Major restaurant chain opens 12 coffee and baked goods locations in NYC; 3,500-store chain ranks as fourth largest in North America by market cap
One of North America’s largest quick service restaurant chains, today began serving its premium signature coffee, always fresh baked goods and variety of soups and sandwiches for the first time in New York City, a major market offensive that continues its ongoing U.S. expansion.
Tim Hortons has close to 3,500 locations in North America, including more than 500 in the U.S. Tim Hortons restaurants sell about two billion cups of coffee annually and account for more than seven of every 10 cups of coffee sold in quick service restaurants in Canada. “Tim Hortons is eager to bring 45 years of success in coffee and baked goods to one of the most important markets in America,” said Don Schroeder, president and CEO, Tim Hortons Inc. “Coming to New York City is a significant milestone in our U.S. expansion and we intend to deliver on our lasting commitments to speed of service, fresh quality products and great value.”Nine of the ten locations in Manhattan are scheduled to open today, including stores on Broadway, Madison Square Garden, Penn Station and Times Square. Two locations will open in Brooklyn.
Read the full Tim Hortons Press Release “Tim Hortons rolls into New York City” at Newswire.ca (July 13, 2009).