Dunkin' Donuts Eyes Europe
by Christina Rexrod
AP Business Writer
NEW YORK (AP) - Dunkin' Brands Group Inc., which reported flat earnings on Wednesday after becoming a public company a week earlier, said it plans to rejuvenate the struggling Baskin-Robbins brand in the U.S. and expand its Dunkin' Donuts chain in Europe.
Nigel Travis, who's been CEO since early 2009, told analysts on Wednesday that he largely had been focusing on the Dunkin' Donuts U.S. brand, which makes up about 70 percent of the company's revenue. The brand, which has been in a fight with Starbucks and McDonald's Corp. for the loyalty of coffee drinkers in an increasingly competitive market, opened more new U.S. locations last year than any restaurant except Subway.
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