Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account The growth describes system-wide sales compared to a year ago. An earlier version also mischaracterized the type of sales growth RBI restaurants experienced in 20. It is expected to open in the fall of 2022. Popeyes opened 208 new restaurants throughout 2021, making it “a milestone year,” Cil said in February.Ĭorrection: This story has been updated to clarify the timing of the opening of Popeyes' Times Square location. Popeyes also saw improvement in 2021, though it was more modest after its gains in 2020: System-wide sales rose 7.3% last year. System-wide sales increased 12.5% at Tim’s restaurants, and 15.9% for the same category of stores at Burger King. Last year, Tim Hortons and Burger King bounced back. By contrast, Popeyes sales jumped 17.7% in that same period, thanks in part to customer interest in the chain’s chicken sandwich. In 2020, system-wide sales at Tim Horton restaurants fell by 17.5% compared to the year prior, and sales at Burger King spots dropped 11.1%. It’s been a jewel in RBI’s portfolio, especially when compared to the challenges its other brands faced early in the pandemic. “We’re just scratching the surface on opportunities for Popeyes, and I firmly believe that the brand is poised to become one of the fastest growing in the industry.”Ĭil’s comments are reflected in Popeyes’ performance during the pandemic. “Development remains a key priority … for the brand for long-term growth,” Cil said during an analyst call in February. Siddiqui’s comments echo those made by RBI CEO Jose Cil earlier this year. “The majority of growth is expected in the US and Canada, where the business has accelerated substantially.” “Popeyes is one of the fastest-growing brands within RBI, particularly as it relates to building new restaurants,” Popeyes president Sami Siddiqui told CNN Business. RBI is hoping to spur even more growth with the expansion investment. (QSR), which also owns Burger King and Tim Hortons. Popeyes has already been a growth driver for parent company Restaurant Brands International The Times Square restaurant, set to open in the fall, will include special features such as a new design, branded merchandise, self-serve kiosks and some type of 21st-century dumbwaiter described as a “two-story food transporter” for customers dining on the second floor. Eric Gay/APĪ handful of the new restaurants will be in New York City, including a new flagship location in Times Square as well as others in Manhattan and Staten Island. Any guest that donates $1 to the Popeyes Foundation will receive a coupon at check-out for a free Strawberry Biscuit, redeemable during their next visit.Popeyes is planning to open over 200 new restaurants in the United States and Canada this year. The Popeyes Foundation, dedicated to raising awareness and funds to strengthen communities with food and support in times of need, will be hosting its Food Love Grants Fundraiser from July 24 through August 27 at participating Popeyes restaurant. And, from now until October 15th, you’ll receive a free regular drink when you order the Big Box on the Popeyes App or. The Big Box is served with the choice of two sides and a buttermilk biscuit, which can be upgraded to a Strawberry Biscuit starting at $0.99. Popeyes also welcomes back the fan-favorite Big Box, which features two pieces of hand battered and breaded signature chicken, fried up in our kitchens. The limited time offering boasts a thick and rich cheesecake filling, perfectly mixed with OREO cookie pieces, all on top of a crust made with OREO cookie pieces and topped with even more delicious OREO! OREO Cheesecake joins Popeyes popular dessert lineup alongside the now permanent Strawberry Biscuit and the classic Apple Pie. The brand-new OREO Cheesecake from Popeyes is the latest addition to the brand’s esteemed dessert lineup. Starting Monday, July 24, Popeyes is bringing two delicious menu items to restaurants nationwide –new OREO Cheesecake alongside the return of the fan-favorite Big Box.
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