and launched a $100 million ad campaign promotion. [61], In the United States, Dunkin' is sometimes paired with Baskin-Robbins ice cream in a single multibranded store. The company franchises its restaurants under the Dunkin’ and Baskin-Robbins brands. Dunkin' Brands Inc. (Nasdaq: DNKN) is one of the world's leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. [51], In September 2018, the company officially announced that it would shorten its name to Dunkin', with a wider roll-out beginning in January 2019. The company, which owns Arby's, Buffalo Wild Wings and several other restaurant brands, is backed by private equity group Roark Capital Group. [114], Nancy Lewis, in Canaan, Connecticut, began a petition in January 2014 to request that Dunkin' Donuts donate their unsold food to local shelters and food banks in her area after seeing her local shop regularly throwing away "large amounts" of unsold food. Dunkin' Donuts and Baskin-Robbins. [79][80][81] On July 24, 2018, Dunkin Donuts announced that the company's Swedish operations had filed for bankruptcy and all locations in Sweden would close immediately. We set corporate social responsibility (CSR) goals to make continuous progress in the areas of sustainable sourcing, packaging, energy efficiency, waste reduction, nutrition, Diversity & Inclusion and other material issues. Dunkin' Brands is set to release earnings on Thursday. That's good for this company, Uber Eats' new ad pits Luke Skywalker against Capt. There is still one in construction in Odense. The concept was described as being part of a shift towards becoming an "on-the-go, beverage-led brand". Inspire Brands declined to comment. [47], On April 3, 2018, Dunkin' Donuts teamed up with the Massachusetts shoe manufacturer, Saucony to produce a strawberry-frosted donut themed running shoe to commemorate the 122nd running of the Boston Marathon. This replaced Hill Holliday, which had been producing print, digital, broadcast, and billboard advertising for almost twenty years. [109], Dunkin' Donuts was criticized by one of its franchisees for allegedly forcing single-store owners to agree to a buyout at a loss for minor infractions. Receive FREE instant access to constantly updated DNKN news related to the current acquisition. In 2016, Dunkin' became the official "coffee, donut and breakfast sandwich partner" of the National Hockey League. Baskin-Robbins, founded in Glendale, California in 1945, is iconic for its variety of “31 flavors” of ice cream, along with the brand’s creative ice cream cakes, milkshakes and ice cream sundaes. [32][33], In September 2019, the New York attorney general alleged in a lawsuit that Dunkin' mishandled a series of "brute force" cyberattacks that were directed at customers using the Dunkin' mobile app. In December 2018 a third branch was under construction in the city.[84]. This location is combined with a Baskin-Robbins. Since March 2014, Dunkin' Donuts has opened several additional locations throughout California, including the Los Angeles area. Additionally, check out our customized M&A PR Newswire or Business Wire press release news feeds exclusively for Merger Arbitrage Limited. Sauter, Michael B. and Alexander E. M. Hess. [19][20], In January 2018, Dunkin' Donuts began to open new concept locations, beginning in Quincy, featuring modern decor, cold beverages on tap and a single-cup brewing machine, more packaged take-out options, and dedicated pick-up lines for mobile ordering inside and in the drive-thru. [29][30] Later in July 2019, Dunkin' partnered with Beyond Meat to introduce a meatless breakfast sandwich in Manhattan, becoming the first U.S. restaurant brand to serve Beyond Sausage. In the late 1990s to early 2000s, the chain began disappearing from all regions of Canada, with its last foothold in the province of Quebec. In reference to the center's long association with local college basketball, it is often known locally as "The Dunk". The restaurant was successful, and Rosenberg sold franchises to others starting in 1955.[13]. Internet mocks McDonald's new meatless burger, This company is giving away bacon-scented face masks, People are brewing fancier coffee at home. The Japanese chain was owned by a joint venture between the Saison Group, Yoshinoya, and the Japanese subsidiary of the Compass Group named Seiyo Food Systems. See insights on Dunkin' Brands including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. See insights on Dunkin' Brands including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. This site requires Javascript in order to function properly. [23][24][25], On July 11, 2018, Dave Hoffmann took over from Nigel Travis to become the CEO. Or is it Italian?" Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dunkin' Donuts returned to the UK market in January 2014, opening a restaurant in Harrow, a borough in north-west London, England.
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