Foodservice DECODED
Previous edition: 03 May 2024
Share article
Get the full version straight to your inbox.
Exclusive access to our best-in-class data & intelligence
Subscribe now
Dunn Brothers Coffee to open 250 new stores across US
Minneapolis-based chain Dunn Brothers Coffee has unveiled a five-year expansion strategy to increase its retail presence to 250 stores in the US.
The initiative will leverage franchising as a key driver for growth, capitalising on the brand's market position and the burgeoning coffee industry.
Dunn Brothers currently operates 50 outlets across Iowa, Minnesota, Missouri, North Dakota, South Dakota, Texas and Wisconsin.
The expansion plan offers advantages to owner-operator groups: a robust business model, dedicated support and the leverage of a known brand.
Dunn Brothers president Scott Harvey stated: “We have a legacy of quality and keeping that as our north star allows us to bridge generations.
“For many communities, access to quality coffee has been limited, or even nonexistent, but we see an opportunity to change that.”
Harvey, who previously led the New York-based chain Golden Krust Caribbean Bakery, was appointed president in August 2023.
The company has five new stores ready to launch and plans to introduce drive-through-only locations.
The new sites will expedite growth, particularly across states new to the brand. The initial focus of the expansion will be along the Interstate 35 corridor, which stretches from Minnesota through Iowa, Missouri, Kansas, Oklahoma and Texas.
In March 2024, Caribou Coffee, a competitor of Dunn Brothers, finalised a $260m licensing agreement with JDE Peet’s.
The deal, announced in January, includes the transfer of Caribou Coffee’s roasting operations in Minnesota along with its office coffee and foodservice contracts.
The agreement will allow Caribou Coffee to concentrate on its primary retail operations while enhancing JDE Peet’s footprint in the North American premium coffee market.
Latest news
Craveworthy acquires Sigri Indian BBQ brand in US
US fast-casual restaurant platform company Craveworthy Brands has expanded its brand portfolio with the acquisition of the Sigri Indian BBQ restaurant brand.
Wendy's net income rises 5.5% to $42m in Q1 2024
American fast-food restaurant chain Wendy’s has reported a net income of $42m for the first quarter of 2024, a 5.5% increase compared to $39.8m reported a year previously.
Krispy Kreme to expand into Germany with ISH Kreme
Global doughnut company Krispy Kreme has announced a strategic partnership with restaurant group ISH Kreme to introduce its iconic doughnuts to the German market.
Toast unveils digital storefront and marketing suite for restaurants
Toast, a technology platform catering to the restaurant industry, has introduced its Digital Storefront Suite and Marketing Suite, aimed at boosting digital hospitality.
SSP Group acquires ARE in expansion of Australian airport presence
British foodservice company the SSP Group has completed the acquisition of Airport Retail Enterprises (ARE), enhancing its portfolio in Australia.
Wingstop net income for Q1 soars more than 83%
American restaurant chain Wingstop has reported an 83.5% surge in net income for the first quarter of 2024, with figures reaching $28.7m from $15.67m a year previously.
Odd Burger to open three new locations in Canada
Canadian franchised vegan fast-food restaurant chain Odd Burger plans to open three new restaurant locations in May and June 2024.
In our previous edition
Foodservice Decoded
Compass Group concludes acquisition of UK food business CH&CO
02 May 2024
Foodservice Decoded
Starbucks' attributable net earnings shrink 15% in Q2 2024
01 May 2024
Foodservice Decoded
Caribou Coffee adds fruit shakers and energy drinks to summer menu
30 Apr 2024
Newsletters in other sectors
Aerospace, Defence & Security
Medical Devices
Travel and Tourism
Search companies, themes, reports, as well as actionable data & insights spanning 22 global industries
Access more premium companies when you subscribe to Explorer