Dunkin’ Franchisee Relishes New Ideas

Luci Scott reports in the The Arizona Republic that even as a kid, entrepreneur Bert Hayenga was making money. He worked a paper route, and he bought old boats and mini-bikes, fixed them up and sold them. Now at 47, as a partner in Phoenix-based HWK Partners, he invests in real estate and owns close to half of the 33 franchises of Dunkin’ Donuts in metro Phoenix.

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Dunkin’s Run: A Love Story

Francis Storrs writes a great peice in the September issue of Boston Magazine, he interviews dozens of people involved with Dunkin’ Donuts over the years including; Dunkin’ Brands CEO: Nigel Travis, Ex-Franchisee and Past IFA Chair: Steve Seigal , DDIFO Chairman: Kevin McCarthy and DDIFO President: Jim Coen.

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A Timbit of Trouble

570 News in Toronto reports that Tim Horton’s franchise owners have launched a near $2-billion lawsuit claiming lost profits since the iconic Canadian company switched from fresh-baked to frozen donuts. The $1.95-billion suit is scheduled to go to court in November and it has even divided franchisees, as a large group of store owners is trying to stop a smaller group from following through on the lawsuit.

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A Cup Good to the Last Drop-off

Jenn Abelson reports in the Boston Globe that Coffee rivals join forces in quest for perfect green container. For more than four years, Hellyar, supply chain manager for Dunkin’ Donuts, has hunted for an alternative to the much maligned Styrofoam cup — long enough to earn him the nickname “Joey Cups.’’ The ideal container would have to be recyclable or compostable, keep coffee hot, and not cost franchisees too much

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Coffee Prices Bite Businesses, Public

Lisa van der Pool reports in the Boston Business Journal that he price of coffee is continuing to rise. Wholesale coffee prices are the highest they’ve been in 13 years. The J.M. Smucker Co., which licenses Dunkin’ Donuts coffee for sale in retail stores, has already announced it will raise prices by four percent.

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Tim Hortons Sells Interest in Bakery to Partner

Sunny Freeman reports in The Canadian Press that Tim Hortons announced Thursday morning it is selling its 50 per cent interest in Maidstone Bakeries of Brantford, Ont. to joint venture partner Aryzta AG for $475 million after the Swiss company invoked a contract provision forcing Tims to buy or sell the stake. The iconic fast food company, headquartered in Oakville, Ont., will return the $475 million that it will receive from the sale to shareholders, though the company is not yet sure how, its CFO Cynthia Devine said in an interview Thursday.

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Coffee Supplier to Increase Prices by 9%

Greg Farrell in New York and Javier Blas in London report for the Financial Times that the company behind some of the most popular coffee brands in the US on Tuesday became the first to raise its retail prices after wholesale costs hit a 12-year high.

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