Canton / MA. (dd) Dunkin´ Donuts, the world´s largest coffee and baked goods chain, opened its first shop in Shanghai. The restaurant is located on Fuzhou Road, one of the busiest commercial streets in the city. The company has to date secured agreements to open a total of 150 shops in People’s Republic of China over the next ten years, and expects to sign additional commitments for expansion in other regions of China in the near future.
Mercuries + Associates, Dunkin´ Donuts´ franchise partner in both Shanghai and Taiwan, is set to open 100 shops in Shanghai over the next ten years. Two additional locations will open in the region by the end of this year. Mercuries, one of the largest companies in Taiwan, brings 25 years of retail experience, operating multiple consumer brands in the region. It currently operates 15 Dunkin´ Donuts shops in Taiwan and will open another 85 shops there over the next several years.
«Shanghai represents the first step in Dunkin´ Donuts growth in mainland China», said Anthony P. Pavese, Chief Operating Officer for Dunkin´ Donuts International. «We are committed to expanding our presence in the region and are actively looking for a portfolio of partners to further accelerate our growth».
The Dunkin´ Donuts restaurant in Shanghai will offer a complete menu of Dunkin´ Donuts internationally recognized coffee and baked goods. The restaurant will serve items customized to suit local taste preferences such as green tea donuts, mochi rings, which are cake donuts indigenous to the region, and iced fruit teas. The restaurant will be a welcoming environment for customers to connect with friends and family while discovering new food and beverage choices.
Dunkin´ Donuts has nearly 1’800 Dunkin´ Donuts shops in the Asia Pacific region, including more than 550 in Korea, 600 in the Philippines, and 260 in Indonesia. Altogether the company has more than 7’900 restaurants in 30 countries and territories worldwide. In 2007, Dunkin´ Donuts´ system-wide sales were 5,3 billion USD. Based in Canton, Massachusetts, Dunkin´ Donuts is a subsidiary of Dunkin´ Brands Incorporated.
OTHER TOPICS FROM THIS SECTION FOR YOU:
- SSP Group: announces Third Quarter Trading Update 2024
- LG Chem and ADM: Joint Ventures in Illinois are canceled
- Wendy’s: Company plans to expand into Europe
- Delivery Hero: may face significant fine due to antitrust violations
- Emmi Group: intends to acquire Mademoiselle Desserts
- AB Foods: announces strong H1-2024 performance
- DSM-Firmenich: Queen Maxima inaugurates new dual head office
- RBI: Announces Investments to Drive Growth in China
- Europastry S.A.: puts its IPO process on hold
- McCormick: Reports Second Quarter Performance
- Reborn Coffee: Closes Master License Agreement for UAE
- General Mills: Reports Fiscal 2024 Fourth-Quarter Results
- SunOpta expands plant for processing plant-based beverages
- Britannia: Operating profit grew 10 percent in FY-2023
- Tate + Lyle and CP Kelco to merge to leading global player
- Ülker Bisküvi: announces Q1-2024 financial results
- Europastry: intends to go public on the Spanish stock exchange
- Europastry S.A.: publishes 2023 Annual Report
- Swisslog: announces new Americas region headquarters
- Reborn Coffee: Expanding Omni-Channel Strategy