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

Why Do So Many People Put Plastic Bottles in the Washer? The Answer May Surprise You

An ordinary plastic bottle typically belongs in the recycling bin, but a growing number of households have started experimenting with clean, empty containers during their daily laundry…

Home with 365 Acres in Pembroke, Virginia

This place doesn’t just sit on the map – it disappears into it. A 365-acre ridge above Pembroke, Virginia, with a 2022 home that feels more like…

Is Collecting Rainwater Really Illegal? A Neighborly Dispute Sparks Legal Questions

Collecting rainwater to tend to gardens and house plants has long been viewed as a simple, eco-friendly habit. However, one homeowner was left baffled after installing two…

👀 I Never Realized There Was A Proper Way To Hang This… See more

The seemingly simple question of how to hang a roll of toilet paper—over or under—has sparked countless debates in households around the world. What may appear to…

They Left Me Stranded 300 Miles Away as a Joke. Five Years Later, My Husband Found Me — and His Smile Vanished When He Saw Who Stood Behind Me.

The sound of their laughter still echoes in my nightmares sometimes—sharp and jagged, like glass shattering against concrete. But on that blazing afternoon five years ago, standing…

A Couple Left Me With A 400 Dinner Bill Until What They Forgot Changed Everything

When a couple walked out without paying for their dinner, I stood in the middle of the restaurant and cried, because I didn’t have the money to…

Leave a Reply

Your email address will not be published.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