Tim Hortons

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BRIAN5000
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Tim Hortons

Post by BRIAN5000 »

Tim Hortons raised its price for a large coffee from $1.95 to $2.09 yesterday in B.C :x Seeing my wife gives me an allowance of $2.00 a day I can no longer afford to go to Timmies every day unless I downsize my beverage.
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Re: Tim Hortons (THI)

Post by 2 yen »

BRIAN5000 wrote: 08 Jun 2017 14:38 Tim Hortons raised its price for a large coffee from $1.95 to $2.09 yesterday in B.C :x Seeing my wife gives me an allowance of $2.00 a day I can no longer afford to go to Timmies every day unless I downsize my beverage.
I'd say you've just been done a favor. :wink:

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Re: Tim Hortons (THI)

Post by robertro »

Some rumblings from the franchise owners...

"Tim Hortons franchisees launch $500M class-action suit against parent company "

http://www.cbc.ca/beta/news/business/ti ... -1.4167739
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Re: Tim Hortons (THI)

Post by Shakespeare »

Prices up, quality down.

Typical milking from LBO experts.
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Re: Tim Hortons (THI)

Post by lacrosse905 »

Have been in a few TH lately and it appears to save money they are cutting back on staff.
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Re: Tim Hortons (THI)

Post by randomwalker »

robertro wrote: 20 Jun 2017 13:41 Some rumblings from the franchise owners...

"Tim Hortons franchisees launch $500M class-action suit against parent company "

http://www.cbc.ca/beta/news/business/ti ... -1.4167739
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Re: Tim Hortons (THI)

Post by Shakespeare »

In driving around southern Alberta ISTM that THI is totally overbuilding. This can only result in cannibalization of same-store sales.
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Re: Tim Hortons (THI)

Post by AltaRed »

Shakespeare wrote: 22 Dec 2017 07:33 In driving around southern Alberta ISTM that THI is totally overbuilding. This can only result in cannibalization of same-store sales.
Indeed. There are multiple stores around us AND one in every 'hick town' along the main highways here. IMO, both food and coffee quality has deteriorated too. I have not purchased food there in at least a year. I'd rather go to McD for a coffee and one of their muffins.
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Re: Tim Hortons (THI)

Post by kcowan »

Yea I had a good ride with THI then took the cash buyout during the takeover.
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Re: Tim Hortons (THI)

Post by CROCKD »

AltaRed wrote:I'd rather go to McD for a coffee and one of their muffins.
+1
What a turnaround from the old days when McD coffee was terrible. Now according to a recent survey it is No.1. The survey listed 2nd Cup as No.2, followed by Starbucks with TH coming in 4th.
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Re: Tim Hortons (THI)

Post by randomwalker »

CROCKD wrote: 22 Dec 2017 15:06
AltaRed wrote:I'd rather go to McD for a coffee and one of their muffins.
+1
What a turnaround from the old days when McD coffee was terrible. Now according to a recent survey it is No.1. The survey listed 2nd Cup as No.2, followed by Starbucks with TH coming in 4th.
Do the rankings translate into sales? If they don't then the rankings are meaningless from an investor's point of view. Personally I've yet to see them standing in a line 30 deep for coffee at a Second Cup.
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Re: Tim Hortons (THI)

Post by randomwalker »

from the Tim Horton's FAQ page,

Is there nicotine or MSG in Tim Hortons Coffee?

This urban myth is just that...a myth!

Tim Hortons guests expect and deserve high quality coffee that is always fresh and consistent, along with fast, efficient service and all at a good value. Tim Hortons would like to clearly state that there is absolutely NO nicotine or MSG in our coffee. Tim Hortons coffee has NO ADDITIVES whatsoever. It is made only from a blend of the highest quality premium Arabica beans from several different coffee growing countries.

Tim Hortons decaffeinated coffee also contains no additives. It is decaffeinated through what is called the Swiss Water method, which is the purest manner of removing caffeine from the coffee. Tim Hortons believes that our focus on quality, service and value, is what keeps our guests coming back for more!

https://www.timhortons.com/ca/en/corporate/faq.php
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Re: Tim Hortons (THI)

Post by Insomniac »

If the rankings are based on sales, did they do the rankings during during the "roll up the rim" period? I don't think so! :lol:
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Re: Tim Hortons (THI)

Post by Taggart »

I used to own shares in Tim Horton's before I had to sell them unwillingly in the buyout. In reality though, my wife and I would purposely avoid visiting Tim Horton's whenever we wanted a coffee outside.

I liked Tim Horton as a hockey player though, the last time I watched the Leafs during their Stanley Cup victories (on black & white TV).
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Re: Tim Hortons (THI)

Post by 2 yen »

Mind-blowing how burnt coffee has been so successfully marketed.

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Re: Tim Hortons (THI)

Post by randomwalker »

2 yen wrote: 23 Dec 2017 05:34 Mind-blowing how burnt coffee has been so successfully marketed.

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Not really. When you can sell bottled water to Canadians you can sell them anything. I grew up hear the expression "Why that would be like selling sand to Saudis" as in next to impossible.

I think that one of the lasting lessons coming out of WWII was that with the right propaganda or in peace time "marketing" you can lead the population around by the nose.
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Re: Tim Hortons (THI)

Post by 2 yen »

randomwalker wrote: 23 Dec 2017 12:03
2 yen wrote: 23 Dec 2017 05:34 Mind-blowing how burnt coffee has been so successfully marketed.

2 yen
Not really. When you can sell bottled water to Canadians you can sell them anything. I grew up hear the expression "Why that would be like selling sand to Saudis" as in next to impossible.

I think that one of the lasting lessons coming out of WWII was that with the right propaganda or in peace time "marketing" you can lead the population around by the nose.
I think that's my point, better articulated by you.

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Re: Tim Hortons (THI)

Post by randomwalker »

Time to short Restaurant Brands International (QSR)? Does billionaires telling the working poor that they're earning too much turn into a public relations nightmare or possibly a boycott of Tim Hortons and Burger King?

https://www.vice.com/en_ca/article/7xe4 ... nefit-cuts
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Re: Tim Hortons (THI)

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randomwalker wrote: 05 Jan 2018 06:48 Time to short Restaurant Brands International (QSR)? Does billionaires telling the working poor that they're earning too much turn into a public relations nightmare or possibly a boycott of Tim Hortons and Burger King?

https://www.vice.com/en_ca/article/7xe4 ... nefit-cuts
Tim Horton's is about community for many people. They will curse their server's bosses, but will still want to hang out. The down home shtick that Tim's uses has been very successful, too - along with the low end coffee.

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Re: Tim Hortons (THI)

Post by Profit not Prophet »

Beside's when was the last time the Premier backed a winning horse? Given a coin toss I'd lean to the business winning rather than the gov't, they win battles but go back to sleep and business carries on. I don't hold QSR, willing to bet this is forgotten in a couple moments, hours, days at most.
Last edited by Profit not Prophet on 05 Jan 2018 12:46, edited 1 time in total.
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Re: Tim Hortons (THI)

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Profit not Prophet wrote: 05 Jan 2018 09:08 Beside's when was the last time the Premier backed a winning horse? Given a coin toss I'd lean to the business winning rather than the gov't, they win battles but go back to sleep and business carry's on. Don't hold QSR, willing to bet this is forgotten in a couple moments, hours, days at most.
Governing party since 2003 I believe. Surprisingly so. But there it is.
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Re: Tim Hortons (THI)

Post by Peculiar_Investor »

FWIW there is an easily found Watercooler topic about the change to the minimum wage. It might be particularly useful to continue there if FWF'ers want to debate/discuss the political angle rather than the financial impact to Tim's and/or it's parent company.
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Re: Tim Hortons (THI)

Post by Shakespeare »

https://www.theglobeandmail.com/busines ... enovation/
“This is just one more in the string of ill-conceived programs brought forward by a group of executives who do not understand foodservice, franchise operations or marketing,” the letter reads.

Restaurant Brands International, “wants to fix a problem it cannot solve, mainly lack of sales, by getting us to spend money while they contribute very little,” the letter said.

Tim Hortons recorded a fifth consecutive quarter of sluggish sales in mid-February, according to RBI’s most recent quarterly earnings report.
The lack of sales is due to overbuilding, not store appearance.

The best way to upgrade the stores is to close some of them.
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Re: Tim Hortons (THI)

Post by AltaRed »

I agree partially. The proliferation of franchises boggles the mind. We have 3 of them in less than a 5 km stretch on our main drag through town. There are 2 in the business park vicinity of our airport and one inside the terminal. It is nuts.

But in addition, the food is terrible and the coffee is weak. Yuck!
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Re: Tim Hortons (THI)

Post by 2 yen »

AltaRed wrote: 27 Mar 2018 20:46 I agree partially. The proliferation of franchises boggles the mind. We have 3 of them in less than a 5 km stretch on our main drag through town. There are 2 in the business park vicinity of our airport and one inside the terminal. It is nuts.

But in addition, the food is terrible and the coffee is weak. Yuck!
Overbuild for sure. People, in general, are becoming much more sophisticated in their consumption habits. Why is McDonald's trying to appear healthy? Why are sales of the middle aisles (processed foods and junk) in supermarkets declining? Why has Campbell's soup laid off hundreds recently (might a salty, fatty product have something to do with it?)? Why have bowl type meals (perceived as being healthy) taken off recently? Change or die is the new mantra. Tim's is a crap product being marketed to people who are not as dumb as management likes to think.

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