bake - January 2013 - 46

Same-store sales in the Canadian segment grew by 1.9%. The
increase was driven by a higher average check due primarily
to favorable product mix, and to a lesser extent, pricing. The
chain’s product mix continued to benefi t from the espresso and
latte beverages introduced earlier in the year.
Annual same-store sales growth performance in Canada yearto-date
is trending slightly below its previously stated target of
3% to 5%. The company has a number of initiatives underway,
including the national promotion of panini sandwiches in
Canada and the introduction of single-serve coff ee, that should
contribute to sales performance and help off set some of the
impacts of continued macro environment challenges in the
fourth quarter.
For tips and
transactions continued to
increase due to the new restaurants
added to the system.
ideas on how to
Tim Hortons previously announced
that the company had reached
a North American-wide agreement
with Kraft Foods to enter the single-serve,
on-demand coff ee market, leveraging Tim Hortons premium
coff ee and Kraft’s TASSIMO system. Under the terms of the
agreement, Tim Hortons premium-blend coff ee, decaf coff ee,
and lattes, in a single-serve format, will be sold in Tim Hortons
restaurants in Canada and the US, and online.
incorporate breakfast
sandwiches into your
bakery’s menu, see
page 56.
Tim Hortons opened 22 new US restaurants in the past three months.
During the quarter, Tim Hortons opened 44 restaurants in
Canada, most of which were standard format locations.
In the US, the company recorded same-store sales growth
of 2.3% during the latest quarter. Gains in average checks
were attributable to pricing, and to a lesser extent, favorable
product mix, notably the introduction of its new breakfast
panini sandwiches and iced espresso lattes. Systemwide
46 < JAN 2013 | bakemag.com
Tim Hortons restaurants across Canada have been engaged in
a staggered roll-out of the new panini sandwich product platform.
Initially off ered in its US stores, the hot sandwiches have
proven to be popular among guests. Panini sandwiches feature
prominently in the company’s strategy to deliver product innovation,
increase average checks and grow sales during lunch
and other day-parts.
Tim Hortons recently introduced special edition holidaythemed
beverages and baked goods. The bakery cafe chain’s
limited edition fl avors include the new Peppermint Mocha
Latte, Candy Cane Hot Chocolate, Gingerbread Glazed Donut,
Candy Cane Chocolate Donut and Ginger Molasses Cookie.
In addition, Tim Hortons is rolling out new holiday packaging
and merchandise like collectible ornaments. JOHN UNREIN

http://www.bakemag.com

bake - January 2013

Table of Contents for the Digital Edition of bake - January 2013

bake - January 2013
Editor's Note - The Expansion Issue
Table of Contents
News Bites - Yankellow Joins King Arthur Flour
Rich Products Adds to Portfolio
Make a Cake Face is Back
Lawrence Foods Earns Sustainability Award
California Passes Homemade Food Act
Management - Handing Off the Keys
Tax Tips - Equipment Deductions
Alternative Funding
Labor Front - Wage Trends
Legislation - Subsidies & the Farm Bill
Ingredients - Reformulating with Whole Grains
Honey: Local & Clean
Fundamentals of Raising Capital
Prepare and Be There
RBA Roadshow - On the Road to Success
Local Connections
More Growth for Tim Hortons in 2013
Ombre Fades into the Spotlight
Extreme Cupcakes
Cafe - Breakfast is Booming
Products
Marketplace
Ad Index
bake - January 2013 - bake - January 2013
bake - January 2013 - 2
bake - January 2013 - Editor's Note - The Expansion Issue
bake - January 2013 - 4
bake - January 2013 - Table of Contents
bake - January 2013 - 6
bake - January 2013 - 7
bake - January 2013 - Make a Cake Face is Back
bake - January 2013 - Lawrence Foods Earns Sustainability Award
bake - January 2013 - California Passes Homemade Food Act
bake - January 2013 - 11
bake - January 2013 - Management - Handing Off the Keys
bake - January 2013 - 13
bake - January 2013 - Tax Tips - Equipment Deductions
bake - January 2013 - Alternative Funding
bake - January 2013 - Labor Front - Wage Trends
bake - January 2013 - 17
bake - January 2013 - Legislation - Subsidies & the Farm Bill
bake - January 2013 - 19
bake - January 2013 - Ingredients - Reformulating with Whole Grains
bake - January 2013 - Honey: Local & Clean
bake - January 2013 - 22
bake - January 2013 - 23
bake - January 2013 - 24
bake - January 2013 - 25
bake - January 2013 - 26
bake - January 2013 - 27
bake - January 2013 - 28
bake - January 2013 - 29
bake - January 2013 - Fundamentals of Raising Capital
bake - January 2013 - 31
bake - January 2013 - 32
bake - January 2013 - 33
bake - January 2013 - Prepare and Be There
bake - January 2013 - 35
bake - January 2013 - 36
bake - January 2013 - 37
bake - January 2013 - RBA Roadshow - On the Road to Success
bake - January 2013 - 39
bake - January 2013 - 40
bake - January 2013 - 41
bake - January 2013 - Local Connections
bake - January 2013 - 43
bake - January 2013 - More Growth for Tim Hortons in 2013
bake - January 2013 - 45
bake - January 2013 - 46
bake - January 2013 - 47
bake - January 2013 - Ombre Fades into the Spotlight
bake - January 2013 - 49
bake - January 2013 - 50
bake - January 2013 - 51
bake - January 2013 - Extreme Cupcakes
bake - January 2013 - 53
bake - January 2013 - 54
bake - January 2013 - 55
bake - January 2013 - Cafe - Breakfast is Booming
bake - January 2013 - 57
bake - January 2013 - 58
bake - January 2013 - 59
bake - January 2013 - 60
bake - January 2013 - Products
bake - January 2013 - 62
bake - January 2013 - Marketplace
bake - January 2013 - 64
bake - January 2013 - 65
bake - January 2013 - Ad Index
bake - January 2013 - 67
bake - January 2013 - 68
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