Dunkin’ to close around 800 US locations
(CNN) – Dunkin’ expects to permanently close about 800 locations in the U.S.
That’s 8% of its locations in the country.
The company detailed the changes in its quarterly earnings report Thursday. It described the closures as a “real estate portfolio rationalization.”
Dunkin’ said the locations have low sales volume and represent only 2% of its U.S. sales last year.
More than half of the closures are in Speedway convenience stores, a change Dunkin’ previously announced in February.
A list of the affected locations hasn’t been announced.
The company also said it may permanently close about 350 locations outside of the U.S.
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