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Technomic report highlights Canadian restaurant market
October 1, 2007
CHICAGO — Technomic Information Services has announced the launch of its "2007 Technomic Top 100 Canadian Chains Restaurant Report."
The report shows that while overlaps and similarities with the U.S. chain-restaurant market are evident, Canadian chains and their customers display numerous qualities unique to Canada.
Several of the findings documented in the report include:
Among the Top 200 Canadian restaurant chains, limited-service concepts represented 72.6 percent of sales and 86.4 percent of units in 2006. The largest Canadian chain is Tim Hortons, which specializes in donuts, fresh coffee, baked goods and homestyle lunches. - The fast-casual subsegment is negligible in Canada even though these types of restaurants, led by Panera Bread, comprise almost a quarter of the top 200 U.S. limited-service chains.
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