ackround Timmies franchise originated in 1964 in Hamilton, Ontario. The company bears the name of Tim Horton a well known defence men for the Toronto Maple Leafs. After his death in 1974, Ron Joyce became a partner and rapidly expanded the number of stores opening the 500th in 1991. As the menu grew their market did as well, every industry’s main focus to succeed is to make profit. In 1996, Timmies signed with Wendy’s International Inc. which allowed them to grow and gain more profit in the U.S marketplace. In 2011, Timmies signed an agreement with Dubai and opened 120 stores. Finally in December 2014, Timmies decided to become a sole company through an IPO on the New York Stock Exchange and is now openly traded under the name Timmies Inc.
