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

King Charles is reportedly “still very sick

King Charles is reportedly “still very sick” despite appearing to recover, with plans for his funeral, codenamed Operation Menai Bridge, already well underway. Sources indicate the 75-year-old…

Celine Dion Calls Out Trump For Using Her Song

Welcome or back to , the site that tries every day to help you with as much information as possible. If these are useful to you, don’t…

If You See Someone With That Tattoo Get Out Of There (2)

If You See Someone With These Tattoos, Call The Cops

Tattoos can be artistic, but some signal gang affiliations, now present even in smaller towns. Recognizing these tattoos is crucial for safety. Examples include: – “14” or…

64624f7b3f2bb9f6fb646bf156ceec47acaa96d638231c1b435d498bbaf1c73b1

My 5-year-old son started avoiding his mom – His reason greatly worried me, so I confronted my wife

Robert, 32, a husband and father, has been comfortably balancing work and family life with his wife, Candice, and their five-year-old son, Samuel, affectionately known as “Sam.”…

402144623 734506658700779 3339305006669214189 N (1)

‘Devastated’ Widower Takes a Paternity Test after Reading His Late Wife’s Final Letter

Ten months after his wife died, a widower plucked up the courage to unfold the final letter she wrote for him before she died. After reading her…

434209630 827210229449555 4254568627735109392 N (1)

Mother Enraged After Seeing Her Children Cry

Seeing the presents, I was surprised – my sister had made a grave blunder in picking presents for Colin and Daniel on their sixth birthday celebration. Rather…

Leave a Reply

Your email address will not be published.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