REAL ESTATE

Dunkin’ Donuts to open 86 new units in nation’s capital by 2020

BY Marianne Wilson

Canton, Mass. — Dunkin’ Donuts has 86 new restaurants slated for development in the Washington, D.C., market by 2020. The company said 15 development agreements were signed over the past year that will deliver 64 new restaurants, in addition to 22 restaurants that were previously contracted.

"Washington, D.C., has been a priority growth market for Dunkin’ Donuts and these 15 agreements have essentially sold out Dunkin’ Donuts development opportunities in the Washington D.C. Metropolitan area," said Grant Benson, CFE, VP franchising and market planning, Dunkin’ Brands. "These deals represent a 50% increase in rooftops from the 125 restaurants in the market right now."

Hank Huth, an existing franchisee since 2008, signed the largest agreement for a total of 38 units, which includes the acquisition of 16 existing restaurants, as well as purchasing a central manufacturing location in Washington, D.C.

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Toys ‘R’ Us to debut in Poland

BY Katherine Boccaccio

Wayne, N.J. — Toys “R” Us said Wednesday it will make its debut in Poland at the end of November, opening a store in Warsaw.

The company, which currently operates 300+ stores in Europe, said it will add several additional locations in major cities throughout Poland in 2012.

Toys “R” Us opened a corporate headquarters for its Poland operation in Warsaw in August, employing approximately 25 people who function in merchandising, marketing, human resources, store operations and finance roles. The new 25,000-sq.-ft. store in Warsaw will be located in the Blue City Shopping Center and will create approximately 30 additional local jobs. To stock the new store, the company will utilize its existing European distribution channels.

The debut Warsaw store will also feature a small Babies “R” Us section in order to create a one-stop shopping experience the company says is consistent with its integrated strategy across the globe.

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Dick’s Sporting Goods opening five stores

BY Staff Writer

Pittsburgh — Dick’s Sporting Goods announced it is opening five stores this week.

The retailer will be opening stores at Fort Smith Pavilion, Fort Smith, Ark.; Springbrook Prairie Pavilion, Naperville, Ill.; Indian Mound Mall, Heath, Ohio; The Shops at Stonewall, Gainesville, Va.; and Lisbon Landing, Lisbon, Conn.

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