All stores that will close are located in Speedway gas station convenience stores.
Restaurant Business Online posted news of the planned closures in early February; it wasn’t immediately clear why the story resurfaced in July.
The site quoted Scott Murphy, president of Dunkin’ Americas, explaining the move during an earnings call: “By exiting these sites, we’re confident we’ll be better positioned to serve many of these trade areas with future Dunkin’ restaurants that reflect the full expression of our next-generation restaurant design.”
Dunkin’ reached an agreement to exit the Speedway-owned-and-operated locations along the East Coast this year, Michelle King, a Dunkin’ Brands spokeswoman, told USA Today.
King added that Dunkin’ plans to grow by expanding in other “non-traditional” locations such as airports and universities.
The closures are expected to be completed by the end of 2020.
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