You are here: Home » Reuters » News
Business Standard

Canada's Tim Hortons to enter China as it battles slump at home


By Nichola Saminather and Karan Nagarkatti(Reuters) - Fast-food company Restaurant Brands International said on Wednesday it plans to open 1,500 outlets of its Canadian coffee-and-donut chain Tim Hortons in China over the next decade, capitalizing on a growing cafe culture in the world's second-largest economy.The move, its biggest expansion outside of the core Canadian market, is part of new President Alex Macedo's two-pronged strategy to battle intense competition in the fast-food industry at home and to fix its bruised reputation."One is improving and increasing our leadership in Canada, ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Wed, July 11 2018. 20:40 IST