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Franchise News - Article
01.12.2008
Dunkin' Donuts opens its first shop in Mainland China
Dunkin' Donuts has announced the opening of its first shop in Shanghai. Mercuries & Associates, Dunkin' Donuts' franchise partner in both Shanghai and Taiwan, is set to open 100 shops in Shanghai over the next 10 years. According to the information provided, the company has to date secured agreements to open a total of 150 shops in Mainland China over the next 10 years, and expects to sign additional commitments for expansion in other regions of China in the near future.
Anthony P. Pavese, Chief Operating Officer for Dunkin' Donuts International, commented, “Shanghai represents the first step in Dunkin' Donuts growth in mainland China. We are committed to expanding our presence in the region and are actively looking for a portfolio of partners to further accelerate our growth.”
Founded in 1950, Dunkin' Donuts is, it says, the largest coffee and baked goods chain in the world. The company has more than 7,900 restaurants in 30 countries and territories worldwide. There are nearly 1,800 Dunkin' Donuts shops in the Asia Pacific region, including more than 550 in Korea, 600 in the Philippines and 260 in Indonesia. (kbp)
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