Dunkin' Brand's underperforming shares perked up as "help wanted" signs went up. The coffee and donut chain said Monday its franchisees will hire up to 25,000 employees. It didn't give a timeframe. The jobs will range from serving customers at the counter to restaurant management. The company will also offer online college education to employees in a partnership with Southern New Hampshire University. The move comes as America reopens. New York City was abuzz with the sound of jackhammers Monday as the business capital launched Phase 1 of its reopening that includes construction and retail - workers in those sectors who had stayed at home for months could use a pick-me-up. Wall Street gave Dunkin a lift Monday after KeyBanc upgraded the shares to "overweight" from "underweight." The brokerage sees Dunkin's same-store sales improving as northern U.S. states reopen. Shares of Dunkin', which has lagged rivals such as Wendys and McDonalds this year, rose more than 3% in early trading. | |||||||||||||
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