Brazilian Owned Burger King Looks To Buy Tim Hortons
- Thread starter tay
- Start date
Same thing happened in Vancouver if I remember right. I think we still have a few Krispy Kremes around here but I've never had one. Everyone was like "oh no look out Tim Hortons" and then nothing happened. I think it's because no one really cares about donuts.
They were also incredibly bad for you. Tim's survives on coffee sales not the dougnuts.
If you enjoy eating raw uncooked dough, go for a Krispy Kreme! Eating an actual doughnut that has been cooked throughout ~ Timmy or Dunk'n are much better.Tim Horton's is a second rate donut shop.. until you have had a Krispy Kreme, you haven't lived yet. :lol:
Made fresh in the store, warm and melts in your mouth.
with a huge selection..
...or the alternative, Timmies will ship there day old crap and you will buy it..
I don't like to eat any pastry that requires my stomach to complete the baking process as with anything from Krispy Kreme.
Krispy Kreme was a novelty for those donuts right out of that donut thingy. But D&Ds buried them eventually. The coffee sales just did not catch on.
Down in the Southern states... Krispy Kreme is alive and well.
Interesting the second lowest tax rate and this is going to make more jobs ya right.
We ended up with fast food joints bringing in foreign workers and cutting Canadian
jobs in addition they take advantage of not paying their fair share of the countries
services I don't have an issue with who owns what but collectively they're not paying
and the middle class and working stiff is paying the shot.
We ended up with fast food joints bringing in foreign workers and cutting Canadian
jobs in addition they take advantage of not paying their fair share of the countries
services I don't have an issue with who owns what but collectively they're not paying
and the middle class and working stiff is paying the shot.
Tim Hortons Inc planning ‘significant’ layoffs at head offices next week:
more
Tim Hortons Inc planning ‘significant’ layoffs at head offices next week: sources | Financial Post
more
Tim Hortons Inc planning ‘significant’ layoffs at head offices next week: sources | Financial Post
The overlap between the 2 companies was bound to be eliminated.
There's also a good chance that some of the Timmy's people will get transferred over to BK
There's also a good chance that some of the Timmy's people will get transferred over to BK
Tim Horton's is a second rate donut shop.. until you have had a Krispy Kreme, you haven't lived yet. :lol:
Made fresh in the store, warm and melts in your mouth.
with a huge selection..
...or the alternative, Timmies will ship there day old crap and you will buy it..
(donuts) lol Krispy Kreme, those things will kill you
when they first came to my city they needed a cop to direct traffic by the store...they were that busy....
then, the novelty wore off and they closed
This Burger King?
Burger King, often abbreviated as BK, is a global chain of hamburger fast food restaurants headquartered in unincorporated Miami-Dade County, Florida, United States. The company began in 1953 as Insta-Burger King, a Jacksonville, Florida-based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954, its two Miami-based franchisees, David Edgerton and James McLamore, purchased the company and renamed it Burger King. Over the next half century, the company would change hands four times, with its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners, taking it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in BK in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with partner Berkshire Hathaway, eventually merged the company with Canadian-based donut chain Tim Hortons.
At the end of fiscal year 2013, Burger King reported it had over 13,000 outlets in 79 countries; of these, 66 percent are in the United States and 99 percent are privately owned and operated with its new owners moving to an entirely franchised model in 2013. BK has historically used several variations of franchising to expand its operations. The manner in which the company licenses its franchisees varies depending on the region, with some regional franchises, known as master franchises, responsible for selling franchise sub-licenses on the company's behalf. Burger King's relationship with its franchises has not always been harmonious. Occasional spats between the two have caused numerous issues, and in several instances the company's and its licensees' relations have degenerated into precedent-setting court cases.
Burger King - Wikipedia, the free encyclopedia
Burger King, often abbreviated as BK, is a global chain of hamburger fast food restaurants headquartered in unincorporated Miami-Dade County, Florida, United States. The company began in 1953 as Insta-Burger King, a Jacksonville, Florida-based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954, its two Miami-based franchisees, David Edgerton and James McLamore, purchased the company and renamed it Burger King. Over the next half century, the company would change hands four times, with its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners, taking it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in BK in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with partner Berkshire Hathaway, eventually merged the company with Canadian-based donut chain Tim Hortons.
At the end of fiscal year 2013, Burger King reported it had over 13,000 outlets in 79 countries; of these, 66 percent are in the United States and 99 percent are privately owned and operated with its new owners moving to an entirely franchised model in 2013. BK has historically used several variations of franchising to expand its operations. The manner in which the company licenses its franchisees varies depending on the region, with some regional franchises, known as master franchises, responsible for selling franchise sub-licenses on the company's behalf. Burger King's relationship with its franchises has not always been harmonious. Occasional spats between the two have caused numerous issues, and in several instances the company's and its licensees' relations have degenerated into precedent-setting court cases.
Burger King - Wikipedia, the free encyclopedia
probably...don't know...I live in Southern Ontario and I believe it might have only lasted a year or so in my city...if I wanted one I would need to drive to Toronto closest is probably Mississauga
people around here are big Tims people and not really for the donuts it's more for the gathering...people meet before work and grab a coffee and a gab and then grab a coffee to go...most Tims around here are crowded all day from 5 AM onward slow around dinner...pick up again around 7. I have a Keurig so it's not really my thing.
there's a Tims practically on every third block...in order to have a Tims open near another the first has to do 1.5 mill I think...they are actually all franchised and hard to get your hands on