Dunkin', the coffee and doughnut chain that used to be called Dunkin’ Donuts, will permanently close down 450 locations across the United States by the end of the year, the firm said on Tuesday.
The only Dunkin' stores that are closing are located inside Speedway gas stations, following an announcement that the chain would stop its partnership with Hess, which was acquired by Speedway several years ago.
The locations, Jaspon added, are mainly on the East Coast and are usually smaller than standalone locations.
“By exiting these sites, we are confident we will be better positioned to serve these trade areas with Dunkin’s newest Next Generation restaurant design that offers a broader menu and modern experience,” Jaspon added.
Dunkin’ relabeled itself in 2018 to focus more on coffee and tea, as beverages make up about 60 percent of the company's sales.