![]() CNN Sans ™ & © 2016 Cable News Network.Follow Reddiquette and remember the human behind the screen. ![]() Market holidays and trading hours provided by Copp Clark Limited. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC and/or its affiliates. Standard & Poor’s and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile: Certain market data is the property of Chicago Mercantile Exchange Inc. US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account While discussing second-quarter earnings, Hoffman noted that same-store sales of breakfast sandwiches and bagels grew 15% over a two-year period. The chain pointed to breakfast sandwiches as one reason that sales at US stores open at least a year jumped 2.4% in the first quarter. So far, the strategy seems to be working. (WEN) recently announced that it will start serving breakfast nationally, an initiative that costs $20 million and requires about 20,000 new US employees.ĭunkin’, too, has been experimenting with new breakfast items like breakfast bowls and healthier sandwiches. Breakfast is one bright spot for fast food companies looking to eke out growth in a crowded space, and many chains are expanding their offerings. (DNKN), the Beyond breakfast sandwich is also a way to capture sales in an expanding segment. Dunkin’s Beyond sandwich is served with egg and cheese, animal products vegans don’t eat. The Impossible Whopper is a way to “give somebody who wants to eat a burger every day, but doesn’t necessarily want to eat beef everyday, permission to come into the restaurants more frequently,” Chris Finazzo, president of Burger King North America, told CNN Business in April. (KR) shoppers who bought Beyond Burgers in the first half of 2018 also bought meat during the same period. In its IPO paperwork, Beyond Meat reported that 93% of Kroger Jefferies predicts that by 2040, the alternative meat market could make $240 billion in annual revenue globally.Īnd it’s unlikely that customers who eat plant-based protein for health and environmental reasons will abandon animal protein - or the fast food staples that feature real meat. Just a month later, Burger King announced that it would make the product available nationally because the test had gone “exceedingly well.” The Impossible Whopper launched across the United States in August.įor chains like Burger King, Dunkin’ and others, the meat substitute protein trend could be a boon.īarclays predicts the alternative meat sector could reach about $140 billion in sales over the next decade, capturing about 10% of the global meat industry. ![]() Burger King first tested out the meatless Whopper, which features a patty made by Impossible Foods, in April. The speedy rollout echoes Burger King’s trajectory with the Impossible Whopper. Over 9,000 Dunkin' locations will serve the sandwich starting November 6. (DNKN)’ locations will serve the sandwich starting November 6. ![]() (DNKN)’ to speed up the national launch, which was previously scheduled for January. The enthusiastic customer reaction inspired Dunkin Sales of the sandwich were more than twice as high as expected. The Beyond Sausage Sandwich is now the second best-selling item in Dunkin’s Manhattan stores, following the company’s bacon, egg and cheese bagel. That test “exceeded our expectations,” Dunkin’ CEO Dave Hoffmann said in a statement Monday. The buzzy new sandwich is a way for the chain to capitalize on growing consumer interest in plant-based proteins - and take up more space in the increasingly competitive breakfast segment.ĭunkin’ first introduced a breakfast sandwich featuring Beyond Meat’s meatless sausage in New York City this July. Dunkin’ is launching its Beyond Meat breakfast sandwich nationally in November, two months ahead of schedule, after a highly successful test of the product this summer.
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