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

Country music star HARDY rips into Americans who say they don’t like living here

Though Hardy didn’t call out his target specifically, some fans have drawn a connection to pop artist Macklemore, who made critical statements about America during a show last week, which…

“Confident Elegance: Woman in a Swimsuit”

A woman in a swimsuit exudes confidence, embracing her body and age with pride. She inspires others to love themselves, proving that beauty is timeless and ageless.

The Golden Girls Reimagined: A Controversial Cast Sparks Debate (VIDEO)

The Golden Girls Reimagined: A Controversial Cast Sparks Debate (VIDEO) In an exciting turn of events, beloved sitcom “The Golden Girls” is set for a remarkable revival,…

Viva Las Vegas: Bloopers and mistakes you might missed

Elvis Presley is one of those American icons you just can’t replicate. His electrifying chemistry with Ann-Margret lit up the screen in the 1964 film Viva Las…

Jail in Hurricane Milton extreme danger zone will not evacuate 1200 inmates despite death warnings.

Manatee County Jail is in Hurricane Milton’s danger zone A jail in Florida is reportedly not evacuating its inmates, despite being in the danger zone for Hurricane…

Woman tries grandmother’s 1950s honeymoon wardrobe and people can’t believe how good it is

Good style is one thing that never goes out of style. Your clothes will last for many generations if you have a timeless sense of style! This…

Leave a Reply

Your email address will not be published.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