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Dunkin' Donuts
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===1963β1998: Bob Rosenberg=== In 1963, Rosenberg's son [[Robert M. Rosenberg|Bob]] became CEO of the company at age 25, and Dunkin' Donuts opened its hundredth location that year.<ref>{{Cite web |date=February 12, 2021 |title=How Dunkin' Donuts Took Over the World |url=https://www.alumni.hbs.edu/stories/Pages/story-bulletin.aspx?num=8083 |access-date=January 30, 2024 |website=Harvard Business School Alumni |language=en}}</ref> Dunkin' Donuts was a subsidiary of Universal Food Systems at the time, a conglomerate of 10 small food-service businesses,<ref>{{Cite book|url=https://archive.org/details/franchisingbusin00shoo|url-access=registration|title=Franchising: The Business Strategy that Changed the World|last1=Shook|first1=Carrie|last2=Shook|first2=Robert L.|date=January 1, 1993|publisher=Prentice Hall|isbn=978-0-13-065608-7|language=en}}</ref> and Dunkin' Donuts locations varied greatly in their menu options, with some selling full breakfasts and others serving only doughnuts and coffee. In the following years, the other businesses in the Universal Food Systems portfolio were sold or closed, and the company was renamed to Dunkin' Donuts. The menu and shop format was standardized, and various new menu items were introduced. In the early 1980s counter service and ceramic coffee cups were replaced by self-service counters and paper cups.{{sfn|Rosenberg|2020|p=129}} The chain [[Initial public offering|went public]] in 1968<ref name="around">{{cite book|title=Around the Corner to Around the World|first=Robert |last=Rosenberg|publisher=Harper Collins|year=2020|isbn=978-1-4002-2048-9|page=40}}</ref> and was acquired by [[Baskin-Robbins]] owner [[Allied Domecq|Allied Lyons]] in 1990.<ref>{{cite news |title=COMPANY NEWS; Dunkin' Donuts Agrees to Sale |url=https://www.nytimes.com/1989/11/18/business/company-news-dunkin-donuts-agrees-to-sale.html |access-date=October 15, 2023 |work=The New York Times |date=November 18, 1989}}</ref><ref>{{Cite book|url=https://archive.org/details/mergersacquisiti00gaug|url-access=registration|title=Mergers, acquisitions, and corporate restructurings|last=Gaughan|first=Patrick A.|year=1996|publisher=John Wiley & Sons|isbn=978-0-471-13145-8|language=en}}</ref> By 1998, the brand had grown to 2,500 locations worldwide with $2 billion in annual sales.{{citation needed|date=September 2018}} Dunkin' Donuts expanded in the 1990s by buying out two rival chains: [[Mister Donut]] (which was founded by Bill Rosenberg's former partner [[Harry Winokur]]) and [[Dawn Donuts]].<ref>{{cite news|url=https://www.newspapers.com/image/99601971/|title=Most Dawn Donut shops will start Dunkin'|date=January 18, 1992|work=Detroit Free Press|page=11A|access-date=November 19, 2017|archive-date=November 24, 2020|archive-url=https://web.archive.org/web/20201124130815/https://www.newspapers.com/image/99601971/|url-status=live}}</ref>
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