Dunkin’ Is Permanently Closing 450 of Its Locations—Here’s Why
Surprisingly, the Dunkin' closures aren't related to the pandemic.
Prepare to say goodbye to a daily Boston Kreme, because Dunkin’ will be closing up shop on 450 locations by the end of 2020. This might be the biggest news since Dunkin’ dropped the Donuts part of its name.
This means Dunkin’ will be have slimmed-down ranks like Starbucks, which recently shuttered a number of locations.
Don’t worry, though—there will still be plenty of stores Dunkin’ that stay open.
Why Is Dunkin’ Closing Stores?
OK, first things first—this wave of closures likely won’t affect standalone Dunkin’ locations. The locations in danger of getting the boot are located inside of Speedway gas stations (which are primarily on the East Coast) and are smaller than usual Dunkin’ locations, with limited menus.
Dunkin’ doesn’t appear to be a casualty of COVID-19, though. This news was originally reported back in February, but Dunkin’ has recently confirmed the closures. According to Dunkin’s chief financial officer Kate Jaspon, these locations represented less than 0.5% of the chain’s U.S. sales in 2019.
In short, these Dunkin’ locations inside of gas stations were underperforming even before the global pandemic hit.
The World Runs on Dunkin’
Even though there are nine states where Dunkin’ doesn’t do business, they still manage the be the #1 doughnut retailer in the United States and claims to sell more than 2.9 billion doughnuts and 2 billion cups of coffee each year. That’s a lot of doughnuts!
If you haven’t checked out the Dunkin’ menu at locations around the world, you’re in for a treat. Sure, you might find glazed and old-fashioned doughnuts, but you’ll also discover unexpected ingredients like Parmesan cheese and dates!
These Dunkin’ copycat recipes show you how to recreate all of your favorites, from Coolattas to breakfast sandwiches.