REAL ESTATE

Dunkin’ Donuts plans nine new stores in Reno

BY Dan Berthiaume

Canton, Mass. – Dunkin’ Donuts has signed a multi-unit store development agreement with new franchise group, HT2 Franchising, LLC, to develop nine new restaurants throughout Reno, Nev. The first restaurant is expected to open in 2015 and the remainder by 2020.

With this agreement, Dunkin’ Donuts franchise opportunities are sold out in Reno, but opportunities exist to grow the brand throughout the West in Colorado and California.

Dunkin’ Donuts’ new look includes four distinct restaurant design options for franchisees, each featuring variations in layout, color schemes, graphics, textures, furniture and/or lighting. Dunkin’ Donuts allows franchisees to select individual elements from any of the four options.

"Our secret to success is 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 believe that Nicole will become an important part of the local community she serves, and we welcome her to the Reno market."

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REAL ESTATE

Unleashed by Petco opens in Queens, N.Y., Nov. 9

BY Dan Berthiaume

San Diego — Unleashed by Petco, specialty pet supply banner of the Petco Animal Supply. Inc. chain, opens a new store in the Fresh Meadows section of Queens, N.Y., on Nov. 9.

Unleashed by Petco stores include features such as the Pet Deli, which offers a display of assorted fresh and frozen food. There is also a special sample wall where pets can taste test to find their favorite food.

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FINANCE

Poll: Americans pessimistic on economy

BY Dan Berthiaume

New York — Looking ahead, there is a sense of pessimism on the economy in the next few months among U.S. consumers. In September 2013, Harris Poll results showed that almost half of U.S. adults (46%) said, in the coming year, that they expect the economy to stay the same, while less than one-quarter (22%) expected it to improve and one-third (32%) expected it to get worse.

In October 2013, new Harris Poll results of 2,638 U.S. adults indicate that while 22% still believe the economy will improve in the upcoming year, now four in 10 Americans (41%) believe the economy will get worse and 37% say it will stay the same.

There is also a growing sense of pessimism on household finances. While just less than half of Americans (48%) say they believe their household financial condition will stay the same in the next six months, 18% believe it will get better and one-third (34%) say it will get worse. In September, 19% believed it would get better and 29% believed it would get worse.

When it comes to the job market, the sense of pessimism is not as severe as with the overall economy. One in five Americans (20%) say the current job market in their region is good, while one-third (32%) say it is neither good nor bad and almost half (48%) say it is bad. In August, almost one-quarter (23%) said the job market was good and 46% said it was bad. Looking ahead six months, one in five U.S. adults (20%) say they job market in their region will get better, 53% say it will remain the same and 27% believe it will get worse. Two months ago, one-quarter of Americans (25%) said the job market would be better in six months and 24% believed it would get worse.

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