BK/Popeyes/Tim Hortons parent sees a sales comeback beginning
June 29, 2020
Restaurant Brands International, the parent company of Burger Kings, Popeyes and Tim Hortons, saw its sales fall by more than 30 percent in mid-March as locations were forced to close due to the novel coronavirus outbreak. With locations reopening, sales are beginning to come back. Popeyes saw its same-store sales jump in the “very high 20s” last week and Tim Hortons posted a decline in the mid-20 percent range.
Recent News
Fashion Retailer Express Files for US Bankruptcy Protection
The retailer is expected to close almost 100 stores nationwide.
Nationwide Health Alert for E. Coli in Greater Omaha Ground Beef
There is no recall for this product. It should be thrown away or returned to point of purchase.
Delta Air Lines Increases Pay as Unionization Attempts Continue
Delta Air Lines is upping the pay for its nonunion workers, including flight attendants and ground staff, as it faces another unionization attempt.
TikTok Faces EU Ban and Fines Over TikTok Lite
European Union officials are considering hefty fines and the suspension of TikTok Lite due to concerns about its addictive features. TikTok Lite is a scaled-down version of TikTok that offers users cash rewards for engaging with the app.