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800 Dunkin’ locations expected to close in addition to previously announced 450 locations
Dunkin’ is planning on closing more locations across the United States.
In this morning’s second quarter earnings results, the company announced that they expect that approximately 800 Dunkin’ U.S. locations, including the previously announced 450 limited-menu Speedway locations, may permanently close in 2020 based on low sales as part of a real estate portfolio rationalization, being performed in conjunction with its franchisees, with the goal of setting the U.S. system up for continued strong, profitable future growth.
The 800 locations would represent approximately 8 percent of the Dunkin’ U.S. total restaurant footprint and approximately 2 percent of 2019 Dunkin’ U.S. systemwide sales, inclusive of the Speedway closings.
SocialCrusticeCrusader
July 30, 2020 at 6:12 pm
Coffee sucks at Dufuss donuts.