REAL ESTATE

Dunkin’ Brands plans 17 new Dunkin’ Donuts stores in Texas

BY Dan Berthiaume

Canton, Mass. – Dunkin’ Brands plans to open 17 new franchise Dunkin’ Donuts stores in west and central Texas in the next several years.

Dunkin’ Brands has signed multi-unit store development agreements with two new franchise groups. New franchise group Niknud LLC plans to develop eight traditional Dunkin’ Donuts restaurants and three Dunkin’ Donuts/Baskin-Robbins combination units throughout western Texas in Abilene, Amarillo, Lubbock and San Angelo. The first restaurant is planned to open in 2014 and the remainder by 2019.

In addition, new franchise group Alamo Donuts LLC plans to develop five traditional Dunkin’ Donuts restaurants and one Dunkin’ Donuts/Baskin-Robbins combination location in San Antonio, Texas. Led by principal Jeff Phillips, its first restaurant is planned to open in 2014 and the remainder by 2019.

Dunkin’ Donuts franchise opportunities are still available in Texas in Beaumont, Wichita Falls, Tyler and Midland/Odessa. Opportunities also exist to develop Baskin-Robbins shops across Texas. More than 100 total new Dunkin’ Donuts locations are planned to open in Texas in the next several years.

"We’ve experienced incredible growth throughout Texas recently, which wouldn’t be possible without our passionate franchisees who provide a high-level of customer service to our guests every day," said Grant Benson, CFE, VP franchising and business development, Dunkin’ Brands. "We have more than 100 restaurants planned to open over the next several years with outstanding franchise partners and are thrilled that Niknud LLC and Alamo Donuts LLC have chosen to grow with us in the Lone Star State."

Dunkin’ Donuts’ has a new look that includes four distinct restaurant design options for franchisees, each featuring variations in layout, color schemes, graphics, textures, furniture and/or lighting. The designs called Original Blend, Cappuccino Blend, Dark Roast and Jazz Brew are designed to enhance the current restaurant appearance, environment and layout to serve people all day long. Unlike other quick-service restaurants, Dunkin’ Donuts allows franchisees to select individual elements from any of the four options, creating a restaurant design that reflects their personal tastes and preferences, and best serves their specific restaurant size and location.

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FINANCE

Deloitte Consumer Spending Index dips in August

BY Dan Berthiaume

New York – The Deloitte Consumer Spending Index, which tracks consumer cash flow as an indicator of future consumer spending, slightly dipped in August.

The Index, which comprises the four components of tax burden, initial unemployment claims, real wages and real home prices, fell to 4.0 this month from 4.5 last month. The tax rate is up 6.4% from last year, and is now at 11.8%. Unemployment claims moved down 7.8% from the same period last year to 342,000 in the most recent month, while hourly real wages are down slightly from the previous month, but up 0.2% from last year. Real new home prices climbed 7.9% from this time last year to reach approximately $110,000.

"Consumers are seeing positive signals from the economy which may buoy confidence heading into the holiday season this fall," said Alison Paul, vice chairman, Deloitte LLP and retail & distribution sector leader. "Retailers that merge consumer data from their e-commerce and in-store businesses to gain a more holistic view of their shoppers will be strategically positioned to capitalize on the upcoming holiday season. They will also be better prepared to more appropriately target consumers — whether in-store or online — with the right marketing promotions to drive traffic and conversion."

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REAL ESTATE

Report: Projects show Detroit retail development demand

BY Dan Berthiaume

Detroit – Despite the widely reported financial troubles the Detroit area is facing, four current development projects demonstrate there is demand for new retail stores and restaurants in the city.

According to an article in Crain’s Detroit Business, all four projects are taking place near the Oakland Mall at the intersection of 14 Mile and John R. roads. Chicago-based Urban Retail Properties is reportedly developing Qdoba Mexican Grill and Starbucks locations off 14 Mile Road that will open later this fall.

In addition, Jersey Mike’s Subs and Chipotle Mexican Grill locations are slated to open in a new development opening at the end of this month near the 14 Mile Road-John R. Road intersection. That site has another 2,500 sq. ft. of available undeveloped space. Unconfirmed reports also say that a standalone building under construction at 321 W. 14 Mile will house a mattress store.

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R.Abbott says:
Sep-17-2013 01:16 pm

These locations are not in Detroit
Your report is off base by claiming these locations are in the city of Detroit. They are 6 miles to the north in Troy, a suburb that is not part of the much publicized bankruptcy. The Oakland Mall area is a well established and stable retail area. There is sure to be an effect on the regional economy once the full cuts to the Detroit city workers have been finalized. But that force has yet to be unleashed. If you are looking for bright spots in the city of Detroit, report on the new Meijer that recently opened on 8 Mile Rd. or the retail development downtown to gauge demand in the city.

R.Abbott says:
Sep-17-2013 01:16 pm

Your report is off base by claiming these locations are in the city of Detroit. They are 6 miles to the north in Troy, a suburb that is not part of the much publicized bankruptcy. The Oakland Mall area is a well established and stable retail area. There is sure to be an effect on the regional economy once the full cuts to the Detroit city workers have been finalized. But that force has yet to be unleashed. If you are looking for bright spots in the city of Detroit, report on the new Meijer that recently opened on 8 Mile Rd. or the retail development downtown to gauge demand in the city.

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