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.

Advertisement

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.

Advertisement

“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.

Advertisement

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.”

Advertisement

Related Posts

Teacher Pays Visit to Boy Who Skips School, Learns He Tends to Little Sis Alone — Story of the Day

A teacher learns her pupil is skipping school and tending to his little sister alone when she pays him a surprise visit. Little does she know she’s…

Rich Man in SUV Blocks Ambulance in Traffic Unaware His Son Is inside — Story of the Day

After a traumatic event in childhood, Taylor grew to mistrust doctors so much that he wouldn’t move when an ambulance was trying to get through a traffic…

Old Lady Didn’t Let Anyone into Her Home for Years until One Woman Set Foot Inside – Story of the Day

An old lady never allowed anyone to enter her house for 13 years. But when I did manage to get in there, I was frozen stiff by…

Everyone Mocks Poor Old Lady Desperately Selling Flowers until Young Woman Stops By – Story of the Day

Geraldine was a reserved old lady who sold flowers on the street every day. She endured insults from people who didn’t like her flowers and from people…

Poor boy gives his umbrella to the old lady in the rain, she returns it with an envelope inside – Story of the day

A poor boy decided to share his umbrella with an old lady after getting caught in the rain, walking with her toward her house. A couple of…

Girl Shares Birthday Cake With Homeless Man, Next Day He Returns With Three Fellas To Thank Her — Story of the Day

A little girl shared her birthday cake with a homeless man she had never met before. The next day, the man waited for her dad to leave…