Donndole Development History Donndole partnered with Coca-Cola to launch instant iced coffee!
Dunkin Donuts, one of the largest coffee and dessert chains in the United States, has teamed up with Coca-Cola to launch a new line of ready-to-drink bottled iced coffee.
This new line of ready-to-drink bottled iced coffee comes in three flavors: French Vanilla, Mocha and Original.
As far as the U.S. market is concerned, Dunkin 'Donuts, a well-known coffee donut chain in the United States, is the second largest coffee brand after Starbucks and has always been regarded as a competitor to McDonald's and Starbucks coffee business.
Under the influence of the epidemic "black swan," Dunn Dole stores struggled in the epidemic. In June last year, Dave Hoffmann, CEO of Dunn Dole, announced at an investor call after the earnings report that the brand planned to permanently close more than 800 stores in the United States.
In addition, on October 27 last year, foreign media reported that Dunkin 'Group issued a statement saying that it would consider selling its coffee doughnut chain Dunkin' Donuts and ice cream chain Baskin-Robbins. Earlier reports said that the transaction valued Dunkin Brand Group at US $106.50 per share, with a total transaction value of nearly US $9 billion.
According to the data, the first Dunkin Donuts and Coffee Store was founded in 1950 in the suburbs of Boston, Massachusetts, USA. It is one of the world's famous donut chain stores. In 2007, Dunkin Donuts ranked among the top ten fast food chain brands in the United States and was elected as the favorite coffee brand of Americans. Dunkin Donuts 'main product categories are coffee and donuts.
Listed on NASDAQ in 2011, Dunkin 'Donuts announced on September 24, 2018 that it would change its name to Dunkin' to remove the "Donuts" in its original name, which means doughnuts. In addition, Dunkin 'Donuts has also begun to transform itself, weakening the restrictions of "doughnuts" on consumer brand association. Most of its business is now concentrated on coffee sales.
Dunkin 'Donuts was acquired by Allied Domecq PLC in 1990 and Carlyle Group in 2006. However, despite this, Dunkin' Donuts has always regarded Starbucks as a competitor. In the United States, Dunkin 'Donuts is the second largest coffee brand after Starbucks. It entered the Chinese market in 2008 and opened its first store in mainland China in Shanghai. However, Dunkin' Donuts 'development in the Chinese market is also tortuous.
Since entering the Chinese market in 2008, Dunn Dole stores have opened and closed. At present, there are only dozens of stores nationwide, which is still a big gap compared with the more than 4,000 stores owned by its rival Starbucks in China (as of the end of the third quarter of 2020).
According to statistics, by the end of 2019, the coffee doughnut chain Dundonut has 12000 stores worldwide (8000 in the United States), one of the largest coffee dessert chains in the United States, and has been regarded as a competitor to McDonald's and Starbucks coffee business in the United States. Previously, Dundonut also proposed plans to open 1000 stores nationwide by 2020.
Now Dunkin 'Donuts and Coca-Cola are teaming up to launch ready-to-drink iced coffee. Can they better expand the coffee market?
* Image source: Internet
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