Tuesday, September 2, 2014

Tim Hortons and Burger King


Tim Hortons started in 1964 in Hamilton, Ontario. They focused on top quality, always-fresh product, value, and great service. It soon grew into the largest quick service restaurant chain in Canada; specializing in fresh coffee, baked goods, and home made style lunches. The first restaurant only served two items on the menu; coffee and donuts. The selection of donuts were their Apple Fritter and the Dutchie, both were original creations. These donuts became popular in the 60s and still are till this day. The biggest change is when they introduced their bit size donut, the Timbit. Though out the years they brought out many varieties including, muffins, cakes, pies, croissants, cookies, and soups & chili. In 2003, they introduced Turkey Bacon Club sandwich and Maple Pecan Danish were added. Two years later Tim Hortons introduced, Yogurt & Berries, Cinnamon Roll and Hot Smoothee to the menu. But in 1995 they merged with Wendy’s, a US company. They used this merging for expansion to the United States, not you can find Tim Hortons across the United States such as, Michigan, Maine, Connecticut, Ohio, West Virginia, Kentucky, Pennsylvania, Rhode Island, Massachusetts and New York. There are more than 3,000 restaurants in Canada, and over 600 locations across the US. Now Tim Hortons is trying to merge with one of the top American companies, Burger King. One of the problems is that Burger King like “all quick-service companies, still faced a challenge. People in the U.S. weren’t visiting these restaurants any more than in the past”. Americans are rightly angry that Burger King plans to use its merger with the Canadian doughnut and coffee chain Tim Hortons to claim Canadian citizenship, probably as a way to avoid paying U.S. taxes -- which the burger chain denies. But Burger King is the latest company to undergo an inversion, which happens when an American company uses a merger to reincorporate as a foreign one”(http://www.cnn.com/2014/08/27/opinion/mcintyre-burger-king-merger).

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