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As part of a "real rationalization of the real estate portfolio,"Return announced Dunkin 'in July 2 020 That the coffee chain of Massachusetts would close 800 sites by the end of the year. (Although sounds like many, these 800 locations represent only about 8 percent of American chain-total restaurants.)In hisThird Quarter Results Report Posted on October 29, Dunkin 'confirmed that he had officially closed a total of 687 locations, permanently.

(In touch:8 groceries who can soon be in the short diet.)

An important part of these sites-447 of them were pre-post-Dunkin 'in Speedway Fuel Station convenience stores. The company has reached an agreement with Speedway earlier this year to close the premises because they have lower volumes and limited menus, claiming the markets would bebetter served in large-scale places.

Dunkin 'explains that the decision of the shutter 240 additional stores has not been attributed to Covid-19, as has been the caseThousands of restaurants andRestaurant chains. On the contrary, it was only due to the fact that they were low volume points of sale that represent only 2% of its US sales from 2019.

"We are almost with our initiative, as announced in the last quarter, to work with our low-volume franchisees, underperforming the following locations our quality development philosophy on the other quantity," said Kate Jaspon , Chief Financial Officer, Dunkin 'Brands Group, Inc. in a press release. "For many American franchisees Dunkin, the closing of these restaurants will allow them to reinvest in the brand either by remodel up next generation, the construction of new restaurants, or the moving of restaurants to more traffic areas. »

Although Dunkin's comparable store sales have fallen18.7% in the second quarter During the beginning of thecoronavirus, The coffee chain has recovered in the months since. After the restaurants gradually could open dine in places, Dunkin 'recovered a growth of 0.9% in the third quarter with about 98% of Dunkin' American sites again completely open.

While Dunkin 'loses these underperformance locations, the chain continues to grow and improve. The company opened 221 new locations during the same period and plans to add more driving service. According to Scott Murphy, President of Americas Dunkin ', locations with Drive-Thru formats better because units without the channel since the beginning of the CVIV-19 crisis, as reported byRestaurant Business. That's why Dunkin 'is on our list of6 DRIVE-THRUS FAST FOOD You will see everywhere soon.

For even more means of your favorite coffee chain is evolving in the middle of the pandemic, do not miss these5 main changes you are going to see in Dunkin '.

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