The Super Dooper Canadian Thread (now with 47% more Canadian Bacon)

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Huh. I had poutine last night too. Mine was with brisket and pickles (along with the requisite curds and gravy of course).
 
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Poutine is comfort food that was invented in Quebec, gained some traction in the East and West and gets dragged out as a Canadian icon because we're desperate for those.

Go Leafs!
 
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As a neutral (i.e. neither Canadian nor Norwegian) can I just say that Storelgen is a much more impressive looking statue than Mac the Moose.

Fite me @Gruebeard
 
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Canadian curling commentator just said you have take it one stone at a time. Their cohost reminded them that indeed is how the game was played.
 
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But it is indeed deep thinking. Because really, it'd be silly to try to throw all the stones at once, right?
 
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Goodness me, Heaven only knows, the CEO of Tim Hortons blames the cold winter for it's terrible sales.

Sales triple in the winter typically....because of the cold...
 
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Goodness me, Heaven only knows, the CEO of Tim Hortons blames the cold winter for it's terrible sales.

Sales triple in the winter typically....because of the cold...
Man, the line ups for Tims here go out into the fucking road. I bet it has more to do with Roll Up the Rim being awful this year and the fact that their prices keep edging up while introducing food no one asked for (kids meals? At Tims? Why?).
 
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They need to wise up and expand into the US where their existing product is in desperate demand. There's enough Canadian ex-pats here in the Valley that would support four or five Tim Horton's instead of the poor excuse of one in the Gila River Arena.
 
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An also raised the prices of their products beyond what I would consider “customary and reasonable rates.”

—Patrick
 
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The problem with Tim Hortons is this:

At one point, they had over 90% of the market in Canada. Something like 94% of take out coffee in Canada was purchased from Tim's.

That doesn't sound like a problem but when you have shareholders, they don't want to just make money, they want GROWTH. It's not enough to see profits year by year, they need this year's profits to be MORE than last year's.

With 90% of the market, how are you going to increase profits? At that point, opening new locations isn't going to drive enough sales. So you have four options:

1) expand in other countries (where you're now forced to compete with established brands like Starbucks and Dunkin Donuts. )

2) increase prices

3) reduce costs (and therefore, quality)

4) sell the company


Tim's went with options 1 and 3 to start. They changed baked good suppliers. They let their coffee bean contract expire and found a new supplier. They started reducing the value of roll up the rim prizes.

This hurt them more than they expected, and suddenly (1) was fighting an even more uphill battle as McDonalds entered the coffee chain battle armed with Tim's old coffee supplier.

So, they go to option (4). The new owners see a sinking ship and they go ahead with a (2)+(3) Combo.

Meanwhile, Starbucks is starting to dominate. McDonalds sees where the puck is going and crafts this whole "café" experience. People laughed at it when they did it, but Tim Hortons finally started going in that same direction like 8 years later.

The owners, seeing Shrinking profits, pull another (4), and the NEW new owners are relentless with (2)+(3). By this point most Canadians have bailed.

What's more, Tim Hortons managed to embed a Canadians nationalism into its whole brand in the 80s, and they continued to ride that wave through the 21st century even as the general public is becoming LESS patriotic.

It'ss honestly like a masterclass in how you can ruin a financially successful company by failing to innovate.

If they started expanding in earnest 10 years earlier than their failed attempt, (like, before Starbucks really spread) they'd be in a very different position now.
 
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[It's] honestly like a masterclass in how you can ruin a financially successful company by failing to innovate.
Or, y’know, by just HAVING to chase that last 9% instead of telling the shareholders, “Fuck you guys. We’re a solid company with solid earnings and if you don’t like that maybe you should try bitcoin.”
I mean, what’s wrong with “merely” being successful?

—Patrick
 
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They went from the dominant favourite brand, by a huge margin to #4 overall.

IT'S FUCKIN' EMBARRASSING! (That's for you GB)

And McDonalds has been masterful at growing their brand and often just ruthless. Everyone gets pumped for Roll Up The Rim, cause that means free McDonalds coffee for a week, or now $1 coffee any size for a month! Better coffee at better prices versus a 1in 6 chance to win something I no longer enjoy? Hmmmmm.....

All they have left is lingering sentiment, the ability to serve in bulk and lots of locations.

And don't get me going on the reward program they just started.
 
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