Coffee and Donuts Need Lobbyist Too!
Erika Lovley at Politico Click interviews Cicely Simpson, director of federal and state government affairs for Dunkin’ Brands, who has one of the most scrumptious lobbying jobs in town.
Read More »Small business loans: $10 billion evaporates
Catherine Clifford reports at CNNMoney.com that eight months after President Obama began prodding the nation’s banks to increase their small business lending, the loan numbers continue to move in the opposite direction. The 22 banks that got the most help from the Treasury’s bailout programs cut their small business loan balances by a collective $10.5 billion over the past six months, according to a government report released Monday. Three of the 22 banks make no small business loans at all. Of the remaining 19 banks, 15 have reduced their small business loan balance since April, when the Treasury department began requiring the biggest banks receiving Troubled Asset Relief Program (TARP) funding to report monthly on their small business lending.
Read More »DDIFO Welcomes New Members!
DDIFO has been invited by a number franchise owners in a number of cities to come and meet franchise owners face to face. I am visiting Dunkin’ Donuts franchise owners around the country in an effort to learn more about your issues and concerns as well as share with you the vision and mission of DDIFO. The meetings have resulted in many franchise owners joining DDIFO. DDIFO welcomes 100’s of new shops as members from the following states: New Jersey, New York, Connecticut, Pennsylvania, Ohio, Illinois, Michigan, Indiana, North Carolina, Maryland, Virginia, Vermont, Massachusetts, Rhode Island, Florida, and Georgia.
Read More »Why Does Dunkin’ Donuts Lobby The Federal Reserve?
Arthur Delaney writes in the The Huffington Post thagt financial firms have long lobbied the Federal Reserve, high-minded maker of monetary policy. But the Fed’s foray into lending during the financial crisis this year has opened it up to lobbying from niche industries like recreational boat manufacturers, rental car companies, and — Dunkin’ Donuts? Indeed. Dunkin’ Brands, parent company of Dunkin’ Donuts and Baskin-Robbins, began lobbying the Fed in the second quarter of this year, according to lobbying disclosure reports filed with Congress.
Read More »Dunkin’ Brands says CIT bankruptcy won’t affect stores
Christa Hoyland reports at QSRWeb.com that Commercial lender CIT Group Inc. filed for bankruptcy Sunday to cut $10 billion in debt after a U.S. bailout and debt exchange offer failed this summer. CIT said operations will proceed as normal and it plans to exit bankruptcy next month, according to a story by Bloomberg.
Read More »DDIFO Eying Opportunities on Capitol Hill
On February 3-4, 2010 DDIFO Legislative Affairs Coordinator Rob Branca will be in Washington representing the DDIFO at the second annual CFA Day (Coalition of Franchisee Associations). “I’m really looking forward to getting together with other operators from other franchise systems and with our elected officials and their staffs to discuss important legislation,” said Branca. “It’s important that we bring our perspective to these folks and discuss how new laws and reforms will impact our businesses.”
Read More »Dunkin’ Franchise Owner Banking on New Partnership
It’s a first for franchise owner Neal Faulkner, as well as for Dunkin’ Brands and Citizens Bank, but it may not be the last: a Citizens Bank branch and ATM has opened inside an existing Dunkin’ Donuts shop. With a heavy emphasis on customer convenience, this partnership represents innovative and ground-breaking thinking on the part of both brands and it just might prove to be a match made in heaven. Both Citizens and Dunkin’ are happy with the early results in terms of increased foot traffic and activity.
Read More »Dunkin’ Franchise Owners in Presidential Spotlight
On October 21, President Barack Obama announced important new steps his Administration is taking to support small businesses. During his speech, the President referred to a few specific small business owners, including Dunkin’ Donuts franchise owner Andy Cabral who was in attendance along with several International Franchise Association (IFA) members and Maria Icaza, also a Dunkin’ franchise owner. Secretary of the Treasury Tim Geithner and Small Business Administration (SBA) Administrator Karen Mills flanked the President during the speech, which took place at Metropolitan Archives, a small family-operated records storage company in Landover, Maryland.
Read More »One Day Older, $2.3 Billion Poorer
Who loses in the CIT bankruptcy? That’s easy: all of us taxpayers. And who triumphs? Private enterprise in the form of Carl Icahn. Gary Weiss writes in Portfolio.com So how was your weekend? I don’t know about you, but I woke up Monday morning poorer by $2.3 billion.
Read More »McDonald’s Cautions on October sales
Mark Brandau reports in Nation’s Restaurant News that after posting another quarter of positive sales trends and profit growth, McDonald’s Corp. said October could be the month when its momentum finally falters in the face of the U.S. recession.
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