久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
China
Home / China / Melting pot

Canadian icon misses the Chinese coffee rush

By Abdul Latheef | China Daily | Updated: 2017-07-18 06:59
Share
Share - WeChat

During her first trade mission to China in 2014, the premier of Canada's Ontario province bemoaned the absence of Tim Hortons in the country.

"Clearly, we need a Tim Hortons franchise," Kathleen Wynne was quoted as telling university students, some of whom had attended Canadian schools.

For those who are unfamiliar with the name, "Timmie's", as the company is affectionately called, is a national institution in Canada.

From a single Ontario location 53 years ago, the coffee-and-doughnut chain has grown to become an industry leader with more than 4,600 stores in 10 countries. Its most popular offering is the "Double Double", a coffee with two servings of sugar and cream.

In 2008, the chain announced its intention to enter the lucrative Chinese market. Nine years on, the company is still in the planning stages as far as China is concerned.

In 2014, US fast-food giant Burger King acquired Tim Hortons and formed Restaurants Brands International, the world's third-largest operator of quick-service restaurants, which is controlled by 3G Capital of Brazil.

At the time, it was forecast that because Burger King was already operating in China, it would be easier for Tim Hortons to open outlets too. While the company has expanded to the Philippines and the United Kingdom since then, it is keeping us guessing about its plans for China.

I asked both Tim Hortons and its parent company multiple times about their China strategy, but they did not respond.

So I turned to Wynne's office, which quickly responded, although that did not resolve the mystery.

"Unfortunately the Premier's Office has nothing to add to your story as this is a corporate decision by Tim Hortons," an aide said in an email to China Daily.

As the company dithers, other players are racing ahead, with Starbucks in pole position.

Last year, the US behemoth announced plans to double the number of stores in China to 5,000 by 2021, opening 500 stores every year.

That makes sense because China is the fastest-growing coffee market in the world, and specialty stores are cropping up in cities, small and big.

"Total sales revenue for chained specialist coffee shops in China was 18.5 billion yuan ($2.7 billion) last year, and is estimated to reach 32.9 billion in 2021," market research provider Euromonitor International said last week.

Canadian food service industry consultant Geoff Wilson said several conditions have to be met before a company enters a foreign market.

"Typically, new market entries need to be executed correctly from the start. Second chances generally don't occur," he said.

Yet, he believes that given China's population and its economic growth, the country is a highly desirable market.

"China may be in the future for Tim Hortons," Wilson added.

May be, but don't expect any latecomer advantage in a market that is getting more crowded by the day.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 精品国产免费一区二区三区 | 18岁免费网站 | 亚洲欧美在线免费观看 | 久久久久欧美精品网站 | 操亚洲| 亚洲精品欧美精品一区二区 | 免费观看久久 | 一级特级欧美a毛片免费 | 欧美激情欧美狂野欧美精品免费 | 欧美一级在线毛片免费观看 | 欧美国产91 | 国产成人久久精品二区三区牛 | 手机在线观看黄色网址 | 精品玖玖玖视频在线观看 | 在线中文 | 久久久久久久久a免费 | 国产欧美一区二区三区视频 | 99久久伊人一区二区yy5099 | 91亚洲国产成人久久精品网站 | 亚洲免费在线视频观看 | 欧美在线视频一区二区 | 精品国产免费久久久久久 | 深夜国产 | 欧美久久久久久 | 国产精品久久久久毛片真精品 | 中国一级特黄真人毛片 | 中文字幕一区二区精品区 | 亚洲精品手机在线 | 91香蕉国产线观看免 | 99视频精品全国免费 | 亚洲精品国产免费 | 91在线免费公开视频 | 青青草国产免费久久久91 | 91成人精品视频 | 日韩一级大毛片欧美一级 | 精品国产_亚洲人成在线高清 | 欧美成人午夜 | 欧做爰xxxⅹ性欧美大 | 亚洲欧美另类色妞网站 | 成人毛片免费观看视频在线 | 欧美jizz18性欧美 |