Last year, Tim Hortons and Burger King bounced back.
By contrast, Popeyes sales jumped 17.7% in that same period, thanks in part to customer interest in the chain’s chicken sandwich. In 2020, system-wide sales at Tim Horton restaurants fell by 17.5% compared to the year prior, and sales at Burger King spots dropped 11.1%. It’s been a jewel in RBI’s portfolio, especially when compared to the challenges its other brands faced early in the pandemic. “We’re just scratching the surface on opportunities for Popeyes, and I firmly believe that the brand is poised to become one of the fastest growing in the industry.”Ĭil’s comments are reflected in Popeyes’ performance during the pandemic. “Development remains a key priority … for the brand for long-term growth,” Cil said during an analyst call in February. Siddiqui’s comments echo those made by RBI CEO Jose Cil earlier this year. “The majority of growth is expected in the US and Canada, where the business has accelerated substantially.” “Popeyes is one of the fastest-growing brands within RBI, particularly as it relates to building new restaurants,” Popeyes president Sami Siddiqui told CNN Business. RBI is hoping to spur even more growth with the expansion investment. (QSR), which also owns Burger King and Tim Hortons.
#POPEYES CHICKEN NEAR ME OPEN NOW DRIVER#
Popeyes has already been a growth driver for parent company Restaurant Brands International
The Times Square restaurant, set to open in the fall, will include special features such as a new design, branded merchandise, self-serve kiosks and some type of 21st-century dumbwaiter described as a “two-story food transporter” for customers dining on the second floor.
Eric Gay/APĪ handful of the new restaurants will be in New York City, including a new flagship location in Times Square as well as others in Manhattan and Staten Island. Popeyes is planning to open over 200 new restaurants in the United States and Canada this year.
0 kommentar(er)
