Dunkin' Donuts will open first Shanghai shop
Dunkin' Donuts said today it plans to open its first shop in Shanghai this spring, with a total of 100 new shops planned over the next decade.
It will be the first Dunkin' Donuts on mainland China, said the Canton-based chain of coffee-and-baked goods shops, which is embarked on an aggressive expansion plan following its 2006 acquisition by a trio of private equity firms.
Dunkin' Donuts, which is part of Dunkin' Brands Inc., announced last year it greater China expansion strategy and entry into Taiwan.
The company said it recently granted the franchise rights for Shanghai, and provinces of Jiangsu, Zhijiang, in the People's Republic of China to Mercuries & Associates, which is the franchise partner for Taiwan.
Mercuries opened its first Dunkin' Donuts shop in Taiwan in January 2007 and currently operates 10 shops there, Dunkin' Donuts said.
(By Chris Reidy, Globe staff)
