Fast-food chains Dunkin’ Donuts, Baskin-Robbins acquired by Inspire Brands

US – Dunkin’ Donuts and Baskin-Robbins, two of America’s most popular fast-food restaurant chains will now become part of US restaurant group Inspire Brands. This is after Inspire Brands agreed to buy Dunkin’ Brands Group, which is the parent company of the two restaurant chains, in a deal worth approximately $11.3 billion. Following the acquisition which is an all-cash merger agreement, Inspire Brands will assume all of Dunkin’ Brands’ assets and liabilities. Inspire’s restaurant portfolio already includes major restaurant chains such as Arby’s, Buffalo Wild Wings, and Jimmy John’s, with…

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Dunkin’ Donuts partners with Harpoon Brewery to launch coffee, donut infused beers

USA – Dunkin’ Donuts, multinational coffee and donut company and Harpoon Brewery, have teamed up to launch a series of coffee and donut-infused beers. A trio of new beers, Harpoon Dunkin’ Pumpkin Spiced Latte Ale, Boston Kreme Stout, and Jelly Donut IPA, join Harpoon Dunkin’ Coffee Porter on shelves this September. According to the baked goods chain, this mark the first time beers have been brewed with actual donuts from Dunkin’. With a 5.2% ABV and light in colour, Harpoon Dunkin’ Pumpkin Spiced Latte Ale is brewed with real pumpkin, pumpkin pie spices, and a…

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Dunkin’ Brands appoints three vice presidents to its international team

USA – Dunkin’ Brands, the parent company of Dunkin’ and Baskin-Robbins, has appointed three vice presidents to its international team. The quick service restaurants franchisor has promoted Rini Ernawati to Regional Vice President, Asia Pacific and Caner Gursoy to Regional Vice President, Europe, Middle East, Africa and Australia. Alongside consultancy and advisory experience with multiple startups in the fast-casual restaurant and e-commerce space, Rini Ernawati has more than 15 years of multinational experience as a finance and general management executive. Before joining Dunkin’ Brands, Ernawati was responsible for driving growth…

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Jubilant FoodWorks to invest US$35.2m in expanding its operations in India

INDIA – Jubilant FoodWorks, operator of Domino’s Pizza and Dunkin’ Donuts in India plans to invest upto US$35.2 million (Rs 250 crore) to set up over 120 stores in both existing and new markets this year across the country. The company, which had earlier estimated to open 100 stores this year, said it will now be spending Rs 200-250 crore (US$28-$35 million) in the capacity expansion. According to an ET Retail, Jubilant FoodWorks opened 40 stores in the July-September quarter, the most in almost four years. It however closed six…

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Grand Parade Investments reports growth in revenues amid divestment plans

SOUTH AFRICA – Grand Parade Investments (GPI), South Africa’s franchise operator of Burger King posted 13% increase in total headline earnings from continuing operations to US$2.46 million in the in the six months to 31st December 2018. The group, which in February this year announced the closure of Dunkin’ Donuts and Baskin-Robbins operated outlets, also saw its revenue grow 28% during the interim period despite tough trading conditions. “The last year has been challenging for GPI and, in particular, its food businesses, which have been affected by tough economic conditions,” the…

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South Africa’s Grand Parade exits Dunkin Donuts and Baskin Robins brands

SOUTH AFRICA – Grand Parade Investments (GPI), the Southern African franchise owner of US fast food chains Dunkin’ Donuts and Baskin-Robbins, announced the closure of the two brands operated outlets after the businesses continued to record poor performance. The group said it filed an application for voluntary liquidation of the two US chains after failing to sell them. Mohsin Tajbhai, acting Chief Executive Officer at GPI, said that both fast food chains had continued to record underperformance whose effect had spilled over into the group’s cash resources. “Since June 2018…

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Restaurant chain Dunkin’ Donuts changes its name to ‘Dunkin’’

USA – Food chain Dunkin’ Donuts has changed its name to Dunkin’, signifying its growth beyond selling donuts, with the change set to officially take place in January 2019, reveals an ET Retail report. The company said although donuts remains a significant focus for them, the name ‘donuts’ will be scrapped from its logo, branding and company adverts. The name change will start with the US stores, then adopted international to reflect its increasing emphasis on coffee and other drinks. Its new logo will still have the familiar rounded font…

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Dunkin’ Donuts invests US$100 million for refurbishments

USA – Dunkin Brands Group, an American global doughnut company, has announced that it will invest approximately US$100 million in a refurbishment of its Dunkin’ Donuts chain, the Wall Street Journal (WSJ) reported. The development will see 50 test stores across the United States better equipped to serve customers ordering on mobile devices, including dedicated pickup areas, digital kiosks and expanded drive-through windows. While part of the investment will be put into infrastructure and training, WSJ reports the majority will be used on store equipment that assists the “on-the-go beverage…

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Jubilant FoodWorks appoints Kapil Grover as CMO of Domino’s Pizza

ASIA – India’s operator of the American pizza restaurant, Domino’s Pizza and Dunkin’ Donuts, Jubilant FoodWorks has appointed Kapil Grover as the new Chief Marketing Officer of Domino’s Pizza effective July 2018. According to a report by ET Retail, Grover will be responsible for leading the marketing strategy for the brand given his 18 years’ experience in the food and beverage industry. Prior to the appointment, he worked with Burger King India as Chief Marketing Officer and also with KFC India. “We are delighted to welcome Kapil to the Domino’s…

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Dunkin’ Donuts to eliminate foam cups packaging by 2020

USA – Leading coffee and sweet goods retailer Dunkin’ Donuts has announced that it will eliminate all polystyrene foam cups from its global supply chain by 2020 as part of its sustainability commitments, eliminating up to 1 billion of such packs a year. The company, will commence the replacement initiative in its key US home market beginning this year through to 2020, joining a majority of its international markets that have already done so, says the company. The company will replace the foam cups with a new, double-walled paper cup.…

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