Word: dunkin
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Dates: during 2000-2009
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However you get your hands on a house, it's important to remember that foreclosures are often cheap for a reason, like having a cracked foundation. Says Terry Dunkin, president of the Appraisal Institute: "Just because it's priced less than other houses in the neighborhood doesn't mean it's a great deal...
...Veterans Affairs jointly launched the Transition Assistance Program in 1989, and each branch of the military has since then added its own workshops. States help, too, with internship programs for wounded vets or assistance in launching businesses. Then there are the corporations - Home Depot, Union Pacific, Starbucks, Raytheon, Dunkin' Donuts, Merrill Lynch - that trumpet veteran-hiring programs with names like Operation Career Front...
Beard Papa's is the Dunkin' Donuts of Japan, only it has replaced fried dough with cream puffs on steroids. It opened its first U.S. store in 2003 and has been invading mall spots. Inside each store, Japanese women in uniforms push down on metal levers to plop rich, creamy custard mixed with whipped cream into oversize profiterole shells. Like so much of Japanese culture, Beard Papa's has taken our creation and refracted it through the mythological wholesomeness of America in the 1950s--which is just what you want fast-food dessert to taste like...
...these changes are making some longtime franchisees nervous. Store owners typically net about $170,000 on revenues of $850,000 per store each year, even after Dunkin' takes its 5% cut of sales and 5.9% in advertising and management fees. But upgrading to the new look, mandatory by 2015, will cost more than $200,000 per store, wiping out a year's worth of profits. And some question whether the $7,500 TurboChef ovens are worth buying when the new hot food items may bring only marginal sales increases. Microwaves work fine for breakfast sandwiches, they say. Currently...
...over nervous owners, Dunkin' is pointing south, to Sarasota. At the prototype store, franchise partners Marvin Kaplan, Kevin Millard and Shawn Cabral say new chicken biscuits, flatbreads and pizzas account for 10% of sales. Their shop, close to popular Siesta Key Beach, is packed by 10 a.m. on weekends. It opened on Jan. 26 and is already beating sales at their other store, which is about a mile farther from the beach and brings in $1.2 million a year, according to Cabral. With more than 5,000 customers turning out for the first week and the average sale totaling...