Dunkin Brands Group Inc
Business Description
Dunkin* Brands Group Inc., commonly known as Dunkin* or Dunkin* Donuts, is a global quick-service restaurant chain specializing in coffee, donuts, and breakfast sandwiches. Dunkin* was founded in 1950 in Quincy, Massachusetts, by William Rosenberg. Over the years, the company has grown to become one of the largest coffee and baked goods chains in the world.
Dunkin* Brands Group is a franchisor of quick-service restaurants, including Dunkin* Donuts and Baskin-Robbins. The company operates through four segments: Dunkin* US, Dunkin* International, Baskin-Robbins US, and Baskin-Robbins International.
Dunkin* US is the largest segment, accounting for approximately 80% of total revenues. Dunkin* US operates over 9,600 franchised stores across 41 states in the US. These stores offer a wide range of products, including hot and cold coffee drinks, bakery items, breakfast sandwiches, and frozen beverages. The company has also been expanding its non-coffee offerings, including a line of premium hot teas and cold brew coffee.
Dunkin* International operates over 3,400 stores in 36 countries outside the US. The segment*s largest markets include South Korea, the Philippines, and Mexico. Dunkin* International experienced strong growth in 2019, with a net increase of 291 new stores worldwide.
Baskin-Robbins US operates over 2,500 franchised stores across 48 states in the US. These stores offer a range of ice cream, cakes, and other frozen treats. Baskin-Robbins International operates over 8,000 stores in 48 countries, with the largest markets including Japan, South Korea, and the UK.
Dunkin* Brands Group has around 1,200 corporate employees and 1,600 franchisees worldwide. The company has a strong brand presence, aided by its iconic orange-and-pink logo and marketing campaigns featuring celebrities like David Ortiz and Snoop Dogg. In recent years, Dunkin* has also been making investments in technology, including its Dunkin* mobile app and On-the-Go Ordering platform.
In 2020, Dunkin* Brands Group was acquired by Inspire Brands for $11.3 billion. Inspire Brands is a holding company that also owns Arby*s, Buffalo Wild Wings, and Sonic Drive-In. The acquisition is expected to help Dunkin* expand its presence and brand recognition beyond the US.
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