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Dunkin’ Donuts looks to expand West
New York City -- Dunkin' Donuts is looking to expand in the western part of the country. The chain said it is actively seeking franchisees for parts of Colorado, Texas, Nebraska, Oklahoma and New Mexico, regions in which the Dunkin barely has a presence.
To entice would-be franchisees, the company will offer reduced royalty fees and extra money for local advertising.
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Men’s Wearhouse Q2 profit up 33%, looks to open 110 stores in next five years
Houston -- Increased sales across its brands helped drive The Men's Wearhouse’s second-quarter net income up nearly 33%, beating estimates.
The retailer earned $57.1 million for the fiscal quarter that ended July 30, up from $43 million in the same quarter last year.
Revenue increased 22% to $655.5 million. Men's Wearhouse said its purchase in 2010 of two British uniform and work-wear companies helped drive business.