DineEquity forms purchasing co-op for brands

GLENDALE Calif. DineEquity Inc., parent to the IHOP and Applebee’s Neighborhood Grill & Bar chains, said Tuesday it has formed a purchasing co-op called Centralized Supply Chain Services LLC, which officials say will deliver up to 5 percent in cost savings over the next several years.

Scheduled to be in place by Feb. 16, the co-op was created to manage procurement for DineEquity’s nearly 3,400 franchise and company-operated restaurants.

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