Thu November 11, 2010
Tim Horton's shutters Rhode Island locations
By ALEX NUNES
PROVIDENCE, R.I. – The Tim Hortons coffee shop chain closed more than 30 locations in Rhode Island and Connecticut Wednesday night.
Tim Hortons shut down 20 full service restaurants in the Rhode Island and 11 in Connecticut. The company's director of public affairs David Morelli says the chain made investments in marketing and operations but in the end Southern New England was overwhelmed with fast food options.
"The markets were saturated. Providence and Hartford metropolitan areas in particular are two of the most highly penetrated with quick service restaurants in the United States," said Morelli.
Tim Hortons was hurt by the weaker locations it inherited when the company acquired the Bess Eaton chain six years ago, said Morelli. He adds the company does not know how many workers lost their jobs because they were hired by local operators.
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