Tim Hortons parent company RBI wants to have 40,000 restaurants worldwide

Andrew Cummings
May 18, 2019

"Forty thousand restaurants worldwide will put us amongst the largest restaurant companies in the world", said CEO Jose Cil at the company's first investor day in NY on Wednesday.

The parent company of Burger King, Popeyes Louisiana Kitchen and Tim Hortons is primed for aggressive expansion in the coming years.

"If you ask us, we're still in the early days of this exciting growth journey", he said.

Tim Hortons is adding Beyond Meat to its menu. Visit MarketWatch.com for more information on this news.

Nevertheless, Burger King opened its 1,000 restaurant in China in December 2018, some 13 years after it first entered the country.

"T$3 he Beyond Breakfast Sausage™ allows all Tims guests, including vegans and meat lovers alike, to enjoy the taste and satisfaction of a breakfast classic they know and love, without sacrifice", says Tim Hortons in a media release. The sandwiches will be tested at a few locations in Canada to start.

"Canadians are looking to incorporate plant-based options into their diets and we're thrilled to partner with Beyond Meat to test three Beyond Meat Breakfast Sandwiches - including an entirely vegan offering if the market test confirms the potential we see for the platform", Alex Macedo, Tim Hortons' president, said in a statement".

The company, which has been affected by slowing growth at its three iconic brands, had brought in the head of its Burger King unit, Jose Cil, as its chief executive officer earlier this year.

Staples like sandwiches and wraps will have an option to be made with the 100% plant-based Beyond Meat sausage patty.

Last week, Recipe Unlimited Corp. announced it would launch a plant-based burger from Beyond Meat competitor Lightlife Foods in June.

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