Dunkin’ launching cereal line based on two coffee drinks
As if 2020 wasn’t weird enough, Dunkin’ is getting into the cereal game.
The Massachusetts-based coffee and doughnuts empire is releasing two new breakfast cereals based on two of its most popular coffee drinks: Caramel Macchiato and Mocha Latte. The team-up with Post Consumer Brands, the makers of Honey Bunches of Oats, Shredded Wheat, Raisin Bran and other familiar cereals, is expected to hit grocery shelves later this month.
The companies say Dunkin’ coffee concentrate is added to the cereal, which consists of little crunchy spheres mixed with flavored marshmallow bits. A serving has about as much caffeine as a tenth of an 8-ounce cup of coffee.
To be sure, the doughnut chain did try just that. It launched a cereal line based on their popular glazed and chocolate donuts in the 1980s that didn’t exactly take off.
But the company’s interest in trying to break into the market again is understandable: nearly 65% of American adults drink coffee every day and nearly 90% of U.S. households consume cereal, according to Dunkin’.
The cereal effort comes as Dunkin’s brick-and-mortar shops, like others nationwide, have taken a hit during the coronavirus pandemic. The company recently announced plans to close roughly 800 U.S. stores this year, or about 8% of its U.S. locations, as a result. opening its first one two years ago in Nashville, Tenn., with capacity to ship up to 100,000 packages daily, according to the company website.
The 1.1 million-square-foot Nashville facility is expected to employ 600 people by the time it is fully operational in 2023, according to the company website.