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Tag Archives restaurant brands international

A customer dines at a Burger King outlet in Shanghai on June 27, 2005. (File photo: Reuters/Ming Ming)
Livestock, Markets

Tim Hortons, Burger King parent to hike prices

BK pulling Whopper off discount menu

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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
(Firehouse Subs/BusinessWire)

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

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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
(Dave Bedard photo)
Livestock

Burger King pledges to end deforestation by 2030

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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
(Dave Bedard photo)
Livestock

Tim Hortons parent updates antibiotic policy for chicken

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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
(Popeyes via Businesswire.com)
Livestock

Tim Hortons owner confirms US$1.8B deal for Popeyes

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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

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