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Dunkin Donuts switching focus to beverages
Canton, Mass. -- As part of a brand overhaul, Dunkin’ Donuts is switching its focus from doughnuts and baked goods to coffee and other beverages. At this week’s annual consumer conference hosted by investment banking firm Jeffries, Paul Carbone, CFO of parent company Dunkin’ Brands Group, said beverages accounted for 58% of sales at U.S. franchise locations last year.
“We are a beverage company,” Carbone said. “Fred the Baker is not coming back.”
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BJ's marks 200th club opening
WESTBOROUGH, Mass. — BJ's Membership Club is celebrating its 200th store opening with its latest location at 5200 Red Tip Road in Fayetteville, N.C. The club will feature a fresh bakery, BJ's Cafe, deli, optical services, rotisserie chicken, tire center, gas station and Verizon Wireless Kiosk.