Post by va3css on Mar 28, 2005 1:32:08 GMT -5
And yet in spite of that challenge, and the grim legacy of Canadian retail misadventures south of the border, something about Tim Hortons is working here.
The chain, owned by Dublin, Ohio-based Wendy's International Inc. since 1995, now has more than 250 franchises spread across 10 U.S. Northeast and Midwest states.
And it's on an aggressive push to double that number to 500 by 2007.
This would make it one of the fastest-growing chains in the saturated and hotly contested North American fast-food market.
U.S. same-store sales — the litmus test of retail success — grew at an impressive 10 per cent a year in 2004. And the chain is on track to match that again this year.
The chain, owned by Dublin, Ohio-based Wendy's International Inc. since 1995, now has more than 250 franchises spread across 10 U.S. Northeast and Midwest states.
And it's on an aggressive push to double that number to 500 by 2007.
This would make it one of the fastest-growing chains in the saturated and hotly contested North American fast-food market.
U.S. same-store sales — the litmus test of retail success — grew at an impressive 10 per cent a year in 2004. And the chain is on track to match that again this year.
Link to story.
Heh! Lookout, Dunkin' Donuts and Krispy Kreme!
