Grand Parade to close Dunkin', Baskin Robbins in South Africa [Reuters (UK)]
DUNKIN BRANDS GROUP (DNKN)
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Source: Reuters
Grand Parade to close Dunkin', Baskin Robbins in South Africa | Reuters 1 Min Read (Reuters) - South Africa’s Grand Parade Investments Ltd said on Friday it had filed to close its Dunkin Donuts and Baskin Robbins franchises in the country due to poor performance and would instead channel capital into its chain of Burger King outlets. “The decision to exit Dunkin Donuts and Baskin Robbins was made following sustained losses in these businesses and an unsuccessful process to dispose of these businesses,” the company said in a statement. Reporting by Noor Zainab Hussain in Bengaluru; editing by Patrick Graham All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. Š 2019 Reuters. All Rights Reserved.
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