| |
| |
| FF&E Purchasing Solutions |
| Free Hospitality Publications |
|
|
|
Restaurant Industry News
|
Sunday June 11th, 2006 |
 |
Tim Hortons projects 180-200 new stores in 2006
|
 |
Tim Hortons Inc. is aiming to open up to 200 new coffee-and-donut stores in Canada and the United States and said it expected Canadian same-restaurant sales to grow 4 percent to 5 percent, slightly off its recent pace, executives told potential investors on Monday. |
The Canadian icon, which also plans on opening a store in Afghanistan where many Canadian troops are stationed, is preparing to offer about $551 million in shares, representing a 15 percent stake in the company, this week in an initial public offering, as No. 3 U.S. burger chain Wendy's International Inc. (NYSE:WEN) prepares to spin it off.
The shares are expected to price Thursday night for a Friday debut, according to Dealogic.
"We have significant new restaurant expansion opportunities in both Canada and the areas where we have established the brand in the United States," Paul House, the Oakville, Ontario-based chain's president and chief executive officer, said in the road show presentation, seen at RetailRoadshow.com
External Source - For the complete article click here
Source - Reuters
|
|
|
 |
|
 |
|
|
| Is Tim Horton's Worth the Hype? |
| Tim Hortons Announces 2006 Strong First Quarter Sales in Canada and U.S. |
| Tim Hortons Reaffirms Upcoming IPO Plans |
| Tim Hortons firms up IPO plans |
| Wendy's Schuessler May Speed Up Tim Hortons IPO |
|
|
 |
| An innovative opinion survey system that is fully customizable with guaranteed feedback within twenty-four hours-no more waiting for results. |
| www.hrirsatellite.net |
|
|
|
 |
| Your source for low-price, high-quality kitchen equipment & decorative furnishings - from 'one-off' replacements to large scale purchases. |
| www.avendra.com |
|
|
|
 |
| Creates web sites for the hotel, hospitality and restaurant industries that are easy to navigate and update. Sites are custom designed, search engine optimized and affordable. |
| www.hotelresource.com |
|
|
|
 |
| Simple, yet powerful, accounting, financial and management products and services for restaurant operators. |
| rrgconsulting.com |
|
|
|
 |
| Generate incremental revenue via subscription services that complement your ecommerce strategy. |
| www.webloyalty.com |
|
|
|
 |
| Trade Publications FREE to Qualified Professionals. No hidden or trial offers, and no purchase necessary. |
| tradepub.com |
|
|
|
|
Mail Me 
Print Me 
PDF Me
