Christine Dobby of the Financial Post reports that Doughnuts are an emotional food for Canadians. When Tim Hortons Inc. made a franchise-wide decision to ditch fresh-baked methods in favour of microwaving pre-cooked baked goods in-store, many people took it hard. Even company co-founder Ron Joyce, who sold the majority of his stake in the company in…
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CNBC reports that Starbucks Corp on Monday won dismissal of a lawsuit by former assistant store managers in New York who accused the world’s largest coffee chain of cheating them out of customer tips.
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Paul Frumkin reports in Nation’s Restaurant News that sandwich giant Subway is testing a more upscale format called Subway Café, which the company hopes will address the needs of franchisees looking to open in office buildings and other more high-end venues.
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S. John Tilak reports at Reuters that Tim Hortons Inc isn’t content to be Canada’s largest restaurant chain, not when the biggest consumer market in the world lies at its doorstep. Even though Canada’s coffee-and-donuts king has stumbled in the past in trying to replicate its success in the United States, it sees its latest marketing drive south of the border leading to strong sales momentum.
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Kim Peterson reports at MSN.com that coffee prices hit a 34-year high earlier this month, but Starbucks (SBUX) doesn’t seem to be too worried.
Read More »America’s fast food temple is celebrating its 30th anniversary in France with a coup -the opening of its 1,142nd Gallic outlet a few yards from the entrance to the country’s Mecca of high art and the world’s most visited museum. “This is the last straw,” said one art historian working at the Louvre, who declined to be named. “This is the pinnacle of exhausting consumerism, deficient gastronomy and very unpleasant odours in the context of a museum,” he told the Daily Telegraph.
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