June 16, 1989 |
Unicorp Canada, spurned last month in a bid to buy Dunkin' Donuts, took on a partner Thursday and launched a $305.3-million hostile tender offer for the doughnut store chain. Unicorp and another Toronto-based firm, Cara Operations Ltd., offered $43 a share for Dunkin' Donuts, which has said it wants to remain independent and set up a series of defensive steps. Dunkin' Donuts Vice President and Treasurer Richard N. Hart Jr. said the company would have no comment on the latest offer.
November 18, 1998 |
The owners of Yum Yum Donut Shops have purchased the assets of East Coast Bagel, which include East Coast Bagel and Sonoma Valley Bagel cafes, according to an East Coast Bagel spokeswoman. Details of the transaction were not disclosed, though the spokeswoman said the acquisition price exceeded $2million. The new company will be called East Coast Sonoma and will consist of 23 cafes. East Coast Bagel filed for bankruptcy protection March 9 but continued to operate.
CALIFORNIA | LOCAL
December 12, 1997 |
A jury returned a $230,000 verdict against a San Fernando Valley doughnut company owner Thursday in a suit in which he was accused of defrauding a former franchisee by exaggerating profits and misrepresenting the rate of store failure and turnovers. Arthur S. Pfefferman, founder and president of Woodland Hills-based Donut Inn, must also pay John and Carol Salvino $75,000 in punitive damages as part of a separate settlement reached by both parties.
June 9, 1989 |
Winchell's Donut Houses, which has been struggling to boost sales and profits, said Thursday that it might put itself up for sale. The news was met with enthusiasm on Wall Street. The La Mirada-based company, which is organized as a limited partnership, posted the largest percentage gain--27.2%--on the New York Stock Exchange. Winchell's units, which are comparable to shares, rose 75 cents to close at $3.50. The announcement came one day after TW Services, which owns 42% of Winchell's, agreed to be acquired by a New York investment firm in a deal valued at $1.65 billion.
January 9, 2000 |
Acomposite of Jim Nakano's average customer would look somewhat like his air-conditioning repair man, local chamber of commerce members, his insurance man, a unicycle club that arrives at his door only by unicycle, cops, Nobel laureates, college students in droves, Elvis Presley's former karate teacher and--if you believe him--Elvis, too. The cops show up for the coffee. "They won't eat the strawberry doughnut," Nakano says.
CALIFORNIA | LOCAL
March 12, 1997 |
Ventura County sheriff's deputies arrested two 18-year-old men early Tuesday just outside Thousand Oaks on suspicion of robbing the Donut Hut on the 600 block of Lindero Canyon Boulevard. Ryan Dafesh of Woodland Hills and William Mitchell of Oak Park were spotted by deputies about 3 a.m. walking away from the doughnut shop right after the robbery, said Det. Frank O'Hanlon. The men allegedly ran off, but were chased down by deputies, O'Hanlon said.
February 4, 2001
Bob Zanolli has been appointed general manager of Winchell's Donut House in Santa Ana. He assumes the responsibilities of former president Tom Dowling. Zanolli had been vice president of strategic growth since 1999. Before joining Winchell's, he was vice president of operations for Koo Koo Roo Enterprises. * Jim Lucas, co-founder of SRS Labs Inc. in Santa Ana, has rejoined the company as director of sales for a new line of professional audio products.
June 3, 2013 |
Stop the presses and alert all cardiovascular surgeons. Dunkin Donuts is launching a new breakfast sandwich Friday, and it's on a doughnut. Yes, the doughnut chain has in its own words "gone and changed breakfast forever. Again. " The new sandwich consists of slices of bacon and a well-peppered fried egg between two halves of a glazed donut. But they left out the cheese. What gives, Dunkin' Donuts? The sandwich is listed on the company's website as having 360 calories and 20 grams of fat. But that's not the most caloric thing on the breakfast menu -- not by far. The breakfast chain also serves a Big N' Toasted sandwich on buttery Texas toast with an egg, cheese and bacon.
August 17, 2012 |
This week, Dunkin' Donuts released a new app that lets you pay for doughnuts with your iPhone, iPod touch or Android smartphone. I'm not sure anyone in America needs the act of buying doughnuts to be easier -- but that's not Dunkin' Donuts' problem. The Dunkin' app works like the Starbucks mobile payment app. Download it from Google Play or the App Store, then load it up with money. The card supports American Express, Visa, Mastercard, Discover and PayPal. The next time you need a doughnut fix, you can hand the cashier your mobile device to be scanned rather than using cold hard cash or a credit card.
June 7, 2013 |
The frenzy Friday morning over National Donut Day left shops around the Southland stripped of the sweet treats. “We were sold out by 8 a.m.,” said Yin Huynh, owner of K&K Donuts in Echo Park as she sold croissants and muffins to late-comers. Customers streamed in early Friday, buying boxes of dozens upon dozens of doughnuts to commemorate the holiday, Huynh said. But many also swung through on their way to graduation ceremonies at local schools. The desolation was similar throughout Southern California.