Dunkin? Donuts move to California planned

The chain, owned by?Dunkin' Brands Group Inc., said Wednesday that it looking to open locations in Los Angeles, Riverside, San Diego, San Bernardino, Ventura and Orange counties by working with franchisees that run multiple locations.

By Associated Press / January 18, 2013

Dunkin' Brands CEO and Dunkin' Donuts President Nigel Travis announces Dunkin' Brands Group Inc.'s IPO at the NASDAQ stock exchange, in 2011.

Gary He/AP

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Dunkin'?Donuts?is going to bring its munchkins, coffee and doughnuts to Southern California.

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The chain, owned by?Dunkin' Brands Group Inc., said Wednesday that it looking to open locations in Los Angeles, Riverside, San Diego, San Bernardino, Ventura and Orange counties by working with franchisees that run multiple locations.

Dunkin'?Donuts?anticipates shops will start opening in Southern California in 2015.

"Expansion to California has always been part of our plan to grow?Dunkin'?Donuts' presence in the U.S.," Nigel Travis, CEO of?Dunkin' Brands and president of?Dunkin'?Donuts?U.S., said in a statement.

It is also hoping to team up with some food service operators that can help bring its food and drinks to places like colleges and universities, casinos, military bases, supermarkets, airports and travel centers.

The company said that it has been expanding in new markets across the U.S. and will also continue to open new restaurants in existing markets. Its long-term goal is to have more than 15,000?Dunkin'?Donuts?locations in the U.S.

Dunkin'?Donuts?opened 291 new restaurants in the U.S. last year. It plans to open 330 to 360 new locations in the U.S. in 2013.

Dunkin' Brands, which also runs Baskin-Robbins, has more than 10,000 restaurants in 32 countries.

Shares of?Dunkin' Brands, based in Canton, Mass., gained 9 cents to $34.11 in morning trading.

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/BTS0h7behn4/Dunkin-Donuts-move-to-California-planned

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