free site statistics

Dunkin’ Donuts Announces It Is Closing Stores For Good

For years, Dunkin’ Donuts has been expanding its presence across the United States, akin to Starbucks, as a coffee shop and bakery offering locals a convenient spot to satisfy their caffeine cravings on every street corner. In New England, Dunkin’ Donuts outlets are nearly ubiquitous, with multiple locations often within close proximity.

However, Dunkin’ recently unveiled plans to close down 450 establishments located within Speedway stores along the east coast. This means that individuals accustomed to grabbing donuts or coffee while refueling their vehicles might have to make do with lower-quality gas station coffee and prepackaged donuts instead of Dunkin’s signature offerings.

The Dunkin’ branches situated within gas stations have contributed only minimally to the company’s revenue, accounting for “less than 0.5 percent of Dunkin’s domestic sales in 2019,” according to Scott Murphy, the president of Dunkin’ Americas. In light of this, Kate Japson, the chief financial officer, made the strategic decision to shut down these locations and redirect the resources into more profitable outlets.

Japson stated, “By discontinuing these sites, with minimal financial repercussions, we anticipate positioning ourselves better to serve these trade areas in the future with new Dunkin’ NextGen restaurants that offer an expanded menu.”

She further explained, “We will be closing 450 limited-menu Dunkin’ Speedway owned and operated locations throughout 2020, as part of a termination agreement with Speedway. These limited-menu sites represent lower volume units, collectively making up less than 0.5 percent of Dunkin’s U.S. annual systemwide sales.”

Presently, Dunkin’ operates a total of 9,600 locations across its chain, providing ample opportunities for customers to enjoy their coffee and refuel their vehicles.

However, the decision to close down these outlets might pose challenges for Dunkin’ amidst the ongoing COVID-19 pandemic. As store closures and economic uncertainties impact consumer behavior, individuals are scaling back on non-essential expenses like coffee, which is often considered a luxury item, and instead opting to purchase their morning brew from grocery stores.

Despite this, Dunkin’ Brands’ CEO, Dave Hoffman, highlighted the company’s commitment to enhancing customer experiences through various avenues such as drive-thru locations, mobile ordering, and delivery partnerships with platforms like GrubHub.

Given the shifting landscape brought about by the virus, where people have fewer opportunities to venture outside their homes, Dunkin’ aims to remain a source of comfort for individuals in their times of need.

Hoffman emphasized, “For over 70 years, Dunkin’ has been an integral part of the communities we serve, keeping America running and taking care of our guests. Amidst the uncertainty, we’re continuing to be there for people by taking additional measures to offer comfort during these challenging times.”

Related Posts

Shocking Video of Firefighter’s Actions Toward Little Girl…

In a heartwarming incident, California firefighter Ryan Lopez comforted a 4-year-old girl at a car crash near San Diego. The accident involved multiple vehicles, caused by a…

They Tore Mom Down When Writing Her Obituary

The obituary for Kathleen Dehmlow, published by *The Redwood Falls Gazette*, quickly drew public attention and outrage due to its surprising content. While it started as a…

(VIDEO) The instrumental version of ‘Sound of Silence’ uses bass to introduce a fresh emotion for fans.

Tommy Lee Depp brings a fresh take on the classic song “Sound of Silence” with his solemn bass cover, echoing the mood of the original while adding…

“In 1983, a 16-Pound Baby Shocked the World – You Won’t Believe What He Looks Like Now!”

In 1983, Patricia Clarke gave birth to Kevin Robert Clark, a massive baby weighing over 16 pounds. He was the largest infant born at Community Memorial Hospital…

My ‘beloved husband’ received this photo from me, then

It was just an ordinary day when I sent my husband a picture of me standing next to our neighbor’s horse. I didn’t think much of it…

GRANDDAUGHTER FOUND HER GRANDPARENTS’ WEDDING GIFT CHEAP

Jen and her husband were on their 70s, as they haf five grandchildren. Three of them were women and two of them were men. They were ready…

Leave a Reply

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