Nigel Travis gets an A- for his successful tenure as Dunkin’ CEO. That seems to be the agreement among analysts and a conclusion reached after reading news reports and industry updates. While not a perfect grade, Travis’s near decade-long tenure had successful benchmarks, such as bringing the company public and increasing the domestic and international…
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In the summer of 2007, news broke in the city of Cincinnati – the home of consumer brand giant Procter & Gamble – and in Boston – the home of Dunkin’ Donuts. P&G was to begin selling Dunkin’ coffee in supermarkets and other retail outlets. No longer did a customer have to go to a…
Read More »Although not unexpected, Dunkin’ Brands announced last week that it was refinancing and replacing $1.8B in debt with $2.4B in new debt which will be securitized at a bit lower interest rate. The new debt excess, around $600M, will be used for reserve accounts and future share buybacks. Also last week, DBI reported in a…
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Keurig Green Mountain this week announced they will increase the cost of their K-Cups and other coffee products by as much as 9%. The increase is expected to be effective early in November of this year. Caribou Coffee plans a number of additions to their food menu, announcing this week that green salads, wraps, pasta…
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Krispy Kreme has reached agreement with Green Mountain Coffee which will result in a Krispy Kreme coffee brand in K-Cups being put out to the market in the grocery and retail channels by the end of 2014. Speaking of Green Mountain Coffee Roasters, they were just hit with a lawsuit by Illinois-based TreeHouse Foods, Inc.…
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The second restaurant concept in a week has stepped into the single-serve coffee market, with Panera Bread (PNRA) announcing four K-cup coffee flavors will be marketed through the grocery store channel. This follows McDonald’s announcing its new coffee push last week.
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The still-weak global economy is having an impact on Green Mountain Coffee Roasters, Inc. as the company announced last week that it will close its Toronto coffee plant next March and merge the facility’s operation into the company’s Montreal plant. Read the story here.
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Last week we advised that Tim Horton’s continues to focus their growth efforts on US markets. This week they announced the addition of single serve K-cups to their retail offerings. In other competitor news, Sonic Drive-Ins announced they will soon offer egg whites as an addition to their breakfast menu as well as several new…
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Leslie Patton reports at BusinessWeek that – Sept. 16, 2012, is D Day — or at least K Day — for Green Mountain Coffee Roasters Inc. That’s when it will lose the main patents on K-Cups, the coffee pods that helped make Green Mountain the largest player in the $1 billion-plus U.S. single-serve coffee market.
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Businessweek reports that Dunkin’ Donuts will start selling its coffee in single-serve Keurig cups today, beating rival Starbucks Corp. to the market in a fast-growing portion of the coffee business.
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