Grand Parade Investments (GPI) has announced that it has closed down Dunkin Donuts and Baskin Robbins in South Africa due to poor performance. In a shareholder statement on Friday (15 February), GPI said it has filed an application for the voluntary liquidation of these businesses.
Why did Dunkin Donuts close in South Africa?
In February the JSE-listed Grand Parade Investments (GPI) said it was shutting down Dunkin’ Donuts in South Africa because of the poor performance of stores. GPI said it made efforts to find a buyer for the business, but ultimately decided liquidation was the best course of action.
Is there a Dunkin in Africa?
The American coffee and baked goods brand, Dunkin’ Donuts opened their first store in South Africa, making it their 45th country that has joined the franchise. Grand Parade Investments, which are listed on the JSE, entered into the agreement to own the master franchise in South Africa with Dunkin’ Donuts.
Why did they remove Donuts from Dunkin Donuts?
Dunkin’ Donuts, purveyor of, well, donuts and other confections typically ingested in far too much haste, is dropping Donuts from its name starting in January. The company says it’s making the move to become better friends with its customers.
What is Charli D’Amelio Dunkin drink?
The Charli Cold Foam offers a remix of Charli’s go-to Dunkin’ order that debuted on Dunkin’ menus in September 2020. The Charli Cold Foam features her famous Dunkin’ favorite – a Dunkin’ Cold Brew with three pumps of caramel – now with Sweet Cold Foam and cinnamon sugar on top.
Does South Africa have a Dunkin Donuts?
The brands have been in South Africa for little over two years, after GPI launched them in country at the end of 2016. … As of February 2019, there are only 11 Dunkin Donuts stores in the country – all in Cape Town and surrounds – while only 5 Basking Robbins outlets opened, all in the same city.
When did Dunkin Donuts open in South Africa?
American fast food brands Dunkin” Donuts and Baskin-Robbins opened up in South Africa back in 2016 with scores of South Africans lining up to feed their curiosity and try the store they may have seen on TV shows and movies.
How do I open a Dunkin Donuts?
How to open a Dunkin’ Donuts franchise?
- Ensure you have adequate capitalization. …
- Appreciate the investment required for a franchise. …
- Evaluate your prior experience and strengths. …
- Assess market availability. …
- Submit your application. …
- Receive approval & opening your Dunkin’ Donuts franchise.
Is there a Starbucks in Africa?
In 2021, the brand marks five years of operation in South Africa. Starbucks Corporation operates 33,000 stores globally, while Starbucks South Africa has grown its portfolio from 16 outlets to 25, in locations including Johannesburg and Cape Town.
What’s the new name for Dunkin Donuts?
After months of testing a possible name change, Dunkin’ Brands is finally ditching the word “donuts” from the coffee chain’s branding and logo. The company, which also owns Baskin Robbins, said Tuesday that its company name, Dunkin’ Brands, will remain the same. The switch to just “Dunkin” will begin in January.
Is Dunkin Donuts not selling donuts anymore?
Dunkin’ officially drops Donuts from its name
The food chain announced Tuesday it will rebrand as simply Dunkin’, with the new branding making appearances at locations and on merchandise starting in January. However, it’s not dropping the breakfast staple that helped make the chain famous.
Did Dunkin Donuts change its name to Dunkin?
Dunkin’ Donuts has officially changed its name — see the new Dunkin’ Don’t worry, the coffee chain still sells doughnuts. Well, well, well. Look who (or what, rather) just got a flashy New Year’s makeover.