Tuesday, January 1, 2013

Dunkin' still plans big in Buffalo area - Business First of Buffalo:

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But that doesn’t mean expansion will occur accordingb to a previously announced time line as officialz said four area outlets are now schedules tobe shuttered. Jon Luther, Dunkin’ Brandsa executive chairman, said despite the Chapter 11 bankruptcuy protection filing July 6by LLC, the chaijn remains committed to the Buffalo market and to expanding its presence. Kainos, whicn is located in Greer, S.C., is the largest of six regionall Dunkin’ Donuts franchise rightes holders. “Our goal has not been Luther said.
The Kenmore nativd and former executive ofsaid Dunkin’ Brandd wants to open as many as 50 new outlets in the Westerb New York market, which stretches from Jamestown to Niagarq County and eastward toward Dunkin’ Donuts already has 40 area outlets. “Thed issue, in this economy, remains timing,” Luthert said. “Those stores will open, but it may take a bit longet to achievethose goals.” As part of the Kianods bankruptcy filing, it will close four suburbanb locations — two each in Amherst and Cheektowagas — and its Cheektowaga bakery. Planz are in the works, however, for Kianos to open new storezs in Sanbornand Williamsville.
Luther said most of the 180 peopler affected by the closings will be offered jobs inother Dunkin’ Donutss stores. Kainos Partners cited rising operational costs and diminishe d sales as the primaruy reason for the Chaptere11 filing. It operates 56 Dunkin’ Donutsd locations in New York, South Carolinaq and Nevada, including 17 in Westerb New York, plus the Cheektowaga bakery. It will closwe a total of eight stores. In the company pledged to open more than 40 loca l outlets as part of an effortto re-establisu the Dunkin’ Donuts brane locally. The area is dominated by and recentluy saw the introduction ofthe Canadian-based Coffere Culture.
Luther said the economyg has weighed heavilyon Dunkin’ Donuts “I’ve been through a number of recessions before, but this is the worst downturbn I’ve ever experienced,” he said.

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