Mon08032020

Robins Global News & Noticias



COVID-19 Map Tracker | COVID-19 News Features


  • Career Exam Study
    Career Exam Study
  • E-commerce Guide
    E-commerce Guide
  • Dropshipping Guide
    Dropshipping Guide
  • Microsoft Exam
    Microsoft Exam
  • IT Career News
    IT Career News

RobinsPost News Network

+ Larger Font | - Smaller Font
Share

Consumer Daily Reports

Consumer News: Dunkin’ to close 800 U.S. locations in 2020

Photo
Photo (c) helen89 - Getty Images
Dunkin’ announced on Thursday that it plans to permanently close approximately 800 U.S. locations. 

In its second quarter earnings report, the chain said the closures are "part of a real estate portfolio rationalization” that involved evaluating its most productive locations.

Dunkin’ said the closures will affect “low-volume sales locations” that pulled in just 2 percent of its total U.S. sales last year. More than half of the locations slated to be closed this year are in Speedway convenience stores. 

“For Dunkin’ U.S., same-store sales improved sequentially throughout the quarter, largely as a result of our ability to pivot quickly and introduce new menu items designed to appeal to customers who are now visiting us later in the day,” CEO Dave Hoffmann said in a press release.

Store closures accumulate 

In the midst of the coronavirus pandemic, a number of retailers have announced plans to pare down their store count. Earlier this week, McDonald’s said it would be closing about 200 "low-volume" locations this year.

Ascena retail group, the parent company of Ann Taylor, LOFT, Lane Bryant, Justice, Catherines, and Lou & Grey announced last week that it was filing for Chapter 11 bankruptcy protection. Ascena said it would be reducing its footprint by closing a “significant number” of Justice stores, a “select number” of Ann Taylor, LOFT, Lane Bryant, and Lou & Grey stores, and all of its Catherine’s stores.

J.Crew, JCPenney, Neiman Marcus, and Brooks Brothers have also announced store closures and bankruptcy filings as a result of declining sales.



Posted: 2020-07-30 16:26:41

Get Full News Story On Consumer Affairs


Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.



YouTube Consumer News Playlists

Consumer Video: 2021 Chevrolet Trailblazer First Impressions; Best Used Cars for Teens Under $20,000 | #266


Related Videos On: 2021 Chevrolet Trailblazer First Impressions; Best Used Cars for Teens Under $20,000 | #266

Published: 31st Jul 2020 08:10:50   By: Consumer Reports

Consumer Video: 2021 Kia K5 and 2020 Porsche Taycan First Impressions | Talking Cars with Consumer Reports #265


Related Videos On: 2021 Kia K5 and 2020 Porsche Taycan First Impressions | Talking Cars with Consumer Reports #265

Published: 24th Jul 2020 10:47:42   By: Consumer Reports

Consumer Video: Why Not to Buy a Portable Air Conditioner | Consumer Reports


Related Videos On: Why Not to Buy a Portable Air Conditioner | Consumer Reports

Published: 21st Jul 2020 07:30:04   By: Consumer Reports

Consumer Video: 2020 Range Rover Evoque Test Results; 2021 Ford Bronco Debut | Talking Cars #264


Related Videos On: 2020 Range Rover Evoque Test Results; 2021 Ford Bronco Debut | Talking Cars #264

Published: 18th Jul 2020 02:32:51   By: Consumer Reports

Consumer Video: 2020 Tesla Model Y First Impressions | Talking Cars with Consumer Reports #263


Related Videos On: 2020 Tesla Model Y First Impressions | Talking Cars with Consumer Reports #263

Published: 13th Jul 2020 03:43:32   By: Consumer Reports

Car Video: '67 & '68 Mustang - Stock or Resto-Mod - TV Season 3 Ep. 5 | Everyday Driver


Related Videos On: '67 & '68 Mustang - Stock or Resto-Mod - TV Season 3 Ep. 5 | Everyday Driver

Published: 1st Aug 2020 04:00:06   By: EverydayDriver

Car Video: LC Convertible vs. LC Hybrid - Special Enough? | Everyday Driver


Related Videos On: LC Convertible vs. LC Hybrid - Special Enough? | Everyday Driver

Published: 29th Jul 2020 10:52:18   By: EverydayDriver

Car Video: Toyota Venza - The Prius SUV - FastBlast


Related Videos On: Toyota Venza - The Prius SUV - FastBlast

Published: 23rd Jul 2020 08:51:17   By: EverydayDriver

Car Video: CUVs - 5 Seat Phenoms - CX5, Cherokee, Crosstrek - TV Season 3 Ep. 4 | Everyday Driver


Related Videos On: CUVs - 5 Seat Phenoms - CX5, Cherokee, Crosstrek - TV Season 3 Ep. 4 | Everyday Driver

Published: 18th Jul 2020 04:00:02   By: EverydayDriver

Car Video: Toyota C-HR - Salsa Commercial - Fast Blast | Everyday Driver


Related Videos On: Toyota C-HR - Salsa Commercial - Fast Blast | Everyday Driver

Published: 16th Jul 2020 08:35:57   By: EverydayDriver

Product Review Video: Pixel 4a vs. iPhone SE camera comparison


Related Videos On: Pixel 4a vs. iPhone SE camera comparison

Published: 3rd Aug 2020 05:00:14   By: CNET

Product Review Video: Pixel 4a unboxing


Related Videos On: Pixel 4a unboxing

Published: 3rd Aug 2020 03:30:00   By: CNET

Product Review Video: Pixel 4a review: Impressive camera and a battery that beats the iPhone SE


Related Videos On: Pixel 4a review: Impressive camera and a battery that beats the iPhone SE

Published: 3rd Aug 2020 03:00:19   By: CNET

Product Review Video: The problem with police body cameras


Related Videos On: The problem with police body cameras

Published: 2nd Aug 2020 12:00:11   By: CNET

Product Review Video: Personal aerial vehicles you can buy


Related Videos On: Personal aerial vehicles you can buy

Published: 31st Jul 2020 12:00:14   By: CNET

FTC Video: FTC Hearing: Panel Discussions on the Role of Notice and Choice... - April 10, 2019 - Session 1


Related Videos On: FTC Hearing: Panel Discussions on the Role of Notice and Choice... - April 10, 2019 - Session 1

Published: 22nd Jul 2020 07:51:42   By: FTCvideos

FTC Video: FTC Hearing: Remarks by FTC Commissioner Rebecca Kelly Slaughter followed by...- April 12 Session 2


Related Videos On: FTC Hearing: Remarks by FTC Commissioner Rebecca Kelly Slaughter followed by...- April 12 Session 2

Published: 22nd Jul 2020 07:39:43   By: FTCvideos

FTC Video: FTC Hearing: Emerging Competition, Innovation, and Market Structure - Nov. 14, 2018 - Session 2


Related Videos On: FTC Hearing: Emerging Competition, Innovation, and Market Structure - Nov. 14, 2018 - Session 2

Published: 13th Jul 2020 04:40:54   By: FTCvideos

FTC Video: FTC Hearing: Economics of Online Advertising; Competition and Consumer...- Nov. 7, 2018 - Session 3


Related Videos On: FTC Hearing: Economics of Online Advertising; Competition and Consumer...- Nov. 7, 2018 - Session 3

Published: 10th Jul 2020 08:25:27   By: FTCvideos

FTC Video: FTC Hearing: Remedies for Competition Problems in Data Markets - Nov. 7, 2018 - Session 2


Related Videos On: FTC Hearing: Remedies for Competition Problems in Data Markets - Nov. 7, 2018 - Session 2

Published: 10th Jul 2020 06:19:04   By: FTCvideos

DIY Video: Slowing Down Dash | PETS | Great Home Ideas


Related Videos On: Slowing Down Dash | PETS | Great Home Ideas

Published: 31st Jul 2020 12:30:05   By: Great Home Ideas

DIY Video: Boxer Frank | PETS | Great Home Ideas


Related Videos On: Boxer Frank | PETS | Great Home Ideas

Published: 30th Jul 2020 12:30:00   By: Great Home Ideas

DIY Video: Hotfoot The Bearded Dragon | PETS | Great Home Ideas


Related Videos On: Hotfoot The Bearded Dragon | PETS | Great Home Ideas

Published: 29th Jul 2020 12:30:01   By: Great Home Ideas

DIY Video: Small Garden Walkaround | OUTDOOR | Great Home Ideas


Related Videos On: Small Garden Walkaround | OUTDOOR | Great Home Ideas

Published: 28th Jul 2020 12:30:00   By: Great Home Ideas

DIY Video: How to Make Easy Prawn Skewers | FOOD | Great Home Ideas


Related Videos On: How to Make Easy Prawn Skewers | FOOD | Great Home Ideas

Published: 27th Jul 2020 07:30:00   By: Great Home Ideas

Business Video: David Rockefeller Fund Joins the Net-Zero Asset Owner Alliance


Related Videos On: David Rockefeller Fund Joins the Net-Zero Asset Owner Alliance

Published: 3rd Aug 2020 09:04:27   By: Bloomberg Markets and Finance

Business Video: Entrepreneur Lauren Simmons on Wall Street Inequality Reform


Related Videos On: Entrepreneur Lauren Simmons on Wall Street Inequality Reform

Published: 3rd Aug 2020 08:33:35   By: Bloomberg Markets and Finance

Business Video: Jacobs CEO Wants Support for Local Governments in Stimulus Bill


Related Videos On: Jacobs CEO Wants Support for Local Governments in Stimulus Bill

Published: 3rd Aug 2020 08:01:04   By: Bloomberg Markets and Finance

Business Video: Here's why the euro is appreciating to the U.S. dollar


Related Videos On: Here's why the euro is appreciating to the U.S. dollar

Published: 3rd Aug 2020 07:47:08   By: Bloomberg Markets and Finance

Business Video: Fed's Kaplan Says Unemployment Extension Needed for Growth


Related Videos On: Fed's Kaplan Says Unemployment Extension Needed for Growth

Published: 3rd Aug 2020 06:18:43   By: Bloomberg Markets and Finance



Related News Stories From The Web And More

Related Bing News Search Results

Consumer News: Dunkin’ to close 800 U.S. locations in 2020 | Consumer Daily Reports | RobinsPost News Network - Newscast

Dunkin' Could Close 800 Stores, Fate Of IL Locations Uncertain

Mon, 03 Aug 2020 09:29:00 GMT

Dunkin' has announced that 800 U.S. restaurants could close in 2020, including 450 Speedway Dunkin' locations.

Dunkin’ plans to permanently close up to 800 US locations this year

Fri, 31 Jul 2020 17:41:00 GMT

Dunkin', the coffee and doughnut chain formerly known as Dunkin' Donuts, said Thursday that it is planning to close up to 800 locations across the U.S. by the end of this year. Earlier this month, the ...

Dunkin’ Says It Will Close 800 Locations This Year

Fri, 31 Jul 2020 13:03:00 GMT

Dunkin' Brands (NASDAQ: DNKN) intends to shutter approximately 800 of its locations permanently in 2020, targeting those with low sales volume to streamline its expenditures and operations. The news ...

Dunkin’ US to close as many as 800 locations

Fri, 31 Jul 2020 09:30:00 GMT

CANTON, MASS — About 800 Dunkin' US locations, including a previously announced 450 limited-menu Speedway locations, may close permanently in 2020 as part of a real estate portfolio rationalization, ...

Dunkin' Is Expected To Close 800 U.S. Stores In 2020

Thu, 30 Jul 2020 13:16:00 GMT

Dunkin' announced this week that it expects to permanently close ... Dunkin's U.S. locations were open as of July 25, and the majority that remained closed were located in places like college campuses ...

Related News Story Videos From Youtube






Blow Us A Whistle

Comments (Whistles) Designed By Disqus




Company Information

Official Content Providers











PRIVACY POLICY

We recommend Firefox 3 (and above), Edge, and Chrome for dynamic performance.
© 2008-2020 RobinsPost (The Bird's Eye View Company) All rights are reserved.
RobinsPost provides links to news sites based on their RSS feeds.
All trademarks, copyrights, videos, photos and logos are owned by news sources.
News stories, videos and live streams are from trusted sources:
Bing News, Google News, Faroo News, NewsApi.org and YouTube Search Results.
ROBINSPOST Is Proudly Made In America.
Where Quality, Safety and Service Comes First.