Tim Hortons
If you’re located in Canada, you don’t have to worry about Tim Hortons locations shutting down. The Tim Hortons branches located in the U.S. are the ones in danger. In 2019, more locations were closed in the United States than opened.
Several locations across the country are seeing a decline in revenue due to different factors. The main threats the chain is facing are competition with other coffee chains, franchisee problems, and regionalization.