BRIEF: TH International revenue falls as same-store sales plunge
TH International Ltd. (THCH.US), operator of the Tim Hortons restaurant chain in China, said on Tuesday its revenue fell 17.1% year-on-year to 360 million yuan ($50 million) in the third…
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 expansion plans slow on need for ‘more capital’
The operator of the Tim Hortons chain in China is falling behind its aggressive expansion plans amid disagreement with the brand’s owner about new investment Key Takeaways: TH International needs…
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…
FAST NEWS: TH International relaunches Popeyes chain in China
The Latest: Restaurant operator TH International Ltd. (THCH.US), which also uses the name Tims China, said on Monday it opened its first restaurant from the popular Popeyes fast food chain…
Domino’s China franchisee DPC Dash turns up the heat in aggressive expansion
The recently listed company is aiming to boost its store count to 1,500 by 2026 from 588 at the end of last year Key Takeaways: Domino’s China franchisee DPC Dash…
FAST NEWS: TH International continues expansion despite fourth-quarter Covid hit
The Latest: TH International Ltd. (THCH.US), operator of the Tim Hortons restaurant chain in China, reported its revenue rose 34.6% year-on-year in last year’s fourth quarter to 301.5 million yuan…
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