Burger King parent plans to accelerate global growth
Posted May 15, 2019 9:39 am.
NEW YORK — The company that owns the Burger King, Popeyes and Tim Hortons chains is broadening delivery service in the U.S. and will expand the number of its restaurants by 54 per cent worldwide in an ambitious growth plan.
Restaurant Brands International said Wednesday at its investor conference in New York that it plans to have 40,000 restaurants in operation globally over the next eight to 10 years, up from the current 26,000.
The Toronto company may also move more forcefully into plant-based meat substitutes.
Tim Hortons is now testing Beyond Meat sausage patties in Canada. Burger King may expand the sale of plant-based burgers in the U.S. after a successful test in St. Louis.
Restaurant Brands says it has significant growth opportunities in markets like India, where Burger King developed a lamb-based Whopper.
The Associated Press
