Dunkin held a CFO call yesterday, during which there was no discussion of the $100 M “fund”. Apparently that will be left for February 2018 meeting, but they did reveal that DD US fees and royalty income to date was tracking a bit higher than last year and that out year accounting standards will cause a shortfall in 2018 earnings. One can conclude then that the Brand is still formulating a plan to allocate cash back into the DD system and not revealing any details yet. Out in Seattle, Starbucks launched its first Princi location earlier this week and announced it would soon open others in New York and Chicago (reportedly in the former Le Cordon Bleu cooking school location on W. Chestnut near Chicago’s north side). Princi is the chain’s new standalone Italian bakery concept.