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Restaurant Brands International [electronic resource] : staying afloat in the red ocean of QSR / Alan N. Hoffman, Natalia Gold

Author:
Hoffman, Alan N. (Alan Nathan), 1954-
Published:
London : Rotterdam School of Management, Erasmus University, 2017.
Physical Description:
1 online resource
Additional Creators:
Gold, Natalia
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Summary:
In 2010, 3G Capital merged Burger King and Tim Hortons to create Restaurant Brands International (RBI). In 2014, RBI acquired Popeyes Louisiana Kitchen. Although RBI's three restaurant chains had strong brand name recognition with extensive franchise networks, none were market leaders in the red ocean of quick service restaurants (QSR). Burger King lagged McDonald's in the burger segment; Tim Hortons came fourth in the coffee and snack segment; and Popeyes ranked third in the chicken segment. RBI was focused on expanding its international reach, developing efficient franchise partnerships and producing cost efficiencies among its subsidiaries. But in developed economies, the mature QSR market was threatened by saturation, the trend toward healthier foods and lower unemployment rates. Further, in developing economies, such as China and India, RBI was threatened by tax regulations protecting its franchises and brand names, as well as offerings centered on North American tastes. Finally, RBI was saddled with high long-term debt. Among so many uncertainties, how could RBI grow its market position?
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ISBN:
9781529760941 (ebook)
Note:
Originally Published InHoffman, A. N., & Gold, N. (2017). Restaurant Brands International: Staying Afloat in The Red Ocean Of QSR. Rotterdam, Netherlands: Rotterdam School of Management, Erasmus University.
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