35 Burst results for "Dunkin"
Metro Atlanta's Fulton County DA opens criminal investigation into Trump attempt to overturn Georgia’s election
"As us. House managers made their case for the impeachment of donald trump fulton counties top prosecutor on wednesday launched a wide ranging criminal investigation into the former president the investigation by district attorney funny willis a democrat entering her second month in office centers on january second. Phone call to georgia's secretary of state brad. Reference burger in which trump pleaded with him to find enough votes to overturn his narrow defeat in the state. This letter is a notice that the fulton county district attorney has opened an investigation into attempts to influence the administration of the twenty twenty. Georgia general election willis wrote in correspondences delivered wednesday morning to rapids. Burger governor. brian. Kemp lieutenant governor jeff dunkin and attorney general chris car
Experts talk about the impact of Trump’s Georgia call on the Senate runoffs
"Thanks for joining us. The president is peddling baseless claims of election fraud. This time over a leaked phone call to a republican election official fueling a new political firestorm as georgia prepares for a pivotal runoff election. That may reshape. The nation's balance of power. Here's abc's steve olson. Saami it's the last push in the final hours before the us senate runoff election in georgia in the candidates in their parties. Biggest names are working overtime to convince enough voters to punch their ticket to washington our countries depending on you powers learn your head more than three million people. George already cast ballots in early voting. That took place in december. A million more than the total turnout for the last run off in two thousand eight. The choice is between republican incumbent. Senator kelly lovelier david purdue and democratic hopefuls. Jon saw and raphael warnock. The war for the majority of the senate comes down to georgia dish here and we need you all of us to stay in that breach. It looks like y'all ready for election five calls or texts today about voting. We'll keep the liberals away. It is time to vote like we have never voted before georgia. Each of them has been trying desperately to get their voters to show up at the polls second time never before has a runoff election in this state met so much it will determine who is in charge of the. Us senate sets the agenda. Who sets the policy with control of the senate on the line. People far away from georgia are all wound up in the states businesses from the white house. Twitter fight like hell. I'll tell you right to hollywood. Work isn't done. Everybody matters who wins. Get out and vote the outrage over a stunning phone. Call between the president and georgia's secretary of state. That's all the talk the night before the election. I just wanna find eleven thousand. Seven hundred eighty. You hear the president repeatedly asking brad rapids burger to give him more votes than biden's eleven thousand seven hundred and seventy nine vote lead in georgia and the hour. Long call lip brad. I gotta get. I have to find twelve thousand votes. And i have them times a lot to. What are we gonna do here. But i only need eleven thousand votes us. I need eleven thousand bucks. Give me a break. And and i'm not looking to blame anybody. I'm not just saying that you know under new cows and under new views of of the election results we won the election but rams burger who seek threats to his life over. All of this said no way. And there's nothing wrong with saying that you know that you've recalculated for mr president determines that you have is the data you have is wrong. You should want to have an accurate election. And you're a republican. We believe what we have an accident election. The georgia secretary of state continue to reject the president's wild claims of election fraud on good morning america. Did you consider it a lawful requests and the president asks you to find the votes lawyer. All i know is that we're going to follow the law. Follow the process truth matters. And we've been fighting these rumors for last two months. There are many who believe that it is no accident. That president trump is focused. Many of his claims a fraud on fulton county the largest in the state. It isn't just a blue county. It's also a largely black county and the president is being accused of trying to overturn the minority vote. Probably county is totally corrupt. They cheated like nobody's ever cheated before later. In the call. President trump even suggests that by refusing to hand the president. The november election robbins burger was hurting the chances of republicans running in the runoff. And because what you've done to the president a lot of people are going out to vote you would be respected if really respected if this could be straightened out before the election you have a big election coming up on tuesday. What's happening in georgia is a perfect storm. It is a telenovela in the making. It's gotta be confusing for republican georgia voters to hear that the elections in georgia and trustworthy at our fraudulent and have been manipulated and then wondered. Ask themselves well. Then why should i bother to tonight. President trump is still holding onto his false claims of fraud and still talking poorly about state. Officials were literally speaking truth to power. There's no way we lost your. This will be here a year and a half. And i'm going to be campaigning against your governor. And you're crazy secretary of state. We are a party of law. and order. georgia's lieutenant governor jeff dunkin who's both a republican and a trump supporter says. He wishes someone at the white house could have kept the president from making that phone. Call right before the election. What do you think about the possibility of folks looking into whether or not. The president broke a law with that phone call. I'm not a lawyer. So i'm going to let the lawyers go figure that out but i am qualified to tell you that that was an inappropriate phone. Call the longer that we try to use the excuse of voter fraud and misinformation to be the reason why we lost this presidential election. The longer it's gonna take for us to build our next platform. Duncan is part of a group of republicans. Who run this state. And we'll tell you to your face. That joe biden won the election here in that saying. So it's what's right. This is all about trust. I've got to look in the mirror. But more importantly i've got look at my three boys in the face. I spent all day trying to tell them to do the right thing. Always do the right thing. I can't imagine walking in that house one night and telling them yeah. I know i couldn't do the right thing. Today was on me. The forty five year old says. He's confident his two candidates can win despite the drama from pennsylvania avenue. I can't think of a single scenario where that phone call for. Sixty two plus minutes made any sort of difference in in getting david purdue and kelly leffler reelected but hopefully there's enough republicans at hang on tomorrow to show up and vote them in and represent our values. Historically democrats rarely win runoff elections in georgia. It's hard to get voters on the blue team to vote twice but former gubernatorial candidate stacey. Abrams says this is the year of the donkey. The national attention national investment as well as having a georgia infrastructure we were able to build a coalition in november. Is going to help come close to victory if not take it all the way. Abrams believes that her teams found the key to winning. We certainly were one of the most diverse battleground states but that diversity is only opportunity if we don't do the work to harness it. We were able to bring together. A latino population who's voting presence. Increased by seventy two percent over two thousand sixteen for asian american pacific islanders. It was a ninety one percent increase for african americans. It was a twenty percent increase.
Los Angeles Rams Hold Off Brady, Bucs Behind Goff’s 3 TDs
"Okay skip. We're going to get through this today. Let's talk about what we saw last night. The rams did beat the buccaneers last night. Twenty seven twenty four despite rushing for less than two yards per carry jared goff picked apart tampa secondary for three hundred seventy six yards and three touchdowns including over one hundred yards to both robert woods and cooper kupp. Meanwhile tom brady finished with two hundred sixteen passing yards on season low five yards per attempt and also threw two interceptions including one on the bucks. Final drive when they had a chance to tie or take the lead the game the forty three year old quarterback brady his third loss in prime time. This season shannon. How much was tom brady to blame last night. A lot of the half out of ten. Don't put this in primetime. Tom brady played more prime time games. Nine super bowl is that prime time thirteen. Afc championship game. Is that prime time. All the playoff game. Don't put that in prime time. Tom brady have played bad. It's as simple as their tom. Brady has not been good. This year needs played here. Well he played good if he hasn't put a game together No our young watched game at carolina just a week ago. Like virtuoso masterpiece when comprehend. Please just let me have my moment. just let me by moment. Twenty two incompletions. Wow if that good you thought about forty eight times you have slightly more than two hundred sixteen to one dollars that good. Goodbye it now. This what we hear brady was inaccurate all night last night on deep balls. Oh for six with two interceptions on throws twenty yards downfield skip bayless and pro football focus. Se tom brady's doing great during the ball down the field the last four gave. He's one for twenty. Throw twenty yards down the field with three interceptions. Now here the stat that somebody. I don't know who came up with this. That they call it a. He leaves the league you this. Tom brady leads. The league in a twenty yard throws sixty me lead to leave but he's twenty. Seven and completion percentage four and affection which third most. What was the final score. Time killed. kim. I will let you have. It was sixty five to nothing more. If i'm not janey why. What did i predict the finals. Go be laughing yesterday. you have no idea. I don't remember shad have really did better. Staleness only got one pro. Football focus also came all stay at near distance. It doesn't matter if the ball is complete or incomplete. Otto completion matter. It doesn't matter because don because you've been telling me all he does is drink and done his backs. Skip good if i thought about georgia. Being the hall of fame. Completions didn't battle. All i was only refuting your point. He's just a dink dunker now. That's what said he's got no arm. He's a noodle arm spaghetti white house. Completion percentage down the field who leads the whole. Nfl in air distance. And i think he just pulled away. Last night beth as consequential stat you saw him throwing the ball down the field lighting and dunk last night when he didn't think and how do look when did he deacon dunk. I think conductor for net three times that he dropped all three of them note that he had antonio brown hair thirteen target eight catches for fifty seven yards seven point one of material. He had ten targets. The chris with seven yards seven catches for fifty three yards. Dak seven point six. He had one receiver that had a double digit average own completion. You he deacon and dunkin what was the final score deferrals court with tom brady lost and the rams one. That's what jared goff. First of all jerry gulf in charm paid like the gave this thing away because they got ultra conservative and they got careless the football but somebody makes go but scale you look off last night. There's no way around it. I don't want to hear anything about the defense. Because i told you everybody based everything because if you wash tampa bay everybody wanted to annoy them after. They did with green bay. And i'll say if you watch that defense. I say the into who said i didn't get to us. They can be hey. I think they're very undisciplined. I out of position a lot more. You think but because that pass rush covers up but they don't get home they can be had. Whoa that they're coming. They could be had skilled. Tom brady he got happy feet. Another one get here and they gotta run. They really do a whole lot but they got around him a little bit and he had had like polka polka. Like do the poco.
US sensation Charli D'Amelio first to hit 100 million TikTok followers
"Famous in just 18 months. On Sunday yesterday, Social Media star Charlie D'Amelio hit 100 million followers on Tic tac. It's a milestone for Charlie. And definitely a milestone for tic tac well in and the smartphone era as well. Charlie, who was 16 years old is a while She is to tic Tac What Rafael Nadal is to the French Open. She is so dominant that there's only two other creators on the app that have more than 50 million followers. And I know most people listening to, you know who cares? Who cares? Well. She has more attention when it comes to everything on this world, including politics than you do. She has more attention than Donald Trump does in the world of social media thing, anybody else out there and I bring it up? Because It's become incredibly powerful in the world of business and politics. Here's the back story when she first downloaded Tic Tac in May of 2019 Charlie was just a kid filming dancing videos in her Connecticut bedroom. But thanks to the combination of her charisma, her business savvy, incredibly business savvy, plus just great timing, theatric itself just skyrocketing and popularity. She don't gain more than 94 million followers. In the first year, even more impressively, she did it without drinking cranberry juice. Now Charlie and are increasingly famous family. You're thinking way beyond Tic Tac. Her sister has quite a few followers as well in the social media realm. Charlie has 8.5 million subscribers on her YouTube channel 3.37 million followers on her Instagram channel, And she's also launched a podcast with her sister signed a book deal and has a Dunkin Donuts drink named after her. Now, uh You could spend this Thanksgiving plotting how your family's going to become a justice famous, but bring it up because it's it's incredible. Why would Duncan Donuts advertised anywhere else? When they're getting more play on Tic tac, other than of course, the Todd of Don show on NewsRadio Kill Beach. I wish we had 100 Million followers. Do we not Good night's pretty impressive. It's pretty amazing. It's just a shining example of what social media can do for some people out there. Okay. Show,
Dunkin' to Be Sold to Inspire Brands for $8.8 Billion
"Duncan and Baskin Robbins air getting a new owner when we hear more about that from Bloomberg's Denise Pellegrini, the owner of the Donut, an ice cream chains, has agreed to sell itself to the owner of Arby's at Buffalo Wild Wings. This $11.3 billion deal to inspire brands would be in the company would be privately owned, and Duncan is selling for almost 7% more than yesterday's clothes and 20% more than its stock price about a week ago, inspire calls Duncan in Baskin Robbins, two of the most iconic restaurant brands in the world. And also points to their international operations licenses and 15 million loyalty members. Duncan's digital operations and expansion beyond traditional breakfast have helped shares gained during the pandemic. City's Pellegrini Bloomberg radio.
Arby's and Buffalo Wild Wings owner buying Dunkin' Brands
"Duncan and Baskin Robbins, coming under new ownership soon inspire brands incorporated the company that owns Buffalo, Wild Wings, Arby's Sonic drive INS and Jimmy John's locations nationwide, adding Dunkin brands to their group and the price tag over 11 billion with a B dollars. There are over 12,000, Duncan's and close to 1000 Baskin Robbins restaurants in Operation. The Wall Street Journal says the deal will make inspire the second largest U. S restaurant chain by domestic sales after McDonald's
"dunkin" Discussed on Doughboys
"But I think we're we're the fifth. Of Five weeks here of Raqiba I think's GonNa break the format. Let's get a loose. Let's reinvent the show and hey, the thing that I would remind you guys is to remember that none of this matters for anything at all. Right, these that this is just a podcast it has no bearing on the world or anything. It means something to me. I do. That wrestling fan, God bless 'em. God. Bless 'em. God. Bless so so so I'll just go through what I got the way I mentally divided it Mitch was between hot. And savory for am and then sweet and cool for PM. Mentally. How I would classify what I would get at different times a day at Dunkin. But I'll just talk through everything I got, and then I'll let you guys do the same starting with with with with my am side I gotTa Vanilla Hotline. The the issue with with the latter I love Vanilla Vanilla flavor it's not playing. The issue is that this vanilla was a little artificial tasting I. WE talked about things being medically. And this is this is a similar sort of thing unfortunately at almost tasted more like caramel then vanilla the other issue is this one and I was surprised by this because I would think they'd have a better cup situation but this one didn't stay hot on the track home I, picked it up and then it it it got room temp However the food for the morning was was much better. I got the everything Bagel Minis. Which I was skeptical of because they a little bit process but man. These were surprisingly good and I wrote down best thing I had I could eat ten of these. Then they just they're just like a little ball it's like a donut hole that's filled with cream cheese. Lot of cream cheese they weren't messing around. It's just a big pop in your mouth when you when you bite into that thing in a good way and I wish there was a little bit more everything but the texture is a little chewy but overall this was delightful. I also got the Maple Breakfast Sandwich, which was I don't know I'm curious you guys thoughts on the croissants at. Dunkin. 'cause to me that this croissant seemed slightly stale I don't usually get the croissant I usually go a different direction. I don't know if that's like a standard croissant that if it always is a little stale or maybe I just got a bad one, the maple I think was subtle in a good way. This was going to be too sweet. That said this the egg was so low quality here and this just needed more cheese so that one was was not as great but it was still pretty it's still still not bad. For the PM side, I got the ICED. We'll let let's pause here. Let's let's let's get. Let someone else. Talk about. Mitch. What did you get? Through some of your foods. You want to get through the AM side. Yeah. Let's do am's Well I use the I use the APP as well and I went to the new Duncan the Dunkin of the future that they opened here in Quincy on Washington street a mile away from the from the original. Dunkin donuts. Wow. This. This is this is the Dunkin of the future wives I to use the APP and the APP. Did Not work for me. No I I agree with you that it's a good. It's a good act APP. It's a good APP. But I think that when it runs out of stuff, it gives you like a we can't compute this sort of deal and so like I put a lot of weird things on there because I was trying to You. Know I was I was GONNA. You know I was I was trying to do a good job in-depth review for stress testing the APP I was trying and so I got this Guy Paul took my order and he started helping me out and I'll tell you what I got at that Dunkin donuts. I just was reading off the APP basically but I got four morning. I got. A small nitro coffee which was on tap. TAP. I got myself A. A SM- sorry medium Charlie, cold brew. So this is. Particularly to this one place it's a medium. Charlie Cobra which is as a three. Karimov's slower swirls, three words and three milk. So you know Charlie is the drake, the official drink of Charlie demilio the hugest tiktok star. Wow is that true? That's what it is. It's her drink. Wow. That's just Charlie is. Julia is a sixteen year old girl who's the most popular person tick talking she just dances to songs and she always would have a Dunkin donuts iced coffee in her video. She would like take a sip of it and put it down in the door dance and then she got a sponsorship Dunkin donuts. And now she has a drink at Dunkin. donuts called the Charlie which is cold brew and milk and Caramel. I got one of those as well. That's that's I. thought it will any Charlie I thought. It was like a Charlie card play Jesus. From. Charlie rose. I also got myself Luchino.
Atlanta Based Inspire Brands in talks to buy Dunkin' Brands
"Based Dunkin Brands and inspire brands makes sense. According to Jeffrey's analyst Andy Barrish, He writes Duncan would fit well with an inspires current portfolio. Duncan confirmed that it has held preliminary talks to be acquired by the parent of Buffalo Wild Wings. Bearish calls The news of the talks surprising Cambridge
Dunkin' Donuts in talks to be bought by Arby's owner
"Dunkin donuts is in talks to be taken private by something called Inspire brand the private equity backed owner of. Buffalo Wild Wings and Jimmy Johns. The deal could be worth nearly nine billion dollars, but it isn't yet clear if you'll ever be able to order an Arby's roast beef on a chocolate frosted.
"dunkin" Discussed on MarketFoolery
"Well, you know I think the brand equity historically in Philippines for. Canadian Filipino citizens going back and forth certainly know about it. I don't think people you know Filipino citizens have certainly not. been clamoring, for Tim, hortons brand. So I find that interesting going into the UK at they're going into China. So I wonder if they're going to step up and kind of try to take the brand worldwide, the way restaurant brands because they certainly have a business case for doing so. But I think it's I. Think there's some Serious, brand equity and Dunkin's as much grief as I give you for them. And I think they'll probably do at least as well as Tim's and somebody's. Flung locales if not better so Good for inspire for trying something different. Third. Quarter profits and revenue for Hasbro came in higher than expected and yet shares of has down nearly ten percent this morning. What is going on here I mean This was a good quarter. Their margins are improving. Did. They Guide in some way that is causing this reaction. I'm not sure I think it was a good quarter I'm going to push back a little bit there. I think it was a quarter. There were some definitely some bright spots. So they're. They're franchise brands, the brands that they own or control. which is about forty five or forty, five percent of revenue. They were up about four percent sales. But their partner bran. So Star Wars. By me. Star Wars was up on by Disney but but they also do toys for marble also owned by Disney that's down. Frozen. Also owned by Disney was was bad. You know and so year to date total revenues revenues were down four percent in the quarter year today down twelve percent. So just stepping a little bit from quarter. Things aren't great and. You know they're they're film division. They bought entertainment one candidates entertainment one about a year ago you know that's down thirty percent. Close to thirty percent year to date. Now, you can blame covid for a lot of production. Has Been pushed out. But that acquisition I think they probably like that acquisition that four billion dollar acquisition I think they'd like that one back. You know and and this is something that I've talked about in other locales but you know toys are surprisingly difficult. I like to think toys to my mind are. Basically, it's fashion. And fashion is notoriously fickle and so you if you have the next hot thing. Fantastic. But if you put a lot of resources into what you think will be the next hot thing and it turns out not to be. You get hurt. So for example. mentioned. Hasbro does some licensing for for Star Wars for the Star Wars property Okay. Well, the the flagship of Star Wars of course, the last few years under Disney has skywalker saga movies which have not been big toy-sellers. You can see in my background you can't see if you're listening to this podcast up. I have a little bit of Star Wars in my house. Were big. Lego. House Star Wars Lego. It's been a fantastic property but star wars the skywalker saga, the movies toys toy salesman very more event..
SAP Shares Collapse After Lockdowns Force Cuts to Revenue
"SAP. The Enterprise Software Group based in Germany is having its worst day in more than a decade shares of sap are down more than twenty percent after the company cut revenue and profit guidance for the year. Jim. They're saying that corona virus lockdowns would affect demand well into twenty twenty one. What do you make of this? Because I I'm sort of struggling with. two competing ideas and one is that sap is right. In terms of overall demand and if they're right than that probably. Bodes ill for a number of cloud base stocks out there. The other idea is that this is an sap thing. This is just confined to them. Yeah and I think you're right to have that kind of of two minds response. Unfortunately, I, don't have a definitive answer. Of course if I did have a definitive answer, I probably wouldn't be here with you today I'd be on a beach earning you know whatever? You look. As anyone who's ever been part of an sap implementation I think you probably taking a little shot in Florida. Today I know I am has as I might prior career I got to be part of. One of those experiences and sap implementation tends to take at least twice as long as they originally tell you and cost a lot more, and so I'll just leave it at that. I also used to you know if I heard a company with implementing sap. Generally throw them out of my research cue for at least a year because. I've seen that movie. Yeah earnings were not well received about forty billion plus this morning off the market cap. They did try the old lipstick on the pig routine did talk about strong double digit growth and earnings per share. Growth cashflow they talked about their operating cash being up fifty four percent year over year free cash flow up seventy, nine percent year to date. But the problem is you know. And is reminiscent of IBM a number of years ago or IBM would talk about having these goals and certain twenty fifteen goals and twenty twenty goals years before. SAP has had what they call the twenty twenty three ambitions. and. They reaffirmed these twenty twenty three ambitions last quarter, which would be the quarter where corona virus and cope nineteen really got traction. And without so much a by your leave this morning, they have thrown out the twenty twenty three goals replaced them with twenty, twenty, five goals. The twenty twenty three revenue expectation, and the previous goals are answering ambitions. Was Thirty five billion now, two years out for twenty twenty five that ambition is for thirty, six billion. Okay they've. That looks like a slowdown to me sap. Certainly. They have reduced a bunch of. Components of their guidance perhaps, they shouldn't have been giving guidance during pandemic that might just be a little suggestion. Some somethings I've seen. You know th, the stock wasn't horrifically priced before this I believe was about eighteen times EBBA enterprise value to. About five five and a half six times sales there are certainly richer companies out there. But? When you have this kind of growth slowdown and it comes kind of out of nowhere I, can see why the markets puking puking it out. I've seen some suggestion that former CEO bill McDermott. Who I think has a an exquisite sense timing. He left about a year ago to go to service now. There's some suggestion that he had this big long acquisition string under his belt. Then, he left in these acquisitions. All in their own little personal fiefdoms within sap, they're not well integrated. So he's kind of handed these ambitions and this integration work to the next guy. I think there's a lot of work to be done here but. Really, the the serious reaction here certainly has to be that. Oh. Yeah. Reduce Guidance Change Ambitions like like you've just thrown out a multi year plan and it's kind of replaced with another one and you're hoping no one's GonNa notice. All they noticed. You know whether it has implications beyond sap. If I was a salesforce or an oracle shareholder, this morning I might be a little nervous. Now look that said we we know that the cloud based. Transition which we've seen other companies do very successfully autodesk and adobe being I, think exhibits one in one. Where shift from selling the You get the big revenue and earnings hit upfront because you sell the license for X. number of years, and then you do your services revenue. Going over to. This cloud where you get a subscription fee every month and it's supposed to be. More predictable results we know it works when done well as I mentioned adobe and Autodesk. Seems that it's not working quite as well with sap. and. We'd like to see I think you need. More quarters sap but I'll if I was a cloud I'm not really a cloud guy. So I find it interesting but I'm not remotely equipped to understand most of it. You know I'd be a little worried going forward the rest of this earning season to be
Dunkin' Donuts in talks to be bought by Arby's owner
"Up 15%. A new zits and talks to be acquired by the company that owns Arby's and Jimmy Johns. But it would also include Baskin Robbins. Dunkin Donuts has been around since 1950. Initially selling donuts for a nickel on coffee for a dime. Discount grocer Legal
Dunkin' Brands in Talks to Be Acquired by Arby's Parent
"Shares of Duncan are surging the company maybe going private soon. The coffee and donuts Jane said It was in talks to be acquired by inspire brands backed by the private equity firm Roark Capital Inspire, also owns Arby's in Buffalo. Wild
"dunkin" Discussed on Here & Now
"To that at Dunkin donuts. Dunkin donuts coffee America runs on Dunkin so I was going. Great Bob Rosenberg Sky High again. But you end up the focus of a hostile takeover. This is in one thousand, nine, hundred, ninety you right this is greed is good Gogo days a guy from Canada buys up your stock someone tips you off it was it was scary that that was a hair-raising time. Green mailing people would buy stock in a company and threatened to put it in play which meant to to find other people to help them, buy it and puts you out in in hold for money and Greenmail. Ahead, head attack company we basically had to respond in a seven month. Battle we find a White Knight Allied Lyons and as it turned out within. My goodness, I think a year from the time that they bought us the hostile takeover fellow his business went bankrupt in one hundred million dollars and had he bought Dunkin Franchisees and all corporate employees would have been. You know history. At its height, how many franchises did you have? Something on the Order of twelve thousand. How much is Dunkin? donuts worth probably close to six billion dollars. Do you reflect on your dad who was so exhausted you reflect a you must on. Look what happened? and. It's an incredibly warm wonderful feeling with tremendous gratitude for all the people that helped the built is wonderful business. Bob Rosenberg, former CEO of Dunkin donuts. New Book is around the corner to around the world doesn't lessons I learned running..
"dunkin" Discussed on Dose of Leadership
"Bob Rosenberg on dose of leadership, , former CEO of Dunkin donuts. . I am so excited to have you on the show. . Welcome pleasure. . Well, , you got this new book coming out in October, , round the corner to round the world, , your lessons of that you learn running Dunkin donuts I love Dunkin donuts by the way I think copies outstanding pilot. . Now, , go through the airport I always bypass starbuck's sorry starbucks and I always go straight to Dunkin donuts that coffees just so good to music to my ears. . You know I was reading your bio and it said you graduated from Harvard Business School. . Told me this right and your twenty five and you became the CEO when you're twenty five is that right? ? That's correct within weeks of my graduation I had in my early career I basically virtually grew up. . Over the store I worked in lots of different jobs within my family business, , which is not call Dunkin donuts gone universal food systems and a variety of different jobs I went to hotel school and went into the army, , and then went on to graduate school in. . Expected to join the family business but Lord knows I had no expectation that it's twenty five I dad who is only forty seven at the time eighth grade educated Guy Returns to me. . And asked me if I wouldn't take over the responsibility of CEO. . At his business said the REF aching request and that one third few weeks to decide upon. . But ultimately best decision I ever made man the yeah. . Obviously a life altering one of those decisions in life that that. . was definitely a y intersection the road, , and you had to make a choice. . You went down that path and there was no looking back. . Once you did. . But Man Twenty, , five, , I can't imagine you know that was almost twenty seven years ago for me just the the leadership lessons I've learned from twenty five to fifty, , two AB. . been. . I can only imagine you with your experience it had to be a minimum exponential. . So the type of leader you were at twenty five to when you stopped in one, , thousand, , nine hundred and what do you think the big differences were one of the things that was an advantage <hes> early on in the first soda, , era I break the book down into the six areas that I that I see as the company history from nineteen, , sixty, , three to. . Nineteen Ninety Eight. . But in the first era, , the big help was business school and it was there that I learned the language to strategy. . I would love to say that I came to the job as a copy twenty, , five year old into it. . All right I think I matured and and made my mistakes and boy did I make a lot of mistakes over those thirty five years if that the thing that I think the grew was my emotional intelligence. . To better understand myself an-and away to. . Hopefully understand my teammates around me franchise on his and the people that I came in contact with end consumers. . and. . It was a journey I. . Mean I would absolutely say that <hes>. . It's an old saying, , but it's true in my case no, , you can't put an old hat on a young body. . You do have the Soda Lauren through trial and error and I think truthfully, , in my case, , the setbacks experience were more informative and more useful. . than the successes in fact, , a big mistake the after the five I five is of tremendous success, , the second five years or really difficult, , and it really came as a result of the success of the first five years. . It became an impediment to future success in it wasn't until. . Unfortunately almost led the team off a cliff in the second five-year era <hes> that I really began to start to learn the more effective lessons about who I was what my responsibilities were. . As a leader. . and. . It came from a book of all places. . Really my my soda moment transformational moment for me. . He uses a book that you read was kind of a transformation moment, , <unk> moment or. . Second Year of a second era of Maya my stint as CEO, , and after the first five years basically was under pressure to go publican. . And when I came out of Business School Isaiah inheritance <unk> universal systems where eight little businesses it was it was excused chaos and fundamentally what the team did is we basically narrowed that down a one <hes> we had really been experimenting with far too many businesses and we say basically decided to exploit the the sort of the diamond in the rough that we. . Had which was a bunch of stores in many cases, , soul breakfast lunch called Dunkin donuts and made donuts and coffee, , and we decided to focus on our core business and quiz extraordinarily successful and we went from one hundred thousand dollars in pretax profit within five to seven, , hundred, , fifty thousand and we went public because my dad I've been trying to sell the business. . While I was in business school was unable to sell from billion dollars. . It'd become the billionaire always wanted to be after taxes and that was the reason he turned to me I. . Think at that Young Age is he wasn't quite sure what to do and. . Put me in charge. . Then I changed the vision, , change the dried to keep up unreasonable injectors and. . Drove the business off a cliff I was sitting there amidst. . Stockholder suits, , franchisee lawsuits reading a book called the best and the brightest by David Halberstam. . And it was a book about the Johnson and Kennedy Administration of the Vietnamese War, , and what he maintained was even though the administration are governmental Mister show run by these Ivy Leaguers the best the brightest our country at the offer they never really went into the hamlets and into the front lines where the war was being waged the final what the true story was while the con-, , winning the hearts and minds of the townspeople in the leadership in the towns. . And Halbe Sam said the great fault lie in the fact that our leadership. . Suffered from what he called Hubris the Greek word for arrogance in sitting in that chair and I remember like it was yesterday I said Oh my God Halberstam could be talking about me. . Yeah it was in that and I decided I. . You know I was blaming Franchisees for suing us and. . Problems that we're having in terms of Mike. . One of my key executives left the company because he had lost faith leadership fellow had gone out of business school with. . An and basically we convened our management team. We . decided that as leadership we'd never blamed. . Martine. . Mates are followership take a hundred percent of the responsibility hundred other responsibility. . And that we that invite, we , apologize for the Arab always we invited franchise on his end to noodle out with us what we did on how we can improve it. . We decided we're GONNA go each of us to visit a hundred stores a year each in order to touch the front is travel with the district manages visit the store talk to the owners. . Get very important in we created an advisory council. . So fundamentally, , we did a one eighty in terms of our attitude about how were leaders particularly need what my responsibility was in it all came from that that insight that momentary it's insight from that one book that was transformation I love that story the book was called the best and brightest what what was the full in the brightest by David Halberstam? ? Think Nineteen, seventy-three, , , it's it's it's bestseller it was. . An important book at the time. . In my view, , it's still a great management. .
Bob Rosenberg & the Lessons Learned From Running Dunkin Donuts
"Bob Rosenberg on dose of leadership, former CEO of Dunkin donuts. I am so excited to have you on the show. Welcome pleasure. Well, you got this new book coming out in October, round the corner to round the world, your lessons of that you learn running Dunkin donuts I love Dunkin donuts by the way I think copies outstanding pilot. Now, go through the airport I always bypass starbuck's sorry starbucks and I always go straight to Dunkin donuts that coffees just so good to music to my ears. You know I was reading your bio and it said you graduated from Harvard Business School. Told me this right and your twenty five and you became the CEO when you're twenty five is that right? That's correct within weeks of my graduation I had in my early career I basically virtually grew up. Over the store I worked in lots of different jobs within my family business, which is not call Dunkin donuts gone universal food systems and a variety of different jobs I went to hotel school and went into the army, and then went on to graduate school in. Expected to join the family business but Lord knows I had no expectation that it's twenty five I dad who is only forty seven at the time eighth grade educated Guy Returns to me. And asked me if I wouldn't take over the responsibility of CEO. At his business said the REF aching request and that one third few weeks to decide upon. But ultimately best decision I ever made man the yeah. Obviously a life altering one of those decisions in life that that. was definitely a y intersection the road, and you had to make a choice. You went down that path and there was no looking back. Once you did. But Man Twenty, five, I can't imagine you know that was almost twenty seven years ago for me just the the leadership lessons I've learned from twenty five to fifty, two AB. been. I can only imagine you with your experience it had to be a minimum exponential. So the type of leader you were at twenty five to when you stopped in one, thousand, nine hundred and what do you think the big differences were one of the things that was an advantage early on in the first soda, era I break the book down into the six areas that I that I see as the company history from nineteen, sixty, three to. Nineteen Ninety Eight. But in the first era, the big help was business school and it was there that I learned the language to strategy. I would love to say that I came to the job as a copy twenty, five year old into it. All right I think I matured and and made my mistakes and boy did I make a lot of mistakes over those thirty five years if that the thing that I think the grew was my emotional intelligence. To better understand myself an-and away to. Hopefully understand my teammates around me franchise on his and the people that I came in contact with end consumers. and. It was a journey I. Mean I would absolutely say that It's an old saying, but it's true in my case no, you can't put an old hat on a young body. You do have the Soda Lauren through trial and error and I think truthfully, in my case, the setbacks experience were more informative and more useful. than the successes in fact, a big mistake the after the five I five is of tremendous success, the second five years or really difficult, and it really came as a result of the success of the first five years. It became an impediment to future success in it wasn't until. Unfortunately almost led the team off a cliff in the second five-year era that I really began to start to learn the more effective lessons about who I was what my responsibilities were. As a leader. and. It came from a book of all places. Really my my soda moment transformational moment for me. He uses a book that you read was kind of a transformation moment, moment or. Second Year of a second era of Maya my stint as CEO, and after the first five years basically was under pressure to go publican. And when I came out of Business School Isaiah inheritance universal systems where eight little businesses it was it was excused chaos and fundamentally what the team did is we basically narrowed that down a one we had really been experimenting with far too many businesses and we say basically decided to exploit the the sort of the diamond in the rough that we. Had which was a bunch of stores in many cases, soul breakfast lunch called Dunkin donuts and made donuts and coffee, and we decided to focus on our core business and quiz extraordinarily successful and we went from one hundred thousand dollars in pretax profit within five to seven, hundred, fifty thousand and we went public because my dad I've been trying to sell the business. While I was in business school was unable to sell from billion dollars. It'd become the billionaire always wanted to be after taxes and that was the reason he turned to me I. Think at that Young Age is he wasn't quite sure what to do and. Put me in charge. Then I changed the vision, change the dried to keep up unreasonable injectors and. Drove the business off a cliff I was sitting there amidst. Stockholder suits, franchisee lawsuits reading a book called the best and the brightest by David Halberstam. And it was a book about the Johnson and Kennedy Administration of the Vietnamese War, and what he maintained was even though the administration are governmental Mister show run by these Ivy Leaguers the best the brightest our country at the offer they never really went into the hamlets and into the front lines where the war was being waged the final what the true story was while the con-, winning the hearts and minds of the townspeople in the leadership in the towns. And Halbe Sam said the great fault lie in the fact that our leadership. Suffered from what he called Hubris the Greek word for arrogance in sitting in that chair and I remember like it was yesterday I said Oh my God Halberstam could be talking about me. Yeah it was in that and I decided I. You know I was blaming Franchisees for suing us and. Problems that we're having in terms of Mike. One of my key executives left the company because he had lost faith leadership fellow had gone out of business school with. An and basically we convened our management team. We decided that as leadership we'd never blamed. Martine. Mates are followership take a hundred percent of the responsibility hundred other responsibility. And that we that invite, we apologize for the Arab always we invited franchise on his end to noodle out with us what we did on how we can improve it. We decided we're GONNA go each of us to visit a hundred stores a year each in order to touch the front is travel with the district manages visit the store talk to the owners. Get very important in we created an advisory council. So fundamentally, we did a one eighty in terms of our attitude about how were leaders particularly need what my responsibility was in it all came from that that insight that momentary it's insight from that one book that was transformation I love that story the book was called the best and brightest what what was the full in the brightest by David Halberstam? Think Nineteen, seventy-three, it's it's it's bestseller it was. An important book at the time. In my view, it's still a great management.
Game 5 wraps up of the 2020 Finals
"Moments after exciting. One of the best, finals games in recent memory. Game Five Heat Eke Ekit out to live another day and joining Zach tonight now Chris. Bosh. It wasn't quite. Five to Allen for three. It was quite Bosch Talon. But this is up there with one of the biggest heat wins in history I mean. For sure. It's an incredible game. What did you think of it? Man You know I, it is starting to be one of those series that's just kind of grinding to a halt. You thought that was going to happen is not happening. Everything, every player that she thought was going give this particular stat line is not it's not really transpiring right now but I mean, you have to give all credit to the heat and I kept telling people this in all these interviews you know how can get? The Lakers. Over they've got the uniforms on and I just like, okay he don't WanNa be here but let me tell you something. These guys if there's anybody. Who would embrace a difficult situation? It is Erik Spoelstra and Butler seems to really. Thrive off of that and anticipate that. affected. So it's Kinda like a marker will really hard is. Like they say, Oh hey yeah, we're here now. We're supposed to be competing for championship. This is how it's supposed to be. You know is this all about survival now there they've lived to play another day and that's what you gotta do. I think it's time to just acknowledged. Once and for all that, the heat had become a great team you know there was always this question of. Did they benefit from the hiatus hiatus in everything the bubble shake the bucks more than other teams. Did they benefit from hayward getting injured a really good. You. Know this Lakers seem his lost one game in every playoff series. Until now, they have not lost to to a heat team that is missing its leading postseason score until this series Goran dragic that they could started to acknowledge Jimmy Butler. The top ten player. Yeah that'd be we're. GonNa. Have to rearrange the rankings because this dude just put up thirty five, twelve eleven in forty seven minutes forty seven minutes and five and a half whatever it is it's the game you play dull game. Survived forty thirteen seven on fifteen of twenty-one masterpiece from the Brian. James we can talk about the end of the game if you want. Everyone can focus on the end of the game, but the heat put themselves in position to win at the end of the game. Duncan. Robinson was unbelievable. They're shotmaking was outstanding and this team just keeps in with Bam out bio clearly, not one hundred percent missing layups, missing dunks, he can play better he. To acknowledge the heat now are are for real and just like you were saying, they're short handed to. So you know we need to keep that in mind You can only imagine how the series would be a little different Gora was out there and not that he's just going to be that dominating presence, but he gives them another layer. To their attack and you know they have that team cohesion down pack and I mean, I don't really know where the lapses with the Lakers are happening with dunkin' Robinson. He's making them pay every time. I. Mean He's moving himself up into Lee Company every game because you don't expect them the thing you know you don't think he's going to continue to go on the street. He's he's gone on and you'll eventually figure that a veteran is GonNa get into them and just chase him to the bathroom. But but it hasn't happened yet and I mean they're making them pay every single time and. Boy I. Tell You. We'll. We'll see what happens game six. Years especially with a hobbled a little bit man. That's one of the big cities we should probably get to. Well, let's let's talk about the end of the game real quick. Okay. So a Frank Vogel Lakers coach has come out after this game and said that there were bad calls at the end. Jimmy Butler getting to the line I'm going to have to go ahead and disagree he's probably GonNa give find. Lakers lead the Lakers up one. He, ball they run a beautiful fast play for Jimmy Butler gets A. He screwed good play Lebron not. because. Eighty one moving so whilst I foot Lebron on. Screen Lebron and she goes up but Jeff Van Gundy called on the broadcast he he floats see I mean. It in verticality your whole. Career. Frank Vogel helped invent it with Roy but. He floats. He fails right? That's a foul. Yes. Afoul he jumped into them. You know good call by the resident and you have to give you know usually referees are getting tough time I. Think they called a Great Game Day You can always look on both sides and say, well, if an if but if they're even in the game is tied and the players they're the ones who are dictating what happens out there. Hopefully, the game isn't called. You know at the end by you know free throws or anything like that but all. Evenly called Game I. Feel. Throws. Yeah, each team had their opportunities and. Jimmy Man Jimmy Butler man he's he's continuing to do it. Man I gotta I gotta you gotTa give him props he's going to make give him props I. Mean he put them on their own is back in those last minutes. Man I mean, the one leg get he's hidden one legged fadeaway. You know he's hitting the free throws down the stretch to dribble I mean he's He's shoot free throws when you're that exhausted and not just. Did you her second he was going to miss you like just. To, to, of course, you were not you think he's GonNa Miss One because as a player I know how I would feel I'm GonNa Miss One. On. THAT TIRED Like him going over when he was leaned over panting after getting fouled, you know they burned a time out after that but. Just him just still being able to muster up whatever could and having a concentration suppose still had Chris Bosh on his roster. He would have run that play where you went to the back side. And the coroner. You. Come on you. Play for last second shot several times. So okay. So it makes a two free throws come down. They call time out again, Van Gundy and Mark Jackson. Call on this game all over this. Danny Green is in the game with a know Dunkin Robinson's on Danny Green. They know that they're going to run the screen to try to force Dunkin Robinson they know there's going to be a double with Lebron that's exactly what happens Lebron Drives Zach he drives into a crowd. There's three is three and a half guys there. He makes the basketball play Chris Bosh, which he is made for fifteen years since he's been starting to the playoffs, throws it to the Open Guy Danny. Green is a thirty eight percent three point shooter from that spot according to second spectrum is wide open. So I'll I'll throw them another couple of percentage points. And he missed it. Well I know Danny wants that one back. you know he made the right play it was a crowd I. I think he had the mentality to say, you're not going to beat us. We're sending everything in the kitchen saying and we're just going to close the shooters. They got the play that they were looking for. It was a tremendous play Danny Green slipped out. You kinda tell that the heat we're anticipating that play. Brahms. So able to make a very decent pass out the Danny grains got he got his hands on he stepped right into it. Any other time nine times out of ten he'll make that shot. You know he missed it what the interesting thing was on the rebound market Moore's he had plenty of time and he kind of made a quick decision Brian, opened on the right wing, which is always easy to say a new usually. Yeah. You throw it to ad but he had another big on you know and that was just man I was a tough light. It was very tough sequence. Watching film you. In it again now. You. Know Marquee Foucault Danny Green like he just handed the ball to hand off again Danny was right there funny though when he's when you through the LOB. Through. It I looked under the Rim I saw a d. and I thought again the balls just hand in mid Air I thought okay. I hate that decision because ad Mike, I'm putting the referees in play a little bit their down one, and then of course, the pass was that not an accurate he choked right let's just say. I'm not saying I would say that to mark keeps face in this moment. Do not say that Bryant don't say that. He. What do you WanNa say it's choked. Well he also as you pointed out before we started, you know they were setting the screen it they set for Jimmy on the on the go ahead. Free throws a flat screen by crowder and the flat screen is designed. You know Chris knows when your face in half court, it's designed to make defense. Gessler. Like which way to go, but it is an which wishing the pick he went he went from an angle to switching to the flat. kind of this weird in between space and if you don't, if if you're not demonstrative about your coverage, you'll get exploited
The Obviously-Going-To-Die Stocks
"We're going to start with the stock of the day. Don't call it a comeback bed bath and beyond has been here for years. It's just all that time someone else was running the company but now that Mark Trittin has been in the Corner Office for about a year. We're seeing days like today second quarter profits came in exponentially higher than expected. Same store sales were positive for the first time in four years. The stock is up more than thirty percent this morning. I'm assuming at least part of what we're seeing with the stock is some shortsellers saying that's it. I. Think. I'm. Probably. Bed, bath, and congratulations to march written and Beth by best buy bed bath and beyond. For this quarter, March, written formerly of target, of course, and a few other places before that, I think Nordstrom's and I believe. He had a stint at Nike to could be misquoting. This bed bath and beyond is in a group of companies retailers that I like to call the obvious obviously going to die crowd. And the funny thing about companies that are obviously going to die when they get the right mix of management decision making and in some help from the environment and you know just a little bit of because no one's more aware of a company's struggles at least no one should be more aware of a company struggles then the people inside the company. And that's when you plan your strategy. What are our tools? How can we navigate our way through whatever we found ourselves in business is not easy and certainly for this group retailers that I'm Gonna I'm GONNA hold up. Bed Bath and beyond as one Chris. But you know how about Game Stop Game Stop. The seller of video game systems and Software that of course is going to be the next blockbuster. Right if they writing that headline since two thousand and nine, how `Bout Michael's the craft store everybody knows I. Y has an Amazon run over. And the granddaddy of all of these. Companies that are obviously going to fail. They're obviously going to be taken bricks and mortar is dead is best buy which just before the podcast we were talking about how? How many listeners? Realize, that best buy has been at ten bagger over the past decade they went through some struggles they brought in new management. WHO had a plan? and. I'm sure they were mocked and I'm sure people were skeptical and they executed on that plan and best buy, which was a sub twelve dollar stock in. Two Thousand Ten two thousand eleven is today roughly one hundred twenty dollars stock. And so when you see. I'm a kick myself a little bit on dust by iron best buy bed bath and beyond his too many bees. Bed Bath and beyond. I actually did a little bit of work about a year ago as I was discussing with one of our with one of our foolish coworkers. About this basket of Taylor's who are sure to die. And we had this one. We had game stop we have Michael on the docket and I went through you know what this company's history of cash flow was and what they've done with it and how they've raise capital, and this is before Mr Trenton came on but I. It laid the groundwork for someone with. A better vision to come in and knocked the ball out of the park which you've seen today and and best bed bath, and beyond is as we speak it's now a six th bagger since March of this year and so in the a roughly a year ago when I did my work because I was vigorously debating co I pointed out that in the previous six years here was bed bath and beyond had produced four point two, billion dollars in free cash flow. They had also issued one point five billion dollars in debt and debated smart about the debt because the debts. Basically staggered I think is a ten twenty and thirty years. and. They have to pay it back anytime soon, and they had gone on a massive buyback program. They've they've retired a ton of their shares. Now. Slowly melting ice cube no one's going to want to own this business what have you. But at the time the stock was about ten eleven dollars the company is training but four times enterprise value of free cash flow. that. That is rock bottom fools that is something that is going to go away. That's what the market is telling you. Flash, forward, to today and oh positive cops. Oh. We have a plant. They've they've suspended their dividend they've they've halted their. They've halted their. They suspended the dividend halted their share buyback plan I believe in. April. But with this. With this. report, they have generated a ton of cash flow. They've deployed it smartly they took down some temporary which they had out as part of the PARCO vid. They have bought back twenty percent of that long dated not in any danger to come calling debt they bought that back at a discount. Which is brilliant. They. So they're down to their down net debt down by about thirty percent from where they started the year. They have a store optimization program, which is something that a lot of these retailers the slowly melting ice cube crowd will call them. They are reducing their store count 'cause they don't need it because they can move to ECOMMERCE, which they've done a little bit they can move to. The geography is able he served by less stores and you see a lot of. Traffic that previously went through one store transitions to another and. They are steal a Ron grosses them here they are firing on all cylinders and I'm not sure. Anyone. Thought is coming. I am I am both thrilled that they are doing this they're having success because everyone loves a comeback. I'm less thrilled that you own it and I don't. But. That's mainly because I had this in my hand a year ago Chris and I'm holding it up. The skull of York. And and I'm looking at it and I didn't at least put a little field position because as I said, at the time training for four times free cash flow that is close to no-brainer territory for me. So two other quick data points before we go to our next story. Not. Surprisingly digital sales of big driver this quarter. That goes hand in hand with the store closures so Another smart move by Trittin and his team. And also Happy to see that they're you know suspending the dividend that they're. Suspending the sticking with the we're not going to buy back shares. I'm also happy to see they're not offering guidance. Their New Orleans. No need to at this point. Let's move on the third quarter sales, for Pepsi, grew five percent and. Kind of like we saw three months ago snacks and some of the beverages particularly the Seltzer. Part of their portfolio helping to make up for the fact that somebody restaurants are closed. So many sports and entertainment venues are closed and. That's that's the stock is basically flat and this kind of flat for all of twenty twenty but. Nice to see that the the salty snack part of the business is making up for the sort of the tried and true Pepsi part of the business. Gilead household particularly the soon to be sixteen year. Old Member of the Gillies household has been doing his part to. To to help with the salty snacks portion and shareholders. Thank him. Yeah I was GONNA? Say. You know dude. There are other food groups other than Doritos. Look it was a perfectly acceptable boring quarter from a perfectly acceptable boring company and and I think you know Chris but maybe some of the listeners not know. For, me to call a company perfectly boring from for me. That's a compliment because I like businesses that are boring. Not Terribly exciting person myself I enjoy. Investments in companies that just actually do what we expect them to do, and essentially just get it done quarter after quarter. Pepsi is not GonNa. You know if you'RE LOOKING FOR PEPSI TO BE A. Ten bagger. You know anytime soon like the aforementioned by we mentioned earlier. That's not gonNA happen. They are just a steady bedrock performer for your portfolio and we all need a few of those. So we can go after the more exciting things in our portfolio. Yes. So it was it was A. It was a boring it was a boring quarter but boring is nice because boring boring says, oh, we end up four four plus percent on. Organic revenue growth total revenue growth went up five plus percent. EPS Is up ten percent year-over-year just for the quarter. It's still down for year to date, but of course, Mindy Stan why because the previous quarter? Cova. no-one no-one was new what was going on? So we kind forgive that. They are they're pointing towards the full year. They did give guidance their point point to a full year of approximately four percent revenue growth approximately five fifty core earnings. Stocks at about one hundred, forty bucks. So it's not cheap. But it's not terribly expensive, and again, this is one of those widows and orphans stocks. You can buy put it away and we'll see you when you retire. Hugh Johnston, who's the CFO at Pepsi? Granular on CNBC this morning talking about because when you think about all of the food and beverages they have across their portfolio he got granular talking about the new cheetos macaroni and cheese saying you know they're trying to keep up with demand as a fan of both cheetahs and macaroni and cheese I haven't tried it yet but I can see why it's popular. Any. Do they give any color on the? Two. Portals that they were direct to consumer sites that they launched earlier this year snacks dot com and Pantry shop dot com. Sadly, Chris they did not at least in the conference call or the press the presser maybe in the ten Q I haven't read the ten q yet obviously but. Yeah no snacks dot com I can confirm both of those sites are open and accepting offers as of this moment. SNACKS DOT COM and Pantry shop I think is an interesting one because they are. You know you are buying your you're you're buying all of your Pepsi Slash quaker products. Simultaneously in in in the various groups. So if you want your everyday Pantry, you want to get your your oatmeal and your healthy. Your healthy Chia bars and your rice cakes do people still eat rice cakes and if so why? You can get all those delivered at the same time or your snack package your breakfast package You know it's it's interesting to to have it delivered. I I'M NOT A. I I'm one of the three people in North America is still doing own grocery shopping. So I'm probably target here but I know a lot about the people how to use it and I think probably if I let my as I mentioned a sixteen year old note that this thing existed. It might be his only source of nourishment. So yeah, don't don't. On, the first time I went to that website I kind of went crazy to the point where in the box showed up to two days later even my kids were just like. This is a lot of snacks and was like, yeah I may have ordered too many but but I regret nothing. Playboy. Enterprises is returning to the public markets after nearly a decade and because I was are out of fashion, playboy is going to be doing this through a speck. Mountain Crest acquisition is a current special purpose acquisition company that is going to be taking playboy public through a reverse merger and wants to deal is done that company where the ticker is MC. ABC? Is. The playboy name and the ticker symbol P L B Y? I guess I, I saw this story and I thought, okay I'd that's one way for playboy, which is a private company and has been since twenty eleven. I. Guess That's one way to raise money. I, I, I'm hard pressed though to think that. The second round of playboy being a public company is going to go any better for the company and for investors than it did the first time around. That was my initial take as well, and you say it's one way to raise money I'd say it's one way for insiders to cash out. Tomato Tomato. The more I think about this though. I could be spectacularly wrong and it wouldn't be the first time. This might be quite this might be interesting I can see. I can see a number of thing, and I just find this interesting from a number of re. I as you point out. Yes, playboy. Is private the SPEC the Special Purpose Acquisition Company Mountain Crest Acquisition, company. It's out there. Now it's got. It's a walking wallet got a bunch of cash their stocks over ten dollars specs go at ten bucks. There's nothing you can. You can go buy today Chris if you want. And You can just sit there and wait until the transaction is completed in q one. If. You WANNA own playboy. So, playboy today is not playboy of the past for thing, magazines have died. So, there are no issues of the iconic famous magazine. These no regularly published issues and I believe they went to quarterly publishing versus. Monthly publishing before that. So what playboy is trying to be or this new iteration trying to be a licensing company and they're calling it across four major categories they're saying sexual wellness, which I'm just going to skip to the next one, which is style and apparel which is. Apparel. and accessories for men and women globally gaming and lifestyle also digital gaming hospitality and spirits. So you can get yourself some playboy-branded Bourbon. And beauty and grooming, which is fragrance skin care grooming cosmetics for men and women. Okay. That sounds interesting. They're not a publishing company more avoiding that and I guess they have a bunch of online stuff as well which. Tell people they can go look on their spare time but. They are calling themselves a streamlined high growth business. The company has four hundred million in cash flow contract through the next eighteen years. and has products available for sale and in ten thousand major retail stores. In the US, this is a brandon company. Now, now, what you think of the brand and what you associate with the brand, the iconic a bunny ears brand, of course. Is Is. is going to be probably a nuanced and varied. I can understand why some people. Would not want to do with this brand I completely understand that is not. Bend the most shall we say progressive brand in history? It has fostered some. Attitudes, particularly women that. I think it's fair to say some would find distasteful and I I completely understand why? And for those people, they're just not going to be shareholders and that's that's fine. But what I find interesting about this if this, if the licensing deal and we have, we've already had a certain dry run of this in. Do you know the magazine Maxim? It was. So it's a men's lifestyle magazine, girly pictures, and whatever it was bought by an entity called big holdings. I'm going to say eight nine years ago. With the goal of they went into change it from the the lad magazine into more of a lifestyle brand licensing deal what playboys doing. Now. I mentioned earlier it's important to have You know leaders businesses, you respect and trust big lorry holdings is not one of those businesses but I do know that they even though they're circulation sales are down significantly there they have turned that profitable on a small scale with the licensing strategy. I suspect the playboy will do a better job. And It will depend on the valuation coming out but you know when analogy I might throw up as. As a comparison is. Franchising businesses in the in the restaurant space. So a restaurant brands international, which owns importance and Burger King. Dunkin brands, which of course owns your beloved Dunkin donuts. Those are those are check cashing businesses, they they sell the franchise to a Franchisee. And then take tax six percent of their gross sales and royalties every month plus x percent for advertising they sell you a system and so those are very asset light cash-rich capital Genita- businesses. And part of me wonders here it's obviously not the same as selling. Coffee and whatever. But part of me wonders if that is what this business will look like, and if they are truly in the growth business and the cash generation business, this might be an interesting opportunity. And you just hit on what I think is the most interesting thing to watch. Once it becomes a public entity again, the high growth aspect of this because now we're going to see Now, we're GONNA see through quarterly reports. Okay. Are you growing? Because that's one of those things where we investors and the market in general get to decide what we consider to be high growth And I again I had I had your initial take which was. Oh please. Like if it didn't work the first time. It's going to work less well this time. The more I read about like. I'M GONNA keep an eye on this. Curiosity. Jim Gillies always talking to you. Thanks for being here.
LeBron and the Miami Heat, together again at the NBA Finals
"The NBA, finals tip off tonight Lebron James will lead the Lakers against a team helped to win a pair of championships. The Miami heeds the Lakers are favored to win their seventeenth championship behind to first team all NBA Superstars James An power forward Anthony Davis, but the heat's are not intimidated rookie, tyler hero and second year players. Bam, a bio and Dunkin Robinson will lead a youth movement into the best of seven series. The teams will play the entire series inside the NBA bubble at Disney's wide world of sports in Orlando Game One tips off at nine pm Eastern Time on ABC.
Android 11 is final with day-one updates from Google, betas for other OEMs [Update]
"Flow you got the top story. This is the top story and yet sadly, I cannot rejoice with you all because I have no idea. Oh Eight. No Yeah I have no idea what I did with my Pixel. I tried to look behind me to see if it was over here but it's not over here behind me anyway injured eleven is official today just like just like that. Maybe you were on twitter or new saw sooner Pacheco tweeted hey, everybody Andrew Eleven is out. So it was launched today it's going to be available for Pixel phones as I mentioned as well as select phones from one plus Jami Otto and real me all on day one Now I gotta ask Ron Have you seen anything on your one plus seen anything on mine Hang on. Let me check. Okay No I'm still android ten. Checking all day. Let me tell you. Still owe an update from like a month and a half ago or something I don't know. I'm not a good example for other people. Checking for update your devices up to date android ten Dang it. It. One of these days morrow leaving tomorrow. We. Tomorrow. Some features to look forward to an android eleven or as Jason Likes to refer to it android double hockey sticks and we don't mean the other thing that spells. Bell Double Hockey sticks although if you're in California right now might feel like that. Some features included android eleven conversations, which lets you prioritize certain notifications over others in certain groups of messages as wells bubbles, which you've seen pop up maybe through Facebook Messenger there's also screen recording and new smart home media controls that are embedded right into the lock screen as well. Excuse me not lock screen the little screen that power menu, the power menu. There are also media controls in the notifications shade, any wireless Android Auto, one time permissions for your favorite APPs to make it easier for them to launch and easier to know when you need to check on those permissions. There's also again I jumped ahead I, meant those auto reset permissions those the one that will come through and say, Hey, remember this app you might want to revoke location access in like we have talked with the android developers. There's some new main line project mainline modules that have been included android eleven. so that means more fasttrack updates without having to wait for the whole Os to update itself. pixels will get some special features. So if you have a pixel, you will have access to find friends in the live you within Google maps kind of like the fine. My friends feature that's been on iphones for so long also smart reply in G Board for chat? APPS. All that is will be on all on device. You want to worry about any processing happening offscreen I guess in the cloud also, there will be more a i. Driven APPs suggestions on the home screen. You might have remembered when we previewed this in the Andrew Eleven Beta on the pixel basically it's a dynamic dock. It changes throughout the day and as your usage changes on your phone and you might be surprised how pretty accurate it can be throughout the day so. Serving you other three here. You'll know my answer I'm a little delayed on right now. How are you guys feeling for Andrew to eleven? Will you upgrade immediately or will you wait a bit Let's start with you Dunkin. I'm curious to hear about your stance on this. So I woke up this morning in Australia to Jason's tweet sign that he got the the update spend the update button. Had it installed within about fifteen minutes? So I was jumping straight on board. I didn't. I didn't do any of the Betas. So I've been waiting for this dying for quite some time. So I was very much looking forward to it of any had a little while to play with it, but I think my top free three phages in odor is the Powellmania that is absolutely fantastic. Especially, the home control about a lot of high motivation, and so that's made using that really simple. Next would be the media edification having a consistent rich Ui for controlling that is fantastic and I'm excited by the idea of the conversations notification bubble so much convince at the compensation Gruden. And this another non switches in there as well. But Not Straight on board my problems IFA. And those who opt out using Google Pie wondering if it's GonNa, break it so far. It hasn't Google play sins very tribal when you update. That's good. What Jason What are your the other one here with a pixel. Couple of pixels actually like I saw a news. Thunder Geez. I was waiting for my turn I had. To go it's your turn now and I ruined spoiler alert. I am on the one plus seven pro and normally I wait until the official kind of until I get the notification to install it do the whole rollout and I will do that when it hits my one plus or whenever I get my new Pixel for a whichever comes first. I ordered the Pixel for a for a last week on a on a whim as a it's time for a change. I've had this I've been on one plus for the last at least a year plus or so. I was like, let me go over the pixel down with low price with amid. Let me walk the walk and the mid range. Mid Range price phone and so it's not supposed to ship until October. So I might get it might get android eleven plus seven before I get the fix foray but either way I'll get there eventually
The Albums We Cant Wait To Hear (And the Ones We Hope Finally Arrive)
"Summer isn't quite over with yet fall is just around the corner, which means, of course, Pumpkin flavored beverages are back at your local starbucks and coffee bean remember going to those places I I actually haven't been to either one of those places since covid started Lucy. Yeah. There's there's very. Safe. Dunkin donuts. that. Only lets in a couple of people at a time and I'm Kansas donuts. No I am not a Pumpkins I I'm just ice coffee especially during the summer just give me some iced coffee injected into my veins Usually we'll. We'll make coffee at home but you know sometimes put that mask on and you know hand sandy ready and go to get an iced coffee and Sani Well, you know Halloween you know with all pumpkin spice everywhere Halloween and Thanksgiving can't be too far behind by the way what's Halloween GonNa look like I mean Masks. Great. But and we are outside when we retreat, you know if you have kids trick or treating. So I guess outside masks to bonus things. But then you have to actually interact with people and they give you candy not a really good look so. Halloween will be interesting this year and what about Thanksgiving? Like how are you going to have the family over for meals when they've they're not gonNA come and like that's not gonNA. Happen. I. I literally have not thought I'm sorry to interrupt you. I have not thought about. The basically the lack of a macy's Thanksgiving parade until just this moment and oh I and I'm really sad about. By by the way, I've I've actually had because I a couple of weeks ago I was. I you know how you you fall into. Google. Whole rabbit hole and I started to search I'm like well is the macy's parade going to happen and their official website had no information about this year show. and. So I started searching for information about lake marching bands will the marching bands be there and then I found something that basically said. None of the marching bands are going to be there all know. So marching bands are gone and there was some alleged rumor about how it's just GonNa be like a modified parade with like maybe clowns and some small balloons, clouds and small balloon that sends dreadful. But it's like there's mean clearly the parade if it exists watch be incredibly modified and what about the dog show the national dog show that comes on after Thanksgiving Day parade how's that going to happen? Yeah, that's tough so Anyone that I will I I assume hopefully knock on wood that there will be NFL. Games going on because the NFL as of now is is still planning to go forth with season without any fans or with limited fans I should say But yeah. Somebody the dog show. Yeah. At football in the middle of like flu season shirt. That's just. Listen, Keith we still have some big releases. That's that's the one silver lining. I should say is that there are still some big releases going on some big albums. Obviously there will be big single releases with I feel like we've had a huge Lee. Eventful summer in terms of single and album releases, which has been pretty cool that they're still tough stuff for us to talk about throughout summer and there will be things. To talk about this fall. So let's start with some of the big albums that we know have a release date. In are officially coming as far as we know, and then we'll kind of get into the question marks the albums that are rumored to becoming there have been in the works for years and might materialize this fall you never know. We are now past the grammy eligibility period. So whatever we're talking about is not going to be up for a twenty twenty one grammy award but maybe twenty, twenty two which feels forever away but you never know yeah. Sochi, let's talk about. Big Sean. Detroit to which I have heard part of I think is really great. Coming out September fourth. And I. It's interesting because big sean is someone that has a huge fan base obviously. Has Never had the kind of critically acclaimed album, but I think that. We'll see how this album performs, but I know people are very excited about that one, and then later in September, we have a couple of albums Max of sweet but psycho fame and he been coming on September eighteenth. Any thought any thoughts on on any of those big Sean of Amax Keith urban just in terms of they I see char perspective I I, feel like they're sort of the prelude to the storm. Just. The early indications of might becoming I. Think it's been a long time coming for Max. So it's great to see that she's dropping album after sweet butts psycho and the successive kings and Queens. I'm not particularly a huge like hip hop aficionados Jason is so I take his word strongly when he suggests that Big Sean is one to watch. In terms of this album, it's definitely a kind of high-profile hip hop album. Yeah. So just very quickly. So is something else coming in September two chains so help me God, which is am a big chains guy. So I have high hopes for that album.
National New Hampshire Day with Matt and Emilio Barnard
"So each week, one of my podcast friends challenged me to find an episode related to one of those days and I'll be releasing it on the actual date occurs. So let's get to it. What is today's National Day? Hey Paul Matt. NFL. Bernard here we just got back from an awesome week into Hampshire Estate Near and dear to our hearts I'll there and my grandparents still live there. But neither of US are New Hampshire natives we have questions where in the PODCAST universe can we turn to learn more about the Grad State? Well Matin Amelio you've come to the right place but before I give a recommendation I'm going to give a little back story to everyone. When I started this podcast I decide that my guess would be podcasters not just people in the podcast. Matinee have been running mates since very early on going to last two podcasts movements together. But. He didn't have a podcast. So I never asked him to be a guest. Did Matt Start as podcasts just to be a guest on my show, the answer would be revealed later but let's talk about living free or dying I or at least pumpkins. Today. September seventh is national. New Hampshire. Day. I think a great place to start finding podcasts about New Hampshire is the outside in podcast which is made by new. Hampshire public. Radio. Now. It's not exclusively about things from New Hampshire but there are obviously New Hampshire base stories like this one. This episode talks about the Guinness Book of Records Event Were Keen New Hampshire holds a US record for most Jack Lantern in one place at one time. The town held an annual festival and everyone loved it. But as it got bigger and bigger so did the problems I mean if you've got over four thousand pumpkins around that can't be safe right? quaint was no longer the operative word. To find out what happened give it a listen, and let me know what you think by using the National New Hampshire Day Hashtag. Today's guests floral are Matin Amelia Barnard. As I mentioned Matt never had a podcast but due to the pandemic he decide to have some fun with his son with their free extra time and the Barnard's on the NBA podcast was born. In each episode Matinee, choose to colleges with well-known basketball programs and compare their famous alumni to see which school would come out on top. Many years ago I was a big college basketball fan and I still go to the big east championship every year when a pandemic isn't raging I also went to two final four tournaments many years ago. One. was in Atlanta and the other was in New Orleans, of course. So listening to this podcast gives some great of those times. For the episode I'm recommending it's the mismatch between Ucla and Oregon State. Since nothing is free in this world, I'm going to request that Matt and Amelia do an episode pitting Villanova and ruckers against each other. Short seems a little one-sided, but don't sleep on Rucker's there who history has some highlights amidst a lot of lowlights. For. Last recommendation, Matin Amelia recommend the Hollinger and Dunkin NBA show is debating the NBA's best they say and I quote.
"dunkin" Discussed on Business Wars
"It's November twenty. Seventeen people are bustling down trim on street in downtown Boston pulling their coats tied against the cold. A few. Stop to snap photos of puzzling sign above a construction site. What's going on here? Why people taking pictures? You can't see for yourself. Honestly now will look up there at the orange sign has gone up. Yeah says Dunkin exactly just Dunkin. This woman is one of many longtime customers. Outraged that after seventy years. Dunkin donuts is changing. Its name to Dunkin. It seems like such a small thing but it's not to loyalists. One angry customer tweets if not donuts what is being dunked but in fact donuts sales have been on a steady decline and with people growing more health conscious. Why draw attention to the caloric? Confection the company name. That single word is a liability. Ceo? Nigel Travis decided it was time to pivot but hadn't anticipated such a hot backlash furious calls from longtime customers. Flood the company's headquarters in Canton Massachusetts. Mr Travis you better take this one. Travis takes a deep breath before picking up the phone again. It's a local reporter. Hello Mr Travis. I'm calling to find out why you change the name. Well we're rebranding. People don't eat doughnuts so much anymore. So why focus on that? When coffee is the drawl and we improving our coffee without inflating prices like some of our competitors who have to cover the cost of their cushy in-store environments our customers don't have time to lounge around the name change signals something. More Duncan will not only improve. Its coffee which has a higher profit margin than donuts it also wants to increase its following as the premiere on the go brand so they're trimming their variety of donuts while expanding beverage options but more importantly they're positioning themselves as the real alternative for coffee lovers not just a poor cousin to starbucks. Dunkin is gambling that if customers can get a skinny. Soy Vanilla La tape from Dunkin for less money than they can. At starbucks they will Dunkin's new strategy is by far their sweeping and ambitious plan to overtake their nemesis. The question is will there? Customers accept their new take on a decades old favourite or will the plan fall flat capital. One has a fresh take on banking. Now you can open a new savings account in about five minutes and earned five times. The national average banking with capital one means five times the savings toward your dream honeymoon or five times the savings toward your family's ultimate vacation even five times the savings toward just feeling good about saving. It's time to make your savings goals come true. This is banking reimagined. What's in your wallet? Capital one in a member. Fdic from wondering. I'm David Brown. And this is business. Wars.
"dunkin" Discussed on Business Wars
"August twenty thirteen travis wrestles off his bedcovers and lunges for the phone. That's vibrating with incoming messages groggily. He picks up his smartphone and sees a flood of texts from the marketing team. Tam What now? The British press is slamming. Dunkin donuts over an ad being run by one of its franchise stores in Thailand. He quickly calls. Karen Roscoff the chief communications officer for Dunkin Brands Karen. What the Hell is happening in Thailand? Well unfortunately the franchise there ran a TV ad for our dark chocolate. Donut the one. We're calling a charcoal doughnut. The daughter of the Franchisee is in the AD. She's holding the doughnut in one hand and a chance of what's the problem. The problem is she's wearing black face. Makeup black face. Yes and leading. Human rights group is called the Ad Bazaar and racist apologize for it immediately. An hour later Dunkin donuts issues statements saying it recognizes the insensitive. Any of this spot and apologizes for any offence. It cost the problem blows over ever travis. Who's always been unwilling to engage the company in political activities? This incident solidifies his resolve but Howard shows as always is committed to a different path. It was mayhem. We saw these buildings catch on fire. This was a beauty supply store. And it's we watched it just burned to the ground of the autozone is on fire. This is the third building within two blocks and it is destroyed than the bill. It's November twenty. Fourteen Howard. Schultz is at home watching televised images of cracked car windshield stores on fire groups of protesters marching through the streets of Ferguson Missouri. They're chanting black lives matter. The city erupted after a grand jury announced. It would not charge the white police officer who shot and killed an unarmed black teenager. Eighteen year old Michael Brown. The main streets look like a war zone and this comes three weeks after another unarmed black man. Eric Garner died after being put in a chokehold by police officer in New York City. Schultz is stunned and horrified as he watches Ferguson. Burn for years. He's pondered the proper role for a for profit public company. He's decided corporations have an obligation to improve society even if it hurts their bottom line and now the uprising in Ferguson has moved him trouble but not enough. Attention is being paid to civil unrest. Schultz knows he can't sit this moment out in mid January. Twenty fifteen the starbucks board meets in a conference room in Costa Rica. It's near the coffee farm. The company purchased a year ago. The deal was part of a billion dollar commitment to ethically sourced one hundred percent of its coffee by the end of this year. It's there that Schultz shares. His idea. I think we should weigh in on the black lives matter movement. I want our Baristas to write the words race together on the side of our coffee cups the board members glance at each other. And I don't get this hour honestly. It sounds wacky. It's a way to prompt customers to engage in conversations about race relations. We'll tell Baristas to start up conversations about race as the hand people their cups. Do you seriously think that people getting their morning lots. I want to talk about race relations and come come on. We'll look ridiculous. Plus it's a really volatile issue right now. Riding on cups is just silly. It's no way to address something this series. Despite the concerns Schultz pushes the plan forward when the race together initiative begins the backlash against the white billionaire and his company is immediate the campaign becomes fodder for late night comedy shows but CBS morning host Gayle King. Soberly takes the company to task reading one twitter comment allowed on the air to make her point not sure what starbucks was thinking. I don't have time to explain. Four hundred years of oppression to you and still make my train and twitter is on fire. Some users post pictures of themselves holding starbucks cups that read iced white privilege and by any means necessary. The race together campaign is promptly yanked but despite the public drubbing Schultz's message gets through customers. He's trying to target upscale customers who care about political issues and are willing to pay more for coffee than the every man in line at Dunkin donuts and soon Schultz's judgment seems vindicated in April starbucks. Releases its second. Quarter earnings report. Revenue and operating income have increased driving their stock to an all time high but starbucks is about to bungle another race issue and this one will rock the company's Progressive Image to its core in our next episode Dunkin drops the donuts and win starbucks. Barista refuses to give up the keys. It ignites a national uproar from wondering this business wars and we hope you enjoyed this episode. Please subscribe on Apple podcasts. Spotify Google podcast stitcher. I heart radio wherever you're listening right now. There's a link on the episode notes. If you tap swipe of the cover art you'll also see some operas mar sponsors. We hope you'll support our show by supporting them. And Hey if you like. You've been listening to. It would be awesome if you could give us a five star rating and tell your friends how to subscribe to another way to support us is by answering a short survey at wondering dot com slash survey. And while you're there don't forget to tell us what business war stories you'd like to hear a quick note about the conversations in this episode. We can't know exactly what was said but this dialogue is based on our best research. Now if you'd like to learn more about Dunkin donuts we recommend that challenge culture why the most successful organisations run on pushback by Nigel. Travis I'm your host David Brown Elizabeth K wrote the story. Karen low is our senior producer and editor edited and produced by. Emily Frost. Sound design by. Kyle Randall are executive. Producers Are Ginny Lower Beckmann and Marshal Louis created by or non Lopez four wondering.
"dunkin" Discussed on Business Wars
"A few weeks after the you can do it. Campaign Begins Dunkin. Donuts CEO lands on Campus grey-haired impeccably dressed Nigel Travis. Strides into his spacious office. The fifty nine year old was born and raised in London but he spent much of his career reviving major American brands. Like Burger King and Papa. John's despite the recession he's bullish on the company's future especially now when starbucks is faltering but he also knows there's trouble in the south his first call to a savvy franchise operator with eight stores in Texas. Hello I'm natural. Travis the new CEO. I'm calling because I want to hear about franchisees concerns. I want to get to know you and hear what's on your mind. Well to tell you the truth. I'm thinking of selling out and leaving the Dunkin system. I realize your business isn't as profitable as you want it to be but it's hardly on the brink of disaster. You're right but for the past couple of years it's been all about growth at Dunkin. Lots of new geographies. I know isn't that great? A could be great. There's no real strategy for expansion corporate just wants to grow fast without giving it's Franchisee support and direction and that just doesn't work well when most new owners don't understand the restaurant business. What don't they understand the damn menu for one thing in Texas? You've got to have an apple. Fritter Oracle Lachey on the menu to go with the coffee and they don't have them. What exactly is a collage? It's a Texan thing. And why wouldn't you sell Dunkin's apple fritters and that something everyone loves? Don't these other owners know that they have some control over what they offer? I don't know what they know. I just know what they do or don't do in this case. Well we'll get the word out on them. In a major way I want franchisees selling whatever moves sales and sells lots of coffee in the other problems. You WanNa tell me about. Yeah one big one. The cost of goods. What's the problem there? We still don't have enough stores in the south to leverage better prices from suppliers like you have in the northeast so our supply chain is shakier and costs. Higher profits are lower than they ought to be. I wasn't aware of that. Will I assure you I'm going to nationalize the supply chain? It will take a while but I'll get it done in the meantime. I appreciate your honesty and I hope you won't leave. The Duncan family. Well it means a lot that you're willing to listen. That makes me want to stay. Look we can't stop opening stores that's critical to our business bottle but we can do a better job of supporting you all on that. You have my word as the Texas owner hangs up. Travis is already dialing the next Franchisee. He wants to hear about the company's problems right the source and fix them. It's in everyone's interest for Travis. One of the most exciting aspects of coming to Dunkin donuts is knowing that the private equity firms that took the company over Bain capital the Carlyle Group and Thomas h Lee partners have big plans. He's well aware that he's been hired to get the company ready for when they're taking public in just a few years. The PS are feeling jittery. About what Travis may have in mind. What kind of leader will he be? Will there be a massive reorganization or worse. Will there be layoffs on his first afternoon on the job. Travis summons them to a meeting. He stands smiling at the head of the table and looks around the room. All He sees her blank stares he powers on detailing his vision for Dunkin improve operations move forward with technology and new food and beverage offerings widened. The customer base and open more stores and of course the big dream of taking. Dunkin donuts public in two or three years. Anyone wanted to add anything to that agenda. Any thoughts questions silence. They have no idea how to respond. Travis's smile fades as he feels attention. Every person at the table looks like they're about to be shod. He takes a deep breath. He loosens his tie. It's time to explain how he'll run this company. I'm an advocate of what I call the challenge culture. What that means is that I want you all to feel free to challenge my ideas to push back at me. That's how we'll get the best solutions. The next day travis interviews each member of the Leadership Team. The question is candidate change. And do they want to change by the end of the day? It seems to Travis that hardly any of them have the ability to challenge him in the way he needs within weeks. Most are fired. Travis is determined to surround himself with people who will join his challenge culture. In February. He calls a meeting of his new team. But it's not just any meeting it's a test. Our cost too high. We need to find ways to trim them. They're mutterings of general agreement. Then Travis gets more specific. There are a number of new hires in the budget. I think we could do with less. Everyone is silent. Travis turns to Paul Hig Dunkin donuts new president who was poached from starbucks. Paul where do you stand? I think you're going too far really. I thought you'd argue for even deeper cuts but we've agreed to accelerate growth. We need a lot of strong talent to do it. We can't cut our way to greatness. Twig has just challenged Travis. Head swivelled to see how Travis will respond before he can tweet pipes up again. Hey Nigel you've been saying Ad Nauseam. I might add that you want a culture of challenge. Well now you got it. A smile spreads over Travis Space. Finally he's gotten through conversation begins to flow everyone tosses out ideas in the coming months Travis and his team are consumed with launching new stores and new ideas by the end of his first year. A CEO Dunkin donuts opens three fifty new locations they launch a contest online to create Dunkin's next donut and are flooded with one hundred. Thirty thousand sugary submissions. The winners a man from Hoover Alabama. Who calls his creation toffee for your coffee glazed SOUR CREAM CAKE? Doughnut topped with a thick coating of chocolate and toffee heath. Far Pieces. Travis is thrilled by the contests. Turn out he's eager to boost customer engagement as the recession deepens. Howard Schultz is still looking for ways to make customers fall in love with starbucks again. As he ponders his options he has come to depend on the support of a few close friends. One of them is olden Lee. A former Pepsi executive who's on starbucks board of directors in January two thousand nine Schultz's Lee meet for dinner at a quiet restaurant in New York old. And I've never stopped believing that starbucks will come out of this okay but every day I feel like I'm on an emotional roller coaster that's understandable but it will damage the company as long as you keep it to yourself. Yeah you're right. I know my mood has a domino effect. If I come across as confident it reassures my starbucks partners. That's essential because people are fearful right now but I can't allow fear to hold back so I'm going to put a stake in the ground. We're GONNA do what people say can't be done and build a billion dollar business on instant coffee. What are you joking? Yeah I know I know that'll be everyone's first reaction but I'm dead serious. The problem with instant coffee is that no one's figured out how to make it taste great but are indeed team has cracked the code. The potential is huge. I'm telling you worldwide instinct. Coffee is a twenty one billion dollar market in the U. K. Instant coffee accounts for eighty percent of all coffee sales. We can replicate that success. In North America and expand our market Schultz decides to move ahead with his plan but on February thirteenth. Two thousand nine four days before the roll out a headline appears on the investment website. Motley fool no starbucks please. Don't the article describes the move is nonsensical instant? Coffee has a terrible reputation and enables customers to visit. Its stores less frequently. Finally the article comes right out and asks is Howard Schultz panicking. Getting desperate to show that management's doing something anything. Schultz knows that for a company branded as the brew for Connoisseurs instant. Coffee HIS A VENTI sized risk. Hey did you know that? A lot of conventional deodorants contain aluminum. Which forms a plug in your sweat glands to keep you from sweating yeah. That doesn't sound too pleasant. Does it well? Because of that. I've been meaning to try natural deodorant for a while so I'm thrilled but native has just joined our show as a sponsor see native. Deodorant is formulated without aluminum. Parabens or Talq. Instead it's made with ingredients you've actually heard of like coconut oil and Shea butter so you're probably wondering about effectiveness. Well I did too. Here's the great news. Making the switch to an aluminum. Free Deodorant does not mean you have to sacrifice on any of that performance native. We'll keep you smelling and feeling fresh all day long I love the light and fresh fragrance of cucumber and mint. It's it's not overbearing like some deodorants can be. It doesn't feel chemically dry on your skin. There's no PERFUMEY SMELL. You just feel clean and ready to go in fact. It's a feeling that lasts a long time. I know because it keeps on going. After my daily run classic native sense include cucumber and mint but also coconut in Manila lavender. Rose Eucalyptus and met. 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"dunkin" Discussed on Business Wars
"It's January. Two Thousand Nine Canton Massachusetts. Snow is swirling and sticking to the pavement inside Dunkin donuts headquarters a dozen marketing executives. Violent will conference room. They're here to see a new advertising campaign as the inner one executive nudges his colleague. Have you heard about the price tag on this thing? One hundred million dollars. That's nuts. How could it be worth it? The brand marketing officer clears his throat. Everyone turns toward him. Believe me this ad is great. It's based on four words. You can do it there. Frowns deepen doesn't sound like a winner can. What does that mean? Well look how it's spelled. He dims the lights and turns on the projection screen. See it doesn't say you can do. It says you can do it. A K. I n the last three letters Sin Dunkin so you can do it means. Dunkin donuts is cheering on everyday. People who keep America running now. Here's the shovel out driveway. I can make it to naptime can finish off this paper. I can put together. This swing set by Sunday them for over. Fifty years don't condone XS has been making delicious fresh ground coffee. Sorta those who keep America running. We say with a cup of Dunkin donuts coffee. You can do it. America runs on Dunkin. I love it with this recession. We need something upbeat. Yeah everyone's cutting back in extras like story about coffee. Seemed to be the first to go. This'll get people's attention exactly. We're positioning Dunkin is the all day go to spot for everyday Americans who don't WanNa pay per extra foam underlying message? Duncan is for real people. Starbucks is for snobs. The ad airs on Radio and Television and on twitter and it helps but Dunkin donuts isn't immune to the great recession. They've expanded beyond the northeast opening stores in South Carolina. Nevada Tennessee in Florida. But some of those franchise operators are filing for bankruptcy Dunkin. Donuts needs more than a catchy ad. They need a strong leader. They're about to get one and he won't waste any time. Play Mister Nice guy or hesitate to go. After starbucks business wars is sponsored by light box ever heard of lab grown diamonds lab grown diamonds or essentially chemically identical to natural ones just made in a lab at light box. They've hacked the process to grow gorgeous stones every time it starts with a tiny piece of lab grown diamond heated up in a plasma reactor to temperatures nearly as hot as the sun after about two weeks. Those little seeds grow into full stones. Now here's where it gets really interesting. Lightboxes lab grown diamonds aren't just made the same every time they're also priced the same. Each carrot is eight hundred dollars. Mind blown. They've even cracked the science of color. So you can sparkling pink white and blue check them out at light box jewelry dot com slash VW and make sure to use Code E W for twenty five dollars off. That's light box L. I. G. H. T. B. O. X. DOT COM SLASH B. W Don't forget code. B W for twenty five dollars off from wondering. I'm David Brown. And dish is business.
"dunkin" Discussed on Business Wars
"While Dunkin donuts agonizes over its answer. Frappuccino starbucks is cruising by nineteen ninety-six. They've got more than one thousand stores in the US and their first international stores in Singapore and Japan finally in Nineteen ninety-seven Dunkin donuts perfects. Its own blended summer. Drink the coffee. Cool Lada Kuwata is a winner. Dunkin donuts regulars love it and just like the proper Chino. It also attracts people who don't usually drink coffee but then the marketing team gets the call. They've been dreading after a fifteen year. Run the actor who's played Fred. The Baker in the popular time to make the doughnuts. Ads has decided to retire. Fred's the cornerstone of all their TV advertising. He is Dunkin donuts. The marketing department hastily gathers customers Adore Fred. It'll be so disappointed. We have to soften the blow for our base. How about an advertising campaign that gives spread and appropriate sendoff or a big retirement? Party our parade. Let's do all three as the parade moves through the Boston streets. It's Free Doughnut Day. In Fred's honor his fans. Gobble up six million donuts across thirty three hundred stores. Now the question is how to weaponize all that love against starbucks and the war is global in one thousand nine hundred ninety nine. Dunkin donuts celebrates the sale of their eight Billion Cup of coffee the next year they opened their five thousand th store outside the US. This one in Bali Indonesia starbucks is gaining on them though with more than two thousand stores in the US and eighteen other countries including England New Zealand and the United Arab Emirates by the end of the decade an era of caloric excess is taking off and teens are leading the way when starbucks introduces Caramel. Frappuccino in the summer of nineteen ninety nine it becomes the after school treat of choice and adults are in line with them but Dunkin donut shoots back with a dunk Achino. It's an ICED Cappuccino with thick swirls of chocolate and whipped cream and it's wildly popular. Thanks to some help from surprising spokesman law not anymore. It's Duck Dunkin Chino. Don't mind if I do. What's my name? Gina New K. Chino. You want creamy goodness. I'm your friend. Say hello to my chocolate Glenn. Adequate not he likes this. Whole trial is out of sight back in with Hazel Caramel. Swirl I know it was in two thousand. Three Dunkin. Donuts takes another strike at starbucks when they announced an espresso revolution. Once homey brand is going up scale with its new line of ESPRESSOS Latte and Cappuccinos. They don't need starbucks free WIFI inoffensive music or armchairs covered in purple crushed velvet. They're just fine with a less. Pricey alternative and orange FORMICA. Tables and chairs. Dunkin donuts is doing well. Maybe too well. As part of Dunkin brands which includes Baskin Robbins? In Togo's sandwich stores Dunkin donuts accounts for eighty percent of sales. Success makes it ripe for a private equity takeover in two thousand six three firms. Bain capital the Carlyle Group and Thomas h Lee partners by Dunkin brands for two point. Four billion dollars. Everyone knows this means that Dunkin donuts will eventually be going public weeks later. Dunkin donuts comes out swinging with a multimillion dollar ad campaign taking aim at their upscale competitor. They call it. America runs on Dunkin in one of the first ads. Baffled customers space a long menu of starbucks non English words like Lahti duo and Benji Sav..
"dunkin" Discussed on The Big 98
"Start the day America runs on Dunkin three the we hi so reminiscent.
"dunkin" Discussed on The Complete Guide to Everything
"No it cracked open. Lost part of it to the sewer, but I was able to use the rest Dunkin donuts his teamed up with harpoon the beer, oh, I've seen this, and it's a Dunkin donuts porter. Yeah. Try that even though Dunkin donuts can we talk about how Dunkin donuts coffee is bad unless you put milk and sugar in it. I know you like the black off. It's just like it doesn't. If you like milk and sugar in your coffee Duncan is is a good choice. Like, I don't. So why do you go there retained trying to get coffee? I don't know Christ's sake stuff. Like, I do kinda like the taste of Dunkin donuts coffee is in good. But I like it for what it is occasionally. Say there's that. And it is like a weird. Like, I know people that have moved away from places where there are Dunkin's, and they crave that taste. And I think similarly that they're like, oh, it's not good. It's not good coffee that tastes isn't even good. But for some reason, I want that taste right now, it's like somehow like sometimes people lick things that aren't edible because they, you know, have like an iron deficiency whenever I think, that's what Dunkin donuts coffee is. We are. We are at a time here. I still have so many notes can I just go through my notes. Yes. And ask you something. Should we do the plugs, and then the notes, yes, stay tuned is there's a lot of things that I had to say if you like the show. Dot com to find out more. If you want to support the show checkout patriot dot com slash complete guide for our patron, which is mostly nowadays.
"dunkin" Discussed on The Complete Guide to Everything
"The drive through? Yes. Busy time. And and your food takes forever. And meanwhile, they're just they're just banging out these drive-thru orders. Yeah. I mean, that's different. Like, here's the thing. This woman was taking advantage of. Assist them. Right. I don't blame Dunkin donuts. I I don't blame this woman. And what no I blame the woman because like surprise. Let's let's let's third to a montage of all the time to sit. I blame the woman. We got that. Oh, it's an hour and a half long. Okay. Yeah. We don't have time for their no Pinkas like in. What I if I could go back in time. If I had one chance to go back in time. I would go back to that moment interest. Esa woman like you realize that that was like the only the scenario you were hoping for was to cut me. Here's the deal. That was the only thing that could have happened that you would cut me in her defense. I bet she wasn't thinking that it was staffed by one person. It was very obvious that it was there was only one in her mind. She was thinking I'll get my stuff in. This guy will get his stuff at the same time. And if that's the case, no harm, no foul. Nobody's getting hurt here. This guy is still getting his his his coffee right is black dark roast coffee, which they probably won't even have. They didn't. Yeah. Exactly. So the other thing is like she's like I've seen this guy in here before he's just going to ask for this thing that he knows that they don't have these storm out anx. Yeah. Isn't going to storm out? I'm going to save five seconds and disorder. No, no, these apps, man. Like, they prioritize people like throws everything into turmoil. Everything is about allocation.
"dunkin" Discussed on The Complete Guide to Everything
"Tom you have more to say about specific experience. So my major complain about this Deng Anais is nothing to do with the staff. It has to do with another customer. Tweet about this. But I wanna give some background to it because oh, I almost had an aneurysm in the store at this. All right. Let me set the stage for you. There's a couple in front of me a couple of what jobs. No like a couple of women out there. A couple of friends, but they were together. Two women together in do order doing a joint order joined order. I don't mean. TVD oil. Yeah. Again, CD oil can't smoke it in a joint. Shaken can you smoke anything in joint even liquid CBD? Well, I guess oils. Always look with dean, you can get CD and other forms smoke a hemp necklace, man. Take a pufus shells off a Laffy, taffy CBD. So anyway, sorry. So two people doing a joint order, and as such like kinda taken awhile like kind of perusing the menu ordering like couple of fancy drinks, some food items taking them, no long time. But few minutes is fine. I'm next in line. The woman behind me in line. Actually, I take it back. It does get to the point of like guys look at the menu beforehand. Like, you're you're. Line before them that you witnessed not that I witnessed so maybe they came in and it was just empty. Yeah. Maybe I mean, that's the only acceptable way. Look, I'm just trying to read the benefit riot in this situation. And look they're not the villains in the story. The villain is the woman behind me. Because so the villains a woman. So the people in front of me they're taking surprise they're taking a while. It is actually getting to the point where it so he's completed about women actually getting to the point where I am getting a little like all right? Come on. Hurry up like speed up the orders, the youth out these women weren't smart enough to make their order and a timely fashion. No. It was just like there was a lot of debate about things where like what do you think? I should get a bubble, blah. It's like don't ask somebody else. If you should do you want it? If you want to get it all. Coast like a dollar. Yeah. And like are you hungry enough? Is that something you want? Okay. That's not something somebody else's going to be informed about. So it is getting it is taking a long enough time them gang, like mildly, impatient. The person behind me is getting patient. All of a sudden, I noticed the person behind me gets off the line and schools to the waiting area and has the Dunkin donuts app open on their phone that person place in online order that went through person when you wanna say woman because you will make a you'll try and make it that I'm being a misogynist. Right. Yes. That is what I will do. Oh, and I'm leaving out an important fact here, which is that there is very obvious. It's woman wasn't up to my standard of attractiveness husband wasn't even their ugly woman. No end the nerve nothing attractive. She was a looker did. I'd look the other way. What does that mean if she was a looker look the other way? Her egregious line, cutting, whatever you're going to see what you're saying. Anyway, ordered on the app. The fact I'm leaving out is that there is very obviously, this is on a Sunday. There was very obviously only one employee working, right? Everybody else was at church. So what happened was the? No, I mean, it just goes along with this Dunkin donuts cutting corners everywhere so like Sunday in union square. There aren't as many people. So they only have one person working you gotta wait for ladies to make their order, Tom..
"dunkin" Discussed on The Complete Guide to Everything
"Your spending fifty dollars on TV CB deal from the people of the homemade clothes. They're very nice the closer, the people the people. Yeah. Also, why they're nice high. God damn kite. They're not they don't even. I mean, look, they're very nice people. Although there like a little too relaxed think their their main line high on their own supply like Abbas, having a conversation with a friend. I was in there. Salesperson fell asleep. No, no, the two different sales people came up to and like. We can't do this more. Tux, so quietly that we didn't realize they were talking to us each time. There's anything need us to help. You just let me know what I'm sorry. We're just talking to us directed at us. Yeah. And like schuss -standingly three inches away from us. That's not a problem, you'll have at Dunkin donuts you like how I say Wade us back could be there. They're probably quite people at work at Dunkin donuts all like donkey's, Boston Baston. That's how they take an order. Welcome to donkeys where here in Baston. I mean, I've never had a like a boss, Tony Allen Dunkin donuts employees outside of dunk in Boston. To try to entrap you. Like, it's not like I mean, we're doing a show in Boston X week. Yeah. Guess what there's a Dunkin donuts right near the venue. Well, I'm glad you look that up. Yeah. If you're in Boston, and you're listening right now, you can't go to it while you can if you go to Northeastern University, or if you're on the staff, maybe have, you know student. Or if you just walk into what are they gonna check? I think they're going to. I hope my whole big by whole life is what are they gonna check and ninety nine percent of the time. Check not always mean, you were at a friend Jeff Rosenstock show in Bowery ballroom, recently like we had passes to go wherever but like ninety five percent of the places we went nobody checked Jeff's now, my friend. Oh, there was a ripped. There's a riff on followed each other on Twitter. Oh, wow. That's serious. No. But like. Half the time. Most of the time if you walk around a thorough Tate of -ly service employees have been so beaten down. Yeah. Like or they're paid so little that they just don't care. Well, this was like a show where. It was like I'm not like, you know, they gave us the silks passes. But like. We're old enough. Now, that's like put this on this on looked like at do f-. Whereas like, you know, you need to wear the shirt for another. Whereas like, you know, back in the day was like lug, it is I'm gonna, you know, put this on my forehead to let everybody know VIP. So like all of us, just like guns. Now, we're old enough to know your people are gunning for you, probably SAS innate it. Yes. By somebody trying to prove point. No. But like so nervous. Stuck our passes on our shirts or pants or anything like kept him in our pockets, and like I kept going backstage. And the dude didn't even glance. Yeah. Hey, maybe you just look important. Maybe there's like this is the president of music. Let's here I think it was probably mostly like add. This guy's too old to be like. Yeah. Up to some number one. He's not like a fan. Boy, that's going to be like right ever to. He's not a threat at all. He's not physically intimidated. Yeah. Yeah. Let them go. What's the worst thing in do business? You like this guy's probably going up there to do business. What the do Harrah's guy about licensing deal worse. He's going to do is like he's he's too embarrassed to use the public restroom and striking to a private bathroom because it takes him longer because he's old, but anyway, Dunkin donuts for goodness sake, donkeys sake. I was in a donkeys this week. This new Dunkin donuts open like maybe like six months ago near where I work out of and it stinks..
"dunkin" Discussed on KTLK 1130 AM
"Dunkin says the beverages especially coffee make up for sixty percent of the companies US sales. So starting in January, no more Dunkin defense, it's just Dunkin. Researchers at the university of Texas at Austin recently discovered that bees lose some of the beneficial bacteria in their guts and are more susceptible to infection and death from harmful bacteria when exposed to a popular urbicide called glyphosate, which of course, is in a lot of well known herbicides. The molten. How was right? Leading internet search engine Google will acknowledge that it has made some mistakes on privacy issues and testimony at an executive of alphabet will unit will deliver to a US Senate committee sometime tomorrow. Our antennas teat with TV's making a comeback. Eight million people are expected to cut the cord in two thousand eighteen from cable and concentrate primarily on antennas and the streaming systems like Roku and things like that Lauren Weinstein our expert on the internet's with us. Boy, that's dramatic Lorne. I'm still trying to get get five at Dunkin donuts stories. I always thought I always I'm old enough. I think Doug yoyos. So I remember that. Pops. I think before I talk about the TV on one real quick thing on on smartphone. Voting voting terrible. Horrible. It might seem officiant. But it's not it seems easy. You say, well, you could do it at home in your pajamas and all of this. There's no way to do it that couldn't result in undetectable fraud. It's the kind of situation with the election went just fine. But you don't know that it would find there's no way to know that there's been fraud committed because there's no paper trail paper trail. Now that the TV story is a really really interesting story. We were sort of going back to the future writer or or or back to the past the past whatever it is. Now, actually, I actually have the original TV antenna on the health that I'm in here that probably dates back pedal, probably dates back to the sixties. And if I hooked up to my to my television, I'll get about one hundred and fifty channels here in LA, including even sub channel they're the sub channels off the main digital TV channels, and there's a lot of stuff there. Now. Most of all of it is really commercial. Of course, there's a lot of channels that are networks that run through these sub channels now that run all TV shows retro programming various sorts a lot of them are for the language. But there's a lot of interesting things there thing to keep in mind, though, is as this, you know, kind of blossom there's a lot of hype too. There's two elements of hype to watch out. Out for one of them is you're not gonna get the same kind of stuff that you get from cable or satellite. TV? You're not gonna get those kinds of movies. Are you're not gonna get football games. You can get some of those from from a network channel network. The big three. Look much better from your TV antenna than from cable because cable compresses the more. But these are going to be commercial offerings. It's not gonna be for commercial free sorts of things. But the other thing is people ask me about this a lot. Now, they see Advil the time for very expensive. They call the digital indoor antennas they say they'll pull in the signal digital signals. You'll never need cable again and all of that. And to my mind as far as I'm concerned, most of that is just hype. If you're in an area, if you're in a major city, especially whether strong television signals. You could if you have your old intent up on the roof, you did not ever pull it down. That's going to be fine. That'll work you could buy cheap even the old rabbit ears for many years ago as long as co ax connection on it rose will work fine. So if you want to experiment with over the arrogance and see the the kinds of offerings that have been expanding rapidly rapidly over the air, definitely try it. But don't spend a lot of money on a on a fancy. All right, my friend. Thanks. Let's talk further about those smartphones for voting, okay? That's a great story up next. Rebecca Roth back with us as we talk about her series of works methodical illusion on coast to coast AM. I gotta tell you about see crane CC pocket radio..
"dunkin" Discussed on News Radio 1190 KEX
"The program today was something of a breaking news alert. This will shock some of you, perhaps thrill others some of you may just decide you don't give a damn, but it is big news. Hot off the press. Dunkin donuts is renaming itself Duncan. To reflect its growing emphasis on coffee. Growing emphasis on coffee Ramon Dunkin now that's not D U N C A N as in somebody's last name that is Dunkin as in a type of donuts that are to be submerged. They will keep the apostrophe at the end of the in on Dunkin AP business news reports just Dunkin Dunkin donuts to change its name Duncan is dropping the donuts from their name. Anyway, doughnuts are still on the menu. But the company is renaming itself Duncan to reflect its increasing emphasis on coffee and other drinks. The sixty eight year old chain has toyed with the idea for a while in two thousand six it released. A new motto America runs on Dunkin. The didn't mention donuts last fall at tested the Dunkin logo on a new store in Pasadena, California. It has put the name on a few other stores since then by simplifying and modernizing our name while still paying Omar to our heritage. We have an opportunity to create an incredible new energy for Doug..
"dunkin" Discussed on Marketplace All-in-One
"All right you want trends over time i think it's interesting that you're looking at at daily data five thirty in the morning we we look at data not only daily weekly i mean we have weekly meetings have obviously quarterly meetings and i i am one of the few ceo's who will tell you i think i would rather be public than private because i think it puts pressure on you to really make sure that you're performing and it makes you look at the data on the court late and as what is an annual basis you're absolutely right you can't just look at it on a daily basis but i think the daily pressure builds up to a monthly in lien annual let me back you up to the coffee thing for a minute are you the guy who turned dunkin toward the coffee thing and tried to build the the brand's reputation on that no no i'm i'm not and i think when you look back through the history of the company even though our names dunkin donuts right from the start when the company was in factories and they would provide in dugout some coffee at that time so right from the stop i think is comfy became more popular dunkin donuts grow there was certainly a spell probably twenty years before my time with doughnuts would bake but undug notes was seen as the attachment going back to what we said before but over time is grown i think coffee is grown globally still growing a steady right and i think most big companies c cuffy is of course opportunity well into the future so i can't i can take no credit what i will say is that we're very focused on coffee we believe that we know any of the leaders in drip coffee and ice coffee but we think we've got great opportunity in the future but espresso and coal bruin all kinds of allah coffees people have these days who is your competition then i mean do you think in like starbucks or you think in crispy cream and timour.