons Bets on Michigan Expansion
February 23, 2010 By 1 Comment
Jennifer Youssef of The Detroit News reports that as Starbucks Corp. shutters stores in Michigan -- seven closed last year and 11 more are on the chopping block -- Canada's Tim Hortons Inc. is moving in to serve … [Read more...]
Tim Hortons Arriving in Capital Area — at UAlbany
February 6, 2010 By Leave a Comment
Steve Barnes reports at The Times Union that Tim Hortons, a 46-year-old Canadian chain of coffee and doughnut shops, will open its first Capital Region location in the fall, at the University at Albany’s Campus … [Read more...]
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