Dunkin’ Donuts to expand presence in Germany
Canton, Mass. — Dunkin’ Donuts announced Monday that it has signed a franchisee agreement to expand the brand’s presence in Germany.
The new franchisee group, consisting of local businessmen Sadi Sanlav and Mo Rahimi, plans to develop at least 15 new Dunkin’ Donuts restaurants in the Frankfurt, Rhine-Main area of Germany over the next five years.
Dunkin’ Donuts currently has more than 30 locations across Germany, concentrated in the Berlin and Nordrhein-Westfalen metropolitan areas. With the new franchisee agreement, the total number of Dunkin’ Donuts restaurants in Germany will rise to nearly 50 locations in the coming years.
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McDonald’s profit dips in Q2
Oak Brook, Ill. — McDonald’s Corp. reported Monday that net income for the quarter ended June 30 dipped 4% to $1.3 billion, from $1.4 billion in the same period last year.
Revenue was essentially flat at $6.915 billion, compared with $6.905 billion in 2011.
Global same-store sales increased 3.7%, led by Europe at 3.8% growth and the United States with 3.6% growth.
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BevMo! adopts Revionics price and promotion optimization solutions
Roseville, Calif. — End-to-end merchandise optimization solution-provider Revionics said that beverage retailer BevMo! has selected Revionics as the provider of its price and promotions optimization system.
In a three-year agreement, Revionics will be providing BevMo! Revionics Price Optimization for base price management and optimization and Revionics Promotion Optimization for promotion planning and optimization.
The company will also be delivering its Store Clustering Analysis services that will scientifically group stores for optimal pricing alignment.
“Revionics’ solutions will enable us to improve our cross-functional collaboration efficiency, reduce manual processing through automation and provide our teams with real-time access to fact-based data for more effective pricing and promotions,” said Alan Johnson, CEO for BevMo!