The Dunkin’ Donuts coffee-chain said Thursday that it expects to permanently close about 800 locations nationwide, according to CNN.
Dunkin’ said the locations have low sales volume and represent only 2% of its U.S. sales last year. The company did not say what locations would close.
The company detailed the changes in its quarterly earnings report and described the closures as a “real estate portfolio rationalization.”
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More than half of the closures are in Speedway convenience stores.
The company also said it may permanently close about 350 locations outside of the U.S.
First Published: July 30, 2020, 5:18 p.m.
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