TH International dumps Popeyes to focus on struggling Tim Hortons
The Chinese fast-food operator is raising $50 million in new funding through the sale of convertible notes to its two founding partners Key Takeaways: TH International will return China rights…
TH International reaches Popeyes goal, but falls short on Tim Hortons
The operator of the two Western fast food chains in China said it has 919 stores, trailing its previously announced goal for 1,000 stores by the end of 2023 Key…
Tim Hortons Gobbles Up Popeyes in China
TH International, operator of Tims China, said it has reached an agreement to also operate the popular U.S. fried chicken chainKey Takeaways:TH International will take over operation of the Popeyes…