Tim Hortons Inc. is a Canadian fast food restaurant known for its coffee and doughnuts. It was founded in 1964 in Hamilton, Ontario by Canadian hockey player Tim Horton and Jim Charade, after an initial venture in hamburger restaurants. In 1967 Horton partnered with investor Ron Joyce, who quickly took over operations and expanded the chain into a multi-million dollar franchise. Jim Charade left the organization in 1966 and briefly returned in 19...
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Tim Hortons Inc. is a Canadian fast food restaurant known for its coffee and doughnuts. It was founded in 1964 in Hamilton, Ontario by Canadian hockey player Tim Horton and Jim Charade, after an initial venture in hamburger restaurants. In 1967 Horton partnered with investor Ron Joyce, who quickly took over operations and expanded the chain into a multi-million dollar franchise. Jim Charade left the organization in 1966 and briefly returned in 1970 and 1993 through 1996.
Tim Hortons franchises spread rapidly and eventually overtook McDonald's as Canada's largest food service operator. The company opened twice as many Canadian outlets as McDonald's and system-wide sales also surpassed those of McDonald's Canadian operations as of 2002. The chain accounted for 22.6% of all fast food industry revenues in Canada in 2005. Tim Hortons commands 76% of the Canadian market for baked goods (based on the number of customers served) and holds 62% of the Canadian coffee market (compared to...
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