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.
Associated Press text, photo and/or graphic material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. Neither these AP Materials nor any portion thereof may be stored in a computer except for personal and non-commercial use. The AP will not be held liable for any delays, inaccuracies, errors or omissions therefrom or in the transmission or delivery of all or any part thereof or for any damages arising from any of the foregoing.
Latest Stories
- Final Illinois cannabis licensing case heads to court April 1; redacted identities could be revealed
- Marcus C. Evans Jr. Wins Democratic State Central Committee Seat, Expanding Leadership Role in the Illinois Democratic Party
- Yasmin Levy Brings “One More Night with Yasmin Levy” to Chicago on Her US Tour After 10 Years
- Developments Across McDonald’s cases Draw Attention to Franchise System Practices
- Clerk Mariyana T. Spyropoulos Hosts Women’s Safety Seminar to Equip Residents with Practical Safety Tools
Latest Podcast
We Are Our Own Medicine
