Latest Weather Blog
Dunkin' taking on Starbucks by adding espresso to its menu
First, Dunkin' dropped the "Donuts" from its name.
Now, it's adding espresso drinks to its menu. Dunkin' says most of its 9,200 U.S. stores will offer lattes, cappuccinos and other espresso-based hot and cold drinks by the holiday season. It's part of an effort by the Canton, Massachusetts-based chain to increase beverage sales - already 60 percent of its revenue - and compete more directly with Starbucks Corp.
But it has a long way to go.
Starbucks controlled 56 percent of U.S. coffee cafe sales in 2017, while Dunkin's share was 27 percent, according to Technomic, a research company. Dunkin' said earlier this year it was investing $100 million to modernize its U.S. stores. The company now says more than half that total is being used to buy espresso equipment.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
New charges filed in Nathan Millard investigation
St. James: Glory, grace & gumbo - Sunday Journal
Crowds gather to St. Joseph's Cathedral Sunday to honor feast day in...
Dr. Hypolite Landry, former EBR coroner and record-setting pilot, dies at 96
St. Joseph's Cathedral celebrates day dedicated to St. Joseph, patron saint of...
LSU women's basketball looking to fight Michigan's height with speed
LSU Baseball opens SEC play - WBRZ Sports Takeover
Stadium Golf Tour comes to Baton Rouge
Catholic upsets Scotlandville in DI select title game for program's first state...
Port Allen wins 4th straight state title over Winnfield