Dunkin’ Will Be Closing 800 Stores Due to Pandemic Sales Slump
What does this mean for DD in the 815? I was certain, even during this pandemic, that we were still knocking back lots of coffee and donuts.
By the end of 2020, we will say goodbye to 800 Dunkin' restaurants nationwide, and who knows how many jobs.
Dunkin' just released their second quarter earnings report and inside it revealed that even with the closing of 800 stores, it only makes up about 8% of the total restaurant footprint.
The 800 locations to be closed includes 450 restaurants already planned inside Speedway gas stations across the country.
As of now, the company has not released the locations of the restaurants they intend to close.
In addition to closings in the U.S., Dunkin' will also be closing 350 restaurants in other countries.
[H/T ABC 7 Chicago]