Tim Hortons Arrives in the Big Apple

Anneleen Naudts, writes at Citynews.ca that Tim Horton’s has arrived in Manhatten. “It’s all the buzz,” says Pat Kiernan, Canuck and morning anchor of NY1 in New York City.

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Restaurants Burned by Deep Discounts

Julie Jaron writes in the Wall Street Journal The deep discounts that restaurant chains have been offering to lure cash-strapped customers out of their kitchens are coming back to bite them. Restaurant chains ranging from Denny’s to Applebee’s this year have been giving away food or offering deals to boost traffic slowed by the recession.

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McDonald’s Continues to Press Forward

Hugh Robert reports at Masslive.com that while many restaurants – independent and chain-operated alike – struggle with today’s challenging business environment, Oak Brook, IL-based McDonald’s Corporation, with over 31,000 restaurant worldwide, continues to innovate at a pace that’s leaving the rest of industry breathless.

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Starbucks Tests A New Tactic

Convenience Store Decisions reports that Starbucks Corp. is at it again. This time the coffee giant plans to remove its name from one of its Seattle-area stores and add alcohol to the menu, the Associated Press reported.

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Winners and Losers of the Minimum Wage Hike

Lisa Scherzer of Smart Money writes in the Wall Street Journal that Millions of American workers are about to get a federally-mandated raise, but the recession has left many wondering if and how the economy will benefit. The raise, which will go into effect on July 24th.

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Obama Administration To Rescind No-match Rule

Department of Homeland Security Secretary Janet Napolitano has announced the Department will be proposing a new regulation rescinding the Social Security Administration No-Match Rule – a regulation issued by the Bush Administration in August, 2007 and enjoined by a U.S. District Court since it was introduced.

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The Doughnut Wars Begin

Libby Nelson writes in the New York Times that over the weekend, 12 Dunkin’ Donuts restaurants in Manhattan and Brooklyn underwent a transformation, emerging Monday morning as the first New York City locations of Tim Hortons, a Canadian chain that sells coffee and baked goods. The Riese Organization, which owns the stores, recently ended its affiliation with Dunkin’ Donuts, hoping that another franchise would produce better profits.

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South Asian American Franchisees Gather and Discuss Business Practices

Don Sneigowski of Blue MauMau covers a meeting in Nashville, TN of thousands of Asian American entrepreneurs and professionals with roots from the southern part of India’s state of Gujarat are gathered together to discuss business, review pending legislative bills of concern to the community and to celebrate culture.

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Tim Hortons and Cold Stone: Co-Branding Strategies

Tim Hortons and Cold Stone Creamery have co-branded nearly 50 restaurant locations in the U.S. and Canada this year and are continuing to expand the partnership, which grew from a chance meeting between the company CEOs in early 2008. BusinessWeek columnist Steve McKee asked Dan Beem, Cold Stone’s president, and David Clanachan, Tim Hortons’ chief operations officer, to explain why they did it and how it has worked. Edited excerpts of the interviews follow.

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