Tim Hortons to explain expansion
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With intense competition from Starbucks and McDonald’s, Tim Hortons is going to unveil its growth strategy next week after announcing earnings this week.
On Thursday, Tim Hortons will report 2013 financial results with expectations it will raise its dividend paid to shareholders.
During an investors day next week, executives are expected to outline how the company intends to ease long lineups, boost same-store sales, accelerate store renovations and simplify its offering. The company is exploring strategies to lure more customers outside the traditional breakfast and morning-snack segments of the day.
Its Roll Up the Rim contest starts today. This year for the chain’s 50th anniversary, there are 2 spots on every cup to win. The new bonus roll is for ten extra Toyota Corolla Sport prizes.
There are 47 million prizes this year. When Roll Up the Rim started in 1986, the biggest prize was a snack pack of Timbits.
