Dunkin’ Donuts Continues Expansion in 2014
The coffee and doughnut chain says it’s expected to open 685 to 800 new locations this year.
If you thought there couldn't possibly be room for more Dunkin' Donuts locations, think again.
Dunkin’ Donuts Brand Group announced Monday its plans to open 685 to 800 new Dunkin’ Donuts and Baskin-Robbins locations in 2014. The announcement came on the heels of the company’s strong 2013 global expansion, which resulted in 790 new Dunkin’ Donuts restaurants and Baskin-Robbins shops worldwide.
The Canton-based company opened 371 new restaurants in the U.S. last year including openings in Colorado, Texas and Utah. It also signed multi-store agreements in more than 20 other domestic markets including Southern California, Detroit, Michigan, Reno, Nevada, Salt Lake City, Utah and throughout Texas and Ohio, to name a few.
Last year Dunkin’ Donuts also expanded internationally opening 138 locations outside the United States including its first restaurants in the United Kingdom in the Greater London area and in Vietnam in Ho Chi Minh City.
With its 2013 success in Southern California, followed by the company’s efforts to include California’s Central Valley and Central Coast area last year, Dunkin’s says it plans to open locations in Northern California in 2014, saying the company believes it can eventually have 1,000 locations in California alone.
"We are delighted with Dunkin' Donuts' accelerated growth across the U.S., which demonstrates ongoing strong demand for our brand, and we remain on track for a five percent net annual development rate for Dunkin' Donuts U.S.,” said Nigel Travis, chairman and chief executive officer, Dunkin' Brands in a statement released Monday. “We are especially pleased with the solid start to our development plans in California where, to date, we have executed agreements for nearly 100 traditional restaurants. "All totaled, our franchisees and licensees opened 790 net new restaurants globally in 2013, and this year we expect to open 685 to 800 net new Dunkin' Donuts and Baskin-Robbins restaurants on a worldwide basis. We believe a major contributor to our strong year-over-year growth is the disciplined approach we consistently take to improving franchisee economics."