Competitor News

Krispy Kreme announced this week that the company’s new flagship store in New York’s  Times Square is slated to open on September 15. The store was originally scheduled to open back in June of 2019, but that opening was delayed for months until May of this year when the coronavirus pandemic pushed it off further.…

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Competitor News

With plant-based proteins all the rage over the past year or so, Starbucks announced last week that it too is joining the craze, but at this point, just north of the border.  The company announced last week that on March 3 across Canada, it will launch a Beyond Meat breakfast sandwich, the first imitation meat…

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Competitor News

As more QSR brands engage their customers with plant-based additions to their menus, Tim Hortons is going the other way with an announcement this week that the company has removed its Beyond Meat offering from all stores within the provinces of Alberta and Calgary. Tim’s had previously ceased offering plant-based options in all Canadian stores…

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Competitor News

Krispy Kreme walked back its earlier decision to bring the hammer down on enterprising college student Jayson Gonzalez. The college senior was driving 8 hours one way to Iowa to purchase dozens of Krispy Kreme donuts weekly. He would then drive back to his college in Minnesota where there are no stores and resell the…

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Competitor News

After opening new corporate offices and a test kitchen, Krispy Kreme opened a newly designed store in Charlotte a few weeks ago. Their first comprehensive redesign in over 10 years, the new store boasts digital and interactive features along with an expanded menu. Likewise, Tim Hortons unveiled their first new “Innovation Café” on the first…

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For this Florida Franchisee Success is All In The (Extended) Family

If there’s one thread that runs through John Griffey’s success story as a Dunkin’ franchisee, it is family—particularly if you include the extended family he’s developed during his two decades in the business. “It really is a family business,” says Griffey. “Myself and my wife Jean, Jim and Judy Yoakum, the Zepka family in Connecticut,…

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Miscellaneous

We noted yesterday a story on JAB Holdings, frequently viewed as a potential purchaser of Dunkin Brands, making another purchase, albeit a small one at less than $500M and possibly buying Insomnia Cookies. The late night brand, which JAB would buy through its Krispy Kreme brand as a way to move the chain more prominently…

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Competitor News

We read with some surprise that Krispy Kreme was named Coffee Shop of the Year according to a recent Harris Poll (they must have had Hillary winning in 2016 as well?). We also noted that Nestles has agreed to pay $7 Billion for the right to market Starbucks coffee products outside its shops. The deal…

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Competitor News

For the better part of this week, Krispy Kreme was silent on whether the rumors that the company would lay off workers and move its headquarters from Winston-Salem to Charlotte, NC. Well, at long last, the JAB owned company acknowledged that it will lay-off 90 employees from its headquarters, which will remain in Winston-Salem, but…

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Miscellaneous

Restaurant Brands International, Inc. held a Q4 earnings call this week, and Tim Horton’s revealed surprisingly strong US same store sales – +3.6% for the quarter and +4.9% on the year – stronger than Dunkin’ and close to that of Starbucks, albeit on a very small geographic base. RBI does not break out ticket and…

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