06:24:37 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Restaurant Brands International Inc
Symbol QSR
Shares Issued 248,078,047
Close 2018-04-18 C$ 69.53
Market Cap C$ 17,248,866,608
Recent Sedar Documents

Post says RBI gets insider support for Tims strategy

2018-04-19 08:49 ET - In the News

The Financial Post reports in its Thursday edition that Tim Hortons's franchisee board has struck back at a vocal group of franchisees who formed last year to oppose their new corporate parent. The Post's Hollie Shaw writes that the Tim Hortons Canadian franchisee advisory board called the dissidents' complaints to the federal government earlier this month the "final straw" and warned that a flood of adverse media stories are turning consumers against the fast-food chain. "The negative commentary that continues to come from inside our franchisee family results in negative public attention that is corrosive and damaging to our brand, our livelihoods and that of our teams," said a letter sent Tuesday to Tim Hortons franchisees across Canada and signed by all 19 members of the advisory board. "Ask yourself why a guest would feel good about patronizing a brand (restaurant owner/company) that repeatedly fights their battles in public? Guests are turning away from restaurant owners, not supporting them," the letter added, calling the franchisee dissent tantamount to "business suicide." The ad hoc Great White North Franchisee Association believes that the elected board simply rubber-stamps management directives.

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