For the vast majority of people in the United States, the name Tim Hortons (THI) means absolutely nothing. However, talk to a Canadian and if they aren't smitten with the chain, their family, friends and neighbors probably are. THI devel...
For the vast majority of people in the United States, the name Tim Hortons (THI) means absolutely nothing. However, talk to a Canadian and if they aren't smitten with the chain, their family, friends and neighbors probably are. THI develops and franchises restaurants serving coffee, espresso, cappuccino and other specialty beverages along with donuts/baked goods, Paninis, soups, sandwiches and other delectable fare. Founded in 1964, as of December 31st, 2012, THI owns or franchises 4,264 restaurants: 3,436 in Canada, 804 in the U.S. and 24 in the Gulf Cooperation Council (the political/economic union of countries primarily on the Arabian Peninsula).While THI is a dominant player in its home market, with one restaurant for every 10,000 Canadians (McDonald's (MCD) by comparison has one restaurant for every 24,500 Canadians), the company has experienced trouble translating this success south of the border. By the company's own estimates, Canadian expansion is near its