Canada's Tim Hortons to open 1,500 coffee shops in China

Canada's Tim Hortons to open 1,500 coffee shops in China
 

The Canadian coffee shop chain Tim Hortons has announced it will open more than 1,500 branches in China over the next decade.
“China’s population and vibrant economy represent an excellent growth opportunity for Tim Hortons in the coming years,” said Alex Macedo, president of the company known for its coffee and donuts.
“We have already seen Canada’s Chinese community embrace Tim Hortons and we now have the opportunity to bring the best of our Canadian brand to China,” his statement said.
Burger King bought the chain in 2014 for C$12.5bn ($11.4bn), and Tim Hortons now boasts 4,700 locations... read more

 
11 July 2018 in Business, Views: 132
Source: Guardian
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