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

Biden Appears Healthier Than Trump At 82

New photos of Joe Biden have been spreading quickly online, and the reaction has been strong because people are saying he looks healthier and sharper than Donald…

Rob Reiner’s eldest daughter breaks silence after actor and wife found dead in home

Rob Reiner’s eldest daughter has spoken out regarding the death of her father. Reiner, the beloved and highly-successful Hollywood filmmaker, was reportedly found dead alongside his wife,…

Despite being injured, the courageous father of two stopped more lives from being lost

Fruit Shop Owner Becomes Hero in Bondi Beach Shooting Ahmed al Ahmed, 43, a fruit shop owner from Sutherland, had no prior experience with firearms. Yet, when…

Gozleri Karadeniz (Eyes of the Black Sea) Final plan on his chapter

Atv’s TV series “Gözleri KaraDeniz” which meets viewers on Tuesday evenings is on the agenda… However, the final decision was not 100% certain. The minute-by-minute ratings of…

Charles Krauthammer: His Tragic Journey from Life-Changing Accident to Lasting Legacy

Charles Krauthammer’s life was one marked by tragedy, resilience, and an unyielding brilliance that made him one of the most respected voices in American political commentary. To…

Second Lady Usha Vance opens up about her husband JD’s experience as Vice President, describing it as sometimes “lonely.”

In her first in-depth interview since becoming Second Lady of the United States, Usha Vance is shedding light on her behind-the-scenes role in her husband JD Vance’s…

Leave a Reply

Your email address will not be published.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