Reading Time: 2 minutes Reuters — Burger King parent Restaurant Brands International said on Tuesday that it stripped its most famous sandwich, the Whopper, from discount menus and will raise menu prices again this year as to offset higher costs. U.S.-listed shares of the company rose more than three per cent after it topped results estimates for the fourth […] Read more
Tim Hortons, Burger King parent to hike prices
BK pulling Whopper off discount menu
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
Reading Time: 2 minutes 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 […] Read more
Burger King pledges to end deforestation by 2030
Reading Time: 2 minutes Rio de Janeiro | Thomson Reuters Foundation — The owner of Burger King has pledged to eliminate deforestation from its supply chains by 2030 but scientists say the company is not moving fast enough to stop its hamburgers from destroying rainforests and the communities who depend on them. Restaurant Brands International, one of the world’s […] Read more
Tim Hortons parent updates antibiotic policy for chicken
Reading Time: 2 minutes 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, […] Read more
Tim Hortons owner confirms US$1.8B deal for Popeyes
Reading Time: 2 minutes 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 […] Read more
Tim’s, Burger King to cut some antibiotics from chicken supply
Reading Time: 2 minutes The parent of fast-food chains Tim Hortons and Burger King plans to end the use of certain medically important antibiotics in its Canadian chicken supply chain in 2018. Restaurant Brands International (RBI) in late December announced the new policy on its website, saying it “will work with our supply chain partners to support and implement […] Read more
Burger King, Tim’s owner says 2016 off to ‘great start’
Reading Time: 2 minutes Reuters — Restaurant Brands International said it was off to a “great start” this year, after new product launches at its Burger King and Tim Hortons chains in 2015 helped boost sales in a highly competitive market. Shares of the Ontario-based company, which reported a better-than-expected quarterly profit on Tuesday, rose as much as nine […] Read more
Burger King, Tim Hortons owner posts loss on deal costs
Reading Time: 2 minutes Toronto | Reuters — Restaurant Brands International Inc., formed out of Burger King’s takeover of coffee and doughnut chain Tim Hortons last year, saw robust quarterly sales growth at both brands, but posted a net loss due to one-time costs related to the merger. Shares of the company, which had jumped more than 40 per […] Read more
A message from April Stewart, Country Guide's Associate Editor
