Tim Hortons to install restaurants and kiosks at U.S.-based Tops supermarkets
Tim Hortons expands into U.S. market via Tops. Western New York, Rochester and PA locations.
OAKVILLE, Ont. — Tim Hortons (TSX:THI) has made further inroads into the United States by signing a deal for 82 full-service restaurants and self-serve kiosks at Tops Friendly Markets grocery stores.
The agreement will put new locations of the iconic Canadian coffee and doughnut retailer in Western New York, Rochester, Central New York and northwestern Pennsylvania, the company said Tuesday.
Financial details of the agreement were not disclosed.
The rollout includes 20 full-service restaurants and 62 self-serve locations, Tim Hortons said.
The company expects some of the self-serve spots will expand into full restaurants in the future.
In some Tops locations there will be two Tim Hortons spots - both a restaurant inside the supermarket, and another self-serve location in the nearby Tops-branded gas station, a Tim Hortons representative said.
"Tops is an ideal fit for our continued strategy to build our brand and convenience for customers through both stand alone stores and non-standard full-serve and self-serve formats," said U.S. and international chief operations officer David Clanachan in a release.
Under the deal, Tim Hortons will now have 488 locations in the United States.
Posted by staff at October 7, 2008 10:06 AM