(Firehouse Subs/BusinessWire)

Tim Hortons parent to buy Firehouse Subs as other brands drag

Chain's comparable year-to-date sales up 20 per cent against pre-pandemic levels

Reuters — Tim Hortons parent Restaurant Brands International said Monday it will buy sandwich chain Firehouse Subs for US$1 billion, at a time when its popular brands are struggling due to increased competition from rivals launching new menu items. Analysts have said fried chicken sandwich pioneer Popeyes, owned by RBI, has been hurt by McDonald’s




(Dave Bedard photo)

Tim Hortons parent updates antibiotic policy for chicken

The parent company for the Tim Hortons and Burger King chains has tightened up its pledge to curb the use of antibiotics by its chicken suppliers. Restaurant Brands International on Thursday released its first “Sustainability Report,” outlining its work during 2016 in support of “sustainable practices that promote positive change.” Back in late December, Oakville,

(Popeyes via Businesswire.com)

Tim Hortons owner confirms US$1.8B deal for Popeyes

Reuters — Restaurant Brands International, owner of the Burger King and Tim Hortons fast-food chains, said on Tuesday it would acquire Popeyes Louisiana Kitchen for US$1.8 billion in cash. The deal is a bet by Oakville, Ont.-based Restaurant Brands that it can use its international reach to introduce Popeyes’ Louisiana-style fried chicken and buttermilk biscuits


A Popeyes Louisiana Kitchen outlet in Costa Rica. (Businesswire.com)

Tim Hortons owner reported near deal to buy Popeyes

Reuters — Restaurant Brands International, owner of the Burger King and Tim Hortons fast food chains, is nearing a deal to acquire Popeyes Louisiana Kitchen, people familiar with the matter said Monday. The deal, which will likely value Popeyes at more than US$1.7 billion, is a bet by Oakville, Ont.-based Restaurant Brands that it can