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Popeyes

Financing

Popeyes sets its sights on China

The Miami-based chicken chain has an agreement with the private equity firm Cartesian Capital Group to develop restaurants in the country.

Financing

Digital sales drive performance at parent of Burger King and Tim Hortons

Brand operator Restaurant Brands International now gets a third of its sales through digital channels. Sales at Burger King and Popeyes also improve in the U.S.

The company is also planning another discounted chicken promotion as part of planned celebrations for its birthday.

The company, which officially turns 50 on Sunday, will allow digital customers who spend $5 to buy two pieces of chicken for 59 cents next week. That’s the same price as in 1972.

Tim Hortons’ Canada sales surge, Popeyes declined and Firehouse Subs beat difficult comparisons.

The Buffalo Ranch Chicken Sandwich combines two sauces to create a new flavor profile.

All but shut down during the pandemic, New York City’s tourist hub is now reenergized. And restaurants want a piece of the action.

The chicken chain plans to open several new locations in New York City and says it plans to add more than 200 new restaurants in 2022.

The daypart is now 8.5% of the company’s sales and it has aggressive plans for improvement this year, with the company investing more in advertising.

But the chain’s sales improved last quarter and it remains in a much stronger position than it was three years ago.

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