Tim Hortons, the Canadian coffee shop chain, is boosting its UK expansion plans saying it wants to open an outlet in “every major city and town” in the UK in the next two years. 2,000 new jobs could be created by 2022. The announcement follows the release of results which show a 37% increase in year-on-year sales in UK and Ireland.
UK & Ireland chief commercial officer for UK and Ireland, Kevin Hydes, said: “Despite challenging times for the sector, our drive-thru and flagship locations have delivered exceptional performance and our model is proving to be well attuned to the evolving needs of customers at this time.”
Source: IGD Research
Tim Hortons first opened in the UK in Glasgow in 2017 and now has 23 sites in the north of England, Scotland, Northern Ireland and Wales. Its next new store will be its most southerly yet – a drive thru site in Milton Keynes.
As outlined in our recent UK food-to-go market forecast 2020-22 and Food-to-go store of the future reports, the drive thru format has been most resilient during the pandemic leading global operators to announce new versions adapted to the acceleration of digital ordering channels.
Tim Hortons believes it has a real opportunity to grow its presence through this format and is looking for suitable locations.
About Tim Hortons
Founded in 1964, Tim Hortons is one of the largest donut/coffee/tea restaurant chains in North America and the largest in Canada. It is owned by fast food giant Restaurant Brands International (RBI), which also owns Burger King and Popeye’s Chicken. RBI company has more than 27,000 restaurants across the world, operated through a franchise model. At Tim Hortons, which has more than 4,900 locations globally, system sales fell more than 30% in Q2 2020 compared to a 1.6% increase over the same period last year, however comparable sales were improving at the start of Q3.
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