Let’s
talk about a great way to start your day.
If you lived in Canada, you would say stopping at Tim Hortons would be the best way to
get off too a great start. Today, there
are close to 628 Tim Hortons in the United States which seems like just too few
as Canada is so close to the U.S. and most US restaurant brands crowd the
streets in every province of Canada.
According
to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® companies
the ilk of Mr. Sub and Tim Hortons don’t seem to be getting
the exposure in the US that they should.
Consider this, TH International Limited, the exclusive operator of Tim
Hortons coffee shops and Popeyes restaurants in China, announced that it has
opened its 700th coffee shop and expanded into China’s Northwest as part of its
broader growth plans.
Now
that 700th store is the first in the northwest city of Yinchuan and spearheads
Tim’s continuing geographic expansion across China. A city of nearly three
million people, Yinchuan is a fabled stop along the Silk Road, where Chinese and
Arab merchants have met and traded for centuries. Tim’s celebrated the
milestone opening with a festive celebration and traditional lion dance,
welcoming guests to witness the ribbon cutting and taste Tim’s signature
warmth.
The
Yinchuan store is one of dozens of franchised stores that Tim’s China is
opening in June and July, a key part of the company’s disciplined growth
strategy to expand its geographic reach to over 1,000 locations by the end of
2023. Franchising allows Tim’s to develop stores at attractive locations, with
great local partners, and with greater capital efficiency. Tim’s plans to open
more stores in other underpenetrated cities in the coming months to support its
growth, demonstrated by its 16%+ monthly same-store sales growth from February
through May of this year.
Yongchen
Lu, CEO of Tim’s China, said, “Our development team did an amazing job with our
700th store in Yinchuan. We designed this location to capture the unique
culture and contrasts of this special part of China, and we hope both local
guests and tourists feel that when they visit us. We look forward to opening
more stores in the region as we continue to expand.”
If
you have not visited a Tim Hortons the team at Foodservice
Solutions® thinks it about time you did.
Invite Foodservice Solutions® to complete a
Grocerant ScoreCard, or for product positioning or placement assistance, or
call our Grocerant Guru®. Since 1991 Foodservice
Solutions® of
Tacoma, WA has been the global leader in the Grocerant niche. Contact: Steve@FoodserviceSolutions.us or
253-759-7869
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