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November 11, 2010

Two local Tim Hortons among those to close

The Canadian chain plans to close 36 of its coffee shops in New England.

The Associated Press

PROVIDENCE, R.I. — The Tim Hortons chain of coffee shops says it's closing 36 restaurants and 18 kiosks in New England.

The Canadian company said Wednesday it would close locations in the Providence, R.I., and Hartford, Conn., areas. It's also closing two of its stores in the Portland, Maine, area, though it wasn't clear which stores will close.

Tim Hortons says it has lost $4.4 million this year on those locations.

It was not clear whether the closings represented all Tim Hortons' locations in southern New England. The company did not immediately return a phone call seeking comment.

Tim Hortons has more than 600 locations in the U.S. It moved into southeastern New England in 2004 when it paid nearly $42 million for 42 coffee shops belonging to Rhode Island-based Bess Eaton.

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