Dunkin’ Donuts Announces It Is Closing Stores For Good

For years, Dunkin’ Donuts has been making its way across the United States. Just like Starbucks, Dunkin’ is a coffee shop and bakery that offers local a place to get their caffeine fix on every corner. And in New England, Dunkin’ Donuts is almost available on every single corner. Sometimes there are even two locations within a short walk of each other.

However, Dunkin’ has just announced that they will be shutting down 450 locations inside Speedway stores across the east coast. That means that people who like to pick up donuts or a coffee while filling up their gas tank might have to settle for a cheap gas station coffee and packaged donut instead of the good stuff that Dunkin’ can sell them.

The Dunkin’ locations that are in the gas station do not make the corporation much money. They only take in about “less than 0.5 percent of Dunkin’ domestic sales in 2019,” the president of Dunkin’ Americas, Scott Murphy said.

Kate Japson, chief financial officer, made the decision to shut down those locations and shovel all the upkeep money into locations that are more profitable.

“By exiting these sites, with minimal financial impact, we’re confident we’ll be better positioned to serve many of these trade areas in the coming years with new Dunkin’ NextGen restaurants that offer a broader menu,” Japson said.

She added, “We will be exiting 450 limited-menu Dunkin’ Speedway owned and operated locations throughout 2020, closing under a termination agreement entered into with Speedway. These limited-menu locations are lower volume units, in total representing less than 0.5 percent of Dunkin’ U.S. annual systemwide sales.

Dunkin’ currently has 9,600 locations across the entire chain. That’s a lot of places for people to get their coffee and fuel up.

However, Dunkin’s may regret having made the decision to shut down so many locations. Because the COVID-19 pandemic is already shutting down stores, people are holding off on spending money on items like coffee, which are often considered luxury items, and instead of grabbing their morning Joe from the grocery store.

Nevertheless, the CEO of Dunkin’s Brands, Dave Hoffman, said, “We’re focused on making your experience as frictionless as possible, whether through our 5,300+ drive-thru locations, On-the-Go ordering and curbside pickup through the Dunkin’ app, or delivery through GrubHub and other providers. Rest assured, we are committed to providing a safe, secure experience at Dunkin’– offering you something familiar and welcoming amid so much change. “

Because the virus is changing the landscape of America, people no longer have a place to go outside of their homes. This has put a lot of strain on families. Some families enjoy the extra time together. Others feel that it is just too much to bear.

But Dunkin’ hopes to be there for you in your time of need.

Hoffman said, “For more than 70 years, Dunkin’ has been at the heart of the communities we serve, keeping America running and taking care of our guests. We are grateful for the dedication of our franchisees and crew members who make our brand stand tall every day. We’re continuing our legacy of being there when people need us most by taking these additional steps to be your place of comfort during all of this uncertainty.”

Related Posts

He Walked Out After 14 Years of Marriage. Three Years Later, I Saw Him Again and Realized I Had Quietly Rebuilt Everything

When my husband walked out after fourteen years of marriage, it felt like the ground disappeared beneath my feet. One ordinary evening, he sat across from me…

My Mom Raised Me Alone – but at My College Graduation, My Biological Father Showed Up and Said She’d Lied to Me My Whole Life

My life exploded in a single sentence. One moment, I was just a college graduate. The next, a stranger was calling me “son” while my mother’s face…

The son of the beloved actress passed away at the age of 13…

The news hit like a punch to the chest. A beloved actress, adored for her warmth and talent, is now facing every parent’s worst nightmare: the sudden…

Plane crashes and leaves several dead in the interior… see more

Tragic news has emerged today as a plane crash occurred in the interior region, leaving several people dead. Emergency services rushed to the scene, with rescue teams…

Mexican woman married an old man! A millionaire, but she never imagined what he… See more

A shocking story has emerged from Mexico, where a young woman married a wealthy older man. The millionaire was known for his luxurious lifestyle and impressive business…

Mexican woman married an old man! A millionaire, but she never imagined what he… See more

A shocking story has emerged from Mexico, where a young woman married a wealthy older man. The millionaire was known for his luxurious lifestyle and impressive business…

Leave a Reply

Your email address will not be published. Required fields are marked *